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 20.00% is in line with its 5-year average of 20.23%, around the middle of its 5-year range (6.85%–32.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.21% below its 12-month average of 21.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.00%
TAX RATE AVG TTM
21.79%
TAX RATE AVG 3Y
20.57%
TAX RATE AVG 5Y
20.43%
TAX RATE AVG 10Y
20.60%
TAX RATE AVG 15Y
22.22%
TAX RATE AVG 20Y
23.72%
CURRENT VS TTM AVG
-8.21%
CURRENT VS 3Y AVG
-2.78%
CURRENT VS 5Y AVG
-2.10%
CURRENT VS 10Y AVG
-2.89%
CURRENT VS 15Y AVG
-9.98%
CURRENT VS 20Y AVG
-15.69%
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 | 20.00% |
| 2026-03-31 | 32.48% |
| 2025-12-31 | 16.49% |
| 2025-09-30 | 19.78% |
| 2025-06-30 | 20.19% |
| 2025-03-31 | 21.62% |
| 2024-12-31 | 16.71% |
| 2024-09-30 | 20.74% |
| 2024-06-30 | 20.97% |
| 2024-03-31 | 26.03% |
| 2023-12-31 | 16.07% |
| 2023-09-30 | 20.37% |
| 2023-06-30 | 20.91% |
| 2023-03-31 | 21.05% |
| 2022-12-31 | 19.48% |
| 2022-09-30 | 21.38% |
| 2022-06-30 | 22.82% |
| 2022-03-31 | 19.21% |
| 2021-12-31 | 6.85% |
| 2021-09-30 | 19.99% |
| 2021-06-30 | 21.62% |
| 2021-03-31 | 19.53% |
| 2020-12-31 | 12.10% |
| 2020-09-30 | 21.68% |
| 2020-06-30 | 22.01% |
| 2020-03-31 | 0.38% |
| 2019-12-31 | 16.14% |
| 2019-09-30 | 21.03% |
| 2019-06-30 | 20.84% |
| 2019-03-31 | -13.19% |
| 2018-12-31 | 18.58% |
| 2018-09-30 | 13.89% |
| 2018-06-30 | 22.09% |
| 2018-03-31 | 19.66% |
| 2017-12-31 | -130.67% |
| 2017-09-30 | 25.83% |
| 2017-06-30 | 26.77% |
| 2017-03-31 | 25.56% |
| 2016-12-31 | 27.55% |
| 2016-09-30 | 30.77% |
| 2016-06-30 | 30.44% |
| 2016-03-31 | 30.43% |
| 2015-12-31 | 32.06% |
| 2015-09-30 | 28.77% |
| 2015-06-30 | 32.20% |
| 2015-03-31 | -15.19% |
| 2014-12-31 | 35.57% |
| 2014-09-30 | 44.99% |
| 2014-06-30 | 28.60% |
| 2013-12-31 | 28.93% |
| 2013-09-30 | 24.06% |
| 2013-06-30 | 26.69% |
| 2012-12-31 | 18.08% |
| 2012-09-30 | 17.64% |
| 2012-06-30 | 18.58% |
| 2011-12-31 | 7.41% |
| 2011-09-30 | 21.92% |
| 2011-06-30 | 27.32% |
| 2010-12-31 | 15.04% |
| 2010-09-30 | 20.89% |
| 2010-06-30 | 24.19% |
| 2009-09-30 | 21.19% |
| 2009-06-30 | 27.93% |
| 2008-12-31 | 33.07% |
| 2008-09-30 | 27.65% |
| 2008-06-30 | 30.63% |
| 2008-03-31 | 25.33% |
| 2007-12-31 | 34.24% |
| 2007-09-30 | 25.68% |
| 2007-06-30 | 31.75% |
| 2007-03-31 | 33.78% |
| 2006-12-31 | 32.44% |
| 2006-09-30 | 27.62% |
| 2006-06-30 | 31.04% |
| 2006-03-31 | 31.65% |
| 2005-12-31 | 33.01% |
| 2005-09-30 | 21.49% |
| 2005-06-30 | 28.84% |
| 2005-03-31 | 20.98% |
| 2004-12-31 | 38.17% |
| 2004-09-30 | 24.96% |
| 2004-06-30 | 29.68% |
| 2003-12-31 | 23.09% |
| 2003-09-30 | 29.41% |
| 2003-06-30 | 31.98% |
| 2002-12-31 | 13.19% |
| 2002-09-30 | 31.68% |
