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 24.32% is in line with its 5-year average of 23.21%, near the low end of its 5-year range (20.16%–104.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 38.80% below its 12-month average of 39.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.32%
TAX RATE AVG TTM
39.73%
TAX RATE AVG 3Y
23.11%
TAX RATE AVG 5Y
23.21%
TAX RATE AVG 10Y
24.58%
TAX RATE AVG 15Y
27.81%
TAX RATE AVG 20Y
28.96%
CURRENT VS TTM AVG
-38.80%
CURRENT VS 3Y AVG
+5.20%
CURRENT VS 5Y AVG
+4.76%
CURRENT VS 10Y AVG
-1.06%
CURRENT VS 15Y AVG
-12.57%
CURRENT VS 20Y AVG
-16.03%
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 | 24.32% |
| 2026-03-31 | 23.65% |
| 2025-12-31 | 104.67% |
| 2025-09-30 | 22.78% |
| 2025-06-30 | 23.24% |
| 2025-03-31 | 23.82% |
| 2024-12-31 | 21.53% |
| 2024-09-30 | 21.30% |
| 2024-06-30 | 24.06% |
| 2024-03-31 | 24.61% |
| 2023-12-31 | 23.08% |
| 2023-09-30 | 21.86% |
| 2023-06-30 | 39.80% |
| 2023-03-31 | 26.20% |
| 2022-12-31 | 67.42% |
| 2022-09-30 | 23.54% |
| 2022-06-30 | 24.02% |
| 2022-03-31 | 24.15% |
| 2021-12-31 | 41.98% |
| 2021-09-30 | 20.16% |
| 2021-06-30 | 22.25% |
| 2021-03-31 | 23.93% |
| 2020-12-31 | 22.60% |
| 2020-09-30 | 22.96% |
| 2020-06-30 | 24.24% |
| 2020-03-31 | 16.42% |
| 2019-12-31 | 21.61% |
| 2019-09-30 | 21.03% |
| 2019-06-30 | 24.91% |
| 2019-03-31 | 26.29% |
| 2018-12-31 | 22.72% |
| 2018-09-30 | 31.46% |
| 2018-06-30 | 23.99% |
| 2018-03-31 | 26.62% |
| 2017-12-31 | 60.60% |
| 2017-09-30 | 27.78% |
| 2017-06-30 | 32.45% |
| 2017-03-31 | 29.12% |
| 2016-12-31 | 32.76% |
| 2016-09-30 | 28.68% |
| 2016-06-30 | 30.58% |
| 2016-03-31 | 31.59% |
| 2015-09-30 | 31.92% |
| 2015-06-30 | 33.48% |
| 2015-03-31 | 31.57% |
| 2014-12-31 | 32.80% |
| 2014-09-30 | 38.56% |
| 2014-06-30 | 31.93% |
| 2014-03-31 | 31.10% |
| 2013-12-31 | 32.70% |
| 2013-09-30 | 31.20% |
| 2013-06-30 | 33.70% |
| 2013-03-31 | 32.08% |
| 2012-12-31 | 32.84% |
| 2012-09-30 | 31.87% |
| 2012-06-30 | 31.86% |
| 2012-03-31 | 31.79% |
| 2011-12-31 | 31.17% |
| 2011-09-30 | 34.05% |
| 2011-06-30 | 32.50% |
| 2011-03-31 | 32.48% |
| 2010-12-31 | 26.77% |
| 2010-09-30 | 31.75% |
| 2010-06-30 | 32.55% |
| 2010-03-31 | 41.54% |
| 2009-12-31 | 32.58% |
| 2009-09-30 | 32.12% |
| 2009-06-30 | 32.09% |
| 2009-03-31 | 32.11% |
| 2008-12-31 | 33.56% |
| 2008-09-30 | 32.94% |
| 2008-06-30 | 33.41% |
| 2008-03-31 | 32.39% |
| 2007-12-31 | 35.23% |
| 2007-09-30 | 33.35% |
| 2007-06-30 | 32.63% |
| 2007-03-31 | 20.02% |
| 2006-12-31 | 32.44% |
| 2006-09-30 | 32.29% |
| 2006-06-30 | 32.41% |
| 2006-03-31 | 32.42% |
| 2005-12-31 | 33.15% |
| 2005-09-30 | 38.82% |
| 2005-06-30 | 32.79% |
| 2005-03-31 | 34.90% |
| 2004-12-31 | 34.52% |
| 2004-09-30 | 35.19% |
| 2004-06-30 | 32.69% |
| 2004-03-31 | 32.70% |
| 2003-12-31 | 30.36% |
| 2003-09-30 | 27.63% |
| 2003-06-30 | 31.62% |
| 2003-03-31 | 32.00% |
| 2002-12-31 | 30.20% |
| 2002-09-30 | 30.44% |
