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 24.68% is in line with its 5-year average of 23.96%, near the high end of its 5-year range (14.05%–25.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.08% above its 12-month average of 23.71%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.68%
TAX RATE AVG TTM
23.71%
TAX RATE AVG 3Y
23.39%
TAX RATE AVG 5Y
23.96%
TAX RATE AVG 10Y
23.77%
TAX RATE AVG 15Y
28.56%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+4.08%
CURRENT VS 3Y AVG
+5.48%
CURRENT VS 5Y AVG
+3.01%
CURRENT VS 10Y AVG
+3.83%
CURRENT VS 15Y AVG
-13.59%
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 | 24.68% |
| 2026-03-31 | 22.64% |
| 2025-12-31 | 21.78% |
| 2025-09-30 | 25.09% |
| 2025-06-30 | 24.36% |
| 2025-03-31 | 14.05% |
| 2024-12-31 | 19.85% |
| 2024-09-30 | 24.91% |
| 2024-06-30 | 25.05% |
| 2024-03-31 | 19.41% |
| 2023-12-31 | 23.59% |
| 2023-09-30 | 24.93% |
| 2023-06-30 | 24.42% |
| 2023-03-31 | 23.53% |
| 2022-12-31 | 22.26% |
| 2022-09-30 | 24.49% |
| 2022-06-30 | 24.04% |
| 2022-03-31 | 23.95% |
| 2021-12-31 | 22.78% |
| 2021-09-30 | 24.47% |
| 2021-06-30 | 24.24% |
| 2021-03-31 | 24.56% |
| 2020-12-31 | 24.41% |
| 2020-09-30 | 24.06% |
| 2020-06-30 | 24.26% |
| 2020-03-31 | 23.87% |
| 2019-12-31 | 23.10% |
| 2019-09-30 | 24.21% |
| 2019-06-30 | 24.48% |
| 2019-03-31 | 10.17% |
| 2018-12-31 | 22.89% |
| 2018-09-30 | 21.05% |
| 2018-06-30 | 25.04% |
| 2018-03-31 | 16.91% |
| 2017-12-31 | -143.79% |
| 2017-09-30 | 37.53% |
| 2017-06-30 | 38.25% |
| 2016-12-31 | 34.44% |
| 2016-09-30 | 36.60% |
| 2016-06-30 | 37.50% |
| 2016-03-31 | 38.37% |
| 2015-12-31 | 34.31% |
| 2015-09-30 | 36.19% |
| 2015-06-30 | 36.02% |
| 2015-03-31 | 42.54% |
| 2014-12-31 | 33.11% |
| 2014-09-30 | 37.77% |
| 2014-06-30 | 31.95% |
| 2014-03-31 | 38.75% |
| 2013-12-31 | 39.79% |
| 2013-09-30 | 33.72% |
| 2013-06-30 | 38.90% |
| 2013-03-31 | 41.10% |
| 2012-12-31 | 46.24% |
| 2012-09-30 | 44.44% |
| 2012-06-30 | 39.64% |
