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 17.28% is in line with its 5-year average of 16.09%, around the middle of its 5-year range (12.90%–21.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.09% below its 12-month average of 17.30%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.28%
TAX RATE AVG TTM
17.30%
TAX RATE AVG 3Y
16.67%
TAX RATE AVG 5Y
15.84%
TAX RATE AVG 10Y
14.75%
TAX RATE AVG 15Y
12.69%
TAX RATE AVG 20Y
13.82%
CURRENT VS TTM AVG
-0.09%
CURRENT VS 3Y AVG
+3.69%
CURRENT VS 5Y AVG
+9.12%
CURRENT VS 10Y AVG
+17.16%
CURRENT VS 15Y AVG
+36.23%
CURRENT VS 20Y AVG
+25.03%
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 | 17.28% |
| 2026-03-31 | 16.55% |
| 2025-12-31 | 17.89% |
| 2025-09-28 | 17.23% |
| 2025-06-30 | 17.55% |
| 2025-03-31 | 16.49% |
| 2024-12-31 | 21.18% |
| 2024-09-30 | 17.52% |
| 2024-06-30 | 15.60% |
| 2024-03-31 | 15.47% |
| 2023-12-31 | 15.84% |
| 2023-09-30 | 15.36% |
| 2023-06-30 | 17.22% |
| 2023-04-02 | 13.40% |
| 2022-12-31 | 16.44% |
| 2022-10-02 | 12.90% |
| 2022-06-30 | 14.86% |
| 2022-03-31 | 14.13% |
| 2021-12-31 | 15.12% |
| 2021-09-30 | 13.47% |
| 2021-06-30 | 16.44% |
| 2021-03-31 | 14.75% |
| 2020-12-31 | 11.19% |
| 2020-09-30 | 13.56% |
| 2020-06-30 | 18.14% |
| 2020-03-31 | 11.05% |
| 2019-12-31 | 9.89% |
| 2019-09-30 | 9.40% |
| 2019-06-30 | 3.86% |
| 2019-03-31 | -5.02% |
| 2018-12-31 | 4.85% |
| 2018-09-30 | 16.00% |
| 2018-06-30 | 15.55% |
| 2018-03-31 | 12.12% |
| 2017-12-31 | 10.74% |
| 2017-09-30 | 13.37% |
| 2017-06-30 | 14.44% |
| 2017-03-31 | 13.17% |
| 2016-12-31 | 13.31% |
| 2016-09-30 | 14.25% |
| 2016-06-30 | 11.68% |
| 2016-03-31 | 11.76% |
| 2015-12-31 | 6.74% |
| 2015-09-30 | 12.44% |
| 2015-06-30 | 10.85% |
| 2015-03-31 | 10.95% |
| 2014-12-31 | 6.82% |
| 2014-09-30 | 5.94% |
| 2014-06-30 | 5.97% |
| 2014-03-31 | 5.32% |
| 2013-12-31 | -1.01% |
| 2013-09-30 | 3.74% |
| 2013-06-30 | -1.11% |
| 2013-03-31 | 7.68% |
| 2012-12-31 | -63.66% |
| 2012-09-30 | 12.79% |
| 2012-06-30 | 11.60% |
| 2012-03-31 | 12.83% |
| 2011-12-31 | 2.26% |
| 2011-09-30 | 13.26% |
| 2011-06-30 | 12.92% |
| 2011-03-31 | 12.55% |
| 2010-12-31 | 17.40% |
| 2010-09-30 | 17.69% |
| 2010-06-30 | 17.43% |
| 2010-03-31 | 19.99% |
| 2009-12-31 | 22.25% |
| 2009-09-30 | 45.30% |
| 2008-09-30 | 18.92% |
| 2008-06-30 | -22.10% |
| 2008-03-31 | 24.51% |
| 2007-12-31 | 4.43% |
| 2007-09-30 | 23.85% |
| 2007-06-30 | 25.72% |
| 2007-03-31 | 25.94% |
| 2006-12-31 | 27.98% |
| 2006-09-30 | 27.96% |
| 2006-06-30 | 29.10% |
| 2006-03-31 | 27.22% |
| 2005-12-31 | 29.11% |
| 2005-09-30 | 26.64% |
| 2005-06-30 | 29.16% |
| 2005-03-31 | 28.00% |
| 2004-12-31 | 38.40% |
| 2004-09-30 | 32.00% |
| 2004-06-30 | 32.00% |
| 2004-03-31 | 32.00% |
| 2003-12-31 | 32.49% |
| 2002-12-31 | 0.00% |