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 21.36% is 19% below its 5-year average of 26.50%, near the low end of its 5-year range (4.29%–100.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 35.42% above its 12-month average of 15.77%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.36%
TAX RATE AVG TTM
15.77%
TAX RATE AVG 3Y
23.89%
TAX RATE AVG 5Y
26.50%
TAX RATE AVG 10Y
26.84%
TAX RATE AVG 15Y
29.51%
TAX RATE AVG 20Y
31.58%
CURRENT VS TTM AVG
+35.42%
CURRENT VS 3Y AVG
-10.62%
CURRENT VS 5Y AVG
-19.41%
CURRENT VS 10Y AVG
-20.44%
CURRENT VS 15Y AVG
-27.63%
CURRENT VS 20Y AVG
-32.37%
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 | 21.36% |
| 2026-03-31 | 4.29% |
| 2025-12-31 | 14.24% |
| 2025-09-30 | 23.20% |
| 2025-03-31 | 50.94% |
| 2024-12-31 | 32.45% |
| 2024-09-30 | 30.42% |
| 2024-06-30 | 26.77% |
| 2024-03-31 | 100.00% |
| 2023-12-31 | 19.23% |
| 2023-09-30 | 21.94% |
| 2023-06-30 | 25.44% |
| 2023-03-31 | 27.82% |
| 2022-12-31 | 49.08% |
| 2022-09-30 | 31.48% |
| 2022-06-30 | 21.57% |
| 2022-03-31 | 30.86% |
| 2021-12-31 | 30.05% |
| 2021-09-30 | 20.30% |
| 2021-06-30 | 46.89% |
| 2020-12-31 | 1.92% |
| 2020-09-30 | 84.62% |
| 2020-06-30 | 16.00% |
| 2019-09-30 | 23.53% |
| 2019-06-30 | 20.51% |
| 2019-03-31 | 17.68% |
| 2018-12-31 | 21.46% |
| 2018-09-30 | 18.50% |
| 2018-06-30 | 18.96% |
| 2018-03-31 | 15.18% |
| 2017-12-31 | -160.50% |
| 2017-09-30 | 42.02% |
| 2017-06-30 | 48.06% |
| 2017-03-31 | 35.43% |
| 2016-12-31 | 35.14% |
| 2016-09-30 | 35.03% |
| 2016-06-30 | 34.92% |
| 2016-03-31 | 34.44% |
| 2015-12-31 | 36.75% |
| 2015-09-30 | 35.46% |
| 2015-06-30 | 38.71% |
| 2015-03-31 | 32.95% |
| 2014-12-31 | 32.59% |
| 2014-09-30 | 31.19% |
| 2014-06-30 | 30.16% |
| 2014-03-31 | 33.21% |
| 2013-12-31 | 52.92% |
| 2013-09-30 | 34.94% |
| 2013-06-30 | 29.99% |
| 2013-03-31 | 32.91% |
| 2012-12-31 | 33.96% |
| 2012-09-30 | 33.99% |
| 2012-06-30 | 29.11% |
| 2012-03-31 | 33.54% |
| 2011-12-31 | 31.55% |
| 2011-09-30 | 30.49% |
| 2011-06-30 | 31.92% |
| 2011-03-31 | 35.05% |
| 2010-12-31 | 30.55% |
| 2010-09-30 | 36.21% |
| 2010-06-30 | 36.86% |
| 2010-03-31 | 36.97% |
| 2009-09-30 | 34.30% |
| 2009-06-30 | 34.36% |
| 2009-03-31 | 34.34% |
| 2008-12-31 | 32.41% |
| 2008-09-30 | 36.99% |
| 2008-06-30 | 19.53% |
| 2008-03-31 | 23.57% |
| 2007-12-31 | 37.00% |
| 2007-09-30 | 36.09% |
| 2007-06-30 | 37.66% |
| 2007-03-31 | 39.49% |
| 2006-12-31 | 37.09% |
| 2006-09-30 | 37.99% |
| 2006-06-30 | 38.30% |
| 2006-03-31 | 38.30% |
| 2005-12-31 | 38.67% |
| 2005-09-30 | -20.16% |
| 2005-06-30 | 38.48% |
| 2005-03-31 | 38.40% |
| 2004-12-31 | 40.07% |
| 2004-09-30 | 37.00% |
| 2004-06-30 | 33.08% |
| 2004-03-31 | 31.60% |
| 2003-12-31 | 36.52% |
| 2003-09-30 | 37.25% |
| 2003-06-30 | 37.25% |
| 2003-03-31 | 37.25% |
| 2002-12-31 | 38.25% |
| 2002-09-30 | 38.63% |