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 24.54% is in line with its 5-year average of 22.45%, near the high end of its 5-year range (10.20%–24.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.57% above its 12-month average of 22.81%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.54%
TAX RATE AVG TTM
22.81%
TAX RATE AVG 3Y
22.97%
TAX RATE AVG 5Y
22.45%
TAX RATE AVG 10Y
23.08%
TAX RATE AVG 15Y
25.72%
TAX RATE AVG 20Y
26.70%
CURRENT VS TTM AVG
+7.57%
CURRENT VS 3Y AVG
+6.84%
CURRENT VS 5Y AVG
+9.31%
CURRENT VS 10Y AVG
+6.31%
CURRENT VS 15Y AVG
-4.60%
CURRENT VS 20Y AVG
-8.09%
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 | 24.54% |
| 2026-03-31 | 20.58% |
| 2025-12-31 | 22.85% |
| 2025-09-30 | 21.73% |
| 2025-06-30 | 24.35% |
| 2025-03-31 | 21.79% |
| 2024-12-31 | 23.70% |
| 2024-09-30 | 14.83% |
| 2024-06-30 | 24.48% |
| 2024-03-31 | 23.60% |
| 2023-12-31 | 22.65% |
| 2023-09-30 | 23.79% |
| 2023-06-30 | 21.54% |
| 2023-03-31 | 22.56% |
| 2022-12-31 | 19.09% |
| 2022-09-30 | 24.03% |
| 2022-06-30 | 18.27% |
| 2022-03-31 | 23.11% |
| 2021-12-31 | 23.11% |
| 2021-09-30 | 20.72% |
| 2021-06-30 | 10.20% |
| 2021-03-31 | 22.43% |
| 2020-12-31 | 22.09% |
| 2020-09-30 | 21.24% |
| 2020-06-30 | 21.43% |
| 2020-03-31 | 22.99% |
| 2019-12-31 | 22.86% |
| 2019-09-30 | 21.62% |
| 2019-06-30 | 24.48% |
| 2019-03-31 | 24.43% |
| 2018-12-31 | 25.61% |
| 2018-09-30 | 23.59% |
| 2018-06-30 | 25.50% |
| 2018-03-30 | 23.20% |
| 2017-12-31 | 109.55% |
| 2017-09-30 | 29.36% |
| 2017-06-30 | 28.33% |
| 2017-03-31 | 28.44% |
| 2016-12-31 | 30.17% |
| 2016-09-30 | 29.88% |
| 2016-06-30 | 30.09% |
| 2016-03-31 | 29.94% |
| 2015-12-31 | 29.02% |
| 2015-09-30 | 29.52% |
| 2015-06-30 | 31.03% |
| 2015-03-31 | 31.02% |
| 2014-12-31 | 29.83% |
| 2014-09-30 | 29.97% |
| 2014-06-30 | 30.03% |
| 2014-03-31 | 30.07% |
| 2013-12-31 | 28.97% |
| 2013-09-30 | 35.35% |
| 2013-06-30 | 29.05% |
| 2013-03-31 | 28.95% |
| 2012-12-31 | 33.33% |
| 2012-09-30 | 28.96% |
| 2012-06-30 | 29.07% |
| 2012-03-31 | 28.96% |
| 2011-12-31 | 27.25% |
| 2011-09-30 | 29.01% |
| 2011-06-30 | 29.00% |
| 2011-03-31 | 3.26% |
| 2010-12-31 | 27.07% |
| 2010-09-30 | 31.63% |
| 2010-06-30 | 31.56% |
| 2010-03-31 | 33.91% |
| 2009-12-31 | -13.12% |
| 2009-09-30 | 32.53% |
| 2009-06-30 | 34.00% |
| 2009-03-31 | 230.37% |
| 2008-12-31 | 23.93% |
| 2008-09-30 | 28.12% |
| 2008-06-30 | 29.00% |
| 2008-03-31 | 34.64% |
| 2007-12-31 | 29.25% |
| 2007-09-30 | 28.77% |
| 2007-06-30 | 29.50% |
| 2007-03-31 | 29.50% |
| 2006-12-31 | 27.47% |
| 2006-09-30 | 30.50% |
| 2006-06-30 | 30.10% |
| 2006-03-31 | 31.00% |
| 2005-12-31 | 30.02% |
| 2005-09-30 | 31.99% |
| 2005-06-30 | 31.59% |
| 2005-03-31 | 32.49% |
| 2004-12-31 | 30.10% |
| 2004-09-30 | 34.00% |
| 2004-06-30 | 32.86% |
| 2004-03-31 | 34.00% |
| 2003-12-31 | 31.23% |
| 2003-09-30 | 35.01% |
| 2003-06-30 | 34.99% |
| 2003-03-31 | 35.00% |
| 2002-12-31 | 35.00% |
| 2002-09-30 | 35.00% |
