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 14.47% is in line with its 5-year average of 13.91%, near the high end of its 5-year range (-57.46%–21.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 331.79% above its 12-month average of -6.24%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
14.47%
TAX RATE AVG TTM
-6.24%
TAX RATE AVG 3Y
13.65%
TAX RATE AVG 5Y
13.91%
TAX RATE AVG 10Y
16.94%
TAX RATE AVG 15Y
18.20%
TAX RATE AVG 20Y
18.09%
CURRENT VS TTM AVG
+331.79%
CURRENT VS 3Y AVG
+6.03%
CURRENT VS 5Y AVG
+4.06%
CURRENT VS 10Y AVG
-14.54%
CURRENT VS 15Y AVG
-20.48%
CURRENT VS 20Y AVG
-19.97%
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 | 14.47% |
| 2026-03-31 | 15.18% |
| 2025-12-31 | -16.04% |
| 2025-09-30 | -57.46% |
| 2025-06-30 | 12.62% |
| 2025-03-31 | 14.32% |
| 2024-12-31 | 7.64% |
| 2024-09-30 | 15.14% |
| 2024-06-30 | 15.28% |
| 2024-03-31 | 15.06% |
| 2023-12-31 | 7.77% |
| 2023-09-30 | 15.91% |
| 2023-06-30 | 16.77% |
| 2023-03-31 | 15.90% |
| 2022-12-31 | -0.22% |
| 2022-09-30 | 21.10% |
| 2022-06-30 | 20.55% |
| 2022-03-31 | 18.28% |
| 2021-12-31 | -1.52% |
| 2021-09-30 | 19.98% |
| 2021-06-30 | 20.07% |
| 2021-03-31 | 19.57% |
| 2020-12-31 | -1.96% |
| 2020-09-30 | 18.32% |
| 2020-06-30 | 18.03% |
| 2020-03-31 | 18.74% |
| 2019-12-31 | -1.15% |
| 2019-09-30 | 19.96% |
| 2019-06-30 | 20.52% |
| 2019-03-31 | 20.02% |
| 2018-12-31 | 10.72% |
| 2018-09-30 | 18.54% |
| 2018-06-30 | 17.76% |
| 2018-03-31 | 18.02% |
| 2017-12-31 | 14.42% |
| 2017-09-30 | 18.74% |
| 2017-06-30 | 19.14% |
| 2017-03-31 | 17.47% |
| 2016-12-31 | 11.89% |
| 2016-09-30 | 22.40% |
| 2016-06-30 | 22.50% |
| 2016-03-31 | 21.09% |
| 2015-12-31 | 21.58% |
| 2015-09-30 | 21.22% |
| 2015-06-30 | 21.68% |
| 2015-03-31 | 21.54% |
| 2014-12-31 | 21.36% |
| 2014-09-30 | 21.32% |
| 2014-06-30 | 19.05% |
| 2014-03-31 | 20.12% |
| 2013-12-31 | 13.14% |
| 2013-09-30 | 18.35% |
| 2013-06-30 | 20.90% |
| 2013-03-31 | 20.39% |
| 2012-12-31 | 20.96% |
| 2012-09-30 | 21.07% |
| 2012-06-30 | 21.19% |
| 2012-03-31 | 21.67% |
| 2011-12-31 | 21.14% |
| 2011-09-30 | 20.11% |
| 2011-06-30 | 20.44% |
| 2011-03-31 | 19.60% |
| 2010-12-31 | 19.07% |
| 2010-09-30 | 19.53% |
| 2010-06-30 | 20.41% |
| 2010-03-31 | 20.33% |
| 2009-12-31 | 20.04% |
| 2009-09-30 | 19.28% |
| 2009-06-30 | 20.26% |
| 2009-03-31 | 19.64% |
| 2008-12-31 | 11.98% |
| 2008-09-30 | 18.45% |
| 2008-06-30 | 17.86% |
| 2008-03-31 | 16.17% |
| 2007-12-31 | 13.52% |
| 2007-09-30 | 14.00% |
| 2007-06-30 | 13.68% |
| 2007-03-31 | 18.98% |
| 2006-12-31 | 17.11% |
| 2006-09-30 | 17.32% |
| 2006-06-30 | 18.11% |
| 2006-03-31 | 19.14% |
| 2005-12-31 | 16.84% |
| 2005-09-30 | 17.45% |
| 2005-06-30 | 17.35% |
| 2005-03-31 | 17.00% |
| 2004-12-31 | 16.63% |
| 2004-09-30 | 17.00% |
| 2004-06-30 | 16.95% |
| 2004-03-31 | 26.04% |
| 2003-12-31 | 18.05% |
| 2003-09-30 | 20.06% |
| 2003-06-30 | 17.98% |
| 2003-03-31 | 17.91% |
| 2002-12-31 | 18.00% |
| 2002-09-30 | 16.16% |
