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 16.99% is 28% below its 5-year average of 23.68%, around the middle of its 5-year range (-10.21%–39.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 24.35% above its 12-month average of 13.67%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.99%
TAX RATE AVG TTM
13.67%
TAX RATE AVG 3Y
21.30%
TAX RATE AVG 5Y
23.68%
TAX RATE AVG 10Y
21.92%
TAX RATE AVG 15Y
19.99%
TAX RATE AVG 20Y
20.08%
CURRENT VS TTM AVG
+24.35%
CURRENT VS 3Y AVG
-20.23%
CURRENT VS 5Y AVG
-28.25%
CURRENT VS 10Y AVG
-22.49%
CURRENT VS 15Y AVG
-14.99%
CURRENT VS 20Y AVG
-15.37%
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 | 16.99% |
| 2026-03-31 | 17.15% |
| 2025-12-31 | 15.73% |
| 2025-09-30 | -4.19% |
| 2025-06-30 | 22.64% |
| 2025-03-31 | 20.35% |
| 2024-12-31 | -10.21% |
| 2024-09-30 | 20.20% |
| 2024-06-30 | 31.10% |
| 2024-03-31 | 18.10% |
| 2023-12-31 | 29.39% |
| 2023-09-30 | 21.37% |
| 2023-06-30 | 39.65% |
| 2023-03-31 | 22.05% |
| 2022-12-31 | 19.06% |
| 2021-09-30 | 34.79% |
| 2021-06-30 | 26.68% |
| 2021-03-31 | 21.55% |
| 2020-12-31 | 29.58% |
| 2020-09-30 | 19.97% |
| 2020-06-30 | 27.09% |
| 2020-03-31 | 23.85% |
| 2019-12-31 | 11.99% |
| 2019-09-30 | 21.05% |
| 2019-06-30 | 21.10% |
| 2019-03-31 | 21.46% |
| 2018-12-31 | -47.87% |
| 2018-09-30 | 24.05% |
| 2018-06-30 | 9.76% |
| 2018-03-31 | 25.59% |
| 2017-12-31 | 562.92% |
| 2017-09-30 | 25.07% |
| 2017-06-30 | 93.72% |
| 2017-03-31 | -85.48% |
| 2016-12-31 | -196.81% |
| 2016-09-30 | 21.58% |
| 2016-06-30 | 16.44% |
| 2016-03-31 | 18.44% |
| 2015-12-31 | 19.54% |
| 2015-09-30 | 18.05% |
| 2015-06-30 | 22.10% |
| 2015-03-31 | 16.70% |
| 2014-12-31 | 2.94% |
| 2014-09-30 | 16.97% |
| 2014-06-30 | 16.67% |
| 2014-03-31 | 366.44% |
| 2013-12-31 | 17.32% |
| 2013-09-30 | 21.08% |
| 2013-06-30 | 15.34% |
| 2013-03-31 | 16.32% |
| 2012-12-31 | 14.48% |
| 2012-09-30 | 11.16% |
| 2012-06-30 | 18.68% |
| 2012-03-31 | 16.67% |
| 2011-12-31 | 18.71% |
| 2011-09-30 | 20.29% |
| 2011-06-30 | 2.75% |
| 2011-03-31 | 16.20% |
| 2010-12-31 | 4.80% |
| 2010-09-30 | 16.45% |
| 2010-06-30 | 17.46% |
| 2010-03-31 | 19.61% |
| 2009-12-31 | 14.94% |
| 2009-09-30 | 20.21% |
| 2009-06-30 | 19.60% |
| 2009-03-31 | 19.00% |
| 2008-12-31 | 22.41% |
| 2008-09-30 | 12.52% |
| 2008-06-30 | 18.97% |
| 2008-03-31 | 20.67% |
| 2007-12-31 | 20.94% |
| 2007-06-30 | 23.01% |
| 2007-03-31 | 23.54% |
| 2006-12-31 | 28.36% |
| 2006-09-30 | 26.02% |
| 2006-06-30 | 25.62% |
| 2006-03-31 | 28.58% |
| 2005-12-31 | 29.32% |
| 2005-09-30 | 34.11% |
| 2005-06-30 | 29.07% |
| 2005-03-31 | 28.06% |
| 2004-12-31 | 31.80% |
| 2004-09-30 | 30.49% |
| 2004-06-30 | 29.75% |
| 2004-03-31 | 29.79% |
| 2003-12-31 | 31.69% |
| 2003-09-30 | 31.68% |
| 2003-06-30 | 29.74% |
| 2003-03-31 | 31.51% |
| 2002-12-31 | 35.47% |
| 2002-09-30 | 35.67% |
