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 24.43% is in line with its 5-year average of 25.20%, around the middle of its 5-year range (12.21%–31.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.18% below its 12-month average of 24.48%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.43%
TAX RATE AVG TTM
24.48%
TAX RATE AVG 3Y
25.21%
TAX RATE AVG 5Y
25.61%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-0.18%
CURRENT VS 3Y AVG
-3.09%
CURRENT VS 5Y AVG
-4.62%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
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 | 24.43% |
| 2026-03-31 | 25.85% |
| 2025-12-31 | 23.29% |
| 2025-09-30 | 23.78% |
| 2025-06-30 | 25.03% |
| 2025-03-31 | 25.32% |
| 2024-12-31 | 24.66% |
| 2024-09-30 | 25.25% |
| 2024-06-30 | 29.05% |
| 2024-03-31 | 26.74% |
| 2023-12-31 | 12.21% |
| 2023-09-30 | 26.02% |
| 2023-06-30 | 26.93% |
| 2022-12-31 | 26.54% |
| 2022-09-30 | 27.46% |
| 2022-06-30 | 31.10% |
| 2022-03-31 | 25.64% |
| 2021-09-30 | 25.63% |
| 2021-06-30 | 23.81% |
| 2021-03-31 | 25.19% |
| 2020-12-31 | 24.34% |
| 2020-09-30 | 24.48% |
| 2020-06-30 | 27.50% |
| 2020-03-31 | 37.93% |
| 2019-12-31 | 25.06% |
| 2019-09-30 | 26.71% |
| 2019-06-30 | 29.12% |
| 2019-03-31 | 23.65% |
| 2018-12-31 | 22.58% |
| 2018-09-30 | 25.99% |
| 2018-06-30 | 19.06% |
| 2018-03-31 | 28.75% |
| 2017-12-31 | -182.69% |
| 2017-09-30 | 34.53% |
