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 21.96% is 25% above its 5-year average of 17.60%, near the high end of its 5-year range (-4.48%–22.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.91% above its 12-month average of 21.13%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.96%
TAX RATE AVG TTM
21.13%
TAX RATE AVG 3Y
20.46%
TAX RATE AVG 5Y
19.95%
TAX RATE AVG 10Y
17.80%
TAX RATE AVG 15Y
18.13%
TAX RATE AVG 20Y
20.93%
CURRENT VS TTM AVG
+3.91%
CURRENT VS 3Y AVG
+7.30%
CURRENT VS 5Y AVG
+10.07%
CURRENT VS 10Y AVG
+23.33%
CURRENT VS 15Y AVG
+21.11%
CURRENT VS 20Y AVG
+4.90%
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 | 21.96% |
| 2026-03-31 | 21.16% |
| 2025-12-31 | 18.63% |
| 2025-09-30 | 21.87% |
| 2025-06-30 | 22.05% |
| 2025-03-31 | 21.65% |
| 2024-12-31 | 18.44% |
| 2024-09-30 | 21.08% |
| 2024-06-30 | 22.04% |
| 2024-03-31 | 22.58% |
| 2023-12-31 | -4.48% |
| 2023-09-30 | 17.42% |
| 2023-06-30 | 16.70% |
| 2023-03-31 | 20.20% |
| 2022-12-31 | 17.55% |
| 2022-09-30 | 18.73% |
| 2022-06-30 | 10.54% |
| 2022-03-31 | 19.89% |
| 2021-12-31 | 4.52% |
| 2021-09-30 | 18.49% |
| 2021-06-30 | 18.66% |
| 2021-03-31 | 17.22% |
| 2020-12-31 | 16.22% |
| 2020-09-30 | 18.50% |
| 2020-06-30 | 13.57% |
| 2020-03-31 | 18.09% |
| 2019-12-31 | 11.60% |
| 2019-09-30 | 19.14% |
| 2019-06-30 | 18.25% |
| 2019-03-31 | 20.00% |
| 2018-12-31 | 12.90% |
| 2018-09-30 | 14.45% |
| 2018-06-30 | 17.73% |
| 2018-03-31 | 16.37% |
| 2017-12-31 | 48.40% |
| 2017-09-30 | 16.67% |
| 2017-06-30 | 20.10% |
| 2017-03-31 | 14.04% |
| 2016-12-31 | -71.88% |
| 2016-09-30 | 11.32% |
| 2016-06-30 | 12.98% |
| 2016-03-31 | 14.42% |
| 2015-12-31 | 14.91% |
| 2015-09-30 | 10.36% |
| 2015-06-30 | 11.44% |
| 2015-03-31 | 18.84% |
| 2014-12-31 | 13.53% |
| 2014-09-30 | 18.60% |
| 2014-06-30 | 16.62% |
| 2014-03-31 | 20.22% |
| 2013-12-31 | 9.64% |
| 2013-09-30 | 23.19% |
| 2013-06-30 | 24.02% |
| 2013-03-31 | 23.81% |
| 2012-12-31 | 19.93% |
| 2012-09-30 | 28.37% |
| 2012-06-30 | 24.85% |
| 2012-03-31 | 27.13% |
| 2011-12-31 | 28.38% |
| 2011-09-30 | 11.76% |
| 2011-06-30 | 28.25% |
| 2011-03-31 | 28.64% |
| 2010-12-31 | 67.06% |
| 2010-09-30 | 30.18% |
| 2010-06-30 | -23.43% |
| 2010-03-31 | 29.49% |
| 2009-12-31 | 26.76% |
| 2009-09-30 | 32.85% |
| 2009-06-30 | 32.53% |
| 2009-03-31 | 22.48% |
| 2008-12-31 | 29.28% |
| 2008-09-30 | 43.62% |
| 2008-06-30 | 34.06% |
| 2008-03-31 | 34.00% |
| 2007-12-31 | 27.12% |
| 2007-09-30 | 35.03% |
| 2007-06-30 | 34.99% |
| 2007-03-31 | 34.99% |
| 2006-12-31 | 30.41% |
| 2006-09-30 | 34.59% |
| 2006-06-30 | 52.21% |
| 2006-03-31 | 33.96% |
| 2005-12-31 | 33.95% |
| 2005-09-30 | 34.21% |
| 2005-06-30 | 33.93% |
| 2005-03-31 | 33.92% |
| 2004-12-31 | 34.05% |
| 2004-09-30 | 33.96% |
| 2004-06-30 | 34.13% |
| 2004-03-31 | 30.23% |
| 2003-12-31 | 34.07% |
| 2003-09-30 | 33.77% |
| 2003-03-31 | 48.39% |
| 2002-12-31 | 36.57% |
| 2002-09-30 | 33.09% |
