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 22.25% is 14% above its 5-year average of 19.51%, around the middle of its 5-year range (11.38%–32.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.76% above its 12-month average of 20.09%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.25%
TAX RATE AVG TTM
20.09%
TAX RATE AVG 3Y
19.34%
TAX RATE AVG 5Y
19.51%
TAX RATE AVG 10Y
22.22%
TAX RATE AVG 15Y
24.05%
TAX RATE AVG 20Y
25.23%
CURRENT VS TTM AVG
+10.76%
CURRENT VS 3Y AVG
+15.07%
CURRENT VS 5Y AVG
+14.03%
CURRENT VS 10Y AVG
+0.13%
CURRENT VS 15Y AVG
-7.47%
CURRENT VS 20Y AVG
-11.80%
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 | 22.25% |
| 2026-03-31 | 20.75% |
| 2025-12-31 | 23.08% |
| 2025-09-30 | 17.21% |
| 2025-06-30 | 17.16% |
| 2025-03-31 | 18.85% |
| 2024-12-31 | 11.38% |
| 2024-09-30 | 18.61% |
| 2024-06-30 | 22.50% |
| 2024-03-31 | 23.13% |
| 2023-12-31 | 12.15% |
| 2023-09-30 | 32.20% |
| 2023-06-30 | 24.98% |
| 2023-03-31 | 16.92% |
| 2022-12-31 | 14.09% |
| 2022-09-30 | 21.87% |
| 2022-06-30 | 20.20% |
| 2022-03-31 | 20.07% |
| 2021-12-31 | 21.01% |
| 2021-09-30 | 22.12% |
| 2021-06-30 | 21.94% |
| 2021-03-31 | 21.17% |
| 2020-12-31 | 22.44% |
| 2020-09-30 | 20.80% |
| 2020-06-30 | 20.49% |
| 2020-03-31 | 23.07% |
| 2019-12-31 | 25.90% |
| 2019-09-30 | 23.69% |
| 2019-06-30 | 20.05% |
| 2019-03-31 | 22.46% |
| 2018-12-31 | 21.57% |
| 2018-09-30 | 22.79% |
| 2018-06-30 | 21.91% |
| 2018-03-31 | 25.34% |
| 2017-12-31 | 74.00% |
| 2017-09-30 | 28.42% |
| 2017-06-30 | 27.22% |
| 2017-03-31 | 24.85% |
| 2016-12-31 | 27.29% |
| 2016-09-30 | 27.71% |
| 2016-06-30 | 28.30% |
| 2016-03-31 | 28.19% |
| 2015-12-31 | 24.09% |
| 2015-09-30 | 27.38% |
| 2015-06-30 | 27.94% |
| 2015-03-31 | 29.97% |
| 2014-12-31 | 28.30% |
| 2014-09-30 | 29.46% |
| 2014-06-30 | 28.41% |
| 2014-03-31 | 28.83% |
| 2013-12-31 | 30.49% |
| 2013-09-30 | 28.38% |
| 2013-06-30 | 28.90% |
| 2013-03-31 | 29.61% |
| 2012-12-31 | 26.72% |
| 2012-09-30 | 31.89% |
| 2012-06-30 | 29.10% |
| 2012-03-31 | 30.03% |
| 2011-06-30 | 29.08% |
| 2011-03-31 | 28.88% |
| 2010-12-31 | 28.37% |
| 2010-09-30 | 27.84% |
| 2010-06-30 | 23.89% |
| 2010-03-31 | 29.61% |
| 2009-12-31 | 28.52% |
| 2009-09-30 | 29.48% |
| 2009-06-30 | 28.58% |
| 2009-03-31 | 29.83% |
| 2008-12-31 | 28.38% |
| 2008-09-30 | 23.64% |
| 2008-06-30 | 31.02% |
| 2008-03-31 | 29.60% |
| 2007-12-31 | 28.16% |
| 2007-09-30 | 28.28% |
| 2007-06-30 | 30.17% |
| 2007-03-31 | 29.14% |
| 2001-09-30 | 22.45% |
