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 24.94% is in line with its 5-year average of 23.42%, near the high end of its 5-year range (-153.95%–31.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 289.13% above its 12-month average of -13.18%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.94%
TAX RATE AVG TTM
-13.18%
TAX RATE AVG 3Y
23.64%
TAX RATE AVG 5Y
23.42%
TAX RATE AVG 10Y
23.74%
TAX RATE AVG 15Y
29.65%
TAX RATE AVG 20Y
31.02%
CURRENT VS TTM AVG
+289.13%
CURRENT VS 3Y AVG
+5.49%
CURRENT VS 5Y AVG
+6.45%
CURRENT VS 10Y AVG
+5.04%
CURRENT VS 15Y AVG
-15.91%
CURRENT VS 20Y AVG
-19.62%
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 | 24.94% |
| 2026-03-31 | 23.61% |
| 2025-12-31 | -153.95% |
| 2025-09-30 | 15.58% |
| 2025-06-30 | 23.91% |
| 2025-03-31 | 21.92% |
| 2024-12-31 | 31.85% |
| 2024-09-30 | 26.58% |
| 2024-06-30 | 22.94% |
| 2024-03-31 | 23.48% |
| 2023-12-31 | 16.98% |
| 2023-09-30 | 21.40% |
| 2023-06-30 | 23.97% |
| 2023-03-31 | 23.48% |
| 2022-12-31 | 16.08% |
| 2022-09-30 | 24.87% |
| 2022-06-30 | 23.00% |
| 2022-03-31 | 22.85% |
| 2021-12-31 | 19.64% |
| 2021-09-30 | 24.75% |
| 2021-06-30 | 23.46% |
| 2021-03-31 | 23.39% |
| 2020-12-31 | 9.82% |
| 2020-09-30 | 42.93% |
| 2020-06-30 | 27.72% |
| 2020-03-31 | 27.09% |
| 2019-12-31 | 14.94% |
| 2019-09-30 | 20.55% |
| 2019-06-30 | 21.61% |
| 2019-03-31 | 20.26% |
| 2018-12-31 | 21.73% |
| 2018-09-30 | 22.71% |
| 2018-06-30 | 29.94% |
| 2018-03-31 | 26.28% |
| 2017-12-31 | -890.90% |
| 2017-09-30 | 33.25% |
| 2017-06-30 | 29.06% |
| 2017-03-31 | 33.34% |
| 2016-12-31 | 44.06% |
| 2016-09-30 | 45.64% |
| 2016-06-30 | 46.10% |
| 2016-03-31 | 46.42% |
| 2015-12-31 | 51.67% |
| 2015-09-30 | 42.03% |
| 2015-06-30 | 44.86% |
| 2015-03-31 | 44.86% |
| 2014-12-31 | 42.88% |
| 2014-09-30 | 41.97% |
| 2014-06-30 | 42.15% |
| 2014-03-31 | 38.82% |
| 2013-12-31 | 36.32% |
| 2013-09-30 | 25.68% |
| 2013-06-30 | 33.84% |
| 2013-03-31 | 31.98% |
| 2012-12-31 | 3.57% |
| 2012-09-30 | 32.61% |
| 2012-06-30 | 38.62% |
| 2012-03-31 | 34.61% |
| 2011-12-31 | 29.88% |
| 2011-09-30 | 34.63% |
| 2011-06-30 | 30.36% |
| 2011-03-31 | 35.07% |
| 2010-12-31 | 27.03% |
| 2010-09-30 | 34.98% |
| 2010-06-30 | 36.05% |
| 2010-03-31 | 34.34% |
| 2009-12-31 | 36.82% |
| 2009-09-30 | 34.64% |
| 2009-06-30 | 34.11% |
| 2009-03-31 | 35.05% |
| 2008-12-31 | 34.74% |
| 2008-09-30 | -49.38% |
| 2008-06-30 | 36.72% |
| 2008-03-31 | 33.11% |
| 2007-12-31 | 35.05% |
| 2007-09-30 | 36.71% |
| 2007-06-30 | 36.60% |
| 2007-03-31 | 37.17% |
| 2006-12-31 | 37.60% |
| 2006-09-30 | 35.37% |
| 2006-06-30 | 37.57% |
| 2006-03-31 | 37.60% |
| 2005-12-31 | 37.39% |
| 2005-09-30 | 37.39% |
| 2005-06-30 | 37.61% |
| 2005-03-31 | 34.15% |
| 2004-12-31 | 41.96% |
| 2004-09-30 | 34.99% |
| 2004-06-30 | 34.39% |
| 2004-03-31 | 24.38% |
| 2003-12-31 | 36.09% |
| 2003-09-30 | 36.14% |
| 2003-06-30 | 35.86% |
| 2003-03-31 | 36.30% |
| 2002-12-31 | 35.75% |
| 2002-09-30 | 24.80% |