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 22.37% is 227% above its 5-year average of 6.84%, near the high end of its 5-year range (-110.52%–26.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.27% above its 12-month average of 21.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.37%
TAX RATE AVG TTM
21.45%
TAX RATE AVG 3Y
21.78%
TAX RATE AVG 5Y
22.61%
TAX RATE AVG 10Y
21.05%
TAX RATE AVG 15Y
21.85%
TAX RATE AVG 20Y
23.39%
CURRENT VS TTM AVG
+4.27%
CURRENT VS 3Y AVG
+2.68%
CURRENT VS 5Y AVG
-1.07%
CURRENT VS 10Y AVG
+6.25%
CURRENT VS 15Y AVG
+2.38%
CURRENT VS 20Y AVG
-4.37%
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 | 22.37% |
| 2026-03-31 | 23.09% |
| 2025-12-31 | 17.33% |
| 2025-09-30 | 23.02% |
| 2025-03-31 | 21.88% |
| 2024-12-31 | -110.52% |
| 2024-09-30 | 18.41% |
| 2024-06-30 | 22.78% |
| 2024-03-31 | 21.43% |
| 2023-12-31 | -45.86% |
| 2023-09-30 | 24.16% |
| 2023-06-30 | 23.38% |
| 2023-03-31 | 22.02% |
| 2022-12-31 | 21.55% |
| 2022-09-30 | 26.23% |
| 2022-06-30 | 25.19% |
| 2022-03-31 | 26.55% |
| 2021-12-31 | -1.24% |
| 2021-09-30 | 22.38% |
| 2021-06-30 | -67.37% |
| 2021-03-31 | 19.73% |
| 2020-12-31 | -189.06% |
| 2020-09-30 | 11.69% |
| 2020-06-30 | -3.40% |
| 2020-03-31 | 40.94% |
| 2019-12-31 | -220.14% |
| 2019-09-30 | 6.35% |
| 2019-06-30 | 12.26% |
| 2019-03-31 | 18.53% |
| 2018-09-30 | 28.06% |
| 2018-06-30 | 8.03% |
| 2018-03-31 | 39.53% |
| 2017-09-30 | 36.96% |
| 2017-06-30 | 25.78% |
| 2017-03-31 | 30.96% |
| 2016-06-30 | 16.67% |
| 2016-03-31 | 22.26% |
| 2015-06-30 | 16.02% |
| 2014-06-30 | 44.57% |
| 2014-03-31 | 36.99% |
| 2013-09-30 | 26.18% |
| 2013-06-30 | 28.81% |
| 2013-03-31 | 17.67% |
| 2012-09-30 | -13.56% |
| 2012-06-30 | 16.66% |
| 2012-03-31 | 21.42% |
| 2011-12-31 | 21.49% |
| 2011-09-30 | 17.98% |
| 2011-06-30 | 14.31% |
| 2011-03-31 | 23.17% |
| 2010-12-31 | 15.88% |
| 2010-09-30 | 8.02% |
| 2010-06-30 | 16.98% |
| 2010-03-31 | 37.24% |
| 2009-09-30 | -126.34% |
| 2007-12-31 | 30.00% |
| 2007-09-30 | 28.60% |
| 2007-06-30 | 29.60% |
| 2007-03-31 | 33.68% |
| 2006-12-31 | 32.34% |
| 2006-09-30 | 32.68% |
| 2006-06-30 | 34.54% |
| 2006-03-31 | 35.60% |
| 2005-12-31 | 38.34% |
| 2005-09-30 | 73.07% |
