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 48.07% is 56% above its 4-year average of 30.74%, around the middle of its 4-year range (9.01%–93.28%).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
48.07%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
38.30%
TAX RATE AVG 5Y
30.74%
TAX RATE AVG 10Y
27.90%
TAX RATE AVG 15Y
33.22%
TAX RATE AVG 20Y
34.49%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+25.53%
CURRENT VS 5Y AVG
+56.40%
CURRENT VS 10Y AVG
+72.34%
CURRENT VS 15Y AVG
+44.71%
CURRENT VS 20Y AVG
+39.38%
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 | 48.07% |
| 2025-03-31 | 93.28% |
| 2024-12-31 | 28.33% |
| 2024-09-30 | 35.13% |
| 2024-06-30 | 27.54% |
| 2024-03-31 | 27.51% |
| 2023-12-31 | 24.02% |
| 2023-09-30 | 30.90% |
| 2023-06-30 | 29.91% |
| 2023-03-31 | 23.78% |
| 2022-12-31 | 25.01% |
| 2022-09-30 | 37.94% |
| 2022-06-30 | 9.01% |
| 2019-12-31 | 31.51% |
| 2019-09-30 | -45.55% |
| 2019-03-31 | 25.87% |
| 2018-12-31 | 13.92% |
| 2018-09-30 | 88.57% |
| 2018-06-30 | 446.21% |
| 2016-03-31 | 32.60% |
| 2015-12-31 | 54.08% |
| 2015-06-30 | 28.91% |
| 2015-03-31 | 34.21% |
| 2014-12-31 | 38.81% |
| 2014-09-30 | 35.82% |
| 2014-06-30 | 34.83% |
| 2014-03-31 | 36.61% |
| 2013-12-31 | 34.14% |
| 2013-09-30 | 34.90% |
| 2013-06-30 | 35.71% |
| 2013-03-31 | 34.93% |
| 2012-12-31 | 35.21% |
| 2012-09-30 | 37.23% |
| 2012-06-30 | 35.06% |
| 2012-03-31 | 36.68% |
| 2011-12-31 | 36.83% |
| 2011-09-30 | 35.42% |
| 2011-06-30 | 36.45% |
| 2011-03-31 | 37.89% |
| 2010-12-31 | 37.41% |
| 2010-09-30 | 36.21% |
| 2010-06-30 | 40.29% |
| 2010-03-31 | 37.86% |
| 2009-12-31 | 35.57% |
| 2009-09-30 | 37.65% |
| 2009-06-30 | 40.86% |
| 2009-03-31 | 45.59% |
| 2008-12-31 | 36.82% |
| 2008-09-30 | 35.51% |
| 2008-06-30 | 36.82% |
| 2008-03-31 | 37.26% |
| 2007-12-31 | 36.58% |
| 2007-09-30 | 35.66% |
| 2007-06-30 | 36.54% |
| 2007-03-31 | 36.26% |
| 2006-12-31 | 36.97% |
| 2006-09-30 | 27.23% |
| 2006-06-30 | 37.82% |
| 2006-03-31 | 37.94% |
| 2005-12-31 | 39.49% |
| 2005-09-30 | 40.84% |
| 2005-06-30 | 41.26% |
| 2005-03-31 | 41.16% |
| 2004-12-31 | 41.27% |
| 2004-06-30 | 41.98% |
| 2004-03-31 | 43.86% |
| 2003-12-31 | 42.00% |
| 2003-09-30 | 43.03% |
| 2003-06-30 | 43.35% |
| 2003-03-31 | 42.98% |
| 2002-12-31 | 43.17% |
