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 12.46% is in line with its 5-year average of 13.81%, near the high end of its 5-year range (-55.30%–15.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.31% below its 12-month average of 13.74%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.46%
TAX RATE AVG TTM
13.74%
TAX RATE AVG 3Y
13.66%
TAX RATE AVG 5Y
13.81%
TAX RATE AVG 10Y
14.72%
TAX RATE AVG 15Y
17.51%
TAX RATE AVG 20Y
20.92%
CURRENT VS TTM AVG
-9.31%
CURRENT VS 3Y AVG
-8.84%
CURRENT VS 5Y AVG
-9.78%
CURRENT VS 10Y AVG
-15.37%
CURRENT VS 15Y AVG
-28.84%
CURRENT VS 20Y AVG
-40.46%
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 | 12.46% |
| 2026-03-31 | 15.10% |
| 2025-12-31 | 12.26% |
| 2025-09-30 | 14.95% |
| 2025-06-30 | 13.91% |
| 2025-03-31 | 15.31% |
| 2024-12-31 | 9.76% |
| 2024-09-30 | 12.86% |
| 2024-06-30 | 15.75% |
| 2024-03-31 | 12.97% |
| 2023-12-31 | -55.30% |
| 2023-09-30 | 13.60% |
| 2023-06-30 | 15.04% |
| 2023-03-31 | 14.62% |
| 2022-12-31 | 5.03% |
| 2022-09-30 | 9.63% |
| 2022-06-30 | 15.70% |
| 2022-03-31 | 15.36% |
| 2021-12-31 | 2.04% |
| 2021-09-30 | 13.33% |
| 2021-06-30 | 15.92% |
| 2021-03-31 | 13.52% |
| 2020-12-31 | 9.85% |
| 2020-09-30 | 11.50% |
| 2020-06-30 | 28.76% |
| 2020-03-31 | 21.49% |
| 2019-12-31 | 2.83% |
| 2019-09-30 | 9.78% |
| 2019-06-30 | 16.11% |
| 2019-03-31 | 17.09% |
| 2018-12-31 | 10.96% |
| 2018-09-30 | 10.41% |
| 2018-06-30 | 21.07% |
| 2018-03-31 | 20.94% |
| 2017-12-31 | -64.12% |
| 2017-09-30 | 27.29% |
| 2017-06-30 | 21.04% |
| 2017-03-31 | 22.10% |
| 2016-12-31 | 12.53% |
| 2016-09-30 | 21.51% |
| 2016-06-30 | 21.71% |
| 2016-03-31 | 20.50% |
| 2015-12-31 | 25.91% |
| 2015-09-26 | 22.99% |
| 2015-06-27 | 23.01% |
| 2015-03-28 | 23.00% |
| 2014-12-31 | 19.79% |
| 2014-09-27 | 23.18% |
| 2014-06-28 | 23.24% |
| 2014-03-29 | 24.27% |
| 2013-12-31 | 27.54% |
| 2013-09-28 | 22.02% |
| 2013-06-29 | 25.43% |
| 2013-03-30 | 28.38% |
| 2012-09-29 | 11.28% |
| 2012-06-30 | 28.20% |
| 2012-03-31 | 12.75% |
| 2011-10-01 | 31.60% |
| 2011-07-02 | 28.64% |
| 2011-04-02 | 32.50% |
| 2010-12-31 | 30.02% |
| 2010-10-02 | 32.22% |
| 2010-07-03 | 33.70% |
| 2010-04-03 | 33.47% |
| 2009-12-31 | 34.80% |
| 2009-09-26 | 31.95% |
| 2009-06-27 | 33.34% |
| 2009-03-28 | 29.55% |
| 2008-12-31 | 31.14% |
| 2008-09-27 | 32.72% |
| 2008-06-28 | 26.18% |
| 2008-03-29 | 34.04% |
| 2007-12-31 | 31.48% |
| 2007-09-29 | 19.54% |
| 2007-06-30 | 35.39% |
| 2007-03-31 | 35.22% |
| 2006-12-31 | 18.41% |
| 2006-09-30 | 29.50% |
| 2006-07-01 | 28.07% |
| 2006-04-01 | 34.01% |
| 2005-12-31 | 31.26% |
| 2005-10-01 | 32.34% |
| 2005-07-02 | 38.54% |
| 2005-04-02 | 33.48% |
| 2004-12-31 | 34.13% |
| 2004-10-02 | 37.48% |
| 2004-07-03 | 34.99% |
| 2004-04-03 | 35.00% |
| 2003-12-31 | 34.00% |
| 2003-09-27 | 34.00% |
| 2003-06-28 | 34.00% |
| 2003-03-29 | 34.00% |
| 2002-12-31 | 34.25% |
| 2002-09-28 | 30.24% |
