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 20.39% is in line with its 5-year average of 19.17%, near the high end of its 5-year range (17.32%–21.30%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.49% above its 12-month average of 19.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.39%
TAX RATE AVG TTM
19.51%
TAX RATE AVG 3Y
19.30%
TAX RATE AVG 5Y
19.17%
TAX RATE AVG 10Y
19.02%
TAX RATE AVG 15Y
18.91%
TAX RATE AVG 20Y
19.87%
CURRENT VS TTM AVG
+4.49%
CURRENT VS 3Y AVG
+5.64%
CURRENT VS 5Y AVG
+6.36%
CURRENT VS 10Y AVG
+7.18%
CURRENT VS 15Y AVG
+7.84%
CURRENT VS 20Y AVG
+2.63%
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 | 20.39% |
| 2026-03-31 | 19.02% |
| 2025-12-31 | 19.96% |
| 2025-09-30 | 18.06% |
| 2025-06-30 | 20.14% |
| 2025-03-31 | 19.54% |
| 2024-12-31 | 20.58% |
| 2024-09-30 | 19.43% |
| 2024-06-30 | 19.08% |
| 2024-03-31 | 17.34% |
| 2023-12-31 | 18.84% |
| 2023-09-30 | 19.93% |
| 2023-06-30 | 18.60% |
| 2023-03-31 | 18.07% |
| 2022-12-31 | 19.54% |
| 2022-09-30 | 21.30% |
| 2022-06-30 | 19.86% |
| 2022-03-31 | 18.11% |
| 2021-12-31 | 19.00% |
| 2021-09-30 | 17.32% |
| 2021-06-30 | 18.47% |
| 2021-03-31 | 17.82% |
| 2020-12-31 | 17.64% |
| 2020-09-30 | 13.72% |
| 2020-06-30 | 20.95% |
| 2020-03-31 | 20.64% |
| 2019-12-31 | 18.93% |
| 2019-09-30 | 18.07% |
| 2019-06-30 | 18.42% |
| 2019-03-31 | 18.71% |
| 2018-12-31 | -17.37% |
| 2018-09-30 | 19.43% |
| 2018-06-30 | 19.18% |
| 2018-03-31 | 17.53% |
| 2017-12-31 | 800.84% |
| 2017-09-30 | 19.89% |
| 2017-03-31 | 24.44% |
| 2016-09-30 | 17.05% |
| 2016-06-30 | -27.06% |
| 2016-03-31 | 15.22% |
| 2015-12-31 | 16.47% |
| 2015-09-30 | 1.85% |
| 2015-06-30 | 12.13% |
| 2015-03-31 | 25.28% |
| 2014-12-31 | 22.30% |
| 2014-09-30 | 21.77% |
| 2014-06-30 | 411.33% |
| 2014-03-31 | 23.48% |
| 2013-12-31 | 16.18% |
| 2013-09-30 | 18.16% |
| 2013-06-30 | 1.69% |
| 2011-12-31 | -36.96% |
| 2011-03-31 | 12.40% |
| 2010-12-31 | 23.96% |
| 2010-09-30 | 27.48% |
| 2010-06-30 | -21.53% |
| 2010-03-31 | 40.37% |
| 2009-12-31 | 23.49% |
| 2009-06-30 | 183.33% |
| 2008-06-30 | 16.72% |
| 2008-03-31 | -59.34% |
| 2007-12-31 | 23.82% |
| 2007-09-30 | 27.57% |
| 2007-06-30 | 25.09% |
| 2007-03-31 | 27.72% |
| 2006-12-31 | 21.86% |
| 2006-09-30 | 25.02% |
| 2006-06-30 | 21.32% |
| 2006-03-31 | 26.02% |
| 2005-12-31 | 14.78% |
| 2005-09-30 | 22.56% |
| 2005-06-30 | 27.21% |
| 2005-03-31 | 27.13% |
| 2004-12-31 | 24.48% |
| 2004-09-30 | -60.91% |
| 2004-06-30 | 24.96% |
| 2004-03-31 | 27.75% |
| 2003-12-31 | 25.57% |
| 2003-09-30 | 21.33% |
| 2003-06-30 | 19.40% |
| 2002-12-31 | 15.69% |
| 2002-09-30 | -36.60% |
