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 21.94% is 79% above its 5-year average of 12.26%, near the high end of its 5-year range (-18.38%–22.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.11% above its 12-month average of 17.54%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.94%
TAX RATE AVG TTM
17.54%
TAX RATE AVG 3Y
17.07%
TAX RATE AVG 5Y
16.60%
TAX RATE AVG 10Y
13.66%
TAX RATE AVG 15Y
17.54%
TAX RATE AVG 20Y
22.46%
CURRENT VS TTM AVG
+25.11%
CURRENT VS 3Y AVG
+28.52%
CURRENT VS 5Y AVG
+32.19%
CURRENT VS 10Y AVG
+60.67%
CURRENT VS 15Y AVG
+25.09%
CURRENT VS 20Y AVG
-2.31%
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 | 21.94% |
| 2026-03-31 | 12.17% |
| 2025-12-31 | 16.34% |
| 2025-09-30 | 17.07% |
| 2025-06-30 | 20.18% |
| 2025-03-31 | -5.27% |
| 2024-12-31 | 15.04% |
| 2024-09-30 | 14.96% |
| 2024-06-30 | 18.79% |
| 2024-03-31 | -1.65% |
| 2023-12-31 | -18.38% |
| 2023-09-30 | 19.58% |
| 2023-06-30 | 14.66% |
| 2023-03-31 | 14.46% |
| 2022-12-31 | 14.69% |
| 2022-09-30 | 19.39% |
| 2022-06-30 | 22.93% |
| 2022-03-31 | 8.20% |
| 2021-12-31 | 15.74% |
| 2021-09-30 | 16.03% |
| 2021-06-30 | 0.61% |
| 2021-03-31 | 3.03% |
| 2020-12-31 | 16.70% |
| 2020-09-30 | 10.81% |
| 2020-06-30 | 34.51% |
| 2020-03-31 | -2.63% |
| 2019-12-31 | 15.98% |
| 2019-09-30 | 0.08% |
| 2019-06-30 | 19.24% |
| 2019-03-31 | -8.69% |
| 2018-12-31 | 18.81% |
| 2018-09-30 | 12.95% |
| 2018-06-30 | 13.87% |
| 2018-03-31 | 0.90% |
| 2017-12-31 | 111.44% |
| 2017-09-30 | -2.80% |
| 2017-06-30 | 17.23% |
| 2017-03-31 | 10.19% |
| 2016-12-31 | 26.11% |
| 2016-09-30 | 20.91% |
| 2016-06-30 | 27.19% |
| 2016-03-31 | 26.07% |
| 2015-12-31 | 24.54% |
| 2015-09-30 | 13.58% |
| 2015-06-30 | 24.61% |
| 2015-03-31 | 27.99% |
| 2014-12-31 | 20.56% |
| 2014-09-30 | 23.22% |
| 2014-06-30 | 27.07% |
| 2014-03-31 | 26.78% |
| 2013-12-31 | 22.52% |
| 2013-09-30 | 11.96% |
| 2013-06-30 | 28.59% |
| 2013-03-31 | 26.07% |
| 2012-12-31 | 30.54% |
| 2012-09-30 | 15.02% |
| 2012-06-30 | 32.45% |
| 2012-03-31 | 27.19% |
| 2011-12-31 | 25.55% |
| 2011-09-30 | 32.30% |
| 2011-06-30 | 31.82% |
| 2011-03-31 | 32.23% |
| 2010-12-31 | 22.90% |
| 2010-09-30 | 36.83% |
| 2010-06-30 | 38.49% |
| 2010-03-31 | 36.25% |
| 2009-12-31 | 41.47% |
| 2009-09-30 | 40.72% |
| 2009-06-30 | 40.42% |
| 2009-03-31 | 43.76% |
| 2008-12-31 | 42.49% |
| 2008-09-30 | 35.74% |
| 2008-06-30 | 39.00% |
| 2008-03-31 | 39.00% |
| 2007-12-31 | 39.92% |
| 2007-09-30 | 38.20% |
| 2007-06-30 | 39.00% |
| 2007-03-31 | 38.89% |
| 2006-12-31 | 40.34% |
| 2006-09-30 | 40.10% |
| 2006-06-30 | 39.91% |
| 2006-03-31 | 39.57% |
| 2005-12-31 | -94.69% |
| 2005-09-30 | 7.66% |
| 2005-06-30 | 9.26% |
| 2005-03-31 | 5.53% |
| 2004-12-31 | 3.00% |
| 2004-09-30 | 1.07% |
| 2004-06-30 | 5.16% |
| 2004-03-31 | 4.05% |
| 2003-06-30 | 0.00% |
