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 25.02% is in line with its 5-year average of 25.12%, around the middle of its 5-year range (8.68%–40.25%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.84% above its 12-month average of 24.81%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-30): 25.02%.
TAX RATE
25.02%
TAX RATE AVG TTM
24.81%
TAX RATE AVG 3Y
25.13%
TAX RATE AVG 5Y
25.12%
TAX RATE AVG 10Y
25.59%
TAX RATE AVG 15Y
30.12%
TAX RATE AVG 20Y
31.83%
CURRENT VS TTM AVG
+0.84%
CURRENT VS 3Y AVG
-0.46%
CURRENT VS 5Y AVG
-0.42%
CURRENT VS 10Y AVG
-2.23%
CURRENT VS 15Y AVG
-16.95%
CURRENT VS 20Y AVG
-21.39%
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 | 25.02% |
| 2026-03-31 | 22.50% |
| 2025-12-31 | 25.60% |
| 2025-09-30 | 25.06% |
| 2025-06-30 | 25.87% |
| 2025-03-31 | 27.10% |
| 2024-12-31 | 40.25% |
| 2024-09-30 | 21.76% |
| 2024-06-30 | 25.44% |
| 2024-03-31 | 25.42% |
| 2023-12-31 | 24.99% |
| 2023-09-30 | 24.34% |
| 2023-06-30 | 15.11% |
| 2023-03-31 | 24.89% |
| 2022-12-31 | 25.15% |
| 2022-09-30 | 29.30% |
| 2022-06-30 | 24.07% |
| 2022-03-31 | 24.74% |
| 2021-12-31 | 25.50% |
| 2021-09-30 | 8.68% |
| 2021-06-30 | 26.30% |
| 2021-03-31 | 27.97% |
| 2020-12-31 | 26.00% |
| 2020-09-30 | 24.44% |
| 2020-06-30 | 25.06% |
| 2020-03-31 | 26.11% |
| 2019-12-31 | 26.00% |
| 2019-09-30 | 22.38% |
| 2019-06-30 | 24.80% |
| 2019-03-31 | 23.44% |
| 2018-12-31 | 26.25% |
| 2018-09-30 | 26.72% |
| 2018-06-30 | 28.91% |
| 2018-03-31 | 24.05% |
| 2017-12-31 | 24.87% |
| 2017-09-30 | 29.87% |
| 2017-06-30 | 30.09% |
| 2017-03-31 | 33.64% |
| 2016-12-31 | 36.70% |
| 2016-09-30 | 36.46% |
| 2016-06-30 | 36.93% |
| 2016-03-31 | 37.41% |
| 2015-12-31 | 37.38% |
| 2015-09-30 | 40.38% |
| 2015-06-30 | 39.96% |
| 2015-03-31 | 37.28% |
| 2014-12-31 | 35.96% |
| 2014-09-30 | 31.26% |
| 2014-06-30 | 38.41% |
| 2014-03-31 | 36.80% |
| 2013-12-31 | 37.45% |
| 2013-09-30 | 38.07% |
| 2013-06-30 | 37.82% |
| 2013-03-31 | 38.27% |
| 2012-12-31 | 37.98% |
| 2012-09-30 | 42.14% |
| 2012-06-30 | 40.59% |
| 2012-03-31 | 49.65% |
| 2011-12-31 | 36.96% |
| 2011-09-30 | 28.93% |
| 2011-06-30 | 37.11% |
| 2011-03-31 | 37.40% |
| 2010-12-31 | 36.70% |
| 2010-09-30 | 31.76% |
| 2010-06-30 | 37.50% |
| 2010-03-31 | 35.74% |
| 2009-12-31 | 39.56% |
| 2009-09-30 | 38.90% |
| 2009-06-30 | 39.50% |
| 2009-03-31 | 39.50% |
| 2008-12-31 | 39.50% |
| 2008-06-30 | 35.43% |
| 2008-03-31 | 39.43% |
| 2007-12-31 | 41.13% |
| 2007-09-30 | 42.00% |
| 2007-03-31 | 39.97% |
| 2006-09-30 | 39.00% |
| 2006-03-31 | 39.50% |
| 2005-12-31 | 39.50% |
| 2005-09-30 | 39.50% |
| 2005-06-30 | 39.50% |
| 2005-03-31 | 39.51% |
| 2004-12-31 | 39.50% |
| 2004-09-30 | 39.50% |
| 2004-06-30 | 39.50% |
| 2004-03-31 | 39.50% |
| 2003-12-31 | 39.50% |
| 2003-09-30 | 39.50% |
| 2003-06-30 | 39.50% |
| 2003-03-31 | 39.50% |
| 2002-12-31 | 39.50% |
| 2002-09-30 | 39.28% |
