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 20.75% is in line with its 5-year average of 22.36%, near the high end of its 5-year range (3.66%–25.25%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.14% below its 12-month average of 22.35%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.75%
TAX RATE AVG TTM
22.35%
TAX RATE AVG 3Y
22.18%
TAX RATE AVG 5Y
22.36%
TAX RATE AVG 10Y
21.73%
TAX RATE AVG 15Y
27.19%
TAX RATE AVG 20Y
29.38%
CURRENT VS TTM AVG
-7.14%
CURRENT VS 3Y AVG
-6.43%
CURRENT VS 5Y AVG
-7.19%
CURRENT VS 10Y AVG
-4.51%
CURRENT VS 15Y AVG
-23.67%
CURRENT VS 20Y AVG
-29.37%
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 | 20.75% |
| 2026-03-31 | 20.65% |
| 2025-12-31 | 23.71% |
| 2025-09-30 | 22.86% |
| 2025-06-30 | 23.75% |
| 2025-03-31 | 21.98% |
| 2024-12-31 | 25.25% |
| 2024-06-30 | 24.02% |
| 2024-03-31 | 19.85% |
| 2023-12-31 | 21.26% |
| 2023-09-30 | 24.15% |
| 2023-06-30 | 17.89% |
| 2023-03-31 | 24.40% |
| 2022-09-30 | 20.21% |
| 2022-06-30 | 24.10% |
| 2022-03-31 | 23.22% |
| 2021-12-31 | 3.66% |
| 2021-09-30 | 20.36% |
| 2021-06-30 | 24.02% |
| 2021-03-31 | 24.16% |
| 2020-12-31 | 15.09% |
| 2020-09-30 | 17.32% |
| 2020-06-30 | 19.62% |
| 2020-03-31 | 23.25% |
| 2019-12-31 | 18.74% |
| 2019-09-30 | 21.59% |
| 2019-06-30 | 18.67% |
| 2019-03-31 | 21.95% |
| 2018-12-31 | 18.91% |
| 2018-09-30 | 21.89% |
| 2018-06-30 | 21.69% |
| 2018-03-31 | 21.38% |
| 2017-12-31 | -104.13% |
| 2017-09-30 | 28.66% |
| 2017-06-30 | 37.59% |
| 2017-03-31 | 30.86% |
| 2016-12-31 | 34.87% |
| 2016-09-30 | 35.55% |
| 2016-06-30 | 34.74% |
| 2016-03-31 | 34.68% |
| 2015-12-31 | 33.84% |
| 2015-09-30 | 35.16% |
| 2015-06-30 | 38.33% |
| 2015-03-31 | 35.15% |
| 2014-12-31 | 33.38% |
| 2014-09-30 | 33.08% |
| 2014-06-30 | 34.22% |
| 2014-03-31 | 34.52% |
| 2013-12-31 | 33.76% |
| 2013-09-30 | 33.88% |
| 2013-06-30 | 34.49% |
| 2013-03-31 | 34.01% |
| 2012-12-31 | 37.94% |
| 2012-09-30 | 35.68% |
| 2012-06-30 | 35.58% |
| 2012-03-31 | 33.10% |
| 2011-12-31 | 45.93% |
| 2011-09-30 | 36.83% |
| 2011-07-01 | 30.59% |
| 2011-04-01 | 36.47% |
| 2010-12-31 | 33.52% |
| 2010-10-01 | 34.35% |
| 2010-07-02 | 36.20% |
| 2010-04-02 | 36.20% |
| 2009-12-31 | 37.99% |
| 2009-09-25 | 37.85% |
| 2009-06-26 | 38.77% |
| 2009-03-27 | 37.10% |
| 2008-12-31 | 37.50% |
| 2008-09-26 | 34.37% |
| 2008-06-27 | 39.34% |
| 2008-03-28 | 35.71% |
| 2007-12-31 | 35.52% |
| 2007-09-28 | 34.73% |
| 2007-06-29 | 38.72% |
| 2007-03-30 | 35.96% |
| 2006-12-31 | 25.11% |
| 2006-09-29 | 31.70% |
| 2006-06-30 | 37.57% |
| 2006-03-31 | 39.71% |
| 2005-12-31 | 22.45% |
| 2005-09-30 | 21.57% |
| 2005-07-01 | 34.02% |
| 2005-04-01 | 34.85% |
| 2004-12-31 | 21.44% |
| 2004-10-01 | 28.20% |
| 2004-07-02 | 33.56% |
| 2004-04-02 | 33.00% |
| 2003-12-31 | 26.81% |
| 2003-09-26 | 33.55% |
| 2003-06-27 | 27.18% |
| 2003-03-28 | 34.65% |
| 2002-12-31 | 31.98% |
| 2002-09-27 | 34.52% |
