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 21.56% is in line with its 5-year average of 20.84%, near the high end of its 5-year range (7.22%–24.73%).
As of the fiscal period ended Tuesday, June 30, 2026. 23.73% above its 12-month average of 17.43%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.56%
TAX RATE AVG TTM
17.43%
TAX RATE AVG 3Y
21.24%
TAX RATE AVG 5Y
22.58%
TAX RATE AVG 10Y
22.57%
TAX RATE AVG 15Y
25.87%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+23.73%
CURRENT VS 3Y AVG
+1.53%
CURRENT VS 5Y AVG
-4.49%
CURRENT VS 10Y AVG
-4.47%
CURRENT VS 15Y AVG
-16.65%
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 | 21.56% |
| 2026-03-31 | 15.03% |
| 2025-12-31 | 7.22% |
| 2025-09-30 | 23.59% |
| 2025-06-30 | 19.74% |
| 2025-03-31 | 17.74% |
| 2024-12-31 | 8.98% |
| 2024-09-30 | 23.15% |
| 2024-06-30 | 20.28% |
| 2024-03-31 | 22.45% |
| 2023-12-31 | 22.55% |
| 2023-09-30 | 22.79% |
| 2023-06-30 | 24.73% |
| 2023-03-31 | 23.45% |
| 2022-12-31 | 24.26% |
| 2022-09-30 | 24.61% |
| 2022-06-30 | 23.87% |
| 2022-03-31 | 23.72% |
| 2021-12-31 | 20.54% |
| 2021-09-30 | 22.65% |
| 2021-06-30 | 24.73% |
| 2021-03-31 | 24.03% |
| 2020-12-31 | 24.81% |
| 2020-09-30 | 20.34% |
| 2020-06-30 | 23.41% |
| 2020-03-31 | 23.19% |
| 2019-12-31 | 21.69% |
| 2019-09-30 | 20.64% |
| 2019-06-30 | 24.10% |
| 2019-03-31 | 21.90% |
| 2018-12-31 | 29.55% |
| 2018-09-30 | 7.67% |
| 2018-06-30 | 23.34% |
| 2018-03-31 | 21.88% |
| 2017-12-31 | 127.58% |
| 2017-09-30 | 33.86% |
| 2017-06-30 | 30.58% |
| 2017-03-31 | 30.60% |
| 2016-12-31 | 21.44% |
| 2016-09-30 | 33.01% |
| 2016-06-30 | 34.51% |
| 2016-03-31 | 24.92% |
| 2015-12-31 | 86.15% |
| 2015-09-30 | 32.63% |
| 2015-06-30 | 104.75% |
| 2015-03-31 | 32.68% |
| 2014-09-30 | 25.50% |
| 2014-06-30 | 32.82% |
| 2014-03-31 | 24.46% |
| 2013-12-31 | 41.53% |
| 2013-09-30 | 29.98% |
| 2013-06-30 | 29.77% |
| 2013-03-31 | 26.59% |
| 2012-12-31 | 42.48% |
| 2012-09-30 | 2.67% |
| 2012-06-30 | 34.30% |
| 2012-03-31 | 31.70% |
| 2011-12-31 | 30.76% |
| 2011-09-30 | 33.20% |
| 2011-06-30 | 30.51% |
| 2011-03-31 | 27.73% |
| 2010-12-31 | 24.52% |
| 2010-09-30 | 38.22% |
| 2010-06-30 | 38.27% |
| 2010-03-31 | 44.02% |
| 2009-12-31 | 30.00% |
| 2009-09-30 | 30.77% |
| 2009-06-30 | 37.09% |
| 2009-03-31 | 40.01% |
