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 22.25% is in line with its 5-year average of 21.71%, near the high end of its 5-year range (7.80%–23.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.51% above its 12-month average of 21.50%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.25%
TAX RATE AVG TTM
21.50%
TAX RATE AVG 3Y
20.98%
TAX RATE AVG 5Y
21.71%
TAX RATE AVG 10Y
21.56%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+3.51%
CURRENT VS 3Y AVG
+6.04%
CURRENT VS 5Y AVG
+2.50%
CURRENT VS 10Y AVG
+3.20%
CURRENT VS 15Y AVG
N/A
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 | 22.25% |
| 2026-03-31 | 20.46% |
| 2025-12-31 | 22.01% |
| 2025-09-30 | 21.46% |
| 2025-06-30 | 21.30% |
| 2025-03-31 | 20.30% |
| 2024-12-31 | 21.06% |
| 2024-09-30 | 18.72% |
| 2024-06-30 | 18.33% |
| 2024-03-31 | 22.33% |
| 2023-12-31 | 7.80% |
| 2023-09-30 | 21.68% |
| 2023-06-30 | 21.90% |
| 2023-03-31 | 23.04% |
| 2022-12-31 | 21.14% |
| 2022-09-30 | 21.77% |
| 2022-06-30 | 23.85% |
| 2022-03-31 | 21.64% |
| 2021-12-31 | 22.51% |
| 2021-09-30 | 22.17% |
| 2021-06-30 | 22.02% |
| 2021-03-31 | 21.77% |
| 2020-12-31 | 20.14% |
| 2020-09-30 | 16.27% |
| 2020-06-30 | 17.59% |
| 2020-03-31 | 24.44% |
| 2019-12-31 | 16.82% |
| 2019-09-30 | 20.39% |
| 2019-06-30 | 21.90% |
| 2019-03-31 | 22.44% |
| 2018-12-31 | 16.52% |
| 2018-09-30 | 23.09% |
| 2018-06-30 | 22.59% |
| 2018-03-31 | 22.55% |
| 2017-12-31 | -32.41% |
| 2017-09-30 | 32.16% |
| 2017-06-30 | 31.17% |
| 2017-03-31 | 26.27% |
| 2016-12-31 | 31.88% |
| 2016-09-30 | 30.44% |
| 2016-06-30 | 32.69% |
| 2016-03-31 | 32.83% |
| 2015-12-31 | 33.23% |
| 2015-09-30 | 34.33% |
| 2015-06-30 | 32.62% |
| 2015-03-31 | 33.65% |
| 2014-12-31 | 30.39% |
| 2014-09-30 | 31.02% |
| 2014-06-30 | 34.24% |
| 2014-03-31 | 29.36% |
| 2013-12-31 | 26.92% |
| 2013-09-30 | 34.55% |
| 2013-03-31 | 35.11% |
| 2012-12-31 | 38.41% |
