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 18.41% is 22% above its 5-year average of 15.10%, around the middle of its 5-year range (-3.41%–50.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.67% below its 12-month average of 22.10%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.41%
TAX RATE AVG TTM
22.10%
TAX RATE AVG 3Y
15.61%
TAX RATE AVG 5Y
15.02%
TAX RATE AVG 10Y
15.56%
TAX RATE AVG 15Y
16.52%
TAX RATE AVG 20Y
19.98%
CURRENT VS TTM AVG
-16.67%
CURRENT VS 3Y AVG
+17.95%
CURRENT VS 5Y AVG
+22.58%
CURRENT VS 10Y AVG
+18.32%
CURRENT VS 15Y AVG
+11.48%
CURRENT VS 20Y AVG
-7.85%
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 | 18.41% |
| 2026-03-31 | 12.35% |
| 2025-12-31 | 50.21% |
| 2025-09-30 | 16.52% |
| 2025-06-30 | 12.99% |
| 2025-03-31 | 14.40% |
| 2024-12-31 | -3.41% |
| 2024-09-30 | 20.04% |
| 2024-06-30 | 17.33% |
| 2024-03-31 | 14.63% |
| 2023-12-31 | 6.77% |
| 2023-09-30 | 20.37% |
| 2023-06-30 | 17.91% |
| 2023-03-31 | 12.81% |
| 2022-12-31 | 26.02% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 8.89% |
| 2022-03-31 | 16.32% |
| 2021-12-31 | 12.55% |
| 2021-09-30 | 11.52% |
| 2021-06-30 | 10.57% |
| 2021-03-31 | 17.71% |
| 2020-12-31 | 15.35% |
| 2020-09-30 | 20.38% |
| 2020-03-31 | 16.44% |
| 2019-12-31 | 22.54% |
| 2019-09-30 | 19.79% |
| 2019-06-30 | 15.04% |
| 2019-03-31 | 14.17% |
| 2018-12-31 | -214.76% |
| 2018-09-30 | -10.49% |
| 2018-06-30 | 27.45% |
| 2018-03-31 | 18.27% |
| 2017-12-31 | 138.37% |
| 2017-09-30 | 7.86% |
| 2017-06-30 | 11.94% |
| 2017-03-31 | 11.02% |
| 2016-12-31 | 13.27% |
| 2016-09-30 | 15.27% |
| 2016-06-30 | 12.24% |
| 2016-03-31 | 16.42% |
| 2015-12-31 | 14.71% |
| 2015-09-30 | 12.75% |
| 2015-06-30 | 2.24% |
| 2015-03-31 | 40.58% |
| 2014-12-31 | 43.60% |
| 2014-09-30 | 86.59% |
| 2014-06-30 | 22.38% |
| 2014-03-31 | 34.58% |
| 2013-12-31 | 10.44% |
| 2013-09-30 | 24.82% |
| 2013-06-30 | 20.82% |
| 2013-03-31 | 18.93% |
| 2012-12-31 | 24.58% |
| 2012-09-30 | 20.50% |
| 2012-06-30 | 25.29% |
| 2012-03-31 | 25.21% |
| 2011-12-31 | 7.39% |
| 2011-09-30 | 24.13% |
| 2011-06-30 | 24.61% |
| 2011-03-31 | 25.35% |
| 2010-12-31 | 22.23% |
| 2010-09-30 | 26.89% |
| 2010-06-30 | 27.93% |
| 2010-03-31 | 27.84% |
| 2009-12-31 | 41.50% |
| 2009-09-30 | 27.16% |
| 2009-06-30 | 27.18% |
| 2009-03-31 | 27.25% |
| 2008-12-31 | 26.94% |
| 2008-09-30 | 27.18% |
| 2008-06-30 | 27.21% |
| 2008-03-31 | 28.09% |
| 2007-12-31 | 28.10% |
| 2007-09-30 | 28.06% |
| 2007-06-30 | 27.64% |
| 2007-03-31 | 28.19% |
| 2006-12-31 | 28.22% |
| 2006-09-30 | 28.20% |
| 2006-06-30 | 27.88% |
| 2006-03-31 | 35.11% |
| 2005-12-31 | 29.79% |
| 2005-09-30 | 43.01% |
| 2005-06-30 | 29.50% |
| 2005-03-31 | 29.52% |
| 2004-12-31 | 29.96% |
| 2004-09-30 | 80.11% |
| 2004-06-30 | 30.02% |
| 2004-03-31 | 29.98% |
| 2003-12-31 | 30.48% |
| 2003-09-30 | 29.50% |
| 2003-06-30 | 31.00% |
| 2003-03-31 | 31.01% |
| 2002-12-31 | 28.94% |
| 2002-09-30 | 32.99% |
