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 50.41% is 92% above its 4-year average of 26.30%, near the high end of its 4-year range (16.34%–50.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 49.79% above its 12-month average of 33.66%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
50.41%
TAX RATE AVG TTM
33.66%
TAX RATE AVG 3Y
28.37%
TAX RATE AVG 5Y
26.30%
TAX RATE AVG 10Y
24.13%
TAX RATE AVG 15Y
32.38%
TAX RATE AVG 20Y
33.74%
CURRENT VS TTM AVG
+49.79%
CURRENT VS 3Y AVG
+77.68%
CURRENT VS 5Y AVG
+91.65%
CURRENT VS 10Y AVG
+108.96%
CURRENT VS 15Y AVG
+55.70%
CURRENT VS 20Y AVG
+49.43%
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 | 50.41% |
| 2026-03-31 | 25.02% |
| 2025-12-31 | 25.53% |
| 2025-03-31 | 28.20% |
| 2024-12-31 | 28.39% |
| 2024-03-31 | 27.61% |
| 2023-12-31 | 25.48% |
| 2023-06-30 | 16.34% |
| 2023-03-31 | 25.97% |
| 2022-12-31 | 25.60% |
| 2022-06-30 | 21.51% |
| 2022-03-31 | 25.18% |
| 2021-12-31 | 26.07% |
| 2021-03-31 | 25.64% |
| 2020-12-31 | 23.40% |
| 2020-03-31 | 22.64% |
| 2019-12-31 | 16.69% |
| 2019-06-30 | 23.36% |
| 2019-03-31 | 16.65% |
| 2018-12-31 | 26.11% |
| 2018-03-31 | 27.13% |
| 2017-06-30 | 37.95% |
| 2017-03-31 | 40.04% |
| 2016-12-31 | 40.72% |
| 2016-06-30 | 40.64% |
| 2016-03-31 | 40.93% |
| 2015-12-31 | 40.01% |
| 2015-06-30 | 39.16% |
| 2015-03-31 | 40.12% |
| 2014-12-31 | 42.00% |
| 2014-06-30 | 42.14% |
| 2014-03-31 | 41.60% |
| 2013-12-31 | 40.82% |
| 2013-06-30 | 38.63% |
| 2013-03-31 | 40.82% |
| 2012-12-31 | 39.29% |
| 2012-06-30 | 38.63% |
| 2012-03-31 | 40.70% |
| 2011-12-31 | 40.51% |
| 2011-06-30 | 37.50% |
| 2011-03-31 | 40.59% |
| 2010-12-31 | 40.74% |
| 2010-06-30 | 38.58% |
| 2010-03-31 | 40.79% |
| 2009-12-31 | 38.69% |
| 2009-06-30 | 31.98% |
| 2009-03-31 | 37.84% |
| 2008-12-31 | 36.99% |
| 2008-06-30 | 34.84% |
| 2008-03-31 | 37.32% |
| 2007-12-31 | 37.57% |
| 2007-06-30 | 36.06% |
| 2007-03-31 | 37.19% |
| 2006-12-31 | 36.86% |
| 2006-06-30 | 34.32% |
| 2006-03-31 | 36.36% |
| 2005-12-31 | 36.44% |
| 2005-06-30 | 30.70% |
| 2005-03-31 | 36.45% |
| 2004-12-31 | 34.14% |
| 2004-03-31 | 36.36% |
| 2003-12-31 | 34.02% |
| 2003-06-30 | 33.92% |
| 2003-03-31 | 35.61% |
| 2002-12-31 | 34.15% |
