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 22.06% is 11% below its 5-year average of 24.91%, near the low end of its 5-year range (17.33%–36.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.83% below its 12-month average of 22.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.06%
TAX RATE AVG TTM
22.25%
TAX RATE AVG 3Y
23.48%
TAX RATE AVG 5Y
24.91%
TAX RATE AVG 10Y
27.24%
TAX RATE AVG 15Y
30.80%
TAX RATE AVG 20Y
30.86%
CURRENT VS TTM AVG
-0.83%
CURRENT VS 3Y AVG
-6.06%
CURRENT VS 5Y AVG
-11.45%
CURRENT VS 10Y AVG
-19.01%
CURRENT VS 15Y AVG
-28.39%
CURRENT VS 20Y AVG
-28.51%
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 | 22.06% |
| 2026-03-31 | 26.27% |
| 2025-12-31 | 25.45% |
| 2025-09-30 | 17.33% |
| 2025-06-30 | 20.11% |
| 2025-03-31 | 26.30% |
| 2024-12-31 | 25.71% |
| 2024-09-30 | 21.62% |
| 2024-06-30 | 20.41% |
| 2024-03-31 | 26.14% |
| 2023-12-31 | 24.93% |
| 2023-09-30 | 23.95% |
| 2023-06-30 | 25.01% |
| 2023-03-31 | 26.04% |
| 2022-12-31 | 27.11% |
| 2022-06-30 | 26.90% |
| 2022-03-31 | 28.03% |
| 2021-12-31 | 27.49% |
| 2021-06-30 | 36.37% |
| 2021-03-31 | 30.16% |
| 2020-12-31 | 30.28% |
| 2020-09-30 | -23.09% |
| 2020-06-30 | 34.27% |
| 2020-03-31 | 33.55% |
| 2019-12-31 | 33.54% |
| 2019-06-30 | 16.64% |
| 2019-03-31 | 24.04% |
| 2018-12-31 | 27.68% |
| 2018-06-30 | 9.31% |
| 2018-03-31 | 34.71% |
| 2017-12-31 | 4.10% |
| 2017-03-31 | 33.74% |
| 2016-12-31 | 41.36% |
| 2016-06-30 | 168.44% |
| 2016-03-31 | 28.20% |
| 2015-12-31 | 45.77% |
| 2015-03-31 | 39.04% |
| 2014-12-31 | 42.00% |
| 2014-06-30 | 38.08% |
| 2014-03-31 | 43.33% |
| 2013-06-30 | 59.37% |
| 2013-03-31 | 40.04% |
| 2012-12-31 | 41.75% |
| 2012-09-30 | 46.12% |
| 2012-06-30 | 32.37% |
| 2012-03-31 | 40.96% |
| 2011-12-31 | 43.41% |
| 2011-09-30 | 45.95% |
| 2011-03-31 | 49.98% |
| 2010-12-31 | 44.25% |
| 2010-09-30 | 57.66% |
| 2010-03-31 | 39.19% |
| 2009-12-31 | 31.36% |
| 2009-09-30 | 43.61% |
| 2009-03-31 | 49.48% |
| 2008-12-31 | 41.13% |
| 2008-09-30 | 39.03% |
| 2008-03-31 | 47.54% |
| 2007-12-31 | 53.00% |
| 2007-09-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2001-06-30 | 27.02% |
