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 25.00% is in line with its 5-year average of 24.96%, near the high end of its 5-year range (21.49%–26.02%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.48% above its 12-month average of 24.88%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.00%
TAX RATE AVG TTM
24.88%
TAX RATE AVG 3Y
24.69%
TAX RATE AVG 5Y
24.96%
TAX RATE AVG 10Y
25.19%
TAX RATE AVG 15Y
30.57%
TAX RATE AVG 20Y
32.64%
CURRENT VS TTM AVG
+0.48%
CURRENT VS 3Y AVG
+1.27%
CURRENT VS 5Y AVG
+0.17%
CURRENT VS 10Y AVG
-0.73%
CURRENT VS 15Y AVG
-18.21%
CURRENT VS 20Y AVG
-23.40%
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 | 25.00% |
| 2026-03-31 | 25.00% |
| 2025-12-31 | 24.80% |
| 2025-09-30 | 24.80% |
| 2025-06-30 | 24.80% |
| 2025-03-31 | 24.80% |
| 2024-12-31 | 21.49% |
| 2024-09-30 | 23.45% |
| 2024-06-30 | 24.48% |
| 2024-03-31 | 25.60% |
| 2023-12-31 | 24.10% |
| 2023-09-30 | 23.99% |
| 2023-06-30 | 25.40% |
| 2023-03-31 | 25.80% |
| 2022-12-31 | 25.02% |
| 2022-09-30 | 23.92% |
| 2022-06-30 | 26.00% |
| 2022-03-31 | 26.00% |
| 2021-12-31 | 25.01% |
| 2021-09-30 | 25.15% |
| 2021-06-30 | 26.02% |
| 2021-03-31 | 25.97% |
| 2020-12-31 | 25.06% |
| 2020-09-30 | 24.77% |
| 2020-06-30 | 25.73% |
| 2020-03-31 | 26.30% |
| 2019-12-31 | 24.04% |
| 2019-09-30 | 24.86% |
| 2019-06-30 | 26.11% |
| 2019-03-31 | 26.09% |
| 2018-12-31 | 26.64% |
| 2018-09-30 | 24.33% |
| 2018-06-30 | 26.21% |
| 2018-03-31 | 25.87% |
| 2017-12-31 | -37.11% |
| 2017-09-30 | 37.81% |
| 2017-06-30 | 38.60% |
| 2017-03-31 | 38.60% |
| 2016-12-31 | 38.46% |
| 2016-09-30 | 37.20% |
| 2016-06-30 | 38.40% |
| 2016-03-31 | 38.40% |
| 2015-12-31 | 35.49% |
| 2015-09-30 | 38.35% |
| 2015-06-30 | 38.60% |
| 2015-03-31 | 38.60% |
| 2014-12-31 | 36.68% |
| 2014-09-30 | 37.10% |
| 2014-06-30 | 39.00% |
| 2014-03-31 | 40.59% |
| 2013-12-31 | 37.18% |
| 2013-09-30 | 36.85% |
| 2013-06-30 | 38.60% |
| 2013-03-31 | 36.12% |
| 2012-12-31 | 38.58% |
| 2012-09-30 | 34.86% |
| 2012-06-30 | 39.50% |
| 2012-03-31 | 39.50% |
| 2011-12-31 | 34.24% |
| 2011-09-30 | 38.80% |
| 2011-06-30 | 35.26% |
| 2011-03-31 | 39.20% |
| 2010-12-31 | 37.16% |
| 2010-09-30 | 40.00% |
| 2010-06-30 | 40.00% |
| 2010-03-31 | 40.00% |
| 2009-12-31 | 37.53% |
| 2009-09-30 | 39.11% |
| 2009-06-30 | 40.05% |
| 2009-03-31 | 39.33% |
| 2008-12-31 | 39.27% |
| 2008-09-30 | 39.00% |
| 2008-06-30 | 39.00% |
| 2008-03-31 | 39.00% |
| 2007-12-31 | 38.34% |
| 2007-09-30 | 36.05% |
| 2007-06-30 | 39.50% |
| 2007-03-31 | 37.66% |
| 2006-12-31 | 37.25% |
| 2006-09-30 | 39.45% |
| 2006-06-30 | 40.00% |
| 2006-03-31 | 40.00% |
| 2005-12-31 | 40.34% |
| 2005-09-30 | 40.30% |
| 2005-06-30 | 40.30% |
| 2005-03-31 | 40.30% |
| 2004-12-31 | 40.41% |
| 2004-09-30 | 39.32% |
| 2004-06-30 | 39.52% |
| 2004-03-31 | 39.00% |
| 2003-12-31 | 37.93% |
| 2003-09-30 | 39.50% |
| 2003-06-30 | 39.50% |
| 2003-03-31 | 39.49% |
| 2002-12-31 | 39.00% |
| 2002-09-30 | 38.99% |
