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 11.53% is in line with its 5-year average of 12.34%, around the middle of its 5-year range (7.60%–15.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.35% below its 12-month average of 12.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
11.53%
TAX RATE AVG TTM
12.58%
TAX RATE AVG 3Y
11.91%
TAX RATE AVG 5Y
12.34%
TAX RATE AVG 10Y
13.10%
TAX RATE AVG 15Y
17.20%
TAX RATE AVG 20Y
19.63%
CURRENT VS TTM AVG
-8.35%
CURRENT VS 3Y AVG
-3.22%
CURRENT VS 5Y AVG
-6.56%
CURRENT VS 10Y AVG
-11.97%
CURRENT VS 15Y AVG
-32.96%
CURRENT VS 20Y AVG
-41.28%
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 | 11.53% |
| 2026-03-31 | 9.86% |
| 2025-12-31 | 15.23% |
| 2025-09-30 | 13.89% |
| 2025-06-30 | 12.38% |
| 2025-03-31 | 7.60% |
| 2024-12-31 | 11.33% |
| 2024-09-30 | 12.36% |
| 2024-06-30 | 9.62% |
| 2024-03-31 | 14.54% |
| 2023-12-31 | 11.43% |
| 2023-09-30 | 11.08% |
| 2023-06-30 | 13.99% |
| 2023-03-31 | 12.23% |
| 2022-12-31 | 9.46% |
| 2022-09-30 | 13.66% |
| 2022-06-30 | 14.55% |
| 2022-03-31 | 12.87% |
| 2021-12-31 | 13.20% |
| 2021-09-30 | 14.42% |
| 2021-06-30 | 13.87% |
| 2021-03-31 | 9.59% |
| 2020-12-31 | 12.40% |
| 2020-09-30 | 14.74% |
| 2020-06-30 | -7.90% |
| 2020-03-31 | 4.08% |
| 2019-12-31 | 14.88% |
| 2019-09-30 | 9.81% |
| 2019-06-30 | 13.80% |
| 2019-03-31 | 11.62% |
| 2018-12-31 | 17.56% |
| 2018-09-30 | 18.40% |
| 2018-06-30 | 17.64% |
| 2018-03-31 | 12.04% |
| 2017-12-31 | 77.81% |
| 2017-09-30 | 28.17% |
| 2017-06-30 | 28.94% |
| 2017-03-31 | 20.56% |
| 2016-12-31 | 30.06% |
| 2016-09-30 | 26.29% |
| 2016-06-30 | 25.68% |
| 2016-03-31 | 25.16% |
| 2015-12-31 | 26.60% |
| 2015-09-30 | 30.49% |
| 2015-06-30 | 29.63% |
| 2015-03-31 | 30.21% |
| 2014-12-31 | 24.10% |
| 2014-09-30 | 28.48% |
| 2014-06-30 | 28.93% |
| 2014-03-31 | 27.42% |
| 2013-12-31 | 25.07% |
| 2013-09-30 | 22.92% |
| 2013-06-30 | 25.17% |
| 2013-03-31 | 3.21% |
| 2012-12-31 | -70.32% |
| 2012-09-30 | 7.00% |
| 2012-06-30 | 22.57% |
| 2012-03-31 | 26.80% |
| 2011-12-31 | 14.37% |
| 2011-09-30 | 22.95% |
| 2011-06-30 | 26.07% |
| 2011-03-31 | 27.45% |
| 2010-12-31 | 24.52% |
| 2010-09-30 | 30.45% |
| 2010-06-30 | 30.78% |
| 2010-03-31 | 31.24% |
| 2009-12-31 | 25.65% |
| 2009-09-30 | 29.67% |
| 2009-06-30 | 26.97% |
| 2009-03-31 | -13.33% |
| 2008-12-31 | -197.22% |
| 2008-09-30 | 25.53% |
| 2008-06-30 | 30.82% |
| 2008-03-31 | 21.19% |
| 2007-12-31 | 27.74% |
| 2007-09-30 | 28.89% |
| 2007-06-30 | 29.02% |
| 2007-03-31 | 28.23% |
| 2006-12-31 | 19.86% |
| 2006-09-30 | 30.28% |
| 2006-06-30 | 28.87% |
| 2006-03-31 | 29.34% |
| 2005-12-31 | 23.84% |
| 2005-09-30 | 26.24% |
| 2005-06-30 | 13.14% |
| 2005-03-31 | 24.31% |
| 2004-12-31 | 13.73% |
| 2004-09-30 | 21.26% |
| 2004-06-30 | 29.10% |
| 2004-03-31 | 28.88% |
| 2003-12-31 | 8.56% |
| 2003-09-30 | -16.41% |
| 2003-06-30 | 19.87% |
| 2003-03-31 | 24.03% |
| 2002-09-30 | -23.68% |
