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 29.38% is 41% above its 5-year average of 20.89%, near the high end of its 5-year range (-96.71%–35.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.26% below its 12-month average of 30.37%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
29.38%
TAX RATE AVG TTM
30.37%
TAX RATE AVG 3Y
18.33%
TAX RATE AVG 5Y
20.89%
TAX RATE AVG 10Y
20.05%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-3.26%
CURRENT VS 3Y AVG
+60.24%
CURRENT VS 5Y AVG
+40.62%
CURRENT VS 10Y AVG
+46.51%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 29.38% |
| 2025-12-31 | 26.90% |
| 2025-06-30 | 34.83% |
| 2025-03-31 | 35.84% |
| 2024-12-31 | 34.32% |
| 2024-09-30 | 31.95% |
| 2024-06-30 | -0.69% |
| 2024-03-31 | -29.93% |
| 2023-12-31 | 11.60% |
| 2023-09-30 | 16.28% |
| 2023-06-30 | 11.19% |
| 2023-03-31 | -96.71% |
| 2022-12-31 | 18.29% |
| 2022-09-30 | 12.15% |
| 2022-06-30 | 24.26% |
| 2022-03-31 | -32.65% |
| 2021-12-31 | 24.72% |
| 2021-09-30 | 7.66% |
| 2021-06-30 | 15.59% |
| 2020-12-31 | 9.71% |
| 2020-09-30 | -119.12% |
| 2020-06-30 | -0.07% |
| 2019-12-31 | 27.16% |
| 2019-09-30 | 18.99% |
| 2019-06-30 | 33.37% |
| 2018-12-31 | 9.50% |
| 2018-09-30 | 17.96% |
| 2018-06-30 | 9.17% |
| 2018-03-31 | 38.56% |
| 2017-12-31 | -71.73% |
| 2017-09-30 | 17.85% |
| 2017-06-30 | -616.61% |
| 2017-03-31 | 4.76% |
| 2016-12-31 | 40.20% |
| 2016-03-31 | 43.39% |
| 2015-12-31 | 45.29% |
| 2015-03-31 | 46.74% |
