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 12.26% is 28% above its 5-year average of 9.61%, around the middle of its 5-year range (0.14%–17.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.93% below its 12-month average of 12.50%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.26%
TAX RATE AVG TTM
12.50%
TAX RATE AVG 3Y
11.48%
TAX RATE AVG 5Y
9.61%
TAX RATE AVG 10Y
10.71%
TAX RATE AVG 15Y
19.48%
TAX RATE AVG 20Y
22.47%
CURRENT VS TTM AVG
-1.93%
CURRENT VS 3Y AVG
+6.84%
CURRENT VS 5Y AVG
+27.62%
CURRENT VS 10Y AVG
+14.46%
CURRENT VS 15Y AVG
-37.07%
CURRENT VS 20Y AVG
-45.43%
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 | 12.26% |
| 2026-03-31 | 17.55% |
| 2025-12-31 | 11.34% |
| 2025-09-30 | 10.80% |
| 2025-06-30 | 10.56% |
| 2025-03-31 | 12.09% |
| 2024-12-31 | 8.15% |
| 2024-09-30 | 11.22% |
| 2024-06-30 | 13.07% |
| 2024-03-31 | 13.36% |
| 2023-12-31 | 9.71% |
| 2023-09-30 | 2.77% |
| 2023-06-30 | 13.68% |
| 2023-03-31 | 13.78% |
| 2022-12-31 | 5.54% |
| 2022-09-30 | 10.08% |
| 2022-06-30 | 11.26% |
| 2022-03-31 | 2.91% |
| 2021-12-31 | 0.14% |
| 2021-09-30 | 6.59% |
| 2021-06-30 | 4.90% |
| 2021-03-31 | 8.20% |
| 2020-09-30 | 7.84% |
| 2020-03-31 | 13.34% |
| 2019-12-31 | 13.40% |
| 2019-09-30 | 12.44% |
| 2019-06-30 | 15.86% |
| 2019-03-31 | 9.62% |
| 2018-12-31 | -0.23% |
| 2018-09-30 | 13.66% |
| 2018-06-30 | 16.47% |
| 2018-03-31 | 22.54% |
| 2017-12-31 | 18.59% |
| 2017-09-30 | 27.55% |
| 2017-06-30 | 32.12% |
| 2017-03-31 | 32.42% |
| 2016-12-31 | 37.25% |
| 2016-09-30 | 33.97% |
| 2016-06-30 | 28.85% |
| 2016-03-31 | 30.40% |
| 2015-12-31 | 29.24% |
| 2015-09-30 | 30.88% |
| 2015-06-30 | 35.61% |
| 2015-03-31 | 31.93% |
| 2014-12-31 | 85.71% |
| 2014-09-30 | 34.05% |
| 2014-06-30 | 27.98% |
| 2014-03-31 | 31.13% |
| 2013-12-31 | 31.06% |
| 2013-09-30 | 30.90% |
| 2013-06-30 | 33.61% |
| 2013-03-31 | 34.23% |
| 2012-12-31 | 25.64% |
| 2012-09-30 | 29.45% |
| 2012-06-30 | 32.28% |
| 2012-03-31 | 25.75% |
| 2011-12-31 | 29.10% |
| 2011-09-30 | 30.72% |
| 2011-06-30 | 30.33% |
| 2011-03-31 | 31.23% |
| 2010-12-31 | 36.65% |
| 2010-09-30 | 31.13% |
| 2010-03-31 | 33.68% |
| 2009-12-31 | 31.98% |
| 2009-09-30 | 69.52% |
| 2009-06-30 | 38.39% |
| 2009-03-31 | 34.10% |
| 2008-12-31 | 26.61% |
| 2008-09-30 | 38.15% |
| 2008-06-30 | 33.20% |
| 2008-03-31 | 32.36% |
| 2007-12-31 | 50.57% |
| 2007-09-30 | 36.45% |
| 2007-06-30 | 36.02% |
| 2007-03-31 | 30.62% |
| 2006-12-31 | -3.25% |
| 2006-09-30 | 39.19% |
| 2006-06-30 | 20.65% |
| 2006-03-31 | 34.73% |
| 2005-12-31 | 30.87% |
| 2005-09-30 | 34.51% |
| 2005-06-30 | 32.37% |
| 2005-03-31 | 34.40% |
| 2004-12-31 | 40.40% |
| 2004-09-30 | 27.84% |
| 2004-06-30 | 24.81% |
| 2004-03-31 | 33.67% |
| 2003-06-30 | 32.72% |
| 2003-03-31 | 33.22% |
| 2002-12-31 | 198.11% |
| 2002-09-30 | 31.95% |
