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 25.09% is 25% above its 5-year average of 20.02%, near the high end of its 5-year range (8.23%–28.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.28% below its 12-month average of 25.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.09%
TAX RATE AVG TTM
25.41%
TAX RATE AVG 3Y
21.76%
TAX RATE AVG 5Y
20.02%
TAX RATE AVG 10Y
23.35%
TAX RATE AVG 15Y
27.58%
TAX RATE AVG 20Y
29.02%
CURRENT VS TTM AVG
-1.28%
CURRENT VS 3Y AVG
+15.31%
CURRENT VS 5Y AVG
+25.32%
CURRENT VS 10Y AVG
+7.44%
CURRENT VS 15Y AVG
-9.04%
CURRENT VS 20Y AVG
-13.54%
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 | 25.09% |
| 2026-03-31 | 28.84% |
| 2025-12-31 | 24.10% |
| 2025-09-30 | 25.24% |
| 2025-06-30 | 23.79% |
| 2025-03-31 | 18.49% |
| 2024-12-31 | 23.40% |
| 2024-09-30 | 16.52% |
| 2024-06-30 | 23.64% |
| 2024-03-31 | 8.23% |
| 2023-12-31 | 18.41% |
| 2023-09-30 | 10.45% |
| 2023-06-30 | 23.10% |
| 2023-03-31 | 17.86% |
| 2022-12-31 | 16.83% |
| 2022-09-30 | 22.69% |
| 2022-06-30 | 21.95% |
| 2022-03-31 | 11.86% |
| 2021-12-31 | 23.52% |
| 2021-09-30 | 13.48% |
| 2021-06-30 | 22.87% |
| 2021-03-31 | 9.90% |
| 2020-12-31 | 25.42% |
| 2020-09-30 | 26.75% |
| 2020-06-30 | 27.62% |
| 2020-03-31 | 12.05% |
| 2019-12-31 | 32.57% |
| 2019-09-30 | 24.30% |
| 2019-06-30 | 23.94% |
| 2019-03-31 | 24.85% |
| 2018-12-31 | 22.35% |
| 2018-09-30 | 24.39% |
| 2018-06-30 | 24.55% |
| 2018-03-31 | 20.66% |
| 2017-12-31 | 42.98% |
| 2017-09-30 | 36.46% |
| 2017-06-30 | 36.69% |
| 2017-03-31 | 31.74% |
| 2016-12-31 | 34.64% |
| 2016-09-30 | 37.73% |
| 2016-06-30 | 37.00% |
| 2016-03-31 | 37.00% |
| 2015-12-31 | 33.57% |
| 2015-09-30 | 37.00% |
| 2015-06-30 | 37.69% |
| 2015-03-31 | 37.50% |
| 2014-12-31 | 31.98% |
| 2014-09-30 | 36.97% |
| 2014-06-30 | 37.24% |
| 2014-03-31 | 37.25% |
| 2013-12-31 | 31.38% |
| 2013-09-30 | 37.14% |
| 2013-06-30 | 36.54% |
| 2013-03-31 | 32.59% |
| 2012-12-31 | 36.53% |
| 2012-09-30 | 35.56% |
| 2012-06-30 | 36.00% |
| 2012-03-31 | 36.00% |
| 2011-12-31 | 37.55% |
| 2011-09-30 | 26.56% |
| 2011-06-30 | 33.47% |
| 2011-03-31 | 5.35% |
| 2010-12-31 | 28.82% |
| 2010-09-30 | 33.87% |
| 2010-06-30 | 33.54% |
| 2010-03-31 | 34.50% |
| 2009-12-31 | 38.26% |
| 2009-09-30 | 2.89% |
| 2009-03-31 | 33.50% |
| 2008-12-31 | 2.80% |
| 2008-09-30 | -3.36% |
| 2008-06-30 | 34.75% |
| 2008-03-31 | 34.75% |
| 2007-12-31 | 35.54% |
| 2007-09-30 | 35.40% |
| 2007-06-30 | 35.50% |
| 2007-03-31 | 35.50% |
| 2006-12-31 | 48.13% |
| 2006-09-30 | 42.16% |
| 2006-06-30 | 42.22% |
| 2006-03-31 | 42.21% |
| 2005-12-31 | 41.02% |
| 2005-09-30 | 38.90% |
| 2005-06-30 | 58.16% |
| 2005-03-31 | 38.89% |
| 2004-12-31 | 39.72% |
| 2004-09-30 | 36.59% |
| 2004-06-30 | 34.53% |
| 2004-03-31 | 34.50% |
| 2003-12-31 | 31.36% |
| 2003-09-30 | 35.90% |
| 2003-06-30 | 35.41% |
| 2003-03-31 | 35.28% |
| 2002-12-31 | 33.32% |
| 2002-09-30 | 37.47% |
