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 19.84% is in line with its 5-year average of 20.52%, around the middle of its 5-year range (9.03%–27.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.46% below its 12-month average of 23.47%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.84%
TAX RATE AVG TTM
23.47%
TAX RATE AVG 3Y
21.37%
TAX RATE AVG 5Y
20.52%
TAX RATE AVG 10Y
19.89%
TAX RATE AVG 15Y
21.99%
TAX RATE AVG 20Y
25.51%
CURRENT VS TTM AVG
-15.46%
CURRENT VS 3Y AVG
-7.15%
CURRENT VS 5Y AVG
-3.33%
CURRENT VS 10Y AVG
-0.24%
CURRENT VS 15Y AVG
-9.79%
CURRENT VS 20Y AVG
-22.22%
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 | 19.84% |
| 2026-03-31 | 27.71% |
| 2025-12-31 | 24.77% |
| 2025-09-30 | 24.01% |
| 2025-06-30 | 21.02% |
| 2025-03-31 | 21.21% |
| 2024-12-31 | 22.26% |
| 2024-09-30 | 22.46% |
| 2024-06-30 | 17.79% |
| 2024-03-31 | 20.70% |
| 2023-12-31 | 18.81% |
| 2023-09-30 | 14.18% |
| 2023-06-30 | 22.19% |
| 2023-03-31 | 18.06% |
| 2022-12-31 | 22.47% |
| 2022-09-30 | 22.92% |
| 2022-06-30 | 22.32% |
| 2022-03-31 | 21.16% |
| 2021-12-31 | 9.03% |
| 2021-09-30 | 12.45% |
| 2021-06-30 | 14.14% |
| 2019-09-30 | 28.42% |
| 2019-06-30 | 31.05% |
| 2018-12-31 | 22.57% |
| 2017-09-30 | 6.28% |
| 2017-06-30 | -2.42% |
| 2017-03-31 | 2.46% |
| 2016-12-31 | 14.67% |
| 2016-09-30 | 14.52% |
| 2014-12-31 | 230.24% |
| 2014-09-30 | 37.06% |
| 2014-06-30 | 54.95% |
| 2014-03-31 | 41.25% |
| 2013-12-31 | 56.42% |
| 2013-09-30 | 32.86% |
| 2013-06-30 | 31.49% |
| 2012-06-30 | 35.01% |
| 2012-03-31 | 32.24% |
| 2011-12-31 | 34.38% |
| 2011-09-30 | 32.38% |
| 2011-06-30 | 86.65% |
| 2011-03-31 | 32.93% |
| 2010-12-31 | 28.44% |
| 2010-09-30 | 38.63% |
| 2010-06-30 | 42.58% |
| 2010-03-31 | 32.37% |
| 2009-12-31 | 40.20% |
| 2009-09-30 | 18.90% |
| 2009-06-30 | 36.45% |
| 2008-09-30 | 32.82% |
| 2008-06-30 | 52.89% |
| 2008-03-31 | 27.02% |
| 2007-12-31 | 13.14% |
| 2007-09-30 | 32.99% |
| 2007-06-30 | 28.60% |
| 2007-03-31 | 31.50% |
| 2006-12-31 | 31.75% |
| 2006-09-30 | 28.32% |
| 2006-06-30 | 11.79% |
| 2006-03-31 | 33.70% |
| 2005-12-31 | 34.90% |
| 2005-09-30 | 34.68% |
| 2005-06-30 | 35.35% |
| 2005-03-31 | 38.34% |
| 2004-12-31 | 27.48% |
| 2004-09-30 | 36.72% |
| 2004-06-30 | 34.97% |
| 2004-03-31 | 36.34% |
| 2003-12-31 | -29.90% |
| 2003-09-30 | 33.33% |
| 2003-06-30 | 39.56% |
| 2003-03-31 | 32.26% |
| 2002-12-31 | -30.14% |
| 2002-09-30 | 25.33% |
