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 26.18% is in line with its 5-year average of 23.99%, near the high end of its 5-year range (7.28%–32.93%).
As of the fiscal period ended Monday, June 30, 2025. 29.14% above its 12-month average of 20.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
26.18%
TAX RATE AVG TTM
20.27%
TAX RATE AVG 3Y
24.28%
TAX RATE AVG 5Y
24.42%
TAX RATE AVG 10Y
28.22%
TAX RATE AVG 15Y
31.89%
TAX RATE AVG 20Y
34.56%
CURRENT VS TTM AVG
+29.14%
CURRENT VS 3Y AVG
+7.82%
CURRENT VS 5Y AVG
+7.19%
CURRENT VS 10Y AVG
-7.24%
CURRENT VS 15Y AVG
-17.91%
CURRENT VS 20Y AVG
-24.26%
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 |
|---|---|
| 2025-06-30 | 26.18% |
| 2024-12-31 | 7.28% |
| 2024-09-30 | 23.46% |
| 2024-06-30 | 24.16% |
| 2024-03-31 | 32.93% |
| 2023-12-31 | 23.08% |
| 2023-09-30 | 23.03% |
| 2023-06-30 | 25.15% |
| 2023-03-31 | 24.29% |
| 2022-12-31 | 24.67% |
| 2022-09-30 | 24.34% |
| 2022-06-30 | 24.44% |
| 2022-03-31 | 24.06% |
| 2021-12-31 | 23.00% |
| 2021-09-30 | 24.64% |
| 2021-06-30 | 25.46% |
| 2021-03-31 | 24.88% |
| 2020-12-31 | 25.37% |
| 2020-09-30 | 24.64% |
| 2020-06-30 | 24.76% |
| 2020-03-31 | 23.28% |
| 2019-12-31 | 24.37% |
| 2019-09-30 | 24.42% |
| 2019-06-30 | 25.24% |
| 2019-03-31 | 25.10% |
| 2018-12-31 | 26.79% |
| 2018-09-30 | 24.73% |
| 2018-06-30 | 24.84% |
| 2018-03-31 | 21.27% |
| 2017-12-31 | -210.68% |
| 2017-09-30 | 37.56% |
| 2017-06-30 | 37.27% |
| 2017-03-31 | 38.52% |
| 2016-12-31 | 38.00% |
| 2016-09-30 | 35.50% |
| 2016-06-30 | 39.00% |
| 2016-03-31 | 39.00% |
| 2015-12-31 | 36.49% |
| 2015-09-30 | 39.50% |
| 2015-06-30 | 38.98% |
| 2015-03-31 | 39.50% |
| 2014-12-31 | 38.00% |
| 2014-09-30 | 38.34% |
| 2014-06-30 | 40.25% |
| 2014-03-31 | 40.25% |
| 2013-12-31 | 39.50% |
| 2013-09-30 | 35.79% |
| 2013-06-30 | 39.75% |
| 2013-03-31 | 39.75% |
| 2012-12-31 | 40.50% |
| 2012-09-30 | 40.50% |
| 2012-06-30 | 40.50% |
| 2012-03-31 | 40.50% |
| 2011-12-31 | 41.25% |
| 2011-09-30 | 41.25% |
| 2011-06-30 | 41.25% |
| 2011-03-31 | 41.25% |
| 2010-12-31 | 41.25% |
| 2010-09-30 | 40.58% |
| 2010-06-30 | 41.75% |
| 2010-03-31 | 41.75% |
| 2009-12-31 | 42.21% |
| 2009-09-30 | 43.00% |
| 2009-06-30 | 43.40% |
| 2009-03-31 | 42.25% |
| 2008-12-31 | 41.27% |
| 2008-09-30 | 42.45% |
| 2008-06-30 | 43.09% |
| 2008-03-31 | 41.99% |
| 2007-12-31 | 55.05% |
| 2007-09-30 | 41.73% |
| 2007-06-30 | 41.75% |
| 2007-03-31 | 41.77% |
| 2006-12-31 | 41.02% |
| 2006-09-30 | 41.04% |
| 2006-06-30 | 40.99% |
| 2006-03-31 | 41.26% |
| 2005-12-31 | 41.01% |
| 2005-09-30 | 41.01% |
| 2005-06-30 | 41.04% |
| 2005-03-31 | 41.01% |
| 2004-12-31 | 39.51% |
| 2004-09-30 | 39.51% |
| 2004-06-30 | 39.07% |
| 2004-03-31 | 38.60% |
| 2003-12-31 | 37.51% |
| 2003-09-30 | 37.51% |
| 2003-06-30 | 37.50% |
| 2003-03-31 | 37.50% |
| 2002-12-31 | 37.50% |
| 2002-09-30 | 37.50% |
| 2002-06-30 | 37.50% |
