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 18.98% is in line with its 5-year average of 20.19%, around the middle of its 5-year range (-97.85%–90.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 39.56% below its 12-month average of 31.40%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.98%
TAX RATE AVG TTM
31.40%
TAX RATE AVG 3Y
20.99%
TAX RATE AVG 5Y
21.29%
TAX RATE AVG 10Y
21.41%
TAX RATE AVG 15Y
25.13%
TAX RATE AVG 20Y
26.58%
CURRENT VS TTM AVG
-39.56%
CURRENT VS 3Y AVG
-9.62%
CURRENT VS 5Y AVG
-10.87%
CURRENT VS 10Y AVG
-11.35%
CURRENT VS 15Y AVG
-24.48%
CURRENT VS 20Y AVG
-28.60%
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 | 18.98% |
| 2026-03-31 | 18.45% |
| 2025-12-31 | 7.24% |
| 2025-09-30 | 90.87% |
| 2025-06-30 | 21.44% |
| 2025-03-31 | 33.66% |
| 2024-12-31 | 22.57% |
| 2024-09-30 | 20.98% |
| 2024-06-30 | 22.50% |
| 2024-03-31 | 22.62% |
| 2023-12-31 | 20.12% |
| 2023-09-30 | 20.96% |
| 2023-06-30 | 21.33% |
| 2023-03-31 | 20.99% |
| 2022-12-31 | 21.02% |
| 2022-09-30 | 22.13% |
| 2022-06-30 | 49.35% |
| 2022-03-31 | 20.48% |
| 2021-12-31 | -97.85% |
| 2021-09-30 | 24.05% |
| 2021-06-30 | 22.03% |
| 2021-03-31 | 23.32% |
| 2019-09-30 | 20.43% |
| 2019-06-30 | 49.01% |
| 2019-03-31 | 20.83% |
| 2018-12-31 | -45.85% |
| 2018-09-30 | 18.73% |
| 2018-06-30 | 19.75% |
| 2018-03-31 | 75.13% |
| 2017-12-31 | 430.33% |
| 2017-09-30 | 27.22% |
| 2015-06-30 | 56.80% |
| 2014-12-31 | 27.10% |
| 2014-09-30 | 26.52% |
| 2014-06-30 | 27.79% |
| 2014-03-31 | 27.07% |
| 2013-12-31 | 25.77% |
| 2013-09-30 | 29.45% |
| 2013-06-30 | 28.38% |
| 2012-12-31 | 34.15% |
| 2012-09-30 | 30.44% |
| 2012-06-30 | 32.34% |
| 2012-03-31 | 32.27% |
| 2011-12-31 | 33.01% |
| 2011-09-30 | 32.59% |
| 2011-06-30 | 32.20% |
| 2011-03-31 | 30.90% |
| 2010-12-31 | 31.10% |
| 2010-09-30 | 33.88% |
| 2010-06-30 | 29.54% |
| 2010-03-31 | 36.34% |
| 2009-12-31 | 28.32% |
| 2009-09-30 | 31.55% |
| 2009-06-30 | 30.55% |
| 2009-03-31 | 31.96% |
| 2008-12-31 | 31.29% |
| 2008-09-30 | 33.69% |
| 2008-06-30 | 31.51% |
| 2008-03-31 | 28.88% |
| 2007-12-31 | 23.74% |
| 2007-09-30 | 16.96% |
| 2007-06-30 | 32.05% |
| 2007-03-31 | 32.99% |
| 2006-12-31 | 32.89% |
| 2006-09-30 | 29.78% |
| 2006-06-30 | 32.58% |
| 2006-03-31 | 33.04% |
| 2005-12-31 | -50.74% |
| 2005-09-30 | 20.09% |
| 2005-06-30 | 27.57% |
| 2005-03-31 | 31.14% |
| 2004-12-31 | 37.04% |
| 2004-09-30 | 36.63% |
| 2004-03-31 | 37.40% |
| 2003-12-31 | 35.38% |
| 2003-09-30 | 39.13% |
| 2003-06-30 | 39.19% |
| 2003-03-31 | 42.74% |
| 2002-09-30 | 42.11% |
