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 24.24% is in line with its 5-year average of 22.77%, around the middle of its 5-year range (3.78%–35.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.55% above its 12-month average of 23.19%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.24%
TAX RATE AVG TTM
23.19%
TAX RATE AVG 3Y
22.82%
TAX RATE AVG 5Y
22.77%
TAX RATE AVG 10Y
22.50%
TAX RATE AVG 15Y
25.18%
TAX RATE AVG 20Y
27.62%
CURRENT VS TTM AVG
+4.55%
CURRENT VS 3Y AVG
+6.26%
CURRENT VS 5Y AVG
+6.48%
CURRENT VS 10Y AVG
+7.73%
CURRENT VS 15Y AVG
-3.74%
CURRENT VS 20Y AVG
-12.22%
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 | 24.24% |
| 2026-03-31 | 24.51% |
| 2025-12-31 | 20.47% |
| 2025-09-30 | 23.13% |
| 2025-06-30 | 23.59% |
| 2025-03-31 | 23.90% |
| 2024-12-31 | 21.66% |
| 2024-09-30 | 25.28% |
| 2024-06-30 | 25.78% |
| 2024-03-31 | 18.78% |
| 2023-12-31 | 24.42% |
| 2023-09-30 | 18.04% |
| 2023-06-30 | 3.78% |
| 2023-03-31 | 20.61% |
| 2022-12-31 | 21.99% |
| 2022-06-30 | 23.41% |
| 2022-03-31 | 19.83% |
| 2021-12-31 | 27.50% |
| 2021-09-30 | 22.69% |
| 2021-06-30 | 35.14% |
| 2021-03-31 | 21.97% |
| 2020-12-31 | 21.66% |
| 2020-09-30 | 32.42% |
| 2020-06-30 | 21.55% |
| 2020-03-31 | 21.29% |
| 2019-12-31 | 22.83% |
| 2019-09-30 | 16.09% |
| 2019-06-30 | 23.89% |
| 2019-03-31 | 21.41% |
| 2018-12-31 | 16.12% |
| 2018-09-30 | 16.06% |
| 2018-06-30 | 24.39% |
| 2018-03-31 | 23.18% |
| 2017-12-31 | -84.01% |
| 2017-09-30 | 33.04% |
| 2017-06-30 | 24.69% |
| 2017-03-31 | 29.52% |
| 2016-12-31 | 32.26% |
| 2016-09-30 | 20.99% |
| 2016-06-30 | 29.65% |
| 2016-03-31 | 30.19% |
| 2015-12-31 | 4.60% |
| 2015-09-30 | 26.71% |
| 2015-06-30 | 27.39% |
| 2015-03-31 | 26.76% |
| 2014-12-31 | 28.64% |
| 2014-09-30 | 28.75% |
| 2014-06-30 | 29.06% |
| 2014-03-31 | 27.90% |
| 2013-09-30 | 24.87% |
| 2013-06-30 | 27.19% |
| 2013-03-31 | 28.27% |
| 2012-12-31 | 27.72% |
| 2012-09-30 | 27.38% |
| 2012-06-30 | 29.66% |
| 2012-03-31 | 30.36% |
| 2011-12-31 | 29.05% |
| 2011-09-30 | 30.15% |
| 2011-06-30 | 32.29% |
| 2011-03-31 | 33.69% |
| 2010-12-31 | 32.29% |
| 2010-09-30 | 32.14% |
| 2010-06-30 | 34.20% |
| 2010-03-31 | 33.95% |
| 2009-12-31 | 35.86% |
| 2009-09-30 | 36.77% |
| 2009-06-30 | 38.84% |
| 2009-03-31 | 33.79% |
| 2008-12-31 | 39.80% |
| 2008-09-30 | 36.62% |
| 2008-06-30 | 35.53% |
| 2008-03-31 | 35.20% |
| 2007-12-31 | 32.72% |
| 2007-09-30 | 32.83% |
| 2007-06-30 | 28.61% |
| 2007-03-31 | 36.74% |
| 2006-12-31 | 27.31% |
| 2006-09-30 | 35.92% |
| 2006-06-30 | 35.84% |
| 2006-03-31 | 31.63% |
