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 16.40% is 60% above its 5-year average of 10.25%, near the high end of its 5-year range (-40.54%–19.31%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.03% above its 12-month average of 16.07%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.40%
TAX RATE AVG TTM
16.07%
TAX RATE AVG 3Y
14.05%
TAX RATE AVG 5Y
14.00%
TAX RATE AVG 10Y
13.99%
TAX RATE AVG 15Y
20.55%
TAX RATE AVG 20Y
25.64%
CURRENT VS TTM AVG
+2.03%
CURRENT VS 3Y AVG
+16.70%
CURRENT VS 5Y AVG
+17.13%
CURRENT VS 10Y AVG
+17.21%
CURRENT VS 15Y AVG
-20.18%
CURRENT VS 20Y AVG
-36.05%
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 | 16.40% |
| 2026-03-31 | 19.31% |
| 2025-12-31 | 12.62% |
| 2025-09-30 | 18.09% |
| 2025-06-30 | 13.94% |
| 2025-03-31 | 10.06% |
| 2024-12-31 | 12.45% |
| 2024-09-30 | 12.56% |
| 2024-06-30 | 14.58% |
| 2024-03-31 | 10.80% |
| 2023-12-31 | 18.32% |
| 2023-09-30 | 12.13% |
| 2023-06-30 | 11.42% |
| 2023-03-31 | 11.15% |
| 2022-12-31 | -40.54% |
| 2022-09-30 | 13.79% |
| 2022-06-30 | 11.22% |
| 2022-03-31 | 19.31% |
| 2021-12-31 | -10.27% |
| 2021-09-30 | 12.76% |
| 2021-06-30 | 15.11% |
| 2021-03-31 | 16.11% |
| 2020-12-31 | -7.06% |
| 2020-09-30 | 8.30% |
| 2020-06-30 | 30.46% |
| 2020-03-31 | 10.91% |
| 2019-12-31 | -293.06% |
| 2019-09-30 | 34.29% |
| 2019-06-30 | 45.97% |
| 2019-03-31 | 13.91% |
| 2018-12-31 | -12.18% |
| 2018-09-30 | -6.34% |
| 2018-06-30 | 10.33% |
| 2018-03-31 | 3.17% |
| 2017-12-31 | -41.26% |
| 2017-09-30 | -11.49% |
| 2017-06-30 | -369.85% |
| 2017-03-31 | 20.36% |
| 2016-12-31 | 26.06% |
| 2016-09-30 | 34.89% |
| 2016-06-30 | 20.45% |
| 2016-03-31 | 30.65% |
| 2015-12-31 | -108.28% |
| 2015-09-30 | 30.32% |
| 2015-06-30 | 34.96% |
| 2015-03-31 | 38.33% |
| 2014-12-31 | -83.17% |
| 2014-09-30 | 39.21% |
| 2014-06-30 | 39.49% |
| 2014-03-31 | 40.28% |
| 2013-12-31 | 34.57% |
| 2013-09-30 | 35.70% |
| 2013-06-30 | 36.82% |
| 2013-03-31 | -189.14% |
| 2012-12-31 | 47.01% |
| 2012-09-30 | 35.75% |
| 2012-06-30 | 42.15% |
| 2011-12-31 | 38.03% |
| 2011-09-30 | 33.29% |
| 2011-06-30 | 38.45% |
| 2011-03-31 | 38.69% |
| 2010-12-31 | 36.84% |
| 2010-09-30 | 41.95% |
| 2010-06-30 | 40.69% |
| 2010-03-31 | 40.63% |
| 2009-12-31 | 39.78% |
| 2009-09-30 | 40.28% |
| 2009-06-30 | 38.76% |
| 2009-03-31 | 40.22% |
| 2008-12-31 | 40.33% |
| 2008-09-30 | 41.69% |
| 2008-06-30 | 26.01% |
| 2008-03-31 | 40.81% |
| 2007-12-31 | 37.02% |
| 2007-09-30 | 40.95% |
| 2007-06-30 | 40.85% |
| 2007-03-31 | 40.45% |
| 2006-12-31 | 37.44% |
| 2006-09-30 | 41.22% |
| 2006-06-30 | 38.25% |
| 2006-03-31 | 39.12% |
| 2005-12-31 | -766.46% |
| 2005-09-30 | 0.74% |
| 2005-06-30 | 0.23% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
