Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 28.62% is in line with its 5-year average of 29.39%, near the low end of its 5-year range (21.08%–51.27%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.75% below its 12-month average of 28.84%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.62%
TAX RATE AVG TTM
28.84%
TAX RATE AVG 3Y
29.32%
TAX RATE AVG 5Y
29.39%
TAX RATE AVG 10Y
28.41%
TAX RATE AVG 15Y
32.72%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-0.75%
CURRENT VS 3Y AVG
-2.36%
CURRENT VS 5Y AVG
-2.59%
CURRENT VS 10Y AVG
+0.76%
CURRENT VS 15Y AVG
-12.53%
CURRENT VS 20Y AVG
N/A
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2026-06-30 | 28.62% |
| 2026-03-31 | 25.18% |
| 2025-12-31 | 30.60% |
| 2025-09-30 | 30.06% |
| 2025-06-30 | 29.74% |
| 2025-03-31 | 28.44% |
| 2024-12-31 | 29.75% |
| 2024-09-30 | 29.29% |
| 2024-06-30 | 30.84% |
| 2024-03-31 | 28.28% |
| 2023-12-31 | 26.26% |
| 2023-09-30 | 22.92% |
| 2023-06-30 | 30.60% |
| 2023-03-31 | 30.14% |
| 2022-12-31 | 32.27% |
| 2022-09-30 | 34.41% |
| 2022-03-31 | 51.27% |
| 2021-12-31 | 21.08% |
| 2021-09-30 | 30.72% |
| 2021-06-30 | 41.13% |
| 2021-03-31 | 28.88% |
| 2020-12-31 | 28.97% |
| 2020-09-30 | 32.74% |
| 2020-06-30 | 27.46% |
| 2020-03-31 | 27.63% |
| 2019-12-31 | 24.43% |
| 2019-09-30 | 24.84% |
| 2019-06-30 | 29.35% |
| 2019-03-31 | 25.51% |
| 2018-12-31 | 21.24% |
| 2018-09-30 | 26.31% |
| 2018-06-30 | 30.72% |
| 2018-03-31 | 25.91% |
| 2017-12-31 | -146.97% |
| 2017-09-30 | 43.06% |
| 2017-06-30 | 35.91% |
| 2017-03-31 | 16.94% |
| 2016-12-31 | 39.77% |
| 2016-09-30 | 39.93% |
| 2016-06-30 | 39.23% |
| 2016-03-31 | 38.89% |
| 2015-12-31 | 36.73% |
| 2015-09-30 | 33.45% |
| 2015-06-30 | 39.09% |
| 2015-03-31 | 39.00% |
| 2014-12-31 | 41.22% |
| 2014-09-30 | 35.35% |
| 2014-06-30 | 38.06% |
| 2014-03-31 | 39.88% |
| 2013-12-31 | 36.09% |
| 2013-09-30 | 39.10% |
| 2013-06-30 | 38.36% |
| 2013-03-31 | 38.33% |
| 2012-12-31 | 33.12% |
| 2012-09-30 | 24.41% |
| 2012-06-30 | 41.37% |
| 2012-03-31 | 41.33% |
| 2011-12-31 | 39.23% |
| 2011-09-30 | 44.58% |
| 2011-06-29 | 40.66% |
| 2011-03-31 | 42.22% |
| 2010-12-31 | 37.19% |
| 2010-09-30 | 41.05% |
| 2010-06-30 | 40.12% |
| 2010-03-31 | 40.95% |
| 2009-12-31 | 38.30% |
| 2009-09-30 | 41.54% |
| 2009-06-30 | 40.81% |
| 2009-03-31 | 39.89% |
