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 25.08% is in line with its 5-year average of 23.49%, near the high end of its 5-year range (20.21%–25.47%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.33% above its 12-month average of 24.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.08%
TAX RATE AVG TTM
24.51%
TAX RATE AVG 3Y
23.97%
TAX RATE AVG 5Y
23.79%
TAX RATE AVG 10Y
23.42%
TAX RATE AVG 15Y
26.54%
TAX RATE AVG 20Y
26.98%
CURRENT VS TTM AVG
+2.33%
CURRENT VS 3Y AVG
+4.62%
CURRENT VS 5Y AVG
+5.43%
CURRENT VS 10Y AVG
+7.09%
CURRENT VS 15Y AVG
-5.50%
CURRENT VS 20Y AVG
-7.04%
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 | 25.08% |
| 2026-03-31 | 24.14% |
| 2025-12-31 | 25.47% |
| 2025-09-30 | 23.90% |
| 2025-06-30 | 23.93% |
| 2025-03-31 | 23.24% |
| 2024-12-31 | 23.25% |
| 2024-09-30 | 23.97% |
| 2024-06-30 | 24.02% |
| 2024-03-31 | 22.56% |
| 2023-12-31 | 23.39% |
| 2023-09-30 | 24.41% |
| 2023-06-30 | 24.23% |
| 2023-03-31 | 23.75% |
| 2022-12-31 | 23.59% |
| 2022-09-30 | 20.21% |
| 2022-06-30 | 24.00% |
| 2022-03-31 | 23.42% |
| 2021-12-31 | 23.48% |
| 2021-09-30 | 22.07% |
| 2021-06-30 | 21.13% |
| 2021-03-31 | 20.85% |
| 2020-12-31 | 23.12% |
| 2020-09-30 | 21.30% |
| 2020-06-30 | 19.11% |
| 2020-03-31 | 22.10% |
| 2019-12-31 | 17.35% |
| 2019-09-30 | 23.66% |
| 2019-06-30 | 24.43% |
| 2019-03-31 | 23.42% |
| 2018-12-31 | 23.69% |
| 2018-09-30 | 22.84% |
| 2018-06-30 | 26.37% |
| 2018-03-31 | 21.13% |
| 2017-12-31 | 51.74% |
| 2017-09-30 | 35.49% |
| 2017-06-30 | 34.98% |
| 2017-03-31 | 35.24% |
| 2016-12-31 | 34.96% |
| 2016-09-30 | 34.50% |
| 2016-06-30 | 34.02% |
| 2016-03-31 | 35.07% |
| 2015-12-31 | 34.65% |
| 2015-09-30 | 29.49% |
| 2015-06-30 | 33.67% |
| 2015-03-31 | 35.72% |
| 2014-12-31 | 35.43% |
| 2014-09-30 | 33.69% |
| 2014-06-30 | 34.17% |
| 2014-03-31 | 35.12% |
| 2013-12-31 | 35.06% |
| 2013-09-30 | 31.21% |
| 2013-06-30 | 28.82% |
| 2013-03-31 | 21.89% |
| 2012-12-31 | 38.55% |
| 2012-09-30 | -0.91% |
| 2012-06-30 | -991.14% |
| 2012-03-31 | 3.78% |
| 2011-12-31 | 5.14% |
| 2011-09-30 | -5.33% |
| 2011-06-30 | 1.04% |
| 2010-06-30 | -9.07% |
| 2010-03-31 | 5.79% |
| 2009-12-31 | -348.60% |
| 2007-03-31 | 38.01% |
| 2006-12-31 | 37.99% |
| 2006-09-30 | 37.71% |
| 2006-06-30 | 37.99% |
| 2006-03-31 | 38.00% |
| 2005-12-31 | 37.99% |
| 2005-09-30 | 37.66% |
| 2005-06-30 | 38.50% |
| 2005-03-31 | 38.49% |
| 2004-12-31 | 38.49% |
| 2004-09-30 | 38.21% |
| 2004-06-30 | 38.50% |
| 2004-03-31 | 38.50% |
| 2003-12-31 | 38.50% |
| 2003-09-30 | 38.00% |
| 2003-06-30 | 38.00% |
| 2003-03-31 | 38.00% |
| 2002-12-31 | 37.50% |
| 2002-09-30 | 37.50% |
