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 15% above its 5-year average of 23.12%, near the high end of its 5-year range (4.18%–27.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.21% above its 12-month average of 25.20%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
26.51%
TAX RATE AVG TTM
25.20%
TAX RATE AVG 3Y
23.39%
TAX RATE AVG 5Y
23.12%
TAX RATE AVG 10Y
21.88%
TAX RATE AVG 15Y
26.27%
TAX RATE AVG 20Y
28.35%
CURRENT VS TTM AVG
+5.21%
CURRENT VS 3Y AVG
+13.31%
CURRENT VS 5Y AVG
+14.66%
CURRENT VS 10Y AVG
+21.13%
CURRENT VS 15Y AVG
+0.89%
CURRENT VS 20Y AVG
-6.49%
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 | 27.65% |
| 2025-12-31 | 24.63% |
| 2025-09-30 | 23.94% |
| 2025-06-30 | 23.24% |
| 2025-03-31 | 25.57% |
| 2024-12-31 | 24.21% |
| 2024-09-30 | 22.32% |
| 2024-06-30 | 20.15% |
| 2024-03-31 | 20.08% |
| 2023-12-31 | 21.62% |
| 2023-09-30 | 22.49% |
| 2023-06-30 | 21.71% |
| 2023-03-31 | 4.18% |
| 2022-12-31 | 23.08% |
| 2022-06-30 | 17.93% |
| 2022-03-31 | 27.16% |
| 2021-12-31 | 21.55% |
| 2021-09-30 | 22.30% |
| 2021-03-31 | 35.90% |
| 2020-12-31 | 17.82% |
| 2020-09-30 | 20.76% |
| 2020-06-30 | 18.86% |
| 2020-03-31 | 16.75% |
| 2019-12-31 | 21.86% |
| 2019-09-30 | 18.89% |
| 2019-06-30 | 14.72% |
| 2019-03-31 | 18.38% |
| 2018-12-31 | 16.16% |
| 2018-09-30 | 18.65% |
| 2018-06-30 | 15.38% |
| 2018-03-31 | 27.43% |
| 2017-12-31 | -3.70% |
| 2017-09-30 | 26.22% |
| 2017-06-30 | 21.60% |
| 2017-03-31 | 44.94% |
| 2016-12-31 | 128.15% |
| 2016-09-30 | 31.77% |
| 2016-06-30 | 22.61% |
| 2016-03-31 | 34.60% |
| 2015-12-31 | 28.10% |
| 2015-09-30 | 46.44% |
| 2015-06-30 | 36.98% |
| 2015-03-31 | 34.97% |
| 2014-12-31 | 33.05% |
| 2014-09-30 | 36.09% |
| 2014-06-30 | 38.20% |
| 2014-03-31 | 29.30% |
| 2013-12-31 | 44.60% |
| 2013-09-30 | 34.86% |
| 2013-06-30 | 10.91% |
| 2013-03-31 | 30.26% |
| 2012-12-31 | 23.98% |
| 2012-09-30 | 31.84% |
| 2012-06-30 | 33.42% |
| 2012-03-31 | 37.77% |
| 2011-12-31 | 34.14% |
| 2011-09-30 | 34.66% |
| 2011-06-30 | 34.40% |
| 2011-03-31 | 28.39% |
| 2010-12-31 | 34.25% |
| 2010-09-30 | 31.46% |
| 2010-03-31 | 37.76% |
| 2009-12-31 | 27.64% |
| 2009-09-30 | 32.04% |
| 2009-06-30 | 36.14% |
| 2009-03-31 | 38.01% |
| 2008-12-31 | 33.50% |
| 2008-09-30 | 36.00% |
| 2008-06-30 | 24.23% |
| 2008-03-31 | 36.15% |
| 2007-12-31 | 33.05% |
| 2007-09-30 | 37.39% |
| 2007-06-30 | 36.51% |
| 2007-03-31 | 41.40% |
| 2006-12-31 | 36.24% |
| 2006-09-30 | 34.45% |
| 2006-06-30 | 42.32% |
| 2006-03-31 | 58.08% |
| 2005-12-31 | 39.91% |
| 2005-09-30 | 37.13% |
| 2005-06-30 | 38.00% |
| 2005-03-31 | 44.62% |
| 2004-12-31 | 37.73% |
| 2004-09-30 | 37.40% |
| 2004-06-30 | 35.50% |
| 2004-03-31 | 29.75% |
| 2003-12-31 | 27.52% |
| 2003-09-30 | 36.00% |
| 2003-06-30 | 36.00% |
| 2003-03-31 | 36.00% |
| 2002-12-31 | 36.00% |
| 2002-09-30 | 36.00% |
