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 18.42% is in line with its 5-year average of 17.36%, near the high end of its 5-year range (-0.40%–20.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.41% above its 12-month average of 17.15%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.42%
TAX RATE AVG TTM
17.15%
TAX RATE AVG 3Y
18.05%
TAX RATE AVG 5Y
18.47%
TAX RATE AVG 10Y
17.88%
TAX RATE AVG 15Y
20.13%
TAX RATE AVG 20Y
20.57%
CURRENT VS TTM AVG
+7.41%
CURRENT VS 3Y AVG
+2.00%
CURRENT VS 5Y AVG
-0.30%
CURRENT VS 10Y AVG
+2.97%
CURRENT VS 15Y AVG
-8.52%
CURRENT VS 20Y AVG
-10.46%
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 | 18.42% |
| 2026-03-31 | 17.78% |
| 2025-12-31 | 17.12% |
| 2025-09-30 | 17.36% |
| 2025-06-30 | 15.05% |
| 2025-03-31 | 18.68% |
| 2024-12-31 | 20.18% |
| 2024-09-30 | 18.18% |
| 2024-06-30 | 18.09% |
| 2024-03-31 | 16.86% |
| 2023-12-31 | -0.40% |
| 2023-09-30 | 19.77% |
| 2023-06-30 | 19.17% |
| 2023-03-31 | 19.20% |
| 2022-12-31 | 18.16% |
| 2022-09-30 | 19.65% |
| 2022-06-30 | 18.15% |
| 2022-03-31 | 18.52% |
| 2021-12-31 | 17.96% |
| 2021-09-30 | 19.23% |
| 2021-03-31 | 16.09% |
| 2020-12-31 | 15.73% |
| 2020-09-30 | 15.36% |
| 2020-06-30 | 17.13% |
| 2020-03-31 | 17.24% |
| 2019-12-31 | 14.78% |
| 2019-09-30 | 15.26% |
| 2019-06-30 | 14.75% |
| 2019-03-31 | 14.96% |
| 2018-12-31 | 14.58% |
| 2018-09-30 | 14.09% |
| 2018-06-30 | 13.83% |
| 2018-03-31 | 15.32% |
| 2017-12-31 | -4.83% |
| 2017-09-30 | 24.66% |
| 2017-06-30 | 22.51% |
| 2017-03-31 | 22.10% |
| 2016-12-31 | 23.63% |
| 2016-09-30 | 16.31% |
| 2016-06-30 | 23.72% |
| 2016-03-31 | 24.29% |
| 2015-12-31 | 23.76% |
| 2015-09-30 | 23.55% |
| 2015-06-30 | 24.61% |
| 2015-03-31 | 24.56% |
| 2014-12-31 | 25.89% |
| 2014-09-30 | 25.79% |
| 2014-06-30 | 25.88% |
| 2014-03-31 | 25.89% |
| 2013-12-31 | 23.73% |
| 2013-09-30 | 26.67% |
| 2013-06-30 | 26.79% |
| 2013-03-31 | 26.45% |
| 2012-12-31 | 24.52% |
| 2012-09-30 | 14.43% |
| 2012-06-30 | 24.40% |
| 2012-03-31 | 25.40% |
| 2011-12-31 | 24.85% |
| 2011-09-30 | 21.36% |
| 2011-06-30 | 25.13% |
| 2011-03-31 | 21.56% |
| 2010-12-31 | 22.19% |
| 2010-09-30 | 22.73% |
| 2010-06-30 | 21.45% |
| 2008-09-30 | 18.50% |
| 2008-06-30 | 20.62% |
| 2008-03-31 | 17.19% |
| 2007-09-30 | 25.99% |
| 2007-06-30 | 23.16% |
| 2007-03-31 | 25.94% |
| 2006-12-31 | 23.77% |
| 2006-09-30 | -62.94% |
| 2006-06-30 | 28.96% |
| 2006-03-31 | 28.09% |
| 2005-12-31 | 22.52% |
| 2005-09-30 | 28.39% |
| 2005-06-30 | 22.34% |
| 2005-03-31 | 22.84% |
| 2004-12-31 | 28.99% |
| 2004-09-30 | 29.04% |
| 2004-06-30 | 28.26% |
| 2004-03-31 | 25.10% |
| 2003-12-31 | 26.58% |
| 2003-09-30 | 26.32% |
| 2003-06-30 | 27.54% |
| 2003-03-31 | 25.03% |
| 2002-12-31 | 26.36% |
| 2002-09-30 | 24.17% |
