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 18.04% is in line with its 5-year average of 16.49%, near the high end of its 5-year range (-4.32%–26.79%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.54% above its 12-month average of 15.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.04%
TAX RATE AVG TTM
15.62%
TAX RATE AVG 3Y
18.26%
TAX RATE AVG 5Y
17.53%
TAX RATE AVG 10Y
18.43%
TAX RATE AVG 15Y
24.54%
TAX RATE AVG 20Y
27.57%
CURRENT VS TTM AVG
+15.54%
CURRENT VS 3Y AVG
-1.21%
CURRENT VS 5Y AVG
+2.93%
CURRENT VS 10Y AVG
-2.11%
CURRENT VS 15Y AVG
-26.47%
CURRENT VS 20Y AVG
-34.54%
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 | 18.04% |
| 2026-03-31 | -4.32% |
| 2025-12-31 | 26.79% |
| 2025-09-30 | 17.94% |
| 2025-06-30 | 19.64% |
| 2025-03-31 | 12.83% |
| 2024-12-31 | 15.92% |
| 2024-09-30 | 21.30% |
| 2024-06-30 | 21.54% |
| 2024-03-31 | 13.50% |
| 2023-12-31 | 13.78% |
| 2023-09-30 | 18.26% |
| 2023-06-30 | 19.64% |
| 2023-03-31 | 13.62% |
| 2022-12-31 | 19.08% |
| 2022-09-30 | 19.54% |
| 2022-06-30 | 19.01% |
| 2022-03-31 | 8.24% |
| 2021-12-31 | 21.12% |
| 2021-09-30 | 15.34% |
| 2021-06-30 | 15.47% |
| 2021-03-31 | 8.89% |
| 2020-12-31 | 19.96% |
| 2020-09-30 | 3.54% |
| 2020-06-30 | 17.28% |
| 2020-03-31 | 9.04% |
| 2019-12-31 | 16.21% |
| 2019-09-30 | 18.82% |
| 2019-06-30 | 21.32% |
| 2019-03-31 | -38.90% |
| 2018-12-31 | 18.77% |
| 2018-09-30 | 15.67% |
| 2018-06-30 | 25.26% |
| 2018-03-31 | 17.46% |
| 2017-12-31 | 49.12% |
| 2017-09-30 | 29.51% |
| 2017-06-30 | 30.84% |
| 2017-03-31 | 28.22% |
| 2016-12-31 | 29.71% |
| 2016-09-30 | 33.06% |
| 2016-06-30 | 33.41% |
| 2016-03-31 | 33.50% |
| 2015-12-31 | 29.77% |
| 2015-09-30 | 34.98% |
| 2015-06-30 | 35.92% |
| 2015-03-31 | 36.10% |
| 2014-12-31 | 38.82% |
| 2014-09-30 | 35.34% |
| 2014-06-30 | 32.44% |
| 2014-03-31 | 35.88% |
| 2013-12-31 | 44.12% |
| 2013-09-30 | 35.87% |
| 2013-06-30 | 33.10% |
| 2013-03-31 | 29.46% |
| 2012-12-31 | 38.34% |
| 2012-09-30 | 36.14% |
| 2012-06-30 | 34.43% |
| 2012-03-31 | 35.57% |
| 2011-12-31 | 36.56% |
| 2011-09-30 | 29.18% |
| 2011-06-30 | 34.44% |
| 2011-03-31 | 37.16% |
| 2010-11-30 | 40.75% |
| 2010-08-31 | 49.97% |
| 2010-05-31 | 36.58% |
| 2010-02-28 | 37.23% |
| 2009-11-30 | 38.13% |
| 2009-08-31 | 37.93% |
| 2009-05-31 | 38.64% |
| 2009-02-28 | 36.62% |
| 2008-11-30 | 37.06% |
| 2008-08-31 | 37.38% |
| 2008-05-31 | 38.68% |
| 2008-02-29 | 37.59% |
| 2007-11-30 | 46.51% |
| 2007-08-31 | 35.06% |
| 2007-05-31 | 37.39% |
