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 24.17% is in line with its 5-year average of 22.22%, near the high end of its 5-year range (1.59%–25.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.39% above its 12-month average of 23.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.17%
TAX RATE AVG TTM
23.16%
TAX RATE AVG 3Y
22.92%
TAX RATE AVG 5Y
22.22%
TAX RATE AVG 10Y
22.07%
TAX RATE AVG 15Y
25.21%
TAX RATE AVG 20Y
26.81%
CURRENT VS TTM AVG
+4.39%
CURRENT VS 3Y AVG
+5.45%
CURRENT VS 5Y AVG
+8.79%
CURRENT VS 10Y AVG
+9.53%
CURRENT VS 15Y AVG
-4.12%
CURRENT VS 20Y AVG
-9.85%
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 | 24.17% |
| 2026-03-31 | 21.34% |
| 2025-12-31 | 25.38% |
| 2025-09-30 | 21.44% |
| 2025-06-30 | 23.44% |
| 2025-03-31 | 22.83% |
| 2024-12-31 | 22.01% |
| 2024-09-30 | 21.18% |
| 2024-06-30 | 24.16% |
| 2024-03-31 | 21.06% |
| 2023-12-31 | 24.85% |
| 2023-09-30 | 24.53% |
| 2023-06-30 | 21.58% |
| 2023-03-31 | 22.35% |
| 2022-12-31 | 21.94% |
| 2022-09-30 | 21.90% |
| 2022-06-30 | 21.89% |
| 2022-03-31 | 19.58% |
| 2021-12-31 | 1.59% |
| 2021-09-30 | 17.87% |
| 2021-06-30 | 20.83% |
| 2021-03-31 | 19.53% |
| 2020-12-31 | 19.23% |
| 2020-09-30 | 19.39% |
| 2020-06-30 | 20.27% |
| 2020-03-31 | 18.00% |
| 2019-12-31 | 16.41% |
| 2019-09-30 | 18.79% |
| 2019-06-30 | 30.29% |
| 2019-03-31 | 17.94% |
| 2018-12-31 | 1.02% |
| 2018-09-30 | 14.89% |
| 2018-06-30 | 24.99% |
| 2018-03-31 | 17.61% |
| 2017-12-31 | -215.00% |
| 2017-09-30 | 25.98% |
| 2017-06-30 | 29.15% |
| 2017-03-31 | 22.00% |
| 2016-12-31 | 33.22% |
| 2016-09-30 | 27.80% |
| 2016-06-30 | 29.89% |
| 2016-03-31 | 32.00% |
| 2015-12-31 | 33.38% |
| 2015-09-30 | 32.00% |
| 2015-06-30 | 31.09% |
| 2015-03-31 | 32.00% |
| 2014-12-31 | 29.72% |
| 2014-09-30 | 31.18% |
| 2014-06-30 | 32.10% |
| 2014-03-31 | 30.48% |
| 2013-12-31 | 22.18% |
| 2013-09-30 | 32.13% |
| 2013-06-30 | 32.45% |
| 2013-03-31 | 31.00% |
| 2012-12-31 | 32.71% |
| 2012-09-30 | 31.50% |
| 2012-06-30 | 30.50% |
| 2012-03-31 | 29.58% |
| 2011-12-31 | 88.77% |
| 2011-09-30 | 30.89% |
| 2011-06-30 | 30.31% |
| 2011-03-31 | 27.87% |
| 2010-12-31 | 29.68% |
| 2010-09-30 | 31.37% |
| 2010-06-30 | 29.91% |
| 2010-03-31 | 45.17% |
| 2009-12-31 | 19.49% |
| 2009-09-30 | 32.26% |
| 2009-06-30 | 31.92% |
| 2009-03-31 | 26.75% |
| 2008-12-31 | 36.60% |
| 2008-09-30 | 33.46% |
| 2008-06-30 | 32.98% |
| 2008-03-31 | 31.04% |
| 2007-12-31 | 33.65% |
| 2007-09-30 | 31.93% |
| 2007-06-30 | 33.16% |
| 2007-03-31 | 31.63% |
| 2006-12-31 | 22.04% |
| 2006-09-30 | 35.27% |
| 2006-06-30 | 31.41% |
| 2006-03-31 | 29.79% |
| 2005-12-31 | 31.70% |
| 2005-09-30 | 30.58% |
| 2005-06-30 | 29.90% |
| 2005-03-31 | 22.40% |
| 2004-12-31 | 17.77% |
| 2004-09-30 | 35.00% |
| 2004-06-30 | 35.00% |
| 2004-03-31 | 35.00% |
| 2003-12-31 | 36.50% |
| 2003-09-30 | 36.50% |
| 2003-06-30 | 36.50% |
| 2003-03-31 | 36.50% |
| 2002-12-31 | 35.21% |
| 2002-09-30 | 38.00% |
