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 26.07% is in line with its 5-year average of 28.21%, around the middle of its 5-year range (9.28%–44.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.44% above its 12-month average of 24.96%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
26.07%
TAX RATE AVG TTM
24.96%
TAX RATE AVG 3Y
24.76%
TAX RATE AVG 5Y
28.21%
TAX RATE AVG 10Y
27.76%
TAX RATE AVG 15Y
29.04%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+4.44%
CURRENT VS 3Y AVG
+5.29%
CURRENT VS 5Y AVG
-7.58%
CURRENT VS 10Y AVG
-6.08%
CURRENT VS 15Y AVG
-10.21%
CURRENT VS 20Y AVG
N/A
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 | 26.07% |
| 2025-12-31 | 19.41% |
| 2025-06-30 | 29.41% |
| 2024-12-31 | 27.74% |
| 2024-06-30 | 28.41% |
| 2023-12-31 | 9.28% |
| 2023-06-30 | 33.02% |
| 2022-12-31 | 31.82% |
| 2022-06-30 | 26.39% |
| 2021-12-31 | 34.45% |
| 2021-06-30 | 44.33% |
| 2020-12-31 | 0.00% |
| 2020-06-30 | 36.14% |
| 2019-12-31 | 28.67% |
| 2019-06-30 | 32.17% |
| 2018-12-31 | 22.53% |
| 2018-06-30 | 28.17% |
| 2017-12-31 | 25.16% |
| 2017-06-30 | 22.61% |
| 2016-12-31 | 22.61% |
| 2016-06-30 | 26.78% |
| 2015-12-31 | 37.06% |
| 2015-06-30 | 25.87% |
| 2014-12-31 | 29.71% |
| 2014-06-30 | 30.11% |
| 2013-12-31 | 32.86% |
| 2013-06-30 | 37.49% |
| 2012-12-31 | 48.75% |
| 2012-06-30 | 26.53% |
| 2011-12-31 | 32.53% |
| 2011-06-30 | 30.30% |
| 2010-12-31 | 41.84% |
| 2010-06-30 | 30.26% |
| 2009-12-31 | 25.11% |
| 2009-06-30 | 40.49% |
