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 25.65% is 17% above its 5-year average of 21.91%, near the high end of its 5-year range (13.91%–25.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.05% above its 12-month average of 23.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-06-30): 25.65%.
TAX RATE
25.65%
TAX RATE AVG TTM
23.52%
TAX RATE AVG 3Y
22.31%
TAX RATE AVG 5Y
21.91%
TAX RATE AVG 10Y
22.18%
TAX RATE AVG 15Y
28.53%
TAX RATE AVG 20Y
30.94%
CURRENT VS TTM AVG
+9.05%
CURRENT VS 3Y AVG
+14.97%
CURRENT VS 5Y AVG
+17.04%
CURRENT VS 10Y AVG
+15.63%
CURRENT VS 15Y AVG
-10.11%
CURRENT VS 20Y AVG
-17.11%
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 | 25.65% |
| 2026-03-31 | 21.87% |
| 2025-12-31 | 25.00% |
| 2025-09-30 | 22.27% |
| 2025-06-30 | 22.81% |
| 2025-03-31 | 20.71% |
| 2024-12-31 | 22.82% |
| 2024-09-30 | 18.39% |
| 2024-06-30 | 23.04% |
| 2024-03-31 | 13.91% |
| 2023-12-31 | 23.55% |
| 2023-09-30 | 19.49% |
| 2023-06-30 | 22.11% |
| 2023-03-31 | 19.58% |
| 2022-12-31 | 24.16% |
| 2022-09-30 | 20.97% |
| 2022-06-30 | 21.26% |
| 2022-03-31 | 25.22% |
| 2021-12-31 | 21.63% |
| 2021-09-30 | 19.65% |
| 2021-06-30 | 18.11% |
| 2021-03-31 | 23.48% |
| 2020-12-31 | 18.46% |
| 2020-09-30 | 20.60% |
| 2020-06-30 | 24.00% |
| 2020-03-31 | 20.76% |
| 2019-12-31 | 23.68% |
| 2019-09-30 | 20.79% |
| 2019-06-30 | 22.87% |
| 2019-03-31 | 26.70% |
| 2018-12-31 | 24.01% |
| 2018-09-30 | 22.00% |
| 2018-06-30 | 23.60% |
| 2018-03-31 | 22.74% |
| 2017-12-31 | 5.00% |
| 2017-09-30 | 30.53% |
| 2017-06-30 | 38.00% |
| 2017-03-31 | 37.19% |
| 2016-12-31 | 38.40% |
| 2016-09-30 | 38.30% |
| 2016-06-30 | 38.20% |
| 2016-03-31 | 37.31% |
| 2015-12-31 | 37.65% |
| 2015-09-30 | 38.65% |
| 2015-06-30 | 38.51% |
| 2015-03-31 | 38.44% |
| 2014-12-31 | 33.63% |
| 2014-09-30 | 38.02% |
| 2014-06-30 | 38.50% |
| 2014-03-31 | 35.07% |
| 2013-12-31 | 39.49% |
| 2013-09-30 | 42.53% |
| 2013-06-30 | 38.84% |
| 2013-03-31 | 36.89% |
| 2012-12-31 | 40.90% |
| 2012-09-30 | 38.92% |
| 2012-06-30 | 40.07% |
| 2012-03-31 | 38.68% |
| 2011-12-31 | 39.28% |
| 2011-09-30 | 39.47% |
| 2011-06-30 | 38.12% |
| 2011-03-31 | 42.75% |
| 2010-12-31 | 41.00% |
| 2010-09-30 | 16.93% |
| 2010-06-30 | 37.00% |
| 2010-03-31 | 40.37% |
| 2009-12-31 | 39.83% |
| 2009-09-30 | 39.63% |
| 2009-06-30 | 40.10% |
| 2009-03-31 | 39.23% |
| 2008-12-31 | 38.85% |
| 2008-09-30 | 38.99% |
| 2008-06-30 | 39.00% |
| 2008-03-31 | 38.99% |
| 2007-12-31 | 39.01% |
| 2007-09-30 | 39.15% |
| 2007-06-30 | 38.92% |
| 2007-03-31 | 39.00% |
| 2006-12-31 | 38.99% |
| 2006-09-30 | 39.00% |
| 2006-06-30 | 39.00% |
| 2006-03-31 | 38.46% |
| 2005-12-31 | 38.49% |
| 2005-09-30 | 38.46% |
| 2005-06-30 | 38.51% |
| 2005-03-31 | 38.52% |
| 2004-12-31 | 38.46% |
| 2004-09-30 | 38.50% |
| 2004-06-30 | 38.50% |
| 2004-03-31 | 38.00% |
| 2003-12-31 | 33.31% |
| 2003-09-30 | 38.01% |
| 2003-06-30 | 38.01% |
| 2003-03-31 | 38.00% |
| 2002-12-31 | 37.99% |
| 2002-09-30 | 38.00% |
