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 19.03% is in line with its 5-year average of 18.58%, near the high end of its 5-year range (-13.07%–26.47%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.62% above its 12-month average of 16.18%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.03%
TAX RATE AVG TTM
16.18%
TAX RATE AVG 3Y
17.29%
TAX RATE AVG 5Y
18.58%
TAX RATE AVG 10Y
22.63%
TAX RATE AVG 15Y
26.44%
TAX RATE AVG 20Y
29.92%
CURRENT VS TTM AVG
+17.62%
CURRENT VS 3Y AVG
+10.08%
CURRENT VS 5Y AVG
+2.39%
CURRENT VS 10Y AVG
-15.94%
CURRENT VS 15Y AVG
-28.03%
CURRENT VS 20Y AVG
-36.41%
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 | 19.03% |
| 2026-03-31 | 19.97% |
| 2025-12-31 | 3.55% |
| 2025-09-30 | 14.73% |
| 2025-06-30 | 23.61% |
| 2025-03-31 | 25.56% |
| 2024-12-31 | 3.79% |
| 2024-09-30 | 12.47% |
| 2024-06-30 | 21.73% |
| 2024-03-31 | 24.24% |
| 2023-12-31 | 8.95% |
| 2023-09-30 | 20.78% |
| 2023-06-30 | 26.30% |
| 2023-03-31 | 26.47% |
| 2022-12-31 | 7.07% |
| 2022-09-30 | 17.90% |
| 2022-06-30 | 22.23% |
| 2022-03-31 | 25.48% |
| 2021-12-31 | -13.07% |
| 2021-09-30 | 25.47% |
| 2021-06-30 | 22.32% |
| 2021-03-31 | 25.92% |
| 2020-12-31 | -17.39% |
| 2020-09-30 | 18.36% |
| 2020-06-30 | 24.59% |
| 2020-03-31 | 23.50% |
| 2019-12-31 | -1.75% |
| 2019-09-30 | 19.35% |
| 2019-06-30 | 23.65% |
| 2019-03-31 | 24.90% |
| 2018-12-31 | 15.75% |
| 2018-09-30 | 22.74% |
| 2018-06-30 | 24.60% |
| 2018-03-31 | 23.41% |
| 2017-12-31 | -124.72% |
| 2017-09-30 | 37.40% |
| 2017-06-30 | 38.99% |
| 2017-03-31 | 36.60% |
| 2016-12-31 | 35.66% |
| 2016-09-30 | 32.47% |
| 2016-06-30 | 37.95% |
| 2016-03-31 | 37.89% |
| 2015-12-31 | 34.17% |
| 2015-09-30 | 38.65% |
| 2015-06-30 | 36.29% |
| 2015-03-31 | 39.37% |
| 2014-12-31 | 36.16% |
| 2014-09-30 | 37.10% |
| 2014-06-30 | 38.42% |
| 2014-03-31 | 39.78% |
| 2013-12-31 | 24.47% |
| 2013-09-30 | 35.04% |
| 2013-06-30 | 38.09% |
| 2013-03-31 | 31.86% |
| 2012-12-31 | 36.21% |
| 2012-09-30 | 31.51% |
| 2012-06-30 | 16.29% |
| 2012-03-31 | 35.99% |
| 2011-12-31 | 26.25% |
| 2011-09-30 | 34.59% |
| 2011-06-30 | 49.40% |
| 2011-03-31 | 39.19% |
| 2010-12-31 | 43.29% |
| 2010-09-30 | 41.45% |
| 2010-06-30 | 40.84% |
| 2010-03-31 | 43.89% |
| 2009-12-31 | 55.40% |
| 2009-09-30 | 42.95% |
| 2009-06-30 | 39.19% |
| 2009-03-31 | 43.41% |
| 2008-09-30 | 39.00% |
| 2008-06-30 | 39.88% |
| 2008-03-31 | 38.53% |
| 2007-12-31 | 37.33% |
| 2007-09-30 | 38.53% |
| 2007-06-30 | 34.78% |
| 2007-03-31 | 42.90% |
| 2006-12-31 | 38.57% |
| 2006-09-30 | 33.59% |
| 2006-06-30 | 38.00% |
| 2006-03-31 | 38.00% |
| 2005-12-31 | 38.02% |
| 2005-09-30 | 38.00% |
| 2005-06-30 | 38.02% |
| 2005-03-31 | 37.97% |
| 2004-12-31 | 38.00% |
| 2004-09-30 | 38.00% |
| 2004-06-30 | 37.98% |
| 2004-03-31 | 38.02% |
| 2003-12-31 | 38.04% |
| 2003-09-30 | 37.92% |
| 2003-06-30 | 38.05% |
| 2003-03-31 | 37.95% |
| 2002-12-31 | 38.00% |
| 2002-09-30 | 38.05% |
