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 25.74% is in line with its 5-year average of 27.75%, around the middle of its 5-year range (14.44%–42.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.01% below its 12-month average of 26.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.74%
TAX RATE AVG TTM
26.27%
TAX RATE AVG 3Y
28.03%
TAX RATE AVG 5Y
28.26%
TAX RATE AVG 10Y
28.00%
TAX RATE AVG 15Y
32.19%
TAX RATE AVG 20Y
33.48%
CURRENT VS TTM AVG
-2.01%
CURRENT VS 3Y AVG
-8.15%
CURRENT VS 5Y AVG
-8.90%
CURRENT VS 10Y AVG
-8.07%
CURRENT VS 15Y AVG
-20.04%
CURRENT VS 20Y AVG
-23.11%
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 | 25.74% |
| 2026-03-31 | 26.90% |
| 2025-12-31 | 21.22% |
| 2025-09-30 | 28.25% |
| 2025-06-30 | 29.22% |
| 2025-03-31 | 28.87% |
| 2024-12-31 | 40.93% |
| 2024-09-30 | 42.53% |
| 2024-03-31 | 18.00% |
| 2023-12-31 | 32.26% |
| 2023-09-30 | 30.25% |
| 2023-06-30 | 29.51% |
| 2023-03-31 | 14.44% |
| 2022-12-31 | 31.31% |
| 2022-09-30 | 29.39% |
| 2022-06-30 | 29.39% |
| 2022-03-31 | 15.37% |
| 2021-12-31 | 29.86% |
| 2021-09-30 | 24.62% |
| 2021-06-30 | 27.04% |
| 2021-03-31 | 26.17% |
| 2020-12-31 | 27.97% |
| 2020-09-30 | 27.45% |
| 2020-06-30 | 27.07% |
| 2020-03-31 | 29.07% |
| 2019-12-31 | 29.95% |
| 2019-09-30 | 26.41% |
| 2019-06-30 | 27.95% |
| 2019-03-31 | 27.78% |
| 2018-12-31 | 26.10% |
| 2018-09-30 | 26.61% |
| 2018-06-30 | 28.79% |
| 2018-03-31 | 28.87% |
| 2017-12-31 | -26.73% |
| 2017-09-30 | 44.81% |
| 2017-06-30 | 67.30% |
| 2017-03-31 | -42.69% |
| 2016-12-31 | 51.10% |
| 2016-09-30 | 40.41% |
| 2016-06-30 | 37.85% |
| 2016-03-31 | 38.60% |
| 2015-12-31 | 40.79% |
| 2015-09-30 | 39.37% |
| 2015-06-30 | 36.99% |
| 2015-03-31 | 36.91% |
| 2014-12-31 | 36.64% |
| 2014-09-30 | 36.75% |
| 2014-06-30 | 37.35% |
| 2014-03-31 | 37.35% |
| 2013-12-31 | 35.72% |
| 2013-09-30 | 35.57% |
| 2013-06-30 | 37.59% |
| 2013-03-31 | 37.94% |
| 2012-12-31 | 36.83% |
| 2012-09-30 | 36.54% |
| 2012-06-30 | 38.17% |
| 2012-03-31 | 38.02% |
| 2011-12-31 | 36.86% |
| 2011-09-30 | 35.31% |
| 2011-06-30 | 36.25% |
| 2011-03-31 | 39.35% |
| 2010-12-31 | 35.88% |
| 2010-09-30 | 32.65% |
| 2010-06-30 | 40.01% |
| 2010-03-31 | 38.07% |
| 2009-12-31 | 35.54% |
| 2009-09-30 | 27.16% |
| 2009-06-30 | 40.63% |
| 2009-03-31 | 40.83% |
| 2008-12-31 | 38.24% |
| 2008-09-30 | 40.99% |
| 2008-06-30 | 41.00% |
| 2008-03-31 | 41.00% |
| 2007-09-30 | 40.99% |
| 2007-06-30 | 42.91% |
| 1999-09-30 | 39.71% |
| 1999-06-30 | 40.35% |
| 1999-03-31 | 40.00% |
| 1998-12-31 | 35.90% |
| 1998-09-30 | 39.47% |
| 1998-06-30 | 40.00% |
| 1998-03-31 | 38.89% |
| 1997-12-31 | 39.29% |
| 1997-09-30 | 40.63% |
| 1997-06-30 | 39.29% |
| 1997-03-31 | 41.67% |
| 1996-12-31 | 37.50% |
| 1996-09-30 | 37.50% |
| 1996-06-30 | 38.10% |
| 1996-03-31 | 33.33% |
| 1995-12-31 | 40.00% |
| 1995-09-30 | 40.00% |
| 1995-06-30 | 41.18% |
