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 22.60% is 12% above its 5-year average of 20.22%, around the middle of its 5-year range (10.91%–29.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.74% above its 12-month average of 21.17%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.60%
TAX RATE AVG TTM
21.17%
TAX RATE AVG 3Y
23.11%
TAX RATE AVG 5Y
20.22%
TAX RATE AVG 10Y
20.16%
TAX RATE AVG 15Y
23.69%
TAX RATE AVG 20Y
25.40%
CURRENT VS TTM AVG
+6.74%
CURRENT VS 3Y AVG
-2.22%
CURRENT VS 5Y AVG
+11.75%
CURRENT VS 10Y AVG
+12.08%
CURRENT VS 15Y AVG
-4.61%
CURRENT VS 20Y AVG
-11.03%
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 | 22.60% |
| 2026-03-31 | 13.20% |
| 2025-12-31 | 21.14% |
| 2025-09-30 | 24.00% |
| 2025-06-30 | 24.91% |
| 2025-03-31 | 16.10% |
| 2024-12-31 | 21.80% |
| 2024-09-30 | 25.01% |
| 2024-06-30 | 22.29% |
| 2024-03-31 | 21.10% |
| 2023-12-31 | 10.91% |
| 2023-09-30 | 25.33% |
| 2023-06-30 | 29.95% |
| 2023-03-31 | 19.01% |
| 2022-12-31 | 13.33% |
| 2022-09-30 | 18.29% |
| 2022-06-30 | 17.41% |
| 2022-03-31 | 15.40% |
| 2021-12-31 | 21.69% |
| 2021-09-30 | 21.40% |
| 2021-06-30 | 19.80% |
| 2021-03-31 | 18.00% |
| 2020-12-31 | 18.68% |
| 2020-09-30 | 21.68% |
| 2020-06-30 | 71.11% |
| 2020-03-31 | 10.01% |
| 2019-12-31 | 17.41% |
| 2019-09-30 | 22.31% |
| 2019-06-30 | 22.58% |
| 2019-03-31 | 17.21% |
| 2018-12-31 | 6.28% |
| 2018-09-30 | 18.00% |
| 2018-06-30 | 21.70% |
| 2018-03-31 | 17.17% |
| 2017-12-31 | 162.03% |
| 2017-09-30 | 28.49% |
| 2017-06-30 | 27.02% |
| 2017-03-31 | 11.19% |
| 2016-12-31 | 30.91% |
| 2016-09-30 | 26.99% |
| 2016-06-30 | 26.03% |
| 2016-03-31 | 27.98% |
| 2015-12-31 | 28.64% |
| 2015-09-30 | 30.30% |
| 2015-06-30 | 39.28% |
| 2015-03-31 | 27.71% |
| 2014-12-31 | 32.52% |
| 2014-09-30 | 32.19% |
| 2014-06-30 | 27.79% |
| 2014-03-31 | 32.70% |
| 2013-12-31 | 34.35% |
| 2013-09-30 | 30.00% |
| 2013-06-30 | 26.99% |
| 2013-03-31 | 33.00% |
| 2012-12-31 | 32.95% |
| 2012-09-30 | 34.20% |
| 2012-06-30 | 32.01% |
| 2012-03-31 | 33.70% |
| 2011-12-31 | 18.77% |
| 2011-06-30 | 32.57% |
| 2011-03-31 | 32.30% |
| 2010-12-31 | 31.29% |
| 2010-09-30 | 32.48% |
| 2010-06-30 | 57.67% |
| 2010-03-31 | 33.01% |
| 2009-12-31 | 32.93% |
| 2009-09-25 | 33.50% |
| 2009-06-26 | 31.70% |
| 2009-03-27 | 31.00% |
| 2008-08-29 | 11.98% |
| 2008-05-30 | 26.31% |
| 2008-02-29 | 29.49% |
| 2007-11-30 | 36.40% |
| 2007-08-31 | 32.99% |
| 2007-05-25 | 32.00% |
| 2007-02-23 | 34.20% |
| 2006-11-24 | 36.77% |
| 2006-08-25 | 32.51% |
| 2006-05-26 | 34.39% |
| 2006-02-24 | 32.80% |
| 2005-11-25 | 34.17% |
| 2005-08-26 | 32.77% |
| 2005-05-27 | 30.47% |
| 2005-02-25 | 29.51% |
| 2004-11-26 | 30.34% |
| 2004-08-27 | 32.02% |
| 2004-05-28 | 31.78% |
| 2004-02-27 | 32.97% |
| 2003-11-28 | 31.09% |
| 2003-08-29 | 30.92% |
| 2003-05-30 | 33.04% |
| 2003-02-28 | 34.97% |
| 2002-11-29 | 29.76% |
| 2002-08-30 | 34.26% |
