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 6.34% is 63% below its 5-year average of 16.95%, near the low end of its 5-year range (6.34%–20.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 57.17% below its 12-month average of 14.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
6.34%
TAX RATE AVG TTM
14.79%
TAX RATE AVG 3Y
16.82%
TAX RATE AVG 5Y
16.95%
TAX RATE AVG 10Y
17.05%
TAX RATE AVG 15Y
22.12%
TAX RATE AVG 20Y
24.55%
CURRENT VS TTM AVG
-57.17%
CURRENT VS 3Y AVG
-62.32%
CURRENT VS 5Y AVG
-62.62%
CURRENT VS 10Y AVG
-62.84%
CURRENT VS 15Y AVG
-71.35%
CURRENT VS 20Y AVG
-74.19%
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 | 6.34% |
| 2026-03-31 | 15.05% |
| 2025-12-31 | 17.99% |
| 2025-09-30 | 16.86% |
| 2025-06-30 | 17.73% |
| 2025-03-31 | 16.78% |
| 2024-12-31 | 18.50% |
| 2024-09-30 | 13.64% |
| 2024-06-30 | 17.98% |
| 2024-03-31 | 16.53% |
| 2023-09-30 | 16.19% |
| 2023-06-30 | 17.73% |
| 2023-03-31 | 15.63% |
| 2022-12-31 | 15.17% |
| 2022-09-30 | 16.06% |
| 2022-06-30 | 17.74% |
| 2022-03-31 | 16.52% |
| 2021-12-31 | 18.98% |
| 2021-09-30 | 16.63% |
| 2021-06-30 | 20.35% |
| 2021-03-31 | 27.22% |
| 2020-12-31 | -8.20% |
| 2020-09-30 | 15.51% |
| 2020-06-30 | 16.46% |
| 2020-03-31 | 17.57% |
| 2019-09-30 | 11.56% |
| 2019-06-30 | 16.25% |
| 2019-03-31 | 16.54% |
| 2018-12-31 | 16.31% |
| 2018-09-30 | 7.52% |
| 2018-06-30 | 18.85% |
| 2018-03-31 | 15.15% |
| 2017-12-31 | 73.98% |
| 2017-09-30 | 17.83% |
| 2017-06-30 | 31.60% |
| 2017-03-31 | 17.21% |
| 2016-12-31 | 29.81% |
| 2016-09-30 | 21.72% |
| 2016-06-30 | 29.18% |
| 2016-03-31 | 17.75% |
| 2015-12-31 | 26.09% |
| 2015-09-30 | 29.22% |
| 2015-06-30 | 27.85% |
| 2015-03-31 | 31.25% |
| 2014-12-31 | 27.82% |
| 2014-09-30 | 31.84% |
| 2014-06-30 | 32.41% |
| 2014-03-31 | 26.34% |
| 2013-12-31 | 32.39% |
| 2013-09-30 | 30.97% |
| 2013-06-30 | 32.60% |
| 2013-03-31 | 31.32% |
| 2012-12-31 | 32.27% |
| 2012-09-30 | 33.96% |
| 2012-06-30 | 33.98% |
| 2012-03-31 | 33.07% |
| 2011-12-31 | 29.67% |
| 2011-09-30 | 31.13% |
| 2011-06-30 | 34.01% |
| 2011-03-31 | 34.56% |
| 2010-12-31 | 27.55% |
| 2010-09-30 | 34.45% |
| 2010-06-30 | -11.44% |
| 2010-03-31 | 33.24% |
| 2009-12-31 | 34.13% |
| 2009-09-30 | 21.45% |
| 2009-06-30 | 33.89% |
| 2009-03-31 | 34.07% |
| 2008-09-30 | 31.40% |
| 2008-06-30 | 34.64% |
| 2008-03-31 | 35.70% |
| 2007-12-31 | 34.62% |
| 2007-09-30 | 32.97% |
| 2007-06-30 | 29.45% |
| 2007-03-31 | 34.41% |
| 2006-12-31 | 33.48% |
| 2006-09-30 | 35.44% |
| 2006-06-30 | 24.96% |
| 2006-03-31 | 30.95% |
| 2005-12-31 | 27.89% |
| 2005-09-30 | 33.79% |
| 2005-06-30 | 33.94% |
| 2005-03-31 | 33.22% |
| 2004-12-31 | 35.55% |
| 2004-09-30 | 34.16% |
| 2004-06-30 | 25.90% |
| 2004-03-31 | 34.29% |
| 2003-12-31 | 30.95% |
| 2003-09-30 | 30.86% |
| 2003-06-30 | 31.00% |
| 2003-03-31 | 18.31% |
| 2002-12-31 | 32.34% |
| 2002-09-30 | 28.79% |
