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 24.10% is in line with its 5-year average of 22.39%, around the middle of its 5-year range (11.69%–30.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.95% above its 12-month average of 21.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.10%
TAX RATE AVG TTM
21.92%
TAX RATE AVG 3Y
21.97%
TAX RATE AVG 5Y
22.58%
TAX RATE AVG 10Y
22.71%
TAX RATE AVG 15Y
30.33%
TAX RATE AVG 20Y
31.42%
CURRENT VS TTM AVG
+9.95%
CURRENT VS 3Y AVG
+9.72%
CURRENT VS 5Y AVG
+6.75%
CURRENT VS 10Y AVG
+6.13%
CURRENT VS 15Y AVG
-20.53%
CURRENT VS 20Y AVG
-23.28%
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 | 24.10% |
| 2026-03-31 | 20.35% |
| 2025-12-31 | 20.64% |
| 2025-09-30 | 20.59% |
| 2025-06-30 | 23.93% |
| 2024-12-31 | 20.67% |
| 2024-09-30 | 24.72% |
| 2024-06-30 | 23.22% |
| 2023-09-30 | 18.57% |
| 2023-06-30 | 22.91% |
| 2022-09-30 | 21.53% |
| 2022-06-30 | 26.64% |
| 2021-12-31 | 11.69% |
| 2021-09-30 | 25.67% |
| 2021-06-30 | 30.68% |
| 2021-03-31 | 20.55% |
| 2019-12-31 | 22.97% |
| 2019-09-30 | 19.54% |
| 2019-06-30 | 23.45% |
| 2019-03-31 | 23.21% |
| 2018-12-31 | 19.95% |
| 2018-09-30 | 21.76% |
| 2018-06-30 | 23.65% |
| 2018-03-31 | 23.09% |
| 2017-12-31 | -155.83% |
| 2017-09-30 | 36.54% |
| 2017-06-30 | 36.22% |
| 2017-03-31 | 36.28% |
| 2016-12-31 | 35.48% |
| 2016-09-30 | 37.22% |
| 2016-06-30 | 37.12% |
| 2016-03-31 | 37.13% |
| 2015-12-31 | 36.72% |
| 2015-09-30 | 37.41% |
| 2015-06-30 | 37.77% |
| 2015-03-31 | 37.34% |
| 2014-12-31 | 36.88% |
| 2014-09-30 | 37.33% |
| 2014-06-30 | 37.67% |
| 2014-03-31 | 37.70% |
| 2013-12-31 | 36.34% |
| 2013-09-30 | 38.19% |
| 2013-06-30 | 38.29% |
| 2013-03-31 | 37.23% |
| 2012-12-31 | 37.60% |
| 2012-09-30 | 51.52% |
| 2012-06-30 | 38.04% |
| 2012-03-31 | 38.36% |
| 2011-12-31 | 40.39% |
| 2011-06-30 | 41.45% |
| 2011-03-31 | 72.22% |
| 2010-12-31 | 38.50% |
| 2010-09-30 | 38.25% |
| 2010-06-30 | 39.13% |
| 2010-03-31 | 35.29% |
| 2009-12-31 | 37.50% |
| 2009-06-30 | 14.95% |
| 2008-06-30 | 39.32% |
| 2008-03-31 | 8.11% |
| 2007-12-31 | 39.13% |
| 2007-09-30 | 41.52% |
| 2007-06-30 | 37.81% |
| 2007-03-31 | 37.58% |
| 2006-12-31 | 43.56% |
| 2006-09-30 | 38.46% |
| 2006-06-30 | 35.34% |
| 2006-03-31 | 36.46% |
| 2005-12-31 | 36.76% |
| 2005-09-30 | 38.78% |
| 2005-06-30 | 38.72% |
| 2005-03-31 | 33.71% |
| 2004-12-31 | 37.50% |
| 2004-09-30 | 34.25% |
| 2004-06-30 | 36.87% |
| 2004-03-31 | 36.59% |
| 2003-12-31 | 34.65% |
| 2003-09-30 | 38.01% |
| 2003-06-30 | 38.04% |
| 2003-03-31 | 38.46% |
| 2002-12-31 | 33.67% |
| 2002-09-30 | 39.52% |
