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 21.48% is 21% above its 5-year average of 17.72%, near the high end of its 5-year range (-14.04%–21.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.71% above its 12-month average of 20.71%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.48%
TAX RATE AVG TTM
20.71%
TAX RATE AVG 3Y
16.82%
TAX RATE AVG 5Y
19.49%
TAX RATE AVG 10Y
18.28%
TAX RATE AVG 15Y
20.41%
TAX RATE AVG 20Y
21.48%
CURRENT VS TTM AVG
+3.71%
CURRENT VS 3Y AVG
+27.74%
CURRENT VS 5Y AVG
+10.26%
CURRENT VS 10Y AVG
+17.50%
CURRENT VS 15Y AVG
+5.24%
CURRENT VS 20Y AVG
+0.02%
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 | 21.48% |
| 2026-03-31 | 20.67% |
| 2025-12-31 | 21.30% |
| 2025-09-30 | 18.60% |
| 2025-06-30 | 21.52% |
| 2025-03-31 | 21.17% |
| 2024-06-30 | 18.51% |
| 2024-03-31 | 21.22% |
| 2023-12-31 | -14.04% |
| 2023-09-30 | 17.71% |
| 2023-06-30 | 16.86% |
| 2023-03-31 | 20.66% |
| 2022-12-31 | 16.17% |
| 2022-09-30 | 18.67% |
| 2022-06-30 | 19.94% |
| 2022-03-31 | 16.76% |
| 2021-12-31 | 18.36% |
| 2021-09-30 | 20.42% |
| 2021-06-30 | 20.70% |
| 2021-03-31 | 19.22% |
| 2020-12-31 | 16.55% |
| 2020-09-30 | 12.40% |
| 2020-06-30 | 13.95% |
| 2020-03-31 | 13.69% |
| 2019-12-31 | 13.86% |
| 2019-09-30 | 14.49% |
| 2019-06-30 | 17.06% |
| 2019-03-31 | 16.80% |
| 2018-12-31 | 16.03% |
| 2018-09-30 | 15.29% |
| 2018-06-30 | 17.70% |
| 2018-03-31 | 12.97% |
| 2017-12-31 | 56.15% |
| 2017-09-30 | 26.96% |
| 2017-06-30 | 27.96% |
| 2017-03-31 | 22.43% |
| 2016-12-31 | 14.07% |
| 2016-09-30 | 8.51% |
| 2016-06-30 | 25.84% |
| 2016-03-31 | 23.05% |
| 2015-12-31 | 23.86% |
| 2015-09-30 | 24.66% |
| 2015-06-30 | 26.25% |
| 2015-03-31 | 24.34% |
| 2014-12-31 | 27.17% |
| 2014-09-30 | 23.97% |
| 2014-06-30 | 23.10% |
| 2014-03-31 | 27.88% |
| 2013-12-31 | 22.95% |
| 2013-09-30 | 20.14% |
| 2013-06-30 | 26.57% |
| 2013-03-15 | 25.74% |
| 2012-12-31 | 21.65% |
| 2012-09-30 | 18.96% |
| 2012-06-30 | 19.22% |
| 2012-03-31 | 26.64% |
| 2011-12-31 | 25.00% |
| 2011-09-30 | 28.79% |
| 2011-06-30 | 27.17% |
| 2011-03-31 | 28.24% |
| 2010-12-31 | 33.86% |
| 2010-09-30 | 28.72% |
| 2010-06-30 | 9.82% |
| 2008-03-31 | 32.30% |
| 2007-09-30 | 27.74% |
| 2007-06-30 | 27.84% |
| 2007-03-31 | 29.11% |
| 2006-12-31 | 22.31% |
| 2006-09-30 | 27.90% |
| 2006-06-30 | 29.21% |
| 2006-03-31 | 28.65% |
| 2005-12-31 | 27.63% |
| 2005-09-30 | 30.50% |
| 2005-06-30 | 28.33% |
| 2005-03-31 | 29.22% |
| 2004-12-31 | 39.83% |
| 2004-09-30 | 28.61% |
| 2004-06-30 | 27.36% |
| 2004-03-31 | 28.98% |
| 2003-12-31 | 25.95% |
| 2003-09-30 | 28.62% |
| 2003-06-30 | 29.02% |
| 2003-03-31 | 25.43% |
| 2002-12-31 | 28.57% |
| 2002-09-30 | 27.51% |
