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 24.77% is 40% above its 5-year average of 17.71%, around the middle of its 5-year range (-37.82%–73.27%).
As of the fiscal period ended Tuesday, June 30, 2026. 107.45% above its 12-month average of 11.94%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.77%
TAX RATE AVG TTM
11.94%
TAX RATE AVG 3Y
12.34%
TAX RATE AVG 5Y
20.68%
TAX RATE AVG 10Y
25.33%
TAX RATE AVG 15Y
30.51%
TAX RATE AVG 20Y
27.68%
CURRENT VS TTM AVG
+107.45%
CURRENT VS 3Y AVG
+100.78%
CURRENT VS 5Y AVG
+19.82%
CURRENT VS 10Y AVG
-2.20%
CURRENT VS 15Y AVG
-18.79%
CURRENT VS 20Y AVG
-10.51%
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 | 24.77% |
| 2026-03-31 | -23.83% |
| 2025-12-31 | 12.06% |
| 2025-09-30 | 21.32% |
| 2025-06-30 | 25.38% |
| 2025-03-31 | -37.82% |
| 2024-12-31 | 12.16% |
| 2024-09-30 | 23.03% |
| 2024-06-30 | 30.65% |
| 2023-09-30 | 33.09% |
| 2023-06-30 | 14.90% |
| 2022-12-31 | 73.27% |
| 2022-09-30 | 18.39% |
| 2022-06-30 | 10.92% |
| 2021-12-31 | 16.77% |
| 2021-09-30 | 19.69% |
| 2021-06-30 | 26.32% |
| 2021-03-31 | 30.72% |
| 2020-12-31 | 26.53% |
| 2020-09-30 | 25.74% |
| 2020-06-30 | 26.74% |
| 2020-03-31 | 1.16% |
| 2019-12-31 | 17.78% |
| 2019-09-30 | 24.98% |
| 2019-06-30 | 24.84% |
| 2019-03-31 | 21.82% |
| 2018-12-31 | 51.71% |
| 2018-09-30 | 17.23% |
| 2018-06-30 | 30.80% |
| 2018-03-31 | 29.60% |
| 2017-12-31 | -179.54% |
| 2017-09-30 | 40.32% |
| 2017-06-30 | 39.95% |
| 2017-03-31 | 40.24% |
| 2016-12-31 | 40.10% |
| 2016-09-30 | 40.71% |
| 2016-06-30 | 41.87% |
| 2015-09-30 | 45.44% |
| 2014-12-31 | 40.02% |
| 2014-09-30 | 38.01% |
| 2014-06-30 | 38.07% |
| 2014-03-31 | 37.98% |
| 2013-12-31 | 38.39% |
| 2013-09-30 | 38.83% |
| 2013-06-30 | 38.00% |
| 2013-03-31 | 38.99% |
| 2012-12-31 | 39.74% |
| 2012-09-30 | 39.41% |
| 2012-06-30 | 39.73% |
| 2012-03-31 | 39.75% |
| 2011-12-31 | 42.88% |
| 2011-09-30 | 38.23% |
| 2011-06-30 | 39.00% |
| 2011-03-31 | 39.00% |
| 2010-12-31 | 41.89% |
| 2010-09-30 | 40.83% |
| 2010-06-30 | 41.10% |
| 2010-03-31 | 40.60% |
| 2009-12-31 | 28.88% |
| 2009-09-30 | 2.33% |
| 2009-06-30 | 1.98% |
| 2009-03-31 | 0.84% |
| 2008-12-31 | 1.74% |
| 2008-09-30 | 0.42% |
| 2008-06-30 | 2.51% |
| 2008-03-31 | 0.41% |
| 2007-12-31 | 36.20% |
| 2007-06-30 | 0.24% |
| 2007-03-31 | 25.78% |
| 2006-12-31 | 207.42% |
| 2006-09-30 | 116.34% |
| 2006-06-30 | 228.28% |
| 2006-03-31 | 101.36% |
| 2005-12-31 | 124.19% |
| 2005-09-30 | 9.27% |
| 2005-06-30 | -26.11% |
| 2004-12-31 | 215.03% |
| 2004-09-30 | 41.65% |
| 2004-06-30 | -17.71% |
| 2003-09-30 | 41.38% |
| 2003-06-30 | 42.50% |
| 2002-09-30 | 36.52% |