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 37.94% is 94% above its 5-year average of 19.55%, near the high end of its 5-year range (-800.00%–41.89%).
As of the fiscal period ended Tuesday, June 30, 2026. 48.72% above its 12-month average of 25.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
37.94%
TAX RATE AVG TTM
25.51%
TAX RATE AVG 3Y
19.55%
TAX RATE AVG 5Y
19.55%
TAX RATE AVG 10Y
21.99%
TAX RATE AVG 15Y
25.51%
TAX RATE AVG 20Y
25.96%
CURRENT VS TTM AVG
+48.72%
CURRENT VS 3Y AVG
+94.07%
CURRENT VS 5Y AVG
+94.09%
CURRENT VS 10Y AVG
+72.49%
CURRENT VS 15Y AVG
+48.74%
CURRENT VS 20Y AVG
+46.11%
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 | 37.94% |
| 2026-03-31 | 23.94% |
| 2025-12-31 | 10.32% |
| 2025-09-30 | 41.89% |
| 2025-06-30 | 13.45% |
| 2025-03-31 | 22.36% |
| 2024-12-31 | 13.58% |
| 2024-09-30 | 18.51% |
| 2024-06-30 | 11.45% |
| 2024-03-31 | 15.75% |
| 2023-12-31 | 25.24% |
| 2023-09-30 | 22.49% |
| 2023-06-30 | -800.00% |
| 2023-03-31 | 24.54% |
| 2022-12-31 | 22.46% |
| 2022-09-30 | 22.36% |
| 2022-06-30 | 21.82% |
| 2022-03-31 | 18.21% |
| 2021-12-31 | 20.95% |
| 2021-09-30 | 21.58% |
| 2021-06-30 | 22.83% |
| 2021-03-31 | 20.94% |
| 2020-12-31 | 24.63% |
| 2020-09-30 | 20.14% |
| 2020-06-30 | 23.25% |
| 2020-03-31 | 23.62% |
| 2019-12-31 | 17.22% |
| 2019-09-30 | 22.83% |
| 2019-06-30 | 22.22% |
| 2019-03-31 | 24.57% |
| 2018-12-31 | 18.61% |
| 2018-09-30 | 23.92% |
| 2018-06-30 | 24.08% |
| 2018-03-31 | 59.77% |
| 2017-12-31 | 19.25% |
| 2017-09-30 | 28.75% |
| 2017-06-30 | 28.21% |
| 2017-03-31 | 27.49% |
| 2016-12-31 | 35.66% |
| 2016-09-30 | 29.99% |
| 2016-06-30 | 28.55% |
| 2016-03-31 | 28.28% |
| 2015-12-31 | 45.08% |
| 2015-09-30 | 30.61% |
| 2015-03-31 | 33.82% |
| 2014-09-30 | 32.10% |
| 2014-06-30 | 31.78% |
| 2014-03-31 | 30.48% |
| 2013-12-31 | 32.36% |
| 2013-09-30 | 30.27% |
| 2013-06-30 | 32.60% |
| 2013-03-31 | 30.93% |
| 2012-12-31 | 38.48% |
| 2012-09-30 | 31.10% |
| 2012-06-30 | 30.96% |
| 2012-03-31 | 29.23% |
| 2011-12-31 | 29.60% |
| 2011-09-30 | 29.15% |
| 2011-06-30 | 31.00% |
| 2011-03-31 | 31.40% |
| 2010-12-31 | 26.72% |
| 2010-09-30 | 30.28% |
| 2010-06-30 | 27.55% |
| 2010-03-31 | 39.57% |
| 2009-12-31 | 27.96% |
| 2009-09-30 | 29.59% |
| 2009-06-30 | 29.04% |
| 2009-03-31 | 29.13% |
| 2008-12-31 | 22.29% |
| 2008-09-30 | 28.05% |
| 2008-06-30 | 29.79% |
| 2008-03-31 | 27.59% |
| 2007-12-31 | 23.85% |
| 2007-09-30 | 27.60% |
| 2007-06-30 | 20.03% |
| 2007-03-31 | 20.60% |
| 2006-12-31 | 22.99% |
| 2006-09-30 | 24.94% |
| 2006-06-30 | 268.44% |
| 2006-03-31 | 27.84% |
| 2005-12-31 | 23.55% |
| 2005-09-30 | 17.41% |
| 2005-06-30 | 25.59% |
| 2005-03-31 | 21.18% |
| 2004-12-31 | 20.11% |
| 2004-09-30 | 23.95% |
| 2004-06-30 | 21.52% |
| 2004-03-31 | 19.97% |
| 2003-12-31 | 7.07% |
| 2003-09-30 | 27.77% |
| 2003-06-30 | 29.10% |
| 2003-03-31 | 29.11% |
| 2002-12-31 | 28.99% |
| 2002-09-30 | 29.24% |
