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 21.53% is in line with its 5-year average of 22.72%, around the middle of its 5-year range (15.48%–29.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.92% below its 12-month average of 23.39%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.53%
TAX RATE AVG TTM
23.39%
TAX RATE AVG 3Y
22.97%
TAX RATE AVG 5Y
22.92%
TAX RATE AVG 10Y
23.20%
TAX RATE AVG 15Y
30.01%
TAX RATE AVG 20Y
32.65%
CURRENT VS TTM AVG
-7.92%
CURRENT VS 3Y AVG
-6.27%
CURRENT VS 5Y AVG
-6.06%
CURRENT VS 10Y AVG
-7.18%
CURRENT VS 15Y AVG
-28.25%
CURRENT VS 20Y AVG
-34.05%
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 | 21.53% |
| 2026-03-31 | 23.60% |
| 2025-12-31 | 26.00% |
| 2025-09-30 | 22.85% |
| 2025-06-30 | 22.94% |
| 2025-03-31 | 23.18% |
| 2024-12-31 | 20.24% |
| 2024-09-30 | 22.44% |
| 2024-06-30 | 23.50% |
| 2024-03-31 | 23.19% |
| 2023-12-31 | 19.03% |
| 2023-09-30 | 23.00% |
| 2023-06-30 | 23.49% |
| 2023-03-31 | 23.61% |
| 2022-12-31 | 22.89% |
| 2022-09-30 | 22.77% |
| 2022-06-30 | 23.56% |
| 2022-03-31 | 22.41% |
| 2021-12-31 | 21.78% |
| 2021-09-30 | 15.48% |
| 2021-06-30 | 29.68% |
| 2021-03-31 | 23.59% |
| 2020-12-31 | 20.60% |
| 2020-09-30 | 23.30% |
| 2020-06-30 | 23.89% |
| 2020-03-31 | 22.49% |
| 2019-12-31 | 24.85% |
| 2019-09-30 | 12.02% |
| 2019-06-30 | 26.71% |
| 2019-03-31 | 22.54% |
| 2018-12-31 | 42.28% |
| 2018-09-30 | 26.70% |
| 2018-06-30 | 25.20% |
| 2018-03-31 | 24.08% |
| 2017-12-31 | -411.43% |
| 2017-09-30 | 49.18% |
| 2017-06-30 | 34.76% |
| 2017-03-31 | 43.45% |
| 2016-12-31 | 37.16% |
| 2016-09-30 | 13.85% |
| 2016-06-30 | 43.46% |
| 2016-03-31 | 36.42% |
| 2015-12-31 | 37.74% |
| 2015-09-30 | 30.31% |
| 2015-06-30 | 40.86% |
| 2015-03-31 | 36.92% |
| 2014-12-31 | 35.31% |
| 2014-09-30 | 32.42% |
| 2014-06-30 | 37.50% |
| 2014-03-31 | 40.28% |
| 2013-12-31 | 37.10% |
| 2013-09-30 | 40.76% |
| 2013-06-30 | 38.66% |
| 2013-03-31 | 38.75% |
| 2012-12-31 | 52.45% |
| 2012-09-30 | 44.69% |
| 2012-06-30 | 50.38% |
| 2012-03-31 | 38.56% |
| 2011-12-31 | -101.97% |
| 2011-09-30 | 42.30% |
| 2011-06-30 | 41.96% |
| 2011-03-31 | 10.65% |
| 2010-12-31 | 54.03% |
| 2010-09-30 | 41.23% |
| 2010-06-30 | 43.51% |
| 2010-03-31 | 39.78% |
| 2009-12-31 | 43.14% |
| 2009-09-30 | 43.14% |
| 2009-06-30 | 40.84% |
| 2009-03-31 | 43.20% |
| 2008-12-31 | 44.17% |
| 2008-09-30 | 57.40% |
| 2008-06-30 | 39.69% |
| 2008-03-21 | 30.37% |
| 2007-12-31 | 40.28% |
| 2007-09-30 | 39.71% |
| 2007-06-30 | 39.90% |
| 2007-03-31 | 39.62% |
| 2006-12-31 | 39.91% |
| 2006-09-30 | 39.13% |
| 2006-06-30 | 39.11% |
| 2006-03-31 | 39.26% |
| 2005-12-31 | 39.34% |
| 2005-09-30 | 39.62% |
| 2005-06-30 | 39.63% |
| 2005-03-31 | 40.00% |
| 2004-12-31 | 39.65% |
| 2004-09-30 | 40.50% |
| 2004-06-30 | 40.50% |
| 2004-03-31 | 40.50% |
| 2003-12-31 | 40.94% |
| 2003-09-30 | 40.63% |
| 2003-06-30 | 41.03% |
| 2003-03-31 | 40.30% |
| 2002-12-31 | 37.62% |
| 2002-09-30 | 40.00% |
