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 25.89% is in line with its 5-year average of 25.63%, near the high end of its 5-year range (-31.06%–35.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 20.19% above its 12-month average of 21.54%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.89%
TAX RATE AVG TTM
21.54%
TAX RATE AVG 3Y
25.78%
TAX RATE AVG 5Y
25.63%
TAX RATE AVG 10Y
24.91%
TAX RATE AVG 15Y
29.35%
TAX RATE AVG 20Y
31.40%
CURRENT VS TTM AVG
+20.19%
CURRENT VS 3Y AVG
+0.44%
CURRENT VS 5Y AVG
+1.02%
CURRENT VS 10Y AVG
+3.91%
CURRENT VS 15Y AVG
-11.78%
CURRENT VS 20Y AVG
-17.55%
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 | 25.89% |
| 2026-03-31 | 25.83% |
| 2025-12-31 | 4.12% |
| 2025-09-30 | 27.26% |
| 2025-06-30 | 24.60% |
| 2025-03-31 | 26.63% |
| 2024-12-31 | -31.06% |
| 2024-09-30 | 25.79% |
| 2024-06-30 | 25.82% |
| 2024-03-31 | 26.01% |
| 2023-12-31 | 22.01% |
| 2023-09-30 | 26.86% |
| 2023-06-30 | 26.84% |
| 2023-03-31 | 28.15% |
| 2022-12-31 | 21.72% |
| 2022-06-30 | 28.01% |
| 2022-03-31 | 27.04% |
| 2021-12-31 | 23.29% |
| 2021-09-30 | 23.91% |
| 2021-06-30 | 35.52% |
| 2021-03-31 | 25.37% |
| 2020-12-31 | 22.17% |
| 2020-09-30 | 26.68% |
| 2020-06-30 | 23.92% |
| 2020-03-31 | 23.94% |
| 2019-12-31 | 21.20% |
| 2019-09-30 | 19.07% |
| 2019-06-30 | 23.08% |
| 2019-03-31 | 22.85% |
| 2018-12-31 | 15.84% |
| 2018-09-30 | 25.65% |
| 2018-06-30 | 25.13% |
| 2018-03-31 | 20.48% |
| 2017-12-31 | -339.36% |
| 2017-09-30 | 34.51% |
| 2017-06-30 | 34.97% |
| 2017-03-31 | 32.22% |
| 2016-12-31 | 35.31% |
| 2016-09-30 | 37.59% |
| 2016-06-30 | 38.06% |
| 2016-03-31 | 37.09% |
| 2015-12-31 | 36.11% |
| 2015-09-30 | 37.47% |
| 2015-06-30 | 37.64% |
| 2015-03-31 | 37.07% |
| 2014-12-31 | 35.82% |
| 2014-09-30 | 13.39% |
| 2014-06-30 | 37.86% |
| 2014-03-31 | 36.58% |
| 2013-12-31 | 33.38% |
| 2013-09-30 | 36.48% |
| 2013-06-30 | 37.54% |
| 2013-03-31 | 35.99% |
| 2012-12-31 | 30.10% |
| 2012-09-30 | 32.06% |
| 2012-06-30 | 33.18% |
| 2012-03-31 | 34.14% |
| 2011-12-31 | 33.57% |
| 2011-09-30 | 35.40% |
| 2011-06-30 | 42.59% |
| 2011-03-31 | 36.45% |
| 2010-12-31 | 39.45% |
| 2010-09-30 | 40.17% |
| 2010-06-30 | 39.89% |
| 2010-03-31 | 40.20% |
| 2009-12-31 | 28.89% |
| 2009-09-30 | 17.85% |
| 2009-06-30 | 30.72% |
| 2009-03-31 | 37.21% |
| 2008-12-31 | 29.09% |
| 2008-09-30 | 34.66% |
| 2008-06-30 | 42.36% |
| 2008-03-31 | 40.77% |
| 2007-12-31 | 40.16% |
| 2007-09-30 | 43.63% |
| 2007-06-30 | 44.02% |
| 2007-03-31 | 38.70% |
| 2006-12-31 | 33.90% |
| 2006-09-30 | 38.56% |
| 2006-06-30 | 48.30% |
| 2006-03-31 | 24.66% |
| 2005-12-31 | 68.75% |
| 2005-09-30 | 40.82% |
| 2005-06-30 | 42.93% |
| 2005-03-31 | 48.28% |
| 2004-12-31 | 45.86% |
| 2004-09-30 | 41.71% |
| 2004-06-30 | 45.79% |
| 2004-03-31 | 54.29% |
| 2003-12-31 | 30.94% |
| 2003-06-30 | 140.00% |
| 2002-12-31 | 71.29% |
| 2002-09-30 | 52.94% |
