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 15.73% is 18% below its 5-year average of 19.10%, near the low end of its 5-year range (-13.46%–795.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.98% below its 12-month average of 16.72%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.73%
TAX RATE AVG TTM
16.72%
TAX RATE AVG 3Y
19.56%
TAX RATE AVG 5Y
19.10%
TAX RATE AVG 10Y
16.00%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-5.98%
CURRENT VS 3Y AVG
-19.59%
CURRENT VS 5Y AVG
-17.68%
CURRENT VS 10Y AVG
-1.74%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 15.73% |
| 2026-03-31 | 20.10% |
| 2025-12-31 | 11.68% |
| 2025-09-30 | 18.59% |
| 2025-06-30 | 17.53% |
| 2025-03-31 | 19.71% |
| 2024-12-31 | 20.50% |
| 2024-09-30 | 22.96% |
| 2024-06-30 | 19.37% |
| 2024-03-31 | 26.55% |
| 2023-12-31 | 21.81% |
| 2023-09-30 | 17.81% |
| 2023-06-30 | 21.03% |
| 2023-03-31 | 25.98% |
| 2022-12-31 | 17.03% |
| 2022-09-30 | 15.72% |
| 2022-06-30 | 795.92% |
| 2022-03-31 | 19.08% |
| 2021-12-31 | -13.46% |
| 2021-09-30 | 6.70% |
| 2021-06-30 | 12.68% |
| 2021-03-31 | -25.80% |
| 2020-12-31 | 15.71% |
| 2020-09-30 | 10.75% |
| 2020-06-30 | 14.95% |
| 2020-03-31 | 68.06% |
| 2019-12-31 | 40.63% |
| 2019-09-30 | 4.55% |
| 2019-06-30 | 12.73% |
| 2019-03-31 | 6.97% |
| 2018-12-31 | 14.87% |
| 2018-09-30 | 18.20% |
| 2018-06-30 | 13.63% |
| 2018-03-31 | 6.75% |
| 2017-12-31 | 28.24% |
| 2017-09-30 | 15.74% |
| 2017-06-30 | 8.05% |
| 2017-03-31 | 12.33% |
| 2016-12-31 | 16.84% |
| 2016-09-30 | 10.28% |
| 2016-06-30 | 15.00% |
| 2016-03-31 | 13.51% |
| 2015-12-31 | 12.20% |
| 2015-09-30 | 14.00% |
| 2015-06-30 | 23.56% |
| 2015-03-31 | 20.56% |
| 2014-12-31 | 17.58% |
| 2014-09-30 | 15.22% |
| 2014-06-30 | 13.80% |
| 2014-03-31 | 222.44% |
