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 24.90% is 14% above its 5-year average of 21.76%, near the high end of its 5-year range (11.78%–29.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.50% above its 12-month average of 23.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.90%
TAX RATE AVG TTM
23.16%
TAX RATE AVG 3Y
21.03%
TAX RATE AVG 5Y
21.76%
TAX RATE AVG 10Y
22.58%
TAX RATE AVG 15Y
23.92%
TAX RATE AVG 20Y
25.60%
CURRENT VS TTM AVG
+7.50%
CURRENT VS 3Y AVG
+18.42%
CURRENT VS 5Y AVG
+14.43%
CURRENT VS 10Y AVG
+10.28%
CURRENT VS 15Y AVG
+4.09%
CURRENT VS 20Y AVG
-2.74%
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 | 24.90% |
| 2026-03-31 | 18.16% |
| 2025-12-31 | 23.15% |
| 2025-09-30 | 23.54% |
| 2025-06-30 | 26.07% |
| 2025-03-31 | 14.07% |
| 2024-12-31 | 21.02% |
| 2024-09-30 | 25.34% |
| 2024-06-30 | 23.68% |
| 2024-03-31 | 15.16% |
| 2023-12-31 | 22.73% |
| 2023-09-30 | 11.78% |
| 2023-06-30 | 23.74% |
| 2023-03-31 | 24.77% |
| 2022-12-31 | 20.88% |
| 2022-09-30 | 19.52% |
| 2022-06-30 | 27.10% |
| 2022-03-31 | 16.17% |
| 2021-12-31 | 22.65% |
| 2021-09-30 | 22.81% |
| 2021-06-30 | 29.71% |
| 2021-03-31 | 19.99% |
| 2020-12-31 | 19.70% |
| 2020-09-30 | 23.42% |
| 2020-06-30 | 20.48% |
| 2020-03-31 | -2.28% |
| 2019-12-31 | 18.36% |
| 2019-09-30 | 23.36% |
| 2019-06-30 | 24.12% |
| 2019-03-31 | 21.94% |
| 2018-12-31 | 21.04% |
| 2018-09-30 | 15.82% |
| 2018-06-30 | 23.87% |
| 2018-03-31 | 19.50% |
| 2017-12-31 | -54.85% |
| 2017-09-30 | 31.70% |
| 2017-06-30 | 30.09% |
| 2017-03-31 | 23.60% |
| 2016-12-31 | 28.31% |
| 2016-09-30 | 27.52% |
| 2016-06-30 | 30.75% |
| 2016-03-31 | 29.29% |
| 2015-12-31 | 24.30% |
| 2015-09-30 | 29.13% |
| 2015-06-30 | 30.99% |
| 2015-03-31 | 23.82% |
| 2014-12-31 | 25.65% |
| 2014-09-30 | 21.00% |
| 2014-06-30 | 26.10% |
| 2014-03-31 | 30.34% |
| 2013-12-31 | 26.53% |
| 2013-09-30 | 23.10% |
| 2013-06-30 | 23.09% |
| 2013-03-31 | 29.89% |
| 2012-12-31 | 30.70% |
| 2012-09-30 | 27.62% |
| 2012-06-30 | 29.02% |
| 2012-03-31 | 31.38% |
| 2011-12-31 | 28.47% |
| 2011-09-30 | 14.29% |
| 2011-06-30 | 26.13% |
| 2011-03-31 | 30.63% |
| 2010-12-31 | 32.25% |
| 2010-09-30 | 25.61% |
| 2010-06-30 | 37.46% |
| 2010-03-31 | 34.76% |
| 2009-12-31 | 36.86% |
| 2009-09-30 | 23.22% |
| 2009-06-30 | 27.81% |
| 2009-03-31 | 32.61% |
| 2008-09-30 | 36.82% |
| 2008-06-30 | 35.00% |
| 2008-03-31 | 35.00% |
| 2007-12-31 | 33.34% |
| 2007-09-30 | 15.80% |
| 2007-06-30 | 25.22% |
| 2007-03-31 | 25.56% |
| 2006-12-31 | 35.20% |
| 2006-09-30 | 58.73% |
| 2006-06-30 | 36.69% |
| 2006-03-31 | 36.79% |
| 2005-12-31 | 36.78% |
| 2005-09-30 | 37.41% |
| 2005-06-30 | 36.48% |
| 2005-03-31 | 36.76% |
| 2004-12-31 | 20.35% |
| 2004-06-30 | 33.97% |
| 2004-03-31 | 26.58% |
| 2003-12-31 | 70.20% |
| 2003-09-30 | 24.96% |
| 2003-06-30 | 38.50% |
| 2003-03-31 | 38.50% |
| 2002-12-31 | 40.50% |
| 2002-09-30 | 40.50% |
