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 17.27% is 44% below its 5-year average of 31.05%, near the low end of its 5-year range (17.27%–39.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.98% below its 12-month average of 30.28%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.27%
TAX RATE AVG TTM
30.28%
TAX RATE AVG 3Y
32.93%
TAX RATE AVG 5Y
31.86%
TAX RATE AVG 10Y
31.91%
TAX RATE AVG 15Y
31.28%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-42.98%
CURRENT VS 3Y AVG
-47.57%
CURRENT VS 5Y AVG
-45.81%
CURRENT VS 10Y AVG
-45.90%
CURRENT VS 15Y AVG
-44.80%
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 | 17.27% |
| 2026-03-31 | 35.98% |
| 2025-12-31 | 34.06% |
| 2025-09-30 | 29.25% |
| 2025-06-30 | 34.85% |
| 2025-03-31 | 29.14% |
| 2024-12-31 | 28.84% |
| 2024-09-30 | 29.05% |
| 2024-06-30 | 35.45% |
| 2024-03-31 | 33.33% |
| 2023-12-31 | 33.33% |
| 2023-09-30 | 38.95% |
| 2023-03-31 | 35.16% |
| 2022-12-31 | 39.35% |
| 2022-09-30 | 34.65% |
| 2022-03-31 | 21.80% |
| 2021-12-31 | 27.42% |
| 2021-09-30 | 21.01% |
| 2021-03-31 | 30.94% |
| 2020-12-31 | 24.57% |
| 2020-09-30 | 34.72% |
| 2019-12-31 | 33.55% |
| 2019-03-31 | 23.33% |
| 2018-12-31 | 31.61% |
| 2018-09-30 | 28.09% |
| 2017-12-31 | 139.05% |
| 2017-09-30 | 38.30% |
| 2017-03-31 | 100.00% |
| 2016-06-30 | 43.00% |
| 2015-12-31 | 31.61% |
| 2015-09-30 | -175.00% |
| 2015-03-31 | 30.86% |
| 2014-12-31 | 26.32% |
| 2014-09-30 | 30.13% |
| 2014-06-30 | -20.83% |
| 2014-03-31 | 1.61% |
| 2013-03-31 | 1.48% |
| 2012-12-31 | -0.28% |
| 2012-03-31 | 32.76% |
| 2011-12-31 | 33.06% |
| 2011-09-30 | 31.82% |