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 29.12% is in line with its 5-year average of 29.20%, near the high end of its 5-year range (-50.30%–45.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.74% below its 12-month average of 29.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
29.12%
TAX RATE AVG TTM
29.34%
TAX RATE AVG 3Y
28.79%
TAX RATE AVG 5Y
29.20%
TAX RATE AVG 10Y
30.18%
TAX RATE AVG 15Y
33.50%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-0.74%
CURRENT VS 3Y AVG
+1.12%
CURRENT VS 5Y AVG
-0.29%
CURRENT VS 10Y AVG
-3.52%
CURRENT VS 15Y AVG
-13.08%
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 | 29.12% |
| 2026-03-31 | 26.06% |
| 2025-12-31 | 31.47% |
| 2025-09-30 | 30.30% |
| 2025-06-30 | 29.73% |
| 2025-03-31 | 26.83% |
| 2024-12-31 | -50.30% |
| 2024-09-30 | 29.94% |
| 2024-06-30 | 28.60% |
| 2024-03-31 | 26.58% |
| 2023-12-31 | 45.26% |
| 2023-09-30 | 30.84% |
| 2023-06-30 | 27.29% |
| 2023-03-31 | 30.79% |
| 2022-12-31 | 17.37% |
| 2022-09-30 | 34.35% |
| 2022-06-30 | 28.46% |
| 2022-03-31 | 27.49% |
| 2021-12-31 | 37.55% |
| 2021-09-30 | 29.41% |
| 2021-06-30 | -0.79% |
| 2019-12-31 | 27.57% |
| 2019-09-30 | 31.12% |
| 2019-06-30 | 27.90% |
| 2019-03-31 | 27.06% |
| 2018-12-31 | 15.41% |
| 2018-09-30 | 44.03% |
| 2018-06-30 | 27.18% |
| 2018-03-31 | 26.24% |
| 2017-12-31 | -228.52% |
| 2017-09-30 | 37.50% |
| 2017-06-30 | 39.60% |
| 2017-03-31 | 27.27% |
| 2016-12-31 | 250.39% |
| 2016-09-30 | 43.67% |
| 2016-06-30 | 38.65% |
| 2016-03-31 | -172.86% |
| 2015-12-31 | -139.30% |
| 2015-09-30 | 46.60% |
| 2015-06-30 | 46.47% |
| 2015-03-31 | 52.08% |
| 2014-12-31 | 45.73% |
| 2014-09-30 | 40.45% |
| 2014-06-30 | 36.34% |
| 2014-03-31 | 40.10% |
| 2013-12-31 | 42.59% |
| 2013-09-30 | 25.64% |
| 2013-06-30 | 34.85% |
| 2013-03-31 | 50.00% |
| 2012-12-31 | 42.86% |
| 2012-09-30 | 23.18% |
