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 28.20% is 35% below its 5-year average of 43.18%, near the low end of its 5-year range (-67.19%–477.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.97% below its 12-month average of 28.48%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.20%
TAX RATE AVG TTM
28.48%
TAX RATE AVG 3Y
28.73%
TAX RATE AVG 5Y
23.71%
TAX RATE AVG 10Y
23.95%
TAX RATE AVG 15Y
26.10%
TAX RATE AVG 20Y
24.38%
CURRENT VS TTM AVG
-0.97%
CURRENT VS 3Y AVG
-1.84%
CURRENT VS 5Y AVG
+18.97%
CURRENT VS 10Y AVG
+17.78%
CURRENT VS 15Y AVG
+8.08%
CURRENT VS 20Y AVG
+15.69%
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 | 28.20% |
| 2026-03-31 | 28.87% |
| 2025-09-30 | 33.50% |
| 2025-06-30 | 23.34% |
| 2025-03-31 | 29.44% |
| 2024-12-31 | -28.38% |
| 2024-09-30 | -9.38% |
| 2024-06-30 | 31.90% |
| 2024-03-31 | 13.31% |
| 2023-12-31 | 477.42% |
| 2023-09-30 | 63.49% |
| 2023-06-30 | 41.31% |
| 2023-03-31 | 37.29% |
| 2022-09-30 | 15.53% |
| 2022-06-30 | 20.58% |
| 2022-03-31 | 21.00% |
| 2021-12-31 | -67.19% |
| 2021-06-30 | 17.00% |
| 2021-03-31 | 10.28% |
| 2020-12-31 | -27.14% |
| 2020-06-30 | 75.45% |
| 2020-03-31 | 75.76% |
| 2019-09-30 | 18.93% |
| 2019-06-30 | 36.89% |
| 2019-03-31 | 119.23% |
| 2018-09-30 | 34.76% |
| 2018-06-30 | 11.58% |
| 2018-03-31 | 60.29% |
| 2017-09-30 | -9.56% |
| 2017-06-30 | -50.64% |
| 2017-03-31 | 18.29% |
| 2016-12-31 | 17.03% |
| 2016-09-30 | 12.61% |
| 2016-06-30 | 16.14% |
| 2016-03-31 | 46.41% |
| 2015-12-31 | -147.09% |
| 2015-06-30 | 40.84% |
| 2014-09-30 | 205.72% |
| 2014-06-30 | 55.63% |
| 2013-06-30 | 376.30% |
| 2012-03-31 | 151.12% |
| 2011-12-31 | 539.46% |
| 2009-09-30 | -29.10% |
| 2009-06-30 | 4.41% |
| 2008-09-30 | 9.24% |
| 2008-06-30 | 16.38% |
| 2008-03-31 | 16.29% |
| 2007-12-31 | 9.56% |
| 2007-09-30 | 17.00% |
| 2007-06-30 | 16.99% |
| 2007-03-31 | 17.02% |
| 2006-12-31 | 20.64% |
| 2006-09-30 | 15.60% |
| 2006-06-30 | 15.60% |
| 2006-03-31 | 15.60% |
| 2005-12-31 | 20.86% |
| 2005-09-30 | 12.97% |
| 2005-06-30 | 12.60% |
| 2005-03-31 | 13.13% |
| 2004-12-31 | 13.42% |
| 2004-09-30 | 11.84% |
| 2004-06-30 | 11.74% |
| 2004-03-31 | 12.17% |
| 2003-12-31 | 12.68% |
| 2003-09-30 | 14.16% |
| 2003-06-30 | 12.13% |
| 2003-03-31 | 10.51% |
| 2002-12-31 | 2.89% |
| 2002-09-30 | 18.37% |
