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 26.51% is 13% below its 5-year average of 30.50%, near the low end of its 5-year range (18.93%–56.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.50% below its 12-month average of 28.66%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
26.51%
TAX RATE AVG TTM
28.66%
TAX RATE AVG 3Y
29.94%
TAX RATE AVG 5Y
29.10%
TAX RATE AVG 10Y
27.68%
TAX RATE AVG 15Y
26.80%
TAX RATE AVG 20Y
27.51%
CURRENT VS TTM AVG
-7.50%
CURRENT VS 3Y AVG
-11.46%
CURRENT VS 5Y AVG
-8.90%
CURRENT VS 10Y AVG
-4.20%
CURRENT VS 15Y AVG
-1.07%
CURRENT VS 20Y AVG
-3.61%
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 | 26.51% |
| 2026-03-31 | 29.13% |
| 2025-12-31 | 32.29% |
| 2025-09-30 | 25.28% |
| 2025-06-30 | 30.10% |
| 2025-03-31 | 27.23% |
| 2024-12-31 | 26.78% |
| 2024-09-30 | 33.01% |
| 2024-06-30 | 33.81% |
| 2023-12-31 | 33.67% |
| 2023-09-30 | 27.77% |
| 2023-06-30 | 33.76% |
| 2023-03-31 | 40.47% |
| 2022-12-31 | 56.94% |
| 2022-09-30 | 28.38% |
| 2022-06-30 | 34.19% |
| 2022-03-31 | 25.57% |
| 2021-12-31 | 26.42% |
| 2021-09-30 | 18.93% |
| 2021-06-30 | 19.68% |
| 2021-03-31 | 19.97% |
| 2020-12-31 | 28.53% |
| 2020-09-30 | 20.19% |
| 2020-06-30 | 33.06% |
| 2020-03-31 | 27.63% |
| 2019-12-31 | 26.23% |
| 2019-09-30 | 26.03% |
| 2019-06-30 | 28.59% |
| 2018-12-31 | 26.75% |
| 2018-09-30 | 24.14% |
| 2018-06-30 | 30.03% |
| 2018-03-31 | 28.37% |
| 2017-12-31 | 9.37% |
| 2017-09-30 | 28.63% |
| 2017-06-30 | 26.65% |
| 2017-03-31 | 20.66% |
| 2016-12-31 | 22.26% |
| 2016-09-30 | 28.43% |
| 2016-06-30 | 28.93% |
| 2016-03-31 | 23.28% |
| 2015-12-31 | 22.34% |
| 2015-09-30 | 27.10% |
| 2015-06-30 | 26.37% |
| 2015-03-31 | 13.60% |
| 2014-12-31 | 24.51% |
| 2014-09-30 | 26.52% |
| 2014-06-30 | 22.67% |
| 2014-03-31 | 24.15% |
| 2013-12-31 | 25.73% |
| 2013-09-30 | 26.47% |
| 2013-06-30 | 24.82% |
| 2013-03-31 | 16.26% |
| 2012-12-31 | 27.99% |
| 2012-09-30 | 24.82% |
| 2012-06-30 | 23.58% |
| 2012-03-31 | 26.85% |
| 2011-12-31 | -29.27% |
| 2011-09-30 | 28.80% |
| 2011-06-30 | 26.87% |
| 2011-03-31 | 30.87% |
| 2010-12-31 | 3.98% |
| 2010-09-30 | 54.57% |
| 2010-06-30 | 27.37% |
| 2010-03-31 | 25.72% |
| 2009-12-31 | 30.26% |
| 2009-09-30 | 20.46% |
| 2009-06-30 | 28.52% |
| 2009-03-31 | 31.71% |
| 2008-12-31 | 28.06% |
| 2008-09-30 | 31.89% |
| 2008-06-30 | 31.12% |
| 2008-03-31 | 30.34% |
| 2007-12-31 | 33.43% |
| 2007-09-30 | 35.25% |
| 2007-06-30 | 25.76% |
| 2007-03-31 | 33.55% |
| 2006-12-31 | 28.12% |
| 2006-09-30 | 35.08% |
| 2006-06-30 | 25.07% |
| 2006-03-31 | 34.10% |
| 2005-12-31 | 35.52% |
| 2005-09-30 | 35.27% |
| 2005-06-30 | 34.21% |
| 2005-03-31 | 35.80% |
| 2004-12-31 | 36.37% |
| 2004-09-30 | 37.20% |
| 2004-06-30 | 36.13% |
| 2004-03-31 | 36.61% |
| 2003-12-31 | 39.29% |
| 2003-09-30 | 40.37% |
| 2003-06-30 | 36.78% |
| 2003-03-31 | 39.76% |
| 2002-12-31 | 39.92% |
| 2002-09-30 | 33.22% |
