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 16.49% is 23% below its 5-year average of 21.33%, near the low end of its 5-year range (11.22%–34.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.43% above its 12-month average of 15.35%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.49%
TAX RATE AVG TTM
15.35%
TAX RATE AVG 3Y
17.06%
TAX RATE AVG 5Y
21.33%
TAX RATE AVG 10Y
21.90%
TAX RATE AVG 15Y
20.60%
TAX RATE AVG 20Y
18.24%
CURRENT VS TTM AVG
+7.43%
CURRENT VS 3Y AVG
-3.39%
CURRENT VS 5Y AVG
-22.73%
CURRENT VS 10Y AVG
-24.73%
CURRENT VS 15Y AVG
-19.96%
CURRENT VS 20Y AVG
-9.60%
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 | 16.49% |
| 2026-03-31 | 17.17% |
| 2025-12-31 | 11.22% |
| 2025-09-30 | 13.86% |
| 2025-06-30 | 17.99% |
| 2025-03-31 | 24.19% |
| 2024-12-31 | 21.10% |
| 2024-09-30 | 26.87% |
| 2024-06-30 | 16.30% |
| 2024-03-31 | 12.74% |
| 2023-12-31 | 19.12% |
| 2023-09-30 | 19.07% |
| 2023-06-30 | 15.53% |
| 2023-03-31 | 34.48% |
| 2022-12-31 | 31.94% |
| 2022-09-30 | 24.96% |
| 2022-06-30 | 28.23% |
| 2022-03-31 | 29.22% |
| 2021-12-31 | 23.32% |
| 2021-09-30 | 19.82% |
| 2021-06-30 | 24.43% |
| 2021-03-31 | 33.12% |
| 2020-12-31 | 23.86% |
| 2020-09-30 | 24.57% |
| 2020-06-30 | 37.26% |
| 2020-03-31 | 239.13% |
| 2019-09-30 | 207.81% |
| 2019-03-31 | 4.75% |
| 2018-12-31 | -199.00% |
| 2018-09-30 | 60.00% |
| 2018-06-30 | 22.97% |
| 2018-03-31 | 27.32% |
| 2017-12-31 | 34.84% |
| 2017-09-30 | 17.73% |
| 2017-06-30 | 11.28% |
| 2017-03-31 | 26.23% |
| 2016-12-31 | 28.67% |
| 2016-09-30 | -0.37% |
| 2016-06-30 | 26.27% |
| 2016-03-31 | 12.33% |
| 2015-12-31 | 49.16% |
| 2015-09-30 | 62.80% |
| 2015-06-30 | 17.41% |
| 2015-03-31 | 26.22% |
| 2014-12-31 | 177.19% |
| 2014-09-30 | 18.48% |
| 2014-06-30 | 11.09% |
| 2014-03-31 | -21.50% |
| 2013-12-31 | -6.25% |
| 2013-09-30 | 9.18% |
| 2013-06-30 | 10.54% |
| 2013-03-31 | 31.82% |
| 2012-12-31 | -227.27% |
| 2012-09-30 | -43.75% |
| 2012-06-30 | 27.61% |
| 2012-03-31 | 7.49% |
| 2011-12-31 | -27.68% |
| 2011-09-30 | 13.75% |
| 2011-06-30 | 13.94% |
| 2011-03-31 | 9.91% |
| 2010-12-31 | -3.64% |
| 2010-09-30 | 4.48% |
| 2010-06-30 | 64.96% |
| 2010-03-31 | -14.46% |
| 2009-12-31 | 29.80% |
| 2009-06-30 | -47.22% |
| 2009-03-31 | -25.49% |
| 2008-09-30 | 6.96% |
| 2008-06-30 | -11.17% |
| 2008-03-31 | 8.31% |
| 2007-12-31 | 550.00% |
| 2007-09-30 | -72.82% |
| 2005-06-30 | 41.94% |
| 2003-03-31 | 17.95% |
