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 15.97% is 55% above its 5-year average of 10.29%, near the high end of its 5-year range (-6.22%–23.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.22% below its 12-month average of 18.40%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.97%
TAX RATE AVG TTM
18.40%
TAX RATE AVG 3Y
16.56%
TAX RATE AVG 5Y
10.29%
TAX RATE AVG 10Y
10.78%
TAX RATE AVG 15Y
20.19%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-13.22%
CURRENT VS 3Y AVG
-3.56%
CURRENT VS 5Y AVG
+55.22%
CURRENT VS 10Y AVG
+48.16%
CURRENT VS 15Y AVG
-20.93%
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 | 15.97% |
| 2026-03-31 | 18.58% |
| 2025-12-31 | 22.25% |
| 2025-09-30 | 20.30% |
| 2025-06-30 | 14.91% |
| 2025-03-31 | 18.21% |
| 2024-12-31 | 14.15% |
| 2024-09-30 | 13.07% |
| 2024-06-30 | 16.77% |
| 2024-03-31 | 11.66% |
| 2023-12-31 | 23.44% |
| 2023-09-30 | -0.09% |
| 2023-06-30 | 9.39% |
| 2023-03-31 | 7.92% |
| 2022-12-31 | 2.85% |
| 2022-09-30 | 10.57% |
| 2022-06-30 | 1.37% |
| 2022-03-31 | -6.22% |
| 2021-12-31 | 1.83% |
| 2021-09-30 | -6.04% |
| 2021-06-30 | 5.17% |
| 2021-03-31 | 10.22% |
| 2020-12-31 | 14.56% |
| 2020-09-30 | 3.89% |
| 2020-06-30 | 8.00% |
| 2020-03-31 | 11.28% |
| 2019-12-31 | 9.79% |
| 2019-09-30 | 24.34% |
| 2019-06-30 | 15.27% |
| 2019-03-31 | 2.49% |
| 2018-12-31 | -98.26% |
| 2018-09-30 | 16.86% |
| 2018-06-30 | 4.27% |
| 2018-03-31 | -13.35% |
| 2017-12-31 | 164.25% |
| 2017-09-30 | 29.74% |
| 2017-06-30 | 30.09% |
| 2017-03-31 | -32.10% |
| 2016-12-31 | 42.16% |
| 2016-09-30 | 4.52% |
| 2015-12-31 | 119.44% |
| 2015-06-30 | 77.28% |
| 2015-03-31 | 5.05% |
| 2014-12-31 | 66.13% |
| 2014-09-30 | 74.30% |
| 2014-06-30 | 48.84% |
| 2014-03-31 | 39.00% |
| 2013-12-31 | 52.96% |
| 2013-09-30 | 40.09% |
| 2013-06-30 | 40.20% |
| 2013-03-31 | 27.84% |
| 2012-12-31 | 40.70% |
| 2012-09-30 | 35.73% |
| 2012-06-30 | 37.24% |
| 2012-03-31 | 28.16% |
| 2011-12-31 | 39.74% |
| 2011-09-30 | 33.94% |
| 2011-06-30 | 25.42% |
| 2011-03-31 | 25.11% |
| 2010-12-31 | 23.44% |
| 2010-09-30 | 23.28% |
| 2010-06-30 | 33.09% |
| 2010-03-31 | 37.25% |
| 2009-12-31 | -462.76% |
| 2009-09-30 | 21.42% |
| 2009-06-30 | 12.47% |
| 2009-03-31 | 14.94% |
| 2008-12-31 | 7.14% |
| 2008-09-30 | 3.90% |
