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 16.93% is in line with its 5-year average of 18.80%, around the middle of its 5-year range (-488.83%–368.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.48% below its 12-month average of 18.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.93%
TAX RATE AVG TTM
18.49%
TAX RATE AVG 3Y
20.05%
TAX RATE AVG 5Y
18.80%
TAX RATE AVG 10Y
21.98%
TAX RATE AVG 15Y
27.19%
TAX RATE AVG 20Y
27.95%
CURRENT VS TTM AVG
-8.48%
CURRENT VS 3Y AVG
-15.57%
CURRENT VS 5Y AVG
-9.99%
CURRENT VS 10Y AVG
-23.00%
CURRENT VS 15Y AVG
-37.75%
CURRENT VS 20Y AVG
-39.45%
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 | 16.93% |
| 2026-03-31 | 18.02% |
| 2025-12-31 | 24.25% |
| 2025-09-30 | 14.03% |
| 2025-06-30 | 19.25% |
| 2025-03-31 | 14.50% |
| 2024-12-31 | 23.54% |
| 2024-09-30 | 30.79% |
| 2024-06-30 | 18.10% |
| 2024-03-31 | 368.35% |
| 2023-12-31 | -488.83% |
| 2023-09-30 | 21.25% |
| 2023-06-30 | 19.85% |
| 2023-03-31 | 18.43% |
| 2022-12-31 | 10.01% |
| 2022-09-30 | 20.42% |
| 2022-06-30 | 20.75% |
| 2022-03-31 | 22.65% |
| 2021-12-31 | 13.64% |
| 2021-09-30 | 20.59% |
| 2021-06-30 | 22.23% |
| 2021-03-31 | 22.60% |
| 2020-12-31 | 22.98% |
| 2020-09-30 | 22.51% |
| 2020-06-30 | 23.11% |
| 2020-03-31 | 14.89% |
| 2019-12-31 | 21.97% |
| 2019-09-30 | 23.20% |
| 2019-06-30 | 19.80% |
| 2019-03-31 | 23.27% |
| 2018-12-31 | 35.53% |
| 2018-09-30 | 25.07% |
| 2018-06-30 | 26.68% |
| 2018-03-31 | 24.71% |
| 2017-12-31 | 64.78% |
| 2017-09-30 | 31.80% |
| 2017-06-30 | 28.57% |
| 2017-03-31 | 33.37% |
| 2016-12-31 | 38.18% |
| 2016-09-30 | 39.08% |
| 2016-06-30 | 38.13% |
| 2016-03-31 | 37.24% |
| 2015-12-31 | 36.57% |
| 2015-09-30 | 38.04% |
| 2015-06-30 | 37.61% |
| 2015-03-31 | 37.82% |
| 2014-12-31 | 36.89% |
| 2014-09-30 | 35.09% |
| 2014-06-30 | 36.51% |
| 2014-03-31 | 37.98% |
| 2013-12-31 | 32.84% |
| 2013-09-30 | 30.79% |
| 2013-06-30 | 34.03% |
| 2013-03-31 | 20.27% |
| 2012-12-31 | 34.25% |
| 2012-09-30 | 35.10% |
| 2012-06-30 | 35.37% |
| 2012-03-31 | 32.79% |
| 2011-12-31 | 36.26% |
| 2011-09-30 | 32.97% |
| 2011-06-30 | 33.95% |
| 2011-03-31 | 28.50% |
| 2010-12-31 | 15.23% |
| 2010-09-30 | 33.62% |
| 2010-06-30 | 32.80% |
| 2010-03-31 | 32.70% |
| 2009-12-31 | 34.84% |
| 2009-09-30 | 32.24% |
| 2009-06-30 | 30.95% |
| 2009-03-31 | 23.81% |
| 2008-09-30 | 26.61% |
| 2008-06-30 | 33.90% |
| 2008-03-31 | 24.32% |
| 2007-12-31 | 32.22% |
| 2007-09-30 | 27.69% |
| 2007-06-30 | 33.84% |
| 2007-03-31 | 32.93% |
| 2006-12-31 | 33.52% |
| 2006-09-30 | 32.29% |
| 2006-06-30 | 33.09% |
| 2006-03-31 | 33.33% |
| 2005-12-31 | 31.82% |
| 2005-09-30 | 32.38% |
| 2005-06-30 | 15.10% |
| 2005-03-31 | 34.44% |
| 2004-12-31 | 30.74% |
| 2004-09-30 | 37.78% |
| 2004-06-30 | 33.60% |
| 2004-03-31 | 33.65% |
| 2003-12-31 | 30.46% |
| 2003-09-30 | 30.60% |
| 2003-03-31 | 33.33% |
| 2002-12-31 | 18.64% |
