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 29.21% is 46% above its 5-year average of 19.96%, around the middle of its 5-year range (-3.91%–61.02%).
As of the fiscal period ended Tuesday, June 30, 2026. 49.65% above its 12-month average of 19.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
29.21%
TAX RATE AVG TTM
19.52%
TAX RATE AVG 3Y
21.42%
TAX RATE AVG 5Y
19.96%
TAX RATE AVG 10Y
18.26%
TAX RATE AVG 15Y
23.18%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+49.65%
CURRENT VS 3Y AVG
+36.35%
CURRENT VS 5Y AVG
+46.36%
CURRENT VS 10Y AVG
+59.98%
CURRENT VS 15Y AVG
+26.01%
CURRENT VS 20Y AVG
N/A
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 | 29.21% |
| 2026-03-31 | -1.46% |
| 2025-06-30 | 30.80% |
| 2025-03-31 | 61.02% |
| 2024-09-30 | 19.43% |
| 2024-06-30 | 21.10% |
| 2024-03-31 | 20.26% |
| 2023-12-31 | -3.91% |
| 2023-09-30 | 16.98% |
| 2023-06-30 | 20.77% |
| 2023-03-31 | 26.01% |
| 2022-12-31 | 8.74% |
| 2022-09-30 | 21.18% |
| 2022-06-30 | 18.69% |
| 2022-03-31 | 19.30% |
| 2021-12-31 | 15.59% |
| 2021-09-30 | 20.41% |
| 2021-06-30 | 19.74% |
| 2021-03-31 | 6.13% |
| 2020-12-31 | 4.35% |
| 2020-06-30 | -11.31% |
| 2020-03-31 | 34.40% |
| 2019-12-31 | 18.62% |
| 2019-09-30 | 12.31% |
| 2019-06-30 | 14.38% |
| 2019-03-31 | 19.90% |
| 2018-12-31 | 12.44% |
| 2018-09-30 | 17.22% |
| 2018-06-30 | -1.29% |
| 2018-03-31 | 19.75% |
| 2017-12-31 | -41.43% |
| 2017-09-30 | 26.43% |
| 2017-06-30 | 28.81% |
| 2017-03-31 | 28.13% |
| 2016-12-31 | 26.81% |
| 2016-09-30 | 25.45% |
| 2016-06-30 | 24.06% |
| 2016-03-31 | 29.55% |
| 2015-12-31 | 24.74% |
| 2015-09-30 | 29.06% |
| 2015-06-30 | 28.98% |
| 2015-03-31 | 27.38% |
| 2014-12-31 | 27.24% |
| 2014-09-30 | 25.62% |
| 2014-06-30 | 26.60% |
| 2014-03-31 | 28.88% |
| 2013-12-31 | 2.49% |
| 2013-09-30 | 28.42% |
| 2013-06-30 | 30.76% |
| 2013-03-31 | 28.27% |
| 2012-12-31 | 30.65% |
| 2012-09-30 | 33.83% |
| 2012-06-30 | 28.49% |
| 2012-03-31 | 33.63% |
| 2011-09-30 | 35.68% |
| 2011-06-30 | 31.32% |
| 2011-03-31 | 28.49% |
| 2010-12-31 | -334.57% |
| 2010-09-30 | 35.23% |
| 2010-06-30 | -8.29% |
| 2010-03-31 | 60.00% |