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 20.83% is 40% above its 5-year average of 14.85%, around the middle of its 5-year range (-28.67%–65.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 125.23% above its 12-month average of 9.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.83%
TAX RATE AVG TTM
9.25%
TAX RATE AVG 3Y
17.58%
TAX RATE AVG 5Y
14.40%
TAX RATE AVG 10Y
17.19%
TAX RATE AVG 15Y
17.74%
TAX RATE AVG 20Y
17.92%
CURRENT VS TTM AVG
+125.23%
CURRENT VS 3Y AVG
+18.52%
CURRENT VS 5Y AVG
+44.65%
CURRENT VS 10Y AVG
+21.21%
CURRENT VS 15Y AVG
+17.44%
CURRENT VS 20Y AVG
+16.28%
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 | 20.83% |
| 2026-03-31 | 20.81% |
| 2025-09-30 | -3.12% |
| 2025-06-30 | -1.52% |
| 2025-03-31 | 31.67% |
| 2024-09-30 | 12.32% |
| 2024-06-30 | -1.24% |
| 2024-03-31 | 20.98% |
| 2023-12-31 | 22.50% |
| 2023-09-30 | 4.26% |
| 2023-06-30 | 65.88% |
| 2023-03-31 | 18.21% |
| 2022-12-31 | -28.67% |
| 2022-09-30 | 15.32% |
| 2022-06-30 | 18.02% |
| 2022-03-31 | 31.83% |
| 2021-12-31 | 6.00% |
| 2021-09-30 | 7.73% |
| 2021-06-30 | 20.26% |
| 2021-03-31 | 23.87% |
| 2020-12-31 | 18.69% |
| 2020-09-30 | 22.05% |
| 2020-06-30 | 13.63% |
| 2019-09-30 | 37.43% |
| 2019-06-30 | 142.90% |
| 2018-12-31 | -29.64% |
| 2018-09-30 | 32.03% |
| 2018-03-31 | 29.89% |
| 2017-12-31 | -14.79% |
| 2017-09-30 | 29.45% |
| 2017-06-30 | -38.89% |
| 2017-03-31 | 21.84% |
| 2016-12-31 | 5.02% |
| 2016-09-30 | 41.62% |
| 2016-06-30 | 54.08% |
| 2016-03-31 | 34.92% |
| 2015-06-30 | 10.20% |
| 2014-06-30 | 42.00% |
| 2014-03-31 | 29.39% |
| 2013-09-30 | 20.62% |
| 2013-06-30 | -18.90% |
| 2013-03-31 | 23.37% |
| 2012-09-30 | 20.96% |
| 2012-06-30 | -77.09% |
| 2012-03-31 | 13.56% |
| 2011-12-31 | 21.11% |
| 2011-09-30 | 5.91% |
| 2011-06-30 | 28.67% |
| 2011-03-31 | 17.49% |
| 2010-12-31 | 16.52% |
| 2010-09-30 | 27.14% |
| 2010-06-30 | 15.97% |
| 2010-03-31 | -17.26% |
| 2009-12-31 | 25.36% |
| 2009-09-30 | 44.76% |
| 2009-06-30 | 69.73% |
| 2009-03-31 | 19.65% |
| 2008-12-31 | -91.15% |
| 2008-09-30 | -0.90% |
| 2008-06-30 | 23.52% |
| 2008-03-31 | 15.67% |
| 2007-12-31 | 7.67% |
| 2007-09-30 | 24.12% |
| 2007-06-30 | 25.14% |
| 2007-03-31 | 21.88% |
| 2006-12-31 | 25.42% |
| 2006-09-30 | 15.90% |
| 2006-06-30 | 11.67% |
| 2006-03-31 | 20.59% |
| 2005-12-31 | 11.64% |
| 2005-09-30 | 21.31% |
| 2005-06-30 | 21.31% |
| 2005-03-31 | 15.48% |
| 2004-12-31 | 49.62% |
| 2004-09-30 | 19.19% |
| 2004-06-30 | 12.80% |
| 2004-03-31 | 11.57% |
| 2003-12-31 | 48.89% |
| 2003-09-30 | 23.92% |
| 2003-06-30 | 25.97% |
| 2003-03-31 | 16.71% |
| 2002-12-31 | 14.57% |
