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 21.47% is in line with its 5-year average of 19.56%, near the low end of its 5-year range (11.36%–55.29%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.17% above its 12-month average of 18.64%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.47%
TAX RATE AVG TTM
18.64%
TAX RATE AVG 3Y
17.70%
TAX RATE AVG 5Y
17.00%
TAX RATE AVG 10Y
19.66%
TAX RATE AVG 15Y
27.59%
TAX RATE AVG 20Y
30.17%
CURRENT VS TTM AVG
+15.17%
CURRENT VS 3Y AVG
+21.29%
CURRENT VS 5Y AVG
+26.33%
CURRENT VS 10Y AVG
+9.23%
CURRENT VS 15Y AVG
-22.16%
CURRENT VS 20Y AVG
-28.82%
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 | 21.47% |
| 2026-03-31 | 11.66% |
| 2025-12-31 | 18.14% |
| 2025-09-30 | 20.58% |
| 2025-06-30 | 21.36% |
| 2025-03-31 | 13.71% |
| 2024-12-31 | 11.36% |
| 2024-09-30 | 32.40% |
| 2024-06-30 | 19.36% |
| 2024-03-31 | 15.81% |
| 2023-12-31 | 55.29% |
| 2023-09-30 | 11.67% |
| 2023-06-30 | 14.91% |
| 2023-03-31 | 13.46% |
| 2022-12-31 | 20.87% |
| 2022-09-30 | 16.88% |
| 2022-06-30 | 21.27% |
| 2022-03-31 | 18.40% |
| 2021-12-31 | 14.46% |
| 2021-09-30 | 16.00% |
| 2021-06-30 | 21.58% |
| 2021-03-31 | 18.28% |
| 2020-12-31 | 24.11% |
| 2020-09-30 | 15.08% |
| 2020-06-30 | 19.40% |
| 2020-03-31 | 17.05% |
| 2019-12-31 | 21.36% |
| 2019-09-30 | 21.83% |
| 2019-06-30 | 23.42% |
| 2019-03-31 | 22.00% |
| 2018-12-31 | 23.94% |
| 2018-09-30 | 26.54% |
| 2018-06-30 | 25.58% |
| 2018-03-31 | 21.33% |
| 2017-12-31 | 21.11% |
| 2017-09-30 | 35.22% |
| 2017-06-30 | 35.59% |
| 2017-03-31 | 31.67% |
| 2016-12-31 | 35.78% |
| 2016-09-30 | 36.70% |
| 2016-06-30 | 37.10% |
| 2016-03-31 | 37.45% |
| 2015-12-31 | 37.06% |
| 2015-09-30 | 38.35% |
| 2015-06-30 | 38.53% |
| 2015-03-31 | 38.21% |
| 2014-12-31 | 37.71% |
| 2014-09-30 | 36.60% |
| 2014-06-30 | 38.91% |
| 2014-03-31 | 38.22% |
| 2013-12-31 | 37.66% |
| 2013-09-30 | 37.98% |
| 2013-06-30 | 38.49% |
| 2013-03-31 | 38.72% |
| 2012-12-31 | 38.33% |
| 2012-09-30 | 37.90% |
| 2012-06-30 | 38.26% |
| 2012-03-31 | 37.26% |
| 2011-12-31 | 36.99% |
| 2011-09-30 | 37.86% |
| 2011-06-30 | 38.46% |
| 2011-03-31 | 38.18% |
| 2010-12-31 | 37.22% |
| 2010-09-30 | 38.36% |
| 2010-06-30 | 38.00% |
| 2010-03-31 | 38.44% |
| 2009-12-31 | 38.80% |
| 2009-09-30 | 38.51% |
| 2009-06-30 | 38.75% |
| 2009-03-31 | 38.06% |
| 2008-12-31 | 38.02% |
| 2008-09-30 | 37.72% |
| 2008-06-30 | 38.16% |
| 2008-03-31 | 37.70% |
| 2007-12-31 | 37.41% |
| 2007-09-30 | 38.10% |
| 2007-06-30 | 38.23% |
| 2007-03-31 | 38.57% |
| 2006-12-31 | 36.83% |
| 2006-09-30 | 38.30% |
| 2006-06-30 | 37.64% |
| 2006-03-31 | 38.89% |
| 2005-12-31 | 38.62% |
| 2005-09-30 | 38.17% |
| 2005-06-30 | 39.54% |
| 2005-03-31 | 39.39% |
| 2004-12-31 | 39.19% |
| 2004-09-30 | 39.34% |
| 2004-06-30 | 39.37% |
| 2004-03-31 | 39.22% |
| 2003-12-31 | 38.70% |
| 2003-09-30 | 38.70% |
| 2003-06-30 | 38.67% |
| 2003-03-31 | 38.74% |
| 2002-12-31 | 39.00% |
| 2002-09-30 | 39.00% |
