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 24.38% is 16% above its 5-year average of 20.94%, near the high end of its 5-year range (-10.76%–28.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.45% below its 12-month average of 25.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.38%
TAX RATE AVG TTM
25.25%
TAX RATE AVG 3Y
20.78%
TAX RATE AVG 5Y
20.94%
TAX RATE AVG 10Y
19.15%
TAX RATE AVG 15Y
21.10%
TAX RATE AVG 20Y
24.31%
CURRENT VS TTM AVG
-3.45%
CURRENT VS 3Y AVG
+17.31%
CURRENT VS 5Y AVG
+16.42%
CURRENT VS 10Y AVG
+27.35%
CURRENT VS 15Y AVG
+15.58%
CURRENT VS 20Y AVG
+0.29%
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 | 24.38% |
| 2026-03-31 | 23.44% |
| 2025-12-31 | 25.57% |
| 2025-09-30 | 27.98% |
| 2025-06-30 | 24.89% |
| 2025-03-31 | 20.58% |
| 2024-12-31 | 15.68% |
| 2024-09-30 | 22.40% |
| 2024-06-30 | 22.07% |
| 2024-03-31 | 17.78% |
| 2023-12-31 | 12.20% |
| 2023-09-30 | 14.52% |
| 2023-06-30 | 18.69% |
| 2023-03-31 | 18.81% |
| 2022-12-31 | -10.76% |
| 2022-09-30 | 13.24% |
| 2022-06-30 | 26.10% |
| 2022-03-31 | 25.59% |
| 2021-12-31 | -2.14% |
| 2021-09-30 | 15.59% |
| 2021-06-30 | 28.39% |
| 2021-03-31 | 13.68% |
| 2020-12-31 | -16.10% |
| 2019-06-30 | 23.78% |
| 2019-03-31 | 9.51% |
| 2018-12-31 | 24.75% |
| 2018-09-30 | 14.27% |
| 2018-06-30 | 5.40% |
| 2018-03-31 | 17.14% |
| 2017-12-31 | 39.66% |
| 2017-06-30 | 16.18% |
| 2017-03-31 | 4.45% |
| 2016-12-31 | 21.99% |
| 2016-06-30 | 26.08% |
| 2016-03-31 | 26.33% |
| 2015-12-31 | 2.21% |
| 2015-09-30 | 27.66% |
| 2015-06-30 | 29.67% |
| 2015-03-31 | 30.67% |
| 2014-12-31 | 29.80% |
| 2014-09-30 | 24.28% |
| 2014-06-30 | 26.88% |
| 2014-03-31 | 27.35% |
| 2013-12-31 | 20.07% |
| 2013-09-30 | 12.93% |
| 2013-06-30 | 25.03% |
| 2013-03-31 | -216.51% |
| 2012-12-31 | 65.35% |
| 2012-09-30 | 20.04% |
| 2012-06-30 | 30.85% |
| 2012-03-31 | 27.40% |
| 2011-12-31 | 13.95% |
| 2011-09-30 | 31.72% |
| 2011-06-30 | 35.28% |
| 2011-03-31 | 32.24% |
| 2010-12-31 | 17.95% |
| 2010-06-30 | 35.34% |
| 2010-03-31 | 28.78% |
| 2009-12-31 | 33.34% |
| 2009-09-30 | 27.85% |
| 2009-06-30 | 34.99% |
| 2009-03-31 | 31.42% |
| 2008-12-31 | 36.88% |
| 2008-09-30 | 29.71% |
| 2008-06-30 | 36.45% |
| 2008-03-31 | 36.03% |
| 2007-12-31 | 33.52% |
| 2007-09-30 | 30.57% |
| 2007-06-30 | 35.01% |
| 2007-03-31 | 34.99% |
| 2006-12-31 | 35.50% |
| 2006-09-30 | 36.36% |
| 2006-06-30 | 35.65% |
| 2006-03-31 | 36.01% |
| 2005-12-31 | 27.99% |
| 2005-09-30 | 34.64% |
| 2005-06-30 | 35.96% |
| 2005-03-31 | 36.02% |
| 2004-12-31 | 36.67% |
| 2004-09-30 | 32.75% |
| 2004-06-30 | 37.23% |
| 2004-03-31 | 36.69% |
| 2003-12-31 | 36.43% |
| 2003-09-30 | 35.47% |
| 2003-06-30 | 36.37% |
| 2003-03-31 | 35.68% |
| 2002-12-31 | 31.79% |
| 2002-09-30 | 32.57% |
