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 20.16% is 19% below its 5-year average of 24.99%, near the low end of its 5-year range (10.46%–69.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.59% above its 12-month average of 19.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.16%
TAX RATE AVG TTM
19.27%
TAX RATE AVG 3Y
21.42%
TAX RATE AVG 5Y
22.19%
TAX RATE AVG 10Y
24.95%
TAX RATE AVG 15Y
24.13%
TAX RATE AVG 20Y
22.80%
CURRENT VS TTM AVG
+4.59%
CURRENT VS 3Y AVG
-5.89%
CURRENT VS 5Y AVG
-9.16%
CURRENT VS 10Y AVG
-19.20%
CURRENT VS 15Y AVG
-16.46%
CURRENT VS 20Y AVG
-11.57%
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 | 20.16% |
| 2025-12-31 | 19.43% |
| 2025-09-30 | 20.26% |
| 2025-06-30 | 17.25% |
| 2025-03-31 | 25.00% |
| 2024-12-31 | 29.87% |
| 2024-09-30 | 18.51% |
| 2024-06-30 | 26.40% |
| 2024-03-31 | 69.67% |
| 2023-12-31 | 10.46% |
| 2023-09-30 | 27.15% |
| 2023-06-30 | 21.15% |
| 2022-12-31 | 25.98% |
| 2022-09-30 | 27.75% |
| 2022-06-30 | 28.85% |
| 2021-09-30 | 20.89% |
| 2021-06-30 | 15.98% |
| 2019-12-31 | 21.46% |
| 2019-09-30 | 23.22% |
| 2019-06-30 | 24.33% |
| 2019-03-31 | 22.83% |
| 2018-12-31 | 24.22% |
| 2018-09-30 | 21.68% |
| 2018-06-30 | 25.25% |
| 2018-03-31 | 23.91% |
| 2017-12-31 | 47.52% |
| 2017-09-30 | 34.74% |
| 2017-06-30 | 35.23% |
| 2017-03-31 | 33.92% |
| 2016-12-31 | 34.66% |
| 2016-09-30 | 33.74% |
| 2016-06-30 | 34.21% |
| 2016-03-31 | 34.03% |
| 2015-12-31 | 36.07% |
| 2015-09-30 | 36.53% |
| 2015-06-30 | 37.24% |
| 2015-03-31 | 37.10% |
| 2014-09-30 | 38.34% |
| 2014-06-30 | 38.29% |
| 2014-03-31 | 36.42% |
| 2013-09-30 | -0.44% |
| 2013-06-30 | 0.15% |
| 2013-03-31 | -133.33% |
| 2012-12-31 | 45.45% |
| 2012-09-30 | 0.48% |
| 2012-03-31 | 2.36% |
| 2011-12-31 | -1.92% |
| 2011-09-30 | -0.37% |
| 2011-06-30 | -1.54% |
| 2010-12-31 | 5.00% |
| 2010-09-30 | 0.82% |
| 2010-06-30 | 0.21% |
| 2007-09-30 | 39.39% |
| 2007-06-30 | 5.85% |
| 2006-09-30 | -79.31% |
| 2003-06-30 | 38.87% |
