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 20.00% is 63% above its 5-year average of 12.24%, around the middle of its 5-year range (-1.65%–31.19%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.50% above its 12-month average of 17.17%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.00%
TAX RATE AVG TTM
17.17%
TAX RATE AVG 3Y
13.35%
TAX RATE AVG 5Y
12.24%
TAX RATE AVG 10Y
17.14%
TAX RATE AVG 15Y
22.89%
TAX RATE AVG 20Y
26.22%
CURRENT VS TTM AVG
+16.50%
CURRENT VS 3Y AVG
+49.83%
CURRENT VS 5Y AVG
+63.41%
CURRENT VS 10Y AVG
+16.71%
CURRENT VS 15Y AVG
-12.64%
CURRENT VS 20Y AVG
-23.73%
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 | 20.00% |
| 2026-03-31 | 17.87% |
| 2025-12-31 | 17.73% |
| 2025-09-30 | 15.05% |
| 2025-06-30 | 15.18% |
| 2025-03-31 | 15.77% |
| 2024-12-31 | 7.04% |
| 2024-09-30 | 6.61% |
| 2024-06-30 | 9.31% |
| 2024-03-31 | 8.74% |
| 2023-12-31 | 13.95% |
| 2023-09-30 | 8.74% |
| 2023-06-30 | 17.55% |
| 2023-03-31 | 16.69% |
| 2022-12-31 | -1.65% |
| 2022-09-30 | 11.98% |
| 2022-06-30 | 9.00% |
| 2022-03-31 | 31.19% |
| 2021-12-31 | 27.20% |
| 2021-09-30 | 7.11% |
| 2021-06-30 | 0.91% |
| 2021-03-31 | 6.91% |
| 2020-12-31 | 34.73% |
| 2020-09-30 | 27.48% |
| 2020-06-30 | 27.58% |
| 2020-03-31 | -342.35% |
| 2019-12-31 | 15.48% |
| 2019-09-30 | 15.61% |
| 2019-06-30 | 22.36% |
| 2019-03-31 | 24.18% |
| 2018-09-30 | 14.47% |
| 2018-06-30 | 10.77% |
| 2018-03-31 | 8.40% |
| 2017-12-31 | -58.78% |
| 2017-09-30 | 34.09% |
| 2017-06-30 | -151.22% |
| 2017-03-31 | 17.70% |
| 2016-12-31 | 34.69% |
| 2016-09-30 | 39.04% |
| 2016-06-30 | 24.58% |
| 2016-03-31 | 59.35% |
| 2015-12-31 | 47.60% |
| 2015-09-30 | 16.36% |
| 2015-06-30 | 33.99% |
| 2015-03-31 | 32.97% |
| 2014-12-31 | 17.39% |
| 2014-09-30 | 28.21% |
| 2014-06-30 | 33.21% |
| 2014-03-31 | -138.46% |
| 2013-12-31 | 38.63% |
| 2013-09-30 | 37.36% |
| 2013-06-30 | 32.47% |
| 2013-03-31 | 98.25% |
| 2012-12-31 | 32.16% |
| 2012-09-30 | 35.15% |
| 2012-06-30 | 30.36% |
| 2012-03-31 | 44.13% |
| 2011-12-31 | 41.11% |
| 2011-09-30 | 29.75% |
| 2011-06-30 | 34.84% |
| 2011-03-31 | 40.00% |
| 2010-12-31 | 41.19% |
| 2010-09-30 | 39.51% |
| 2010-06-30 | 28.34% |
| 2010-03-31 | 42.91% |
| 2009-12-31 | 39.14% |
| 2009-09-30 | 44.13% |
| 2009-06-30 | 39.56% |
| 2009-03-31 | 30.40% |
| 2008-12-31 | 30.07% |
| 2008-09-30 | 33.08% |
| 2008-06-30 | 35.87% |
| 2008-03-31 | 30.75% |
| 2007-12-31 | 37.58% |
| 2007-09-30 | 37.08% |
| 2007-06-30 | 30.88% |
| 2007-03-31 | 32.91% |
| 2006-12-31 | 31.84% |
| 2006-09-30 | 114.02% |
| 2006-06-30 | 36.16% |
| 2006-03-31 | 33.50% |
| 2005-09-30 | 32.21% |
| 2005-06-30 | 28.59% |
| 2005-03-31 | 30.93% |
| 2004-12-31 | 9.02% |
| 2004-09-30 | 32.59% |
| 2004-06-30 | 30.72% |
| 2004-03-31 | 28.60% |
| 2003-12-31 | 21.04% |
| 2003-06-30 | 37.37% |
| 2003-03-31 | 37.28% |
| 2002-12-31 | 40.83% |
| 2002-09-30 | 35.02% |