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 18.11% is in line with its 5-year average of 17.83%, around the middle of its 5-year range (-4.26%–28.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.07% below its 12-month average of 21.32%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.11%
TAX RATE AVG TTM
21.32%
TAX RATE AVG 3Y
19.70%
TAX RATE AVG 5Y
19.64%
TAX RATE AVG 10Y
19.53%
TAX RATE AVG 15Y
23.78%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-15.07%
CURRENT VS 3Y AVG
-8.08%
CURRENT VS 5Y AVG
-7.78%
CURRENT VS 10Y AVG
-7.25%
CURRENT VS 15Y AVG
-23.84%
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 | 18.11% |
| 2026-03-31 | 20.74% |
| 2025-12-31 | 19.70% |
| 2025-09-30 | 28.92% |
| 2025-06-30 | 19.15% |
| 2025-03-31 | 20.32% |
| 2024-12-31 | 6.11% |
| 2024-09-30 | 9.82% |
| 2024-06-30 | 19.91% |
| 2024-03-31 | 16.85% |
| 2023-12-31 | 17.47% |
| 2023-09-30 | 21.69% |
| 2023-06-30 | 23.08% |
| 2023-03-31 | 20.86% |
| 2022-12-31 | 22.64% |
| 2022-09-30 | 14.81% |
| 2022-06-30 | 19.82% |
| 2022-03-31 | 20.45% |
| 2021-12-31 | 18.37% |
| 2021-09-30 | -4.26% |
| 2021-06-30 | 19.88% |
| 2021-03-31 | 14.45% |
| 2020-12-31 | 17.82% |
| 2020-09-30 | 1.77% |
| 2020-06-30 | 18.46% |
| 2020-03-31 | 20.37% |
| 2019-12-31 | 13.37% |
| 2019-09-30 | 22.22% |
| 2019-06-30 | 21.95% |
| 2019-03-31 | 20.81% |
| 2018-12-31 | 3.20% |
| 2018-09-30 | 22.37% |
| 2018-06-30 | 8.78% |
| 2018-03-31 | 20.00% |
| 2017-12-31 | 65.78% |
| 2017-09-30 | 32.27% |
| 2017-06-30 | 32.57% |
| 2017-03-31 | 19.05% |
| 2016-12-31 | 21.51% |
| 2016-09-30 | 31.85% |
| 2016-06-30 | 33.17% |
| 2016-03-31 | 23.16% |
| 2015-12-31 | 37.50% |
| 2015-09-30 | 36.57% |
| 2015-06-30 | 36.07% |
| 2015-03-31 | 34.59% |
| 2014-12-31 | 34.18% |
| 2014-09-30 | 33.33% |
| 2014-06-30 | 34.21% |
| 2014-03-31 | 31.82% |
| 2013-12-31 | 36.36% |
| 2013-09-30 | 30.30% |
| 2013-06-30 | 34.48% |
| 2013-03-31 | 32.31% |
| 2012-12-31 | 35.06% |
| 2012-09-30 | 64.86% |
| 2012-06-30 | 35.06% |
| 2012-03-31 | 34.00% |
| 2011-12-31 | 27.37% |
| 2011-06-30 | 34.43% |
| 2011-03-31 | 35.71% |
| 2010-12-31 | 30.59% |
| 2010-09-30 | 37.31% |
| 2010-03-31 | 46.75% |
