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 28.06% is 25% above its 5-year average of 22.53%, near the high end of its 5-year range (-14.19%–42.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.35% below its 12-month average of 28.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.06%
TAX RATE AVG TTM
28.16%
TAX RATE AVG 3Y
23.65%
TAX RATE AVG 5Y
22.53%
TAX RATE AVG 10Y
15.68%
TAX RATE AVG 15Y
13.37%
TAX RATE AVG 20Y
15.67%
CURRENT VS TTM AVG
-0.35%
CURRENT VS 3Y AVG
+18.65%
CURRENT VS 5Y AVG
+24.54%
CURRENT VS 10Y AVG
+78.96%
CURRENT VS 15Y AVG
+109.93%
CURRENT VS 20Y AVG
+79.04%
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 | 28.06% |
| 2026-03-31 | 21.59% |
| 2025-12-31 | 21.26% |
| 2025-09-30 | 26.90% |
| 2025-06-30 | 42.96% |
| 2025-03-31 | 23.09% |
| 2024-12-31 | 22.09% |
| 2024-09-30 | 28.58% |
| 2024-06-30 | 27.30% |
| 2024-03-31 | 20.13% |
| 2023-12-31 | 10.54% |
| 2023-09-30 | 15.21% |
| 2023-06-30 | 25.90% |
| 2023-03-31 | 24.79% |
| 2022-12-31 | -14.19% |
| 2022-10-01 | 26.15% |
| 2022-07-02 | 31.44% |
| 2022-04-02 | 24.07% |
| 2021-12-31 | 9.01% |
| 2021-10-02 | 6.57% |
| 2021-07-03 | 14.93% |
| 2021-04-03 | 7.53% |
| 2020-12-31 | 6.69% |
| 2020-09-26 | 2.46% |
| 2020-06-27 | 12.86% |
| 2020-03-28 | 4.76% |
| 2019-12-31 | -525.73% |
| 2019-09-28 | 13.02% |
| 2019-06-29 | 16.61% |
| 2019-03-30 | 6.00% |
| 2018-12-31 | 9.40% |
| 2018-09-29 | 0.24% |
| 2018-06-30 | 16.52% |
| 2018-03-31 | 6.76% |
| 2017-12-31 | 118.77% |
| 2017-09-30 | 6.23% |
| 2017-07-01 | 10.65% |
| 2017-04-01 | 7.98% |
| 2016-12-31 | 26.34% |
| 2016-10-01 | -1.71% |
| 2016-07-02 | 22.74% |
| 2016-04-02 | 11.98% |
| 2015-12-31 | -0.28% |
| 2015-10-03 | -2.73% |
| 2015-07-04 | 16.40% |
| 2015-04-04 | 14.31% |
| 2014-12-31 | 2.51% |
| 2014-09-27 | 18.60% |
| 2014-06-28 | 21.84% |
| 2014-03-29 | 13.94% |
| 2013-12-31 | -28.10% |
| 2013-09-28 | 5.83% |
| 2013-06-29 | 74.94% |
| 2013-03-30 | -53.99% |
| 2012-12-31 | -495.27% |
| 2012-09-29 | -15.84% |
| 2012-06-30 | 20.42% |
| 2012-03-31 | 20.75% |
| 2011-12-31 | 67.22% |
| 2011-10-01 | 1.70% |
| 2011-07-02 | -19.15% |
| 2011-04-02 | 42.66% |
| 2008-06-28 | 66.14% |
| 2007-12-31 | 0.46% |
| 2007-09-29 | 24.41% |
| 2007-06-30 | 29.78% |
| 2007-03-31 | 29.41% |
| 2006-12-31 | 37.59% |
| 2006-09-30 | 42.21% |
| 2006-07-01 | 43.39% |
| 2006-04-01 | 43.68% |
| 2005-12-31 | 71.21% |
| 2005-10-01 | 36.85% |
| 2005-07-02 | 52.79% |
| 2005-04-02 | 32.03% |
| 2004-12-31 | 7.12% |
| 2004-10-02 | 31.20% |
| 2004-07-03 | 19.95% |
| 2003-12-31 | 49.19% |
| 2002-12-31 | 45.73% |
| 2002-09-28 | 44.39% |
