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 23.76% is in line with its 5-year average of 22.37%, near the high end of its 5-year range (10.88%–25.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.29% above its 12-month average of 23.23%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.76%
TAX RATE AVG TTM
23.23%
TAX RATE AVG 3Y
22.92%
TAX RATE AVG 5Y
22.37%
TAX RATE AVG 10Y
19.26%
TAX RATE AVG 15Y
19.45%
TAX RATE AVG 20Y
19.45%
CURRENT VS TTM AVG
+2.29%
CURRENT VS 3Y AVG
+3.68%
CURRENT VS 5Y AVG
+6.20%
CURRENT VS 10Y AVG
+23.40%
CURRENT VS 15Y AVG
+22.16%
CURRENT VS 20Y AVG
+22.16%
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 | 23.76% |
| 2026-03-31 | 25.44% |
| 2025-12-31 | 21.16% |
| 2025-09-30 | 24.11% |
| 2025-06-30 | 21.69% |
| 2025-03-31 | 24.00% |
| 2024-12-31 | 18.08% |
| 2024-09-30 | 21.60% |
| 2024-06-30 | 23.08% |
| 2024-03-31 | 25.84% |
| 2023-12-31 | 24.83% |
| 2023-09-30 | 20.44% |
| 2023-06-30 | 23.91% |
| 2023-03-31 | 24.02% |
| 2022-12-31 | 23.23% |
| 2022-09-30 | 20.85% |
| 2022-06-30 | 22.26% |
| 2022-03-31 | 19.90% |
| 2021-12-31 | 10.88% |
| 2021-09-30 | 19.78% |
| 2021-06-30 | 19.53% |
| 2021-03-31 | 19.00% |
| 2020-12-31 | 15.35% |
| 2020-09-30 | 15.96% |
| 2020-06-30 | 15.93% |
| 2020-03-31 | 5.85% |
| 2019-12-31 | 11.80% |
| 2019-09-30 | 21.25% |
| 2019-06-30 | 17.87% |
| 2019-03-31 | 27.29% |
| 2018-12-31 | 0.55% |
| 2018-09-30 | 15.73% |
| 2018-06-30 | 10.79% |
| 2018-03-31 | 11.16% |
| 2017-09-30 | 22.03% |
| 2017-06-30 | 19.75% |
| 2017-03-31 | 10.59% |
| 2016-12-31 | 26.96% |
| 2016-09-30 | 6.02% |
| 2014-12-31 | 18.97% |
| 2014-09-30 | 983.33% |
| 2014-06-30 | 325.00% |
| 2014-03-31 | 237.04% |
| 2013-12-31 | -11.43% |
| 2012-12-31 | 544.44% |
| 2011-12-31 | 27.35% |
| 2010-09-30 | 778.57% |
| 2010-03-31 | 44.19% |
| 2009-12-31 | 0.77% |
| 2005-09-30 | 22.22% |
| 2003-09-30 | -311.11% |
