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 11.76% is 39% below its 5-year average of 19.19%, near the low end of its 5-year range (-0.56%–116.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 71.55% below its 12-month average of 41.35%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
11.76%
TAX RATE AVG TTM
41.35%
TAX RATE AVG 3Y
16.35%
TAX RATE AVG 5Y
15.47%
TAX RATE AVG 10Y
13.00%
TAX RATE AVG 15Y
13.11%
TAX RATE AVG 20Y
13.72%
CURRENT VS TTM AVG
-71.55%
CURRENT VS 3Y AVG
-28.05%
CURRENT VS 5Y AVG
-23.94%
CURRENT VS 10Y AVG
-9.49%
CURRENT VS 15Y AVG
-10.29%
CURRENT VS 20Y AVG
-14.23%
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 | 11.76% |
| 2026-03-31 | 18.87% |
| 2025-12-31 | 116.33% |
| 2025-09-30 | 18.43% |
| 2025-03-31 | 18.06% |
| 2024-12-31 | 19.62% |
| 2024-09-30 | 16.44% |
| 2024-06-30 | 15.91% |
| 2024-03-31 | 15.18% |
| 2023-12-31 | -0.56% |
| 2023-09-30 | 14.69% |
| 2023-06-30 | 14.57% |
| 2023-04-01 | 15.17% |
| 2022-12-31 | 5.02% |
| 2022-10-01 | 14.39% |
| 2022-06-30 | 13.79% |
| 2022-03-31 | 14.74% |
| 2021-12-31 | 14.46% |
| 2021-09-30 | 13.30% |
| 2021-06-30 | 13.60% |
| 2021-03-31 | 15.31% |
| 2020-12-31 | 9.75% |
| 2020-09-30 | 17.06% |
| 2020-06-30 | 8.08% |
| 2020-03-31 | 17.03% |
| 2019-12-31 | 13.85% |
| 2019-09-30 | 8.48% |
| 2019-06-30 | 17.10% |
| 2019-03-31 | 15.17% |
| 2018-12-31 | 6.26% |
| 2018-09-30 | 6.08% |
| 2018-06-30 | 7.39% |
| 2018-03-31 | 8.37% |
| 2017-12-31 | 20.72% |
| 2017-09-30 | 10.53% |
| 2017-06-30 | 4.59% |
| 2017-03-31 | 12.80% |
| 2016-12-31 | 7.32% |
| 2016-09-30 | 14.29% |
| 2016-06-30 | 19.35% |
| 2015-12-31 | 85.00% |
| 2015-09-30 | -9.41% |
| 2015-06-30 | -620.00% |
| 2014-12-31 | 6.52% |
| 2014-09-30 | -140.00% |
| 2014-06-30 | 16.28% |
| 2011-06-30 | 21.07% |
| 2011-03-31 | 27.19% |
| 2010-12-31 | 26.74% |
| 2010-09-30 | 24.18% |
| 2010-06-30 | 18.97% |
| 2007-09-30 | 9.57% |
| 2007-03-31 | 12.79% |
| 2006-12-31 | -40.61% |
| 2006-09-30 | 0.95% |
| 2006-06-30 | 14.65% |
| 2006-03-31 | 17.72% |
| 2005-12-31 | 12.08% |
| 2005-09-30 | 16.67% |
| 2005-06-30 | -25.00% |
| 2004-12-31 | 12.21% |
| 2004-09-30 | 9.48% |
| 2004-06-30 | 13.37% |
| 2004-03-31 | -1.32% |
| 2003-12-31 | -0.07% |
| 2003-09-30 | -50.46% |
| 2003-06-30 | 18.37% |
| 2003-03-31 | 18.37% |
| 2002-12-31 | 15.92% |
| 2002-09-30 | 18.10% |
