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 31.01% is 14% above its 5-year average of 27.31%, near the high end of its 5-year range (22.28%–31.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.59% above its 12-month average of 30.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
31.01%
TAX RATE AVG TTM
30.52%
TAX RATE AVG 3Y
28.07%
TAX RATE AVG 5Y
27.31%
TAX RATE AVG 10Y
27.19%
TAX RATE AVG 15Y
27.52%
TAX RATE AVG 20Y
26.90%
CURRENT VS TTM AVG
+1.59%
CURRENT VS 3Y AVG
+10.49%
CURRENT VS 5Y AVG
+13.54%
CURRENT VS 10Y AVG
+14.04%
CURRENT VS 15Y AVG
+12.67%
CURRENT VS 20Y AVG
+15.28%
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 | 31.01% |
| 2025-12-31 | 31.85% |
| 2025-06-30 | 28.71% |
| 2023-12-31 | 26.48% |
| 2023-06-30 | 22.28% |
| 2022-12-31 | 28.17% |
| 2021-06-30 | 22.68% |
| 2020-12-31 | 30.77% |
| 2019-12-31 | 23.91% |
| 2019-06-30 | 25.00% |
| 2018-12-31 | 24.24% |
| 2018-06-30 | 15.02% |
| 2017-12-31 | 27.29% |
| 2017-06-30 | 32.10% |
| 2016-06-30 | 26.18% |
| 2014-06-30 | 33.33% |
| 2013-12-31 | 35.44% |
| 2013-06-30 | 20.63% |
| 2012-12-31 | 25.00% |
| 2012-06-30 | 25.00% |
| 2011-12-31 | 28.92% |
| 2011-06-30 | 28.92% |
| 2010-12-31 | 5.74% |
| 2010-06-30 | 5.74% |
| 2009-12-31 | 26.32% |
| 2009-06-30 | 26.32% |
| 2007-12-31 | -12.20% |
| 2007-06-30 | -12.20% |
| 2006-12-31 | 83.85% |
| 2006-06-30 | 83.85% |
| 2004-12-31 | 30.00% |
| 2004-06-30 | 30.00% |
