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 16.35% is 78% below its 5-year average of 74.08%, around the middle of its 5-year range (-328.23%–387.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.84% below its 12-month average of 20.40%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.35%
TAX RATE AVG TTM
20.40%
TAX RATE AVG 3Y
58.92%
TAX RATE AVG 5Y
74.08%
TAX RATE AVG 10Y
43.57%
TAX RATE AVG 15Y
44.35%
TAX RATE AVG 20Y
56.83%
CURRENT VS TTM AVG
-19.84%
CURRENT VS 3Y AVG
-72.25%
CURRENT VS 5Y AVG
-77.93%
CURRENT VS 10Y AVG
-62.47%
CURRENT VS 15Y AVG
-63.13%
CURRENT VS 20Y AVG
-71.23%
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 | 16.35% |
| 2026-03-31 | 24.45% |
| 2024-03-31 | 128.16% |
| 2023-12-31 | -328.23% |
| 2023-09-30 | 387.41% |
| 2023-06-30 | 125.37% |
| 2023-03-31 | 48.67% |
| 2022-12-31 | 39.49% |
| 2022-09-30 | 186.15% |
| 2022-03-31 | 38.29% |
| 2021-12-31 | 108.52% |
| 2021-06-30 | 25.36% |
| 2021-03-31 | 23.67% |
| 2020-12-31 | -35.09% |
| 2020-09-30 | 71.85% |
| 2018-03-31 | -89.49% |
| 2017-12-31 | -43.80% |
| 2017-09-30 | 27.19% |
| 2017-06-30 | 112.70% |
| 2017-03-31 | -33.02% |
| 2016-09-30 | 26.73% |
| 2016-06-30 | 69.87% |
| 2016-03-31 | 41.70% |
| 2015-06-30 | 192.32% |
| 2015-03-31 | 75.49% |
| 2014-03-31 | 14.20% |
| 2013-09-30 | 24.87% |
| 2013-06-30 | 112.69% |
| 2013-03-31 | 23.00% |
| 2012-12-31 | 14.29% |
| 2012-09-30 | 99.72% |
| 2012-06-30 | 37.49% |
| 2012-03-31 | 21.42% |
| 2011-09-30 | 65.39% |
| 2011-06-30 | 25.40% |
| 2011-03-31 | 90.56% |
| 2010-12-31 | 40.34% |
| 2010-09-30 | 94.37% |
| 2010-06-30 | 127.78% |
| 2010-03-31 | 48.60% |
| 2009-12-31 | 56.71% |
| 2006-12-31 | 195.38% |
| 2006-09-30 | 306.67% |
