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 21.94% is 149% above its 5-year average of 8.80%, near the high end of its 5-year range (-42.03%–27.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 1588.63% above its 12-month average of 1.30%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.94%
TAX RATE AVG TTM
1.30%
TAX RATE AVG 3Y
6.69%
TAX RATE AVG 5Y
14.02%
TAX RATE AVG 10Y
15.69%
TAX RATE AVG 15Y
13.00%
TAX RATE AVG 20Y
15.84%
CURRENT VS TTM AVG
+1588.63%
CURRENT VS 3Y AVG
+228.19%
CURRENT VS 5Y AVG
+56.49%
CURRENT VS 10Y AVG
+39.87%
CURRENT VS 15Y AVG
+68.72%
CURRENT VS 20Y AVG
+38.49%
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 | 21.94% |
| 2026-03-31 | 13.58% |
| 2025-12-31 | -42.03% |
| 2025-06-30 | 11.71% |
| 2025-03-31 | 15.01% |
| 2024-12-31 | -15.67% |
| 2024-09-30 | 17.72% |
| 2024-06-30 | -4.26% |
| 2024-03-31 | 12.72% |
| 2023-12-31 | -18.60% |
| 2023-09-30 | 5.55% |
| 2023-06-30 | 13.85% |
| 2023-03-31 | 25.68% |
| 2022-06-30 | 26.09% |
| 2021-12-31 | 21.16% |
| 2021-09-30 | 17.41% |
| 2021-06-30 | 27.83% |
| 2020-03-31 | 28.00% |
| 2019-12-31 | 21.22% |
| 2019-06-30 | 13.35% |
| 2019-03-31 | 51.94% |
| 2018-12-31 | 94.15% |
| 2018-09-30 | 10.00% |
| 2018-06-30 | 14.45% |
| 2018-03-31 | -47.19% |
| 2017-09-30 | 39.48% |
| 2017-06-30 | 23.46% |
| 2017-03-31 | 19.78% |
| 2016-12-31 | 34.91% |
| 2016-09-30 | -8.72% |
| 2016-06-30 | 1.62% |
| 2016-03-31 | 18.94% |
| 2015-09-30 | -21.08% |
| 2015-06-30 | -3.07% |
| 2015-03-31 | -36.01% |
| 2014-12-31 | 807.41% |
| 2014-09-30 | 16.85% |
| 2014-06-30 | -43.36% |
| 2014-03-31 | -1.87% |
| 2013-12-31 | 11.13% |
| 2013-09-30 | -52.67% |
| 2013-03-31 | 57.41% |
| 2011-06-30 | -2.32% |
| 2009-03-31 | 40.02% |
| 2008-09-30 | 35.69% |
| 2008-06-30 | 38.30% |
| 2008-03-31 | 36.13% |
| 2007-12-31 | 34.69% |
| 2007-09-30 | 35.17% |
| 2007-06-30 | 35.95% |
| 2007-03-31 | 36.31% |
| 2006-12-31 | 36.04% |
| 2006-09-30 | 32.10% |
| 2006-06-30 | 36.00% |
| 2006-03-31 | 35.44% |
| 2005-12-31 | 33.34% |
| 2005-09-30 | 36.83% |
| 2005-06-30 | 32.69% |
| 2005-03-31 | 36.50% |
| 2004-12-31 | 38.58% |
| 2004-09-30 | 37.39% |
| 2004-06-30 | 36.39% |
| 2004-03-31 | 36.26% |
| 2003-12-31 | 24.83% |
| 2003-09-30 | 35.55% |
| 2003-06-30 | 37.02% |
| 2003-03-31 | 39.10% |
| 2002-12-31 | 37.11% |
| 2002-09-30 | 35.42% |