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 7.95% is 51% below its 5-year average of 16.30%, near the low end of its 5-year range (4.93%–25.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 44.28% below its 12-month average of 14.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
7.95%
TAX RATE AVG TTM
14.27%
TAX RATE AVG 3Y
16.16%
TAX RATE AVG 5Y
16.30%
TAX RATE AVG 10Y
19.91%
TAX RATE AVG 15Y
25.37%
TAX RATE AVG 20Y
27.98%
CURRENT VS TTM AVG
-44.28%
CURRENT VS 3Y AVG
-50.78%
CURRENT VS 5Y AVG
-51.21%
CURRENT VS 10Y AVG
-60.05%
CURRENT VS 15Y AVG
-68.64%
CURRENT VS 20Y AVG
-71.58%
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 | 7.95% |
| 2026-03-31 | 21.91% |
| 2025-12-31 | 19.23% |
| 2025-09-30 | 11.43% |
| 2025-06-30 | 10.85% |
| 2025-03-31 | 14.99% |
| 2024-12-31 | 20.38% |
| 2024-09-30 | 18.78% |
| 2024-06-30 | 16.05% |
| 2024-03-31 | 18.44% |
| 2023-12-31 | 20.65% |
| 2023-09-30 | 12.98% |
| 2023-06-30 | 16.43% |
| 2023-03-31 | 25.14% |
| 2022-12-31 | 24.51% |
| 2022-09-30 | 10.40% |
| 2022-06-30 | 18.00% |
| 2022-03-31 | 22.66% |
| 2021-12-31 | 16.26% |
| 2021-09-30 | 10.35% |
| 2021-06-30 | 4.93% |
| 2021-03-31 | 17.04% |
| 2020-12-31 | 25.10% |
| 2020-09-30 | 20.36% |
| 2020-06-30 | 20.38% |
| 2020-03-31 | 26.54% |
| 2019-12-31 | 22.76% |
| 2019-09-30 | 19.71% |
| 2019-06-30 | 20.06% |
| 2019-03-31 | 22.73% |
| 2018-12-31 | 20.81% |
| 2018-09-30 | 16.56% |
| 2018-06-30 | 20.41% |
| 2018-03-31 | 24.98% |
| 2017-12-31 | 38.65% |
| 2017-09-30 | 11.78% |
| 2017-06-30 | 31.09% |
| 2017-03-31 | 33.39% |
| 2016-12-31 | 32.75% |
| 2016-09-30 | 33.13% |
| 2016-06-30 | 34.36% |
| 2016-03-31 | 34.46% |
| 2015-12-31 | 32.08% |
| 2015-09-30 | 35.08% |
| 2015-06-30 | 33.85% |
| 2015-03-31 | 37.02% |
| 2014-12-31 | 33.97% |
| 2014-09-30 | 37.24% |
| 2014-06-30 | 37.56% |
| 2014-03-31 | 37.20% |
| 2013-12-31 | 37.79% |
| 2013-09-30 | 39.46% |
| 2013-06-30 | 36.25% |
| 2013-03-31 | 32.96% |
| 2012-12-31 | 37.19% |
| 2012-09-30 | 39.94% |
| 2012-06-30 | 35.25% |
| 2012-03-31 | 35.31% |
| 2011-12-31 | 34.59% |
| 2011-09-30 | 34.62% |
| 2011-06-30 | 30.62% |
| 2011-03-31 | 34.45% |
| 2010-12-31 | 32.45% |
| 2010-09-30 | 36.84% |
| 2010-06-30 | 36.42% |
| 2010-03-31 | 36.44% |
| 2009-12-31 | 35.53% |
| 2009-09-30 | 32.22% |
| 2009-06-30 | 33.66% |
| 2009-03-31 | 25.28% |
| 2008-12-31 | 28.78% |
| 2008-09-30 | 32.37% |
| 2008-06-30 | 38.09% |
| 2008-03-31 | 38.99% |
| 2007-12-31 | 39.09% |
| 2007-09-30 | 51.06% |
| 2007-06-30 | 37.61% |
| 2007-03-31 | 39.33% |
| 2006-12-31 | 33.32% |
| 2006-09-30 | 39.59% |
| 2006-06-30 | 37.89% |
| 2006-03-31 | 38.49% |
| 2005-12-31 | 38.50% |
| 2005-09-30 | 33.25% |
| 2005-06-30 | 39.57% |
| 2005-03-31 | 36.64% |
| 2004-12-31 | 37.00% |
| 2004-09-30 | -46.91% |
| 2004-06-30 | 4.47% |
| 2004-03-31 | 6.29% |
| 2003-12-31 | 9.48% |
| 2003-09-30 | 18.49% |
| 2003-06-30 | 9.80% |
| 2003-03-31 | 18.42% |
| 2002-12-31 | 28.77% |
