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 20.66% is in line with its 4-year average of 21.57%, around the middle of its 4-year range (0.32%–51.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.90% above its 12-month average of 19.15%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.66%
TAX RATE AVG TTM
19.15%
TAX RATE AVG 3Y
19.40%
TAX RATE AVG 5Y
19.64%
TAX RATE AVG 10Y
20.70%
TAX RATE AVG 15Y
27.35%
TAX RATE AVG 20Y
26.57%
CURRENT VS TTM AVG
+7.90%
CURRENT VS 3Y AVG
+6.54%
CURRENT VS 5Y AVG
+5.21%
CURRENT VS 10Y AVG
-0.18%
CURRENT VS 15Y AVG
-24.43%
CURRENT VS 20Y AVG
-22.24%
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 | 20.66% |
| 2026-03-31 | 21.00% |
| 2025-12-31 | 19.00% |
| 2025-09-30 | 15.40% |
| 2025-06-30 | 19.70% |
| 2025-03-31 | 21.80% |
| 2024-12-31 | 19.98% |
| 2024-09-30 | 16.12% |
| 2024-06-30 | 0.32% |
| 2024-03-31 | 37.62% |
| 2023-12-31 | 22.64% |
| 2023-09-30 | 16.06% |
| 2023-06-30 | 20.99% |
| 2023-03-31 | 22.50% |
| 2022-12-31 | 19.48% |
| 2022-06-30 | 51.85% |
| 2020-03-31 | 20.04% |
| 2019-12-31 | 23.17% |
| 2019-09-30 | 23.84% |
| 2019-06-30 | 21.88% |
| 2019-03-31 | 24.85% |
| 2018-12-31 | 21.46% |
| 2018-09-30 | 21.84% |
| 2018-06-30 | 20.00% |
| 2018-03-31 | 19.89% |
| 2017-12-31 | -173.29% |
| 2017-09-30 | 33.52% |
| 2017-06-30 | 33.07% |
| 2017-03-31 | 28.87% |
| 2016-12-31 | 15.66% |
| 2016-06-30 | 36.05% |
| 2015-12-31 | 23.84% |
| 2015-09-30 | 44.72% |
| 2015-06-30 | 32.43% |
| 2014-12-31 | 36.91% |
| 2014-09-30 | 32.50% |
| 2014-06-30 | 29.70% |
| 2014-03-31 | 33.77% |
| 2013-12-31 | 33.56% |
| 2013-09-30 | 32.82% |
| 2013-06-30 | 30.68% |
| 2013-03-31 | 33.13% |
| 2012-12-31 | 33.06% |
| 2012-09-30 | 33.16% |
| 2012-06-30 | 33.87% |
| 2012-03-31 | 36.29% |
| 2011-12-31 | 38.18% |
| 2011-09-30 | 34.71% |
| 2011-06-30 | 22.92% |
| 2011-03-31 | 9.72% |
| 2010-12-31 | 12.96% |
| 2010-09-30 | 33.91% |
| 2010-06-30 | 11.94% |
| 2010-03-31 | 78.79% |
| 2009-12-31 | 16.67% |
| 2009-03-31 | 12.08% |
| 2008-12-31 | 29.72% |
| 2008-09-30 | 35.01% |
| 2008-06-30 | 31.11% |
| 2008-03-31 | 31.26% |
| 2007-12-31 | 33.91% |
| 2007-09-30 | 33.29% |
| 2007-06-30 | 34.16% |
| 2007-03-31 | 30.63% |
| 2006-12-31 | 29.88% |
| 2006-09-30 | 30.05% |
| 2006-06-30 | 25.52% |
| 2006-03-31 | 32.74% |
| 2005-12-31 | 35.68% |
| 2005-09-30 | 33.94% |
| 2005-06-30 | 23.48% |
| 2005-03-31 | 33.52% |
| 2004-12-31 | 25.80% |
| 2004-09-30 | 35.08% |
| 2004-06-30 | 31.48% |
| 2004-03-31 | 31.16% |
| 2003-12-31 | 8.54% |
| 2003-09-30 | 16.67% |
| 2003-06-30 | 32.10% |
| 2003-03-31 | -41.67% |
