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 16.34% is 14% above its 5-year average of 14.32%, near the high end of its 5-year range (-38.98%–26.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 30.75% below its 12-month average of 23.60%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.34%
TAX RATE AVG TTM
23.60%
TAX RATE AVG 3Y
18.51%
TAX RATE AVG 5Y
17.28%
TAX RATE AVG 10Y
21.15%
TAX RATE AVG 15Y
23.82%
TAX RATE AVG 20Y
25.67%
CURRENT VS TTM AVG
-30.75%
CURRENT VS 3Y AVG
-11.70%
CURRENT VS 5Y AVG
-5.46%
CURRENT VS 10Y AVG
-22.74%
CURRENT VS 15Y AVG
-31.42%
CURRENT VS 20Y AVG
-36.36%
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 | 16.34% |
| 2026-03-31 | 25.17% |
| 2025-12-31 | 24.41% |
| 2025-09-30 | 26.81% |
| 2025-06-30 | 25.26% |
| 2025-03-31 | 19.11% |
| 2024-12-31 | 4.34% |
| 2024-09-30 | 20.19% |
| 2024-06-30 | 14.37% |
| 2024-03-31 | 23.66% |
| 2023-12-31 | 3.93% |
| 2023-03-31 | 17.63% |
| 2022-12-31 | 10.25% |
| 2022-09-30 | 6.56% |
| 2022-06-30 | -38.98% |
| 2022-03-31 | 18.82% |
| 2021-12-31 | 14.49% |
| 2021-09-30 | 18.40% |
| 2021-06-30 | 21.39% |
| 2021-03-31 | 16.39% |
| 2020-12-31 | 18.59% |
| 2020-09-30 | 21.42% |
| 2020-06-30 | 21.03% |
| 2020-03-31 | 17.51% |
| 2019-12-31 | 19.97% |
| 2019-09-30 | 19.23% |
| 2019-06-30 | 21.78% |
| 2019-03-31 | 17.92% |
| 2018-12-31 | 21.57% |
| 2018-09-30 | 21.32% |
| 2018-06-30 | 20.77% |
| 2018-03-31 | 37.20% |
| 2017-12-31 | 68.60% |
| 2017-09-30 | 28.24% |
| 2017-06-30 | 26.00% |
| 2017-03-31 | 23.66% |
| 2016-12-31 | 28.20% |
| 2016-09-30 | 28.52% |
| 2016-06-30 | 29.54% |
| 2016-03-31 | 26.80% |
| 2015-12-31 | 28.98% |
| 2015-09-30 | 29.65% |
| 2015-06-30 | 28.09% |
| 2015-03-31 | 29.48% |
| 2014-12-31 | 28.02% |
| 2014-09-30 | 30.27% |
| 2014-06-30 | 29.51% |
| 2014-03-31 | 27.43% |
| 2013-12-31 | 28.37% |
| 2013-09-30 | 27.45% |
| 2013-06-30 | 27.41% |
| 2013-03-31 | 29.07% |
| 2012-12-31 | 28.74% |
| 2012-09-30 | 28.22% |
| 2012-06-30 | 30.03% |
| 2012-03-31 | 28.82% |
| 2011-12-31 | 26.71% |
| 2011-09-30 | 28.52% |
| 2011-06-30 | 27.08% |
| 2011-03-31 | 28.61% |
| 2010-12-31 | 25.28% |
| 2010-09-30 | 26.76% |
| 2010-06-30 | 26.64% |
| 2010-03-31 | 31.93% |
| 2009-12-31 | 26.79% |
| 2009-09-30 | 32.15% |
| 2009-06-30 | 30.71% |
| 2009-03-31 | 30.17% |
| 2008-12-31 | 25.58% |
| 2008-09-30 | 32.17% |
| 2008-06-30 | 31.99% |
| 2008-03-31 | 31.84% |
| 2007-12-31 | 30.56% |
| 2007-09-30 | 30.73% |
| 2007-06-30 | 32.29% |
| 2007-03-31 | 33.86% |
| 2006-12-31 | 33.33% |
| 2006-09-30 | 31.26% |
| 2006-06-30 | 23.37% |
| 2006-03-31 | 32.69% |
| 2005-12-31 | 32.42% |
| 2005-09-30 | 32.50% |
| 2005-06-30 | 38.44% |
| 2005-03-31 | 32.46% |
| 2004-12-31 | 32.97% |
| 2004-09-30 | 33.02% |
| 2004-06-30 | 32.97% |
| 2004-03-31 | 33.03% |
| 2003-12-31 | 32.52% |
| 2003-09-30 | 33.43% |
| 2003-06-30 | 32.94% |
| 2003-03-31 | 32.46% |
| 2002-12-31 | 32.44% |
| 2002-09-30 | 32.58% |
