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 32.38% is 37% above its 4-year average of 23.57%, near the high end of its 4-year range (-126.17%–39.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 33.03% above its 12-month average of 24.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
32.38%
TAX RATE AVG TTM
24.34%
TAX RATE AVG 3Y
13.11%
TAX RATE AVG 5Y
23.57%
TAX RATE AVG 10Y
27.29%
TAX RATE AVG 15Y
32.78%
TAX RATE AVG 20Y
34.73%
CURRENT VS TTM AVG
+33.03%
CURRENT VS 3Y AVG
+147.01%
CURRENT VS 5Y AVG
+37.38%
CURRENT VS 10Y AVG
+18.65%
CURRENT VS 15Y AVG
-1.21%
CURRENT VS 20Y AVG
-6.77%
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 | 32.38% |
| 2026-03-31 | 29.02% |
| 2025-12-31 | 24.32% |
| 2025-09-30 | 21.22% |
| 2025-06-30 | 14.77% |
| 2025-03-31 | 16.06% |
| 2024-12-31 | -20.74% |
| 2024-09-30 | 19.72% |
| 2024-06-30 | 12.37% |
| 2024-03-31 | 28.75% |
| 2023-12-31 | -33.67% |
| 2023-03-31 | -126.17% |
| 2022-06-30 | 21.42% |
| 2022-03-31 | 39.24% |
| 2018-06-30 | 228.99% |
| 2018-03-31 | 25.07% |
| 2017-09-30 | 25.58% |
| 2017-06-30 | 32.15% |
| 2017-03-31 | 32.65% |
| 2016-12-31 | 42.54% |
| 2016-09-30 | 37.14% |
| 2016-06-30 | 36.81% |
| 2016-03-31 | 34.47% |
| 2015-09-30 | 35.65% |
| 2015-06-30 | 38.72% |
| 2015-03-31 | 37.40% |
| 2014-12-31 | 27.26% |
| 2014-09-30 | 37.18% |
| 2014-06-30 | 40.37% |
| 2014-03-31 | 39.03% |
| 2013-12-31 | 54.64% |
| 2013-09-30 | 38.62% |
| 2013-06-30 | 42.06% |
| 2013-03-31 | 33.58% |
| 2012-12-31 | 40.81% |
| 2012-09-30 | 39.59% |
| 2012-06-30 | 31.49% |
| 2012-03-31 | -8.27% |
| 2011-12-31 | 36.36% |
| 2011-09-30 | 47.01% |
| 2011-06-30 | 34.50% |
| 2011-03-31 | 32.03% |
| 2010-12-31 | 20.82% |
| 2010-09-30 | 48.90% |
| 2010-06-30 | 48.09% |
| 2009-03-31 | 45.03% |
| 2008-09-30 | 40.28% |
| 2008-06-30 | 46.60% |
| 2008-03-31 | 50.54% |
| 2007-03-31 | 50.72% |
