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 25.67% is 26% above its 5-year average of 20.36%, near the high end of its 5-year range (9.28%–25.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.67% above its 12-month average of 23.20%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.67%
TAX RATE AVG TTM
23.20%
TAX RATE AVG 3Y
21.63%
TAX RATE AVG 5Y
20.36%
TAX RATE AVG 10Y
23.94%
TAX RATE AVG 15Y
23.90%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+10.67%
CURRENT VS 3Y AVG
+18.66%
CURRENT VS 5Y AVG
+26.09%
CURRENT VS 10Y AVG
+7.25%
CURRENT VS 15Y AVG
+7.43%
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 | 25.67% |
| 2025-12-31 | 20.25% |
| 2025-06-30 | 23.67% |
| 2024-12-31 | 23.27% |
| 2024-06-30 | 22.50% |
| 2023-12-31 | 12.79% |
| 2023-06-30 | 23.29% |
| 2022-12-31 | 24.13% |
| 2022-06-30 | 21.72% |
| 2021-12-31 | 9.28% |
| 2021-06-30 | 17.38% |
| 2020-12-31 | 20.91% |
| 2020-06-30 | 27.05% |
| 2019-12-31 | 16.39% |
| 2019-06-30 | 27.46% |
| 2018-12-31 | 25.08% |
| 2018-06-30 | 24.46% |
| 2017-12-31 | 31.22% |
| 2017-06-30 | 24.71% |
| 2016-12-31 | 31.68% |
| 2016-06-30 | 34.74% |
| 2015-12-31 | 27.48% |
| 2015-06-30 | 24.21% |
| 2014-12-31 | 14.76% |
| 2014-06-30 | 25.10% |
| 2013-12-31 | 22.73% |
| 2013-06-30 | 24.74% |
| 2012-12-31 | 23.68% |
| 2012-06-30 | 26.39% |
