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 25.53% is 16% above its 5-year average of 22.03%, near the high end of its 5-year range (-3.66%–31.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.94% above its 12-month average of 23.22%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.53%
TAX RATE AVG TTM
23.22%
TAX RATE AVG 3Y
24.56%
TAX RATE AVG 5Y
24.97%
TAX RATE AVG 10Y
26.06%
TAX RATE AVG 15Y
30.23%
TAX RATE AVG 20Y
31.56%
CURRENT VS TTM AVG
+9.94%
CURRENT VS 3Y AVG
+3.95%
CURRENT VS 5Y AVG
+2.27%
CURRENT VS 10Y AVG
-2.01%
CURRENT VS 15Y AVG
-15.53%
CURRENT VS 20Y AVG
-19.11%
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 | 25.53% |
| 2026-03-31 | 9.72% |
| 2025-12-31 | 28.30% |
| 2025-09-30 | 25.86% |
| 2025-06-30 | 26.71% |
| 2025-03-31 | 21.12% |
| 2024-12-31 | 25.47% |
| 2024-09-30 | 21.61% |
| 2024-06-30 | 28.16% |
| 2024-03-31 | 14.33% |
| 2023-12-31 | 26.19% |
| 2023-09-30 | 22.08% |
| 2023-06-30 | 29.40% |
| 2023-03-31 | -3.66% |
| 2022-12-31 | 29.12% |
| 2022-09-30 | 31.80% |
| 2022-06-30 | 30.02% |
| 2022-03-31 | 7.16% |
| 2021-12-31 | 12.12% |
| 2021-09-30 | 25.99% |
| 2021-06-30 | 25.61% |
| 2021-03-31 | 13.07% |
| 2020-12-31 | -0.14% |
| 2020-09-30 | 30.10% |
| 2020-06-30 | 30.61% |
| 2020-03-31 | 28.02% |
| 2019-12-31 | 17.57% |
| 2019-09-30 | 28.61% |
| 2019-06-30 | 59.08% |
| 2019-03-31 | 26.59% |
| 2018-12-31 | 55.13% |
| 2018-09-30 | 25.73% |
| 2018-06-30 | 28.23% |
| 2018-03-31 | 31.80% |
| 2017-12-31 | -151.66% |
| 2017-09-30 | 32.03% |
| 2017-06-30 | 38.47% |
| 2017-03-31 | 31.81% |
| 2016-12-31 | 21.59% |
| 2016-09-30 | 42.57% |
| 2016-06-30 | 46.76% |
| 2016-03-31 | 39.19% |
| 2015-12-31 | 575.00% |
| 2015-09-30 | 41.45% |
| 2015-06-30 | 47.11% |
| 2015-03-31 | 37.14% |
| 2014-12-31 | 33.50% |
| 2014-09-30 | 29.62% |
| 2014-06-30 | 35.09% |
| 2014-03-31 | 36.04% |
| 2013-12-31 | 34.77% |
| 2013-09-30 | 30.17% |
| 2013-06-30 | 36.07% |
| 2013-03-31 | 35.30% |
| 2012-12-31 | 34.43% |
| 2012-09-30 | 31.02% |
| 2012-06-30 | 36.70% |
| 2012-03-31 | 37.09% |
| 2011-12-31 | 23.41% |
| 2011-09-30 | 40.18% |
| 2011-06-30 | 40.76% |
| 2010-12-31 | 37.17% |
| 2010-09-30 | 33.08% |
| 2010-06-30 | 40.59% |
| 2010-03-31 | 40.00% |
| 2009-12-31 | 36.15% |
| 2009-09-30 | 7.68% |
| 2009-06-30 | 41.88% |
| 2009-03-31 | 41.86% |
| 2008-12-31 | 39.10% |
| 2008-09-30 | 41.12% |
| 2008-06-30 | 41.84% |
| 2008-03-31 | 41.66% |
| 2007-12-31 | 36.88% |
| 2007-09-30 | 5.87% |
| 2007-06-30 | 42.24% |
| 2007-03-31 | -14.82% |
| 2006-09-30 | 38.82% |
| 2006-06-30 | 38.54% |
| 2006-03-31 | 45.49% |
| 2005-12-31 | 39.32% |
| 2005-09-30 | 51.75% |
| 2005-06-30 | 42.67% |
| 2004-12-31 | -8.70% |
| 2004-09-30 | 51.70% |
| 2003-09-30 | 34.35% |
