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 15.87% is 37% below its 5-year average of 25.13%, near the low end of its 5-year range (-16.32%–225.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.47% above its 12-month average of 14.91%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.87%
TAX RATE AVG TTM
14.91%
TAX RATE AVG 3Y
10.70%
TAX RATE AVG 5Y
8.48%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+6.47%
CURRENT VS 3Y AVG
+48.29%
CURRENT VS 5Y AVG
+87.09%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 15.87% |
| 2026-03-31 | 15.77% |
| 2025-12-31 | 12.06% |
| 2025-09-30 | 18.16% |
| 2025-06-30 | 12.69% |
| 2025-03-31 | 8.94% |
| 2024-12-31 | -16.32% |
| 2024-09-30 | 7.41% |
| 2024-06-30 | 5.31% |
| 2024-03-31 | 11.85% |
| 2023-12-31 | 3.72% |
| 2023-09-30 | 0.54% |
| 2023-06-30 | 16.12% |
| 2022-06-30 | 225.51% |
| 2021-12-31 | -9.76% |
| 2021-09-30 | 99.17% |
| 2021-06-30 | 0.10% |
| 2020-03-31 | 38.04% |
| 2019-12-31 | -44.68% |
| 2019-09-30 | 19.44% |
| 2019-06-30 | 19.51% |
| 2019-03-31 | 19.13% |
