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 25.69% is in line with its 5-year average of 23.80%, near the high end of its 5-year range (-2.04%–35.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.74% below its 12-month average of 26.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.69%
TAX RATE AVG TTM
26.41%
TAX RATE AVG 3Y
25.74%
TAX RATE AVG 5Y
25.16%
TAX RATE AVG 10Y
24.73%
TAX RATE AVG 15Y
25.18%
TAX RATE AVG 20Y
28.47%
CURRENT VS TTM AVG
-2.74%
CURRENT VS 3Y AVG
-0.22%
CURRENT VS 5Y AVG
+2.11%
CURRENT VS 10Y AVG
+3.86%
CURRENT VS 15Y AVG
+2.00%
CURRENT VS 20Y AVG
-9.78%
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 | 25.69% |
| 2026-03-31 | 18.55% |
| 2025-12-31 | 35.16% |
| 2025-09-30 | 26.79% |
| 2025-06-30 | 25.87% |
| 2025-03-31 | 24.18% |
| 2024-12-31 | 25.74% |
| 2024-09-30 | 29.63% |
| 2024-06-30 | -2.04% |
| 2024-03-31 | 25.56% |
| 2023-12-31 | 25.64% |
| 2023-09-30 | 26.50% |
| 2023-06-30 | 29.55% |
| 2023-03-31 | 19.05% |
| 2022-09-30 | 22.69% |
| 2022-06-30 | 24.41% |
| 2022-03-31 | 20.00% |
| 2021-12-31 | 17.65% |
| 2021-09-30 | 34.38% |
| 2021-06-30 | 20.98% |
| 2021-03-31 | 23.17% |
| 2020-12-31 | 20.50% |
| 2020-09-30 | 45.59% |
| 2020-03-31 | 28.57% |
| 2019-12-31 | 21.90% |
| 2019-09-30 | 20.00% |
| 2019-06-30 | 24.08% |
| 2019-03-31 | 26.76% |
| 2018-12-31 | 22.96% |
| 2018-09-30 | 26.28% |
| 2018-06-30 | 25.35% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | -249.83% |
| 2017-09-30 | 29.98% |
| 2017-06-30 | 32.71% |
| 2017-03-31 | -64.90% |
| 2016-12-31 | 6.69% |
| 2016-09-30 | 11.25% |
| 2016-06-30 | 39.57% |
| 2011-09-30 | 54.87% |
| 2011-06-30 | 41.52% |
| 2011-03-31 | 41.88% |
| 2010-12-31 | 34.82% |
| 2010-09-30 | 39.08% |
| 2010-06-30 | 40.29% |
| 2010-03-31 | 43.80% |
| 2009-12-31 | 43.73% |
| 2009-09-30 | 42.79% |
| 2009-06-30 | 46.59% |
| 2008-12-31 | 42.59% |
| 2008-09-30 | 39.76% |
| 2008-06-30 | 40.72% |
| 2008-03-31 | 39.57% |
| 2007-12-31 | 36.79% |
| 2007-09-30 | 37.47% |
| 2007-06-30 | 37.74% |
| 2007-03-31 | 37.62% |
| 2006-12-31 | -242.06% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2003-09-30 | 28.95% |
| 2003-06-30 | 29.16% |
| 2003-03-31 | 29.02% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
