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 20.15% is in line with its 5-year average of 19.87%, around the middle of its 5-year range (-7.80%–60.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 44.32% above its 12-month average of 13.96%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.15%
TAX RATE AVG TTM
13.96%
TAX RATE AVG 3Y
23.30%
TAX RATE AVG 5Y
19.87%
TAX RATE AVG 10Y
22.17%
TAX RATE AVG 15Y
27.17%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+44.32%
CURRENT VS 3Y AVG
-13.54%
CURRENT VS 5Y AVG
+1.41%
CURRENT VS 10Y AVG
-9.10%
CURRENT VS 15Y AVG
-25.84%
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 | 20.15% |
| 2026-03-31 | 20.86% |
| 2025-12-31 | 19.21% |
| 2025-09-30 | 17.38% |
| 2025-06-30 | -7.80% |
| 2025-03-31 | 27.21% |
| 2024-12-31 | -7.45% |
| 2024-09-30 | 9.11% |
| 2024-06-30 | 33.25% |
| 2023-12-31 | 39.85% |
| 2023-09-30 | 60.63% |
| 2023-06-30 | 22.71% |
| 2023-03-31 | 22.25% |
| 2022-12-31 | 19.40% |
| 2022-09-30 | 22.83% |
| 2022-06-30 | 22.61% |
| 2022-03-31 | 22.12% |
| 2021-12-31 | 23.81% |
| 2021-09-30 | 13.30% |
| 2021-06-30 | 15.10% |
| 2021-03-31 | 20.75% |
| 2020-12-31 | 14.88% |
| 2020-09-30 | 16.78% |
| 2020-03-31 | 20.15% |
| 2019-12-31 | 16.38% |
| 2019-09-30 | 18.06% |
| 2019-06-30 | 18.96% |
| 2019-03-31 | 20.27% |
| 2018-12-31 | 22.84% |
| 2018-09-30 | 17.35% |
| 2018-06-30 | 10.59% |
| 2018-03-31 | 17.76% |
| 2017-12-31 | 51.83% |
| 2017-09-30 | 31.50% |
| 2017-06-30 | 27.53% |
| 2017-03-31 | 32.30% |
| 2016-12-31 | 33.39% |
| 2016-09-30 | 32.50% |
| 2016-06-30 | 32.68% |
| 2016-03-31 | 35.77% |
| 2015-12-31 | 33.13% |
| 2015-09-30 | 35.30% |
| 2015-06-30 | 35.81% |
| 2015-03-31 | 35.43% |
| 2014-12-31 | 29.99% |
| 2014-09-30 | 33.73% |
| 2014-06-30 | 35.23% |
| 2014-03-31 | 34.93% |
| 2013-12-31 | 34.05% |
| 2013-09-30 | 31.62% |
| 2013-06-30 | 32.31% |
| 2013-03-31 | 32.60% |
| 2012-12-31 | 28.62% |
| 2012-09-30 | 38.97% |
| 2012-06-30 | 37.21% |
| 2012-03-31 | 37.86% |
| 2011-12-31 | 42.24% |
| 2011-09-30 | 36.02% |
| 2011-06-30 | 33.06% |
| 2011-03-31 | 38.11% |
