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 25.14% is 13% above its 5-year average of 22.16%, around the middle of its 5-year range (8.69%–32.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.95% below its 12-month average of 26.17%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.14%
TAX RATE AVG TTM
26.17%
TAX RATE AVG 3Y
23.12%
TAX RATE AVG 5Y
22.16%
TAX RATE AVG 10Y
22.77%
TAX RATE AVG 15Y
23.74%
TAX RATE AVG 20Y
25.60%
CURRENT VS TTM AVG
-3.95%
CURRENT VS 3Y AVG
+8.73%
CURRENT VS 5Y AVG
+13.43%
CURRENT VS 10Y AVG
+10.37%
CURRENT VS 15Y AVG
+5.88%
CURRENT VS 20Y AVG
-1.81%
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 | 25.14% |
| 2026-03-31 | 27.19% |
| 2025-12-31 | 21.62% |
| 2025-09-30 | 32.65% |
| 2025-06-30 | 24.24% |
| 2025-03-31 | 23.90% |
| 2024-12-31 | 32.78% |
| 2024-09-30 | 19.18% |
| 2024-06-30 | 23.03% |
| 2024-03-31 | 8.69% |
| 2023-09-30 | 21.41% |
| 2023-06-30 | 22.34% |
| 2023-03-31 | 21.67% |
| 2022-12-31 | 17.22% |
| 2022-09-30 | 32.73% |
| 2022-06-30 | 17.31% |
| 2022-03-31 | 26.82% |
| 2021-12-31 | 22.18% |
| 2021-10-03 | 19.85% |
| 2021-07-04 | 21.44% |
| 2021-04-04 | 21.97% |
| 2020-12-31 | 19.69% |
| 2020-09-27 | 26.53% |
| 2020-06-28 | 25.69% |
| 2020-03-29 | 19.39% |
| 2019-12-31 | 17.91% |
| 2019-09-29 | 18.41% |
| 2019-06-30 | 21.35% |
| 2019-03-31 | 20.83% |
| 2018-12-31 | 14.08% |
| 2018-09-30 | 13.29% |
| 2018-07-01 | 22.52% |
| 2018-04-01 | 37.86% |
| 2017-12-31 | 151.85% |
| 2017-10-01 | 26.53% |
| 2017-07-02 | 26.38% |
| 2017-04-02 | 26.09% |
| 2016-12-31 | 22.05% |
| 2016-10-02 | 21.47% |
| 2016-07-03 | 25.74% |
| 2016-04-03 | 28.39% |
| 2015-12-31 | 16.04% |
| 2015-09-27 | 30.12% |
| 2015-06-28 | 29.55% |
| 2015-03-29 | 26.28% |
| 2014-12-31 | 23.69% |
| 2014-09-28 | 34.38% |
| 2014-06-29 | 26.48% |
| 2014-03-30 | 29.94% |
| 2013-12-31 | 15.72% |
| 2013-09-29 | 29.17% |
| 2013-06-30 | 28.06% |
| 2013-03-31 | 27.61% |
| 2012-12-31 | 15.86% |
| 2012-09-30 | 24.02% |
| 2012-07-01 | 25.11% |
| 2012-04-01 | 26.92% |
| 2011-12-31 | 24.54% |
| 2011-09-25 | 24.96% |
| 2011-06-26 | 29.53% |
| 2011-03-27 | 30.08% |
| 2010-12-31 | 26.23% |
| 2010-09-26 | 29.45% |
| 2010-06-27 | 31.12% |
| 2010-03-28 | 33.85% |
| 2009-12-31 | 22.46% |
| 2009-09-27 | 24.66% |
| 2009-06-28 | 29.29% |
| 2009-03-29 | 33.33% |
| 2008-12-31 | -25.53% |
| 2008-09-28 | 33.24% |
| 2008-06-29 | 32.17% |
| 2008-03-30 | 33.55% |
| 2007-12-31 | 31.29% |
| 2007-09-30 | 33.22% |
| 2007-06-30 | 32.94% |
| 2007-04-01 | 33.04% |
| 2006-12-31 | 28.27% |
| 2006-10-01 | 33.70% |
| 2006-06-30 | 22.41% |
| 2006-04-02 | 37.28% |
| 2005-12-31 | 25.93% |
| 2005-09-25 | 28.64% |
| 2005-06-26 | 28.02% |
| 2005-03-27 | 25.19% |
| 2004-12-31 | 8.45% |
| 2004-09-26 | -3.39% |
| 2004-06-27 | 28.10% |
| 2004-03-28 | 27.45% |
| 2003-12-31 | 20.59% |
| 2003-09-28 | 25.00% |
| 2003-06-29 | 26.32% |
| 2002-09-29 | 23.81% |
