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 13.65% is 25% below its 5-year average of 18.12%, near the high end of its 5-year range (-75.53%–25.89%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.99% below its 12-month average of 15.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
13.65%
TAX RATE AVG TTM
15.51%
TAX RATE AVG 3Y
8.92%
TAX RATE AVG 5Y
18.12%
TAX RATE AVG 10Y
17.87%
TAX RATE AVG 15Y
18.03%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-11.99%
CURRENT VS 3Y AVG
+53.08%
CURRENT VS 5Y AVG
-24.68%
CURRENT VS 10Y AVG
-23.62%
CURRENT VS 15Y AVG
-24.28%
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 | 13.65% |
| 2026-03-31 | 19.18% |
| 2025-09-30 | 8.95% |
| 2025-06-30 | 20.25% |
| 2025-03-31 | 20.13% |
| 2024-09-30 | 19.07% |
| 2024-06-30 | 21.05% |
| 2024-03-31 | 20.51% |
| 2023-12-31 | -75.53% |
| 2023-09-30 | 13.57% |
| 2023-06-30 | 17.23% |
| 2023-03-31 | 15.42% |
| 2022-12-31 | 22.45% |
| 2022-09-30 | 20.62% |
| 2022-06-30 | 22.98% |
| 2022-03-31 | -1.01% |
| 2021-12-31 | 21.05% |
| 2021-09-30 | 5.99% |
| 2021-06-30 | 25.89% |
| 2021-03-31 | 28.08% |
| 2020-12-31 | 18.67% |
| 2020-09-30 | 18.08% |
| 2020-03-31 | 55.52% |
| 2019-09-30 | 10.50% |
| 2019-06-30 | 17.90% |
| 2019-03-31 | 6.00% |
| 2018-12-31 | -41.91% |
| 2018-09-30 | 3.80% |
| 2018-06-30 | 17.99% |
| 2018-03-31 | 29.57% |
| 2017-12-31 | 263.82% |
| 2017-09-30 | 95.31% |
| 2017-06-30 | 18.00% |
| 2017-03-31 | 21.10% |
| 2016-12-31 | 10.58% |
| 2016-09-30 | 22.25% |
| 2016-06-30 | 23.41% |
| 2016-03-31 | 22.45% |
| 2015-12-31 | -103.60% |
| 2015-09-30 | 10.96% |
| 2015-06-30 | 33.61% |
| 2015-03-31 | 36.81% |
| 2014-12-31 | 12.19% |
| 2014-09-30 | 22.85% |
| 2014-06-30 | -769.70% |
| 2014-03-31 | -400.00% |
| 2013-12-31 | 5.14% |
| 2013-09-30 | 39.89% |
| 2013-06-30 | 43.62% |
| 2013-03-31 | 39.36% |
| 2012-09-30 | -19.91% |
| 2012-06-30 | -13.08% |
| 2012-03-31 | 18.90% |
| 2011-12-31 | -44.24% |
| 2011-09-30 | 5.87% |
| 2011-06-30 | -2.35% |
| 2011-03-31 | 9.76% |
| 2010-12-31 | -16.86% |
| 2010-09-30 | -1.35% |
| 2010-06-30 | 23.11% |
| 2010-03-31 | 39.09% |
| 2009-09-30 | -0.59% |