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 13% above its 5-year average of 24.87%, near the low end of its 5-year range (5.81%–241.86%).
As of the fiscal period ended Tuesday, June 30, 2026. 53.75% above its 12-month average of 18.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.20%
TAX RATE AVG TTM
18.34%
TAX RATE AVG 3Y
45.83%
TAX RATE AVG 5Y
24.87%
TAX RATE AVG 10Y
22.44%
TAX RATE AVG 15Y
23.31%
TAX RATE AVG 20Y
22.69%
CURRENT VS TTM AVG
+53.75%
CURRENT VS 3Y AVG
-38.47%
CURRENT VS 5Y AVG
+13.39%
CURRENT VS 10Y AVG
+25.65%
CURRENT VS 15Y AVG
+20.94%
CURRENT VS 20Y AVG
+24.26%
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 | 17.13% |
| 2025-09-30 | 5.81% |
| 2025-06-30 | 22.22% |
| 2024-12-31 | 241.86% |
| 2024-09-30 | 17.93% |
| 2024-06-30 | 40.54% |
| 2024-03-31 | 31.46% |
| 2023-09-30 | 28.68% |
| 2023-06-30 | 24.44% |
| 2023-03-31 | 23.31% |
| 2022-12-31 | 45.60% |
| 2022-09-30 | 27.91% |
| 2022-06-30 | 23.64% |
| 2022-03-31 | 16.85% |
| 2021-12-31 | 28.02% |
| 2021-09-30 | 23.60% |
| 2021-06-30 | 19.06% |
| 2021-03-31 | -0.26% |
| 2020-12-31 | -16.71% |
| 2020-09-30 | 58.65% |
| 2019-12-31 | -1.06% |
| 2019-09-30 | 17.33% |
| 2018-12-31 | -1.94% |
| 2018-09-30 | 22.02% |
| 2018-06-30 | 76.15% |
| 2018-03-31 | 25.23% |
| 2017-09-30 | 50.76% |
| 2017-06-30 | 25.08% |
| 2017-03-31 | 18.88% |
| 2016-09-30 | 24.89% |
| 2016-06-30 | 3.87% |
| 2016-03-31 | -66.67% |
| 2015-12-31 | 12.46% |
| 2015-09-30 | 30.39% |
| 2015-06-30 | 20.94% |
| 2015-03-31 | 31.11% |
| 2014-12-31 | 24.96% |
| 2014-09-30 | 28.17% |
| 2014-06-30 | 26.18% |
| 2014-03-31 | 28.50% |
| 2013-12-31 | 25.83% |
| 2013-09-30 | 25.22% |
| 2013-06-30 | 24.55% |
| 2013-03-31 | 47.78% |
| 2012-09-30 | 28.36% |
| 2012-06-30 | 24.80% |
| 2012-03-31 | 26.35% |
| 2011-12-31 | 76.55% |
| 2011-09-30 | 17.08% |
| 2011-06-30 | 18.22% |
| 2011-03-31 | 14.27% |
| 2010-12-31 | 20.59% |
| 2010-09-30 | 16.03% |
| 2010-06-30 | 16.58% |
| 2010-03-31 | 15.73% |
| 2009-12-31 | -18.67% |
| 2009-09-30 | 20.34% |
| 2008-09-30 | 29.03% |
| 2008-06-30 | 23.62% |
| 2008-03-31 | 23.66% |
| 2007-12-31 | -5.74% |
| 2007-09-30 | 60.74% |
| 2007-06-30 | 20.66% |
| 2007-03-31 | 25.13% |
| 2006-12-31 | 24.49% |
| 2006-09-30 | 20.45% |
| 2006-06-30 | 22.86% |
| 2006-03-31 | 23.66% |
| 2005-12-31 | 35.60% |
| 2005-09-30 | 28.57% |
| 2005-06-30 | 19.78% |
| 2005-03-31 | 27.01% |
| 2004-12-31 | 14.19% |
| 2004-09-30 | 24.88% |
| 2004-06-30 | 28.40% |
| 2004-03-31 | 29.02% |
| 2003-12-31 | -86.67% |
| 2003-09-30 | 26.35% |
| 2003-06-30 | 30.49% |
| 2003-03-31 | 31.54% |
| 2002-09-30 | 34.36% |