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 14.44% is 16% below its 5-year average of 17.19%, near the low end of its 5-year range (12.37%–20.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.35% below its 12-month average of 14.94%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
14.44%
TAX RATE AVG TTM
14.94%
TAX RATE AVG 3Y
15.85%
TAX RATE AVG 5Y
17.19%
TAX RATE AVG 10Y
18.14%
TAX RATE AVG 15Y
21.76%
TAX RATE AVG 20Y
22.00%
CURRENT VS TTM AVG
-3.35%
CURRENT VS 3Y AVG
-8.92%
CURRENT VS 5Y AVG
-16.01%
CURRENT VS 10Y AVG
-20.44%
CURRENT VS 15Y AVG
-33.67%
CURRENT VS 20Y AVG
-34.37%
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 | 14.44% |
| 2026-03-31 | 12.37% |
| 2025-12-31 | 13.43% |
| 2025-09-30 | 16.41% |
| 2025-06-30 | 18.04% |
| 2025-03-31 | 17.85% |
| 2024-12-31 | 17.05% |
| 2024-09-30 | 15.85% |
| 2024-03-31 | 17.00% |
| 2023-09-30 | 15.47% |
| 2023-06-30 | 16.44% |
| 2023-03-31 | 20.38% |
| 2022-12-31 | 16.69% |
| 2022-09-30 | 18.15% |
| 2022-06-30 | 19.54% |
| 2022-03-31 | 18.90% |
| 2021-12-31 | 18.64% |
| 2021-09-30 | 19.89% |
| 2021-06-30 | 20.02% |
| 2021-03-31 | 19.24% |
| 2020-12-31 | 18.95% |
| 2020-09-30 | 18.27% |
| 2020-06-30 | 16.62% |
| 2020-03-31 | 17.40% |
| 2019-12-31 | 17.41% |
| 2019-09-30 | 20.84% |
| 2019-06-30 | 20.91% |
| 2019-03-31 | 18.15% |
| 2018-12-31 | 20.30% |
| 2018-09-30 | 20.02% |
| 2018-06-30 | 19.73% |
| 2018-03-31 | 19.04% |
| 2017-12-31 | 23.86% |
| 2017-09-30 | 31.21% |
| 2017-06-30 | 31.08% |
| 2017-03-31 | 19.62% |
| 2016-12-31 | 30.86% |
| 2016-09-30 | 29.84% |
| 2016-06-30 | 30.04% |
| 2016-03-31 | 30.15% |
| 2015-12-31 | 31.65% |
| 2015-09-30 | 29.40% |
| 2015-06-30 | 13.77% |
| 2015-03-31 | 30.58% |
| 2014-12-31 | 27.93% |
| 2014-09-30 | 23.72% |
| 2014-06-30 | 31.17% |
| 2014-03-31 | 30.88% |
| 2013-12-31 | 29.24% |
| 2013-09-30 | 59.29% |
| 2013-06-30 | 27.73% |
| 2013-03-31 | 65.26% |
| 2012-12-31 | 27.38% |
| 2012-09-30 | 26.30% |
| 2012-06-30 | 26.20% |
| 2012-03-31 | 29.81% |
| 2011-12-31 | 17.36% |
| 2011-09-30 | 15.49% |
| 2011-06-30 | 21.77% |
| 2011-03-31 | 18.47% |
| 2010-12-31 | 6.47% |
| 2010-09-30 | 10.98% |
| 2010-06-30 | 10.04% |
| 2010-03-31 | 19.83% |
| 2009-12-31 | 6.28% |
| 2009-09-30 | -6.08% |
| 2009-06-30 | 16.47% |
| 2009-03-31 | 26.39% |
| 2008-12-31 | 7.58% |
| 2008-09-30 | 29.39% |
| 2008-06-30 | 28.88% |
| 2008-03-31 | 31.90% |
| 2007-12-31 | 29.50% |
| 2007-09-30 | 32.73% |
| 2007-06-30 | 33.04% |
| 2007-03-31 | 34.53% |
| 2006-12-31 | 55.55% |
| 2006-09-30 | 32.74% |
| 2006-06-30 | 34.00% |
| 2006-03-31 | 32.55% |
| 2005-12-31 | 31.96% |
| 2005-09-30 | 33.05% |
| 2005-06-30 | 33.44% |
| 2005-03-31 | 33.44% |
| 2004-12-31 | 32.57% |
| 2004-09-30 | 33.50% |
| 2004-06-30 | 33.17% |
| 2004-03-31 | 32.20% |
| 2003-12-31 | 45.37% |
| 2003-09-30 | 15.16% |
| 2003-06-30 | 30.05% |
| 2003-03-31 | 30.27% |
| 2002-12-31 | 26.75% |
| 2002-09-30 | 27.76% |
