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 14.53% is 21% above its 5-year average of 12.06%, near the high end of its 5-year range (-2.91%–20.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.40% above its 12-month average of 13.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
14.53%
TAX RATE AVG TTM
13.92%
TAX RATE AVG 3Y
13.56%
TAX RATE AVG 5Y
12.06%
TAX RATE AVG 10Y
8.12%
TAX RATE AVG 15Y
10.49%
TAX RATE AVG 20Y
11.14%
CURRENT VS TTM AVG
+4.40%
CURRENT VS 3Y AVG
+7.12%
CURRENT VS 5Y AVG
+20.52%
CURRENT VS 10Y AVG
+78.97%
CURRENT VS 15Y AVG
+38.58%
CURRENT VS 20Y AVG
+30.47%
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 | 14.53% |
| 2026-03-31 | 11.46% |
| 2025-12-31 | 13.68% |
| 2025-09-30 | 13.68% |
| 2025-06-30 | 16.24% |
| 2025-03-31 | 12.61% |
| 2024-12-31 | 17.23% |
| 2024-09-30 | 10.46% |
| 2024-06-30 | 8.64% |
| 2024-03-31 | 12.28% |
| 2023-12-31 | 20.96% |
| 2023-09-30 | 7.81% |
| 2023-06-30 | 16.77% |
| 2023-03-31 | 4.17% |
| 2022-12-31 | -2.91% |
| 2021-09-30 | 0.34% |
| 2021-03-31 | 59.66% |
| 2020-12-31 | 3.95% |
| 2020-03-31 | 0.86% |
| 2019-12-31 | 46.28% |
| 2019-03-31 | 12.48% |
| 2018-12-31 | -111.21% |
| 2018-06-30 | 40.78% |
| 2018-03-31 | -18.05% |
| 2017-09-30 | -73.86% |
| 2017-06-30 | -3.37% |
| 2016-12-31 | -26.48% |
| 2016-09-30 | 0.87% |
| 2016-06-30 | 12.06% |
| 2016-03-31 | -74.37% |
| 2015-12-31 | -37.99% |
| 2015-09-30 | 6.59% |
| 2015-06-30 | 30.59% |
| 2015-03-31 | 388.28% |
| 2014-12-31 | 9.87% |
| 2014-09-30 | 12.52% |
| 2014-06-30 | 6.24% |
| 2014-05-09 | 18.65% |
| 2013-12-31 | -10.30% |
| 2013-09-30 | 9.61% |
| 2013-06-30 | 8.30% |
| 2013-03-31 | 12.27% |
| 2012-12-31 | 15.52% |
| 2012-09-30 | 13.84% |
| 2012-06-30 | 11.85% |
| 2012-03-31 | 16.90% |
| 2011-12-31 | 10.41% |
| 2011-09-30 | 11.60% |
| 2011-06-30 | 19.66% |
| 2011-03-31 | 53.03% |
| 2010-12-31 | -16.91% |
| 2010-09-30 | 8.90% |
| 2010-06-30 | 20.76% |
| 2010-03-31 | 15.78% |
| 2009-12-31 | -19.99% |
| 2009-09-30 | -24.51% |
| 2009-06-30 | 7.27% |
| 2009-03-31 | -11.77% |
| 2008-12-31 | -55.61% |
| 2008-09-30 | 10.42% |
| 2008-06-30 | 15.89% |
| 2008-03-31 | 15.71% |
| 2007-12-31 | 10.60% |
| 2007-09-30 | 11.13% |
| 2007-06-30 | 20.56% |
| 2007-03-31 | 20.00% |
| 2006-12-31 | 13.55% |
| 2006-09-30 | 15.56% |
| 2006-06-30 | 18.13% |
| 2006-03-31 | 19.27% |
| 2005-12-31 | 3.15% |
| 2005-09-30 | 19.50% |
| 2005-06-30 | 18.50% |
| 2005-03-31 | 18.05% |
| 2004-12-31 | 11.18% |
| 2004-09-30 | 20.52% |
| 2004-06-30 | 15.76% |
| 2004-03-31 | 24.04% |
| 2003-12-31 | 17.47% |
| 2003-09-30 | 21.46% |
| 2003-06-30 | 24.27% |
| 2003-03-31 | 24.36% |
| 2002-12-31 | -2.95% |
| 2002-09-30 | 22.36% |