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 25.79% is 13% above its 5-year average of 22.83%, near the high end of its 5-year range (14.73%–25.79%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.39% above its 12-month average of 24.24%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.79%
TAX RATE AVG TTM
24.24%
TAX RATE AVG 3Y
24.37%
TAX RATE AVG 5Y
23.23%
TAX RATE AVG 10Y
21.62%
TAX RATE AVG 15Y
27.23%
TAX RATE AVG 20Y
29.17%
CURRENT VS TTM AVG
+6.39%
CURRENT VS 3Y AVG
+5.83%
CURRENT VS 5Y AVG
+10.98%
CURRENT VS 10Y AVG
+19.27%
CURRENT VS 15Y AVG
-5.29%
CURRENT VS 20Y AVG
-11.60%
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 | 25.79% |
| 2026-03-31 | 24.17% |
| 2025-12-31 | 22.34% |
| 2025-09-30 | 23.49% |
| 2025-06-30 | 25.41% |
| 2025-03-31 | 19.41% |
| 2024-12-31 | 25.78% |
| 2024-09-30 | 23.39% |
| 2024-06-30 | 25.27% |
| 2024-03-31 | 17.29% |
| 2023-12-31 | 23.42% |
| 2023-09-30 | 23.82% |
| 2023-06-30 | 25.15% |
| 2023-03-31 | 21.76% |
| 2022-12-31 | 21.84% |
| 2022-09-30 | 24.67% |
| 2022-06-30 | 25.14% |
| 2022-03-31 | 22.26% |
| 2021-12-31 | 14.73% |
| 2021-09-30 | 21.44% |
| 2021-06-30 | 22.87% |
| 2021-03-31 | 22.04% |
| 2020-12-31 | 17.06% |
| 2020-09-30 | 18.69% |
| 2020-06-30 | 22.50% |
| 2020-03-31 | -0.08% |
| 2019-12-31 | 12.57% |
| 2019-09-30 | 19.78% |
| 2019-06-30 | 20.94% |
| 2019-03-31 | -2.52% |
| 2018-12-31 | 14.27% |
| 2018-09-30 | 20.83% |
| 2018-06-30 | 25.03% |
| 2018-03-31 | -4.26% |
| 2017-12-31 | -87.51% |
| 2017-09-30 | 37.45% |
| 2017-06-30 | 37.04% |
| 2017-03-31 | 18.72% |
| 2016-12-31 | 51.51% |
| 2016-09-30 | 37.66% |
| 2016-06-30 | 38.44% |
| 2016-03-31 | 38.50% |
| 2015-12-31 | 38.55% |
| 2015-09-30 | 37.60% |
| 2015-06-30 | 38.90% |
| 2015-03-31 | 38.90% |
| 2014-09-30 | 38.36% |
| 2014-06-30 | 38.80% |
| 2014-03-31 | 38.79% |
| 2013-09-30 | 37.61% |
| 2013-06-30 | 39.50% |
| 2013-03-31 | 35.65% |
| 2012-09-30 | 45.68% |
| 2012-06-30 | 38.72% |
| 2012-03-31 | 22.82% |
| 2011-09-30 | 38.52% |
| 2011-06-30 | 39.20% |
| 2010-09-30 | 37.91% |
| 2010-06-30 | 39.30% |
| 2009-09-30 | 39.30% |
| 2009-06-30 | 39.30% |
| 2008-09-30 | 40.19% |
| 2008-06-30 | 38.65% |
| 2007-09-30 | 38.61% |
| 2007-06-30 | 38.61% |
| 2007-03-31 | 38.61% |
| 2006-09-30 | 38.61% |
| 2006-06-30 | 38.61% |
| 2006-03-31 | 38.61% |
| 2005-12-31 | 38.61% |
| 2005-09-30 | 38.61% |
| 2005-06-30 | 38.56% |
| 2005-03-31 | 39.00% |
| 2004-09-30 | 39.00% |
| 2004-06-30 | 39.00% |
| 2004-03-31 | 39.00% |
| 2003-09-30 | 39.00% |
| 2003-06-30 | 39.00% |
| 2003-03-31 | 39.06% |
| 2002-09-30 | 39.00% |
