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 22.01% is in line with its 5-year average of 21.61%, near the high end of its 5-year range (8.19%–22.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.37% above its 12-month average of 20.69%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.01%
TAX RATE AVG TTM
20.69%
TAX RATE AVG 3Y
21.68%
TAX RATE AVG 5Y
21.61%
TAX RATE AVG 10Y
21.34%
TAX RATE AVG 15Y
21.34%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+6.37%
CURRENT VS 3Y AVG
+1.54%
CURRENT VS 5Y AVG
+1.85%
CURRENT VS 10Y AVG
+3.14%
CURRENT VS 15Y AVG
+3.14%
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 | 22.01% |
| 2026-03-31 | 18.18% |
| 2025-09-30 | 20.95% |
| 2025-06-30 | 21.63% |
| 2025-03-31 | 21.28% |
| 2024-12-31 | 8.19% |
| 2024-09-30 | 22.88% |
| 2024-06-30 | 21.99% |
| 2024-03-31 | 21.61% |
| 2023-12-31 | 20.71% |
| 2023-09-30 | 21.75% |
| 2023-06-30 | 21.97% |
| 2023-03-31 | 21.72% |
| 2022-12-31 | 20.25% |
| 2022-09-30 | 18.59% |
| 2022-06-30 | 21.58% |
| 2022-03-31 | 21.58% |
| 2021-12-31 | 20.98% |
| 2021-09-30 | 22.26% |
| 2021-06-30 | 22.27% |
| 2021-03-31 | 22.57% |
| 2019-09-30 | 20.82% |
| 2019-06-30 | 22.27% |
| 2019-03-31 | -330.00% |
| 2018-12-31 | 21.85% |
| 2018-09-30 | 20.96% |
| 2018-06-30 | -2.24% |
| 2018-03-31 | 20.90% |
| 2017-12-31 | -22.68% |
| 2017-09-30 | 1.03% |
| 2017-06-30 | 0.95% |
| 2017-03-31 | 1.37% |
| 2016-12-31 | -0.62% |
| 2015-03-31 | 34.36% |
| 2014-12-31 | 36.02% |
| 2014-09-30 | 34.94% |
| 2014-06-30 | 35.27% |
| 2014-03-31 | 36.57% |
| 2013-12-31 | 36.75% |
| 2013-09-30 | 38.40% |
| 2013-06-30 | 35.03% |
| 2013-03-31 | 36.95% |
| 2012-09-30 | 259.17% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 63.93% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 360.17% |
