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 16.11% is 11% below its 5-year average of 18.11%, around the middle of its 5-year range (-23.44%–96.22%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.71% above its 12-month average of 15.09%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.11%
TAX RATE AVG TTM
15.09%
TAX RATE AVG 3Y
15.37%
TAX RATE AVG 5Y
15.29%
TAX RATE AVG 10Y
11.23%
TAX RATE AVG 15Y
11.28%
TAX RATE AVG 20Y
10.57%
CURRENT VS TTM AVG
+6.71%
CURRENT VS 3Y AVG
+4.83%
CURRENT VS 5Y AVG
+5.37%
CURRENT VS 10Y AVG
+43.40%
CURRENT VS 15Y AVG
+42.84%
CURRENT VS 20Y AVG
+52.38%
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 | 16.11% |
| 2026-03-31 | 13.55% |
| 2025-12-31 | 16.21% |
| 2025-09-30 | 14.49% |
| 2025-06-30 | 15.11% |
| 2025-03-31 | 16.79% |
| 2024-12-31 | 14.89% |
| 2024-09-30 | 13.55% |
| 2024-06-30 | 21.53% |
| 2024-03-31 | 15.09% |
| 2023-12-31 | 29.63% |
| 2023-09-30 | 17.59% |
| 2023-06-30 | 15.65% |
| 2023-03-31 | 18.45% |
| 2022-12-31 | -23.44% |
| 2022-09-30 | 96.22% |
| 2022-03-31 | 16.21% |
| 2021-12-31 | 12.96% |
| 2021-09-30 | 12.52% |
| 2021-06-30 | 9.16% |
| 2021-03-31 | -0.01% |
| 2020-12-31 | 12.80% |
| 2020-09-30 | 5.61% |
| 2020-06-30 | 9.82% |
| 2019-12-31 | 2.87% |
| 2019-09-30 | -15.51% |
| 2019-06-30 | 5.65% |
| 2019-03-31 | 3.69% |
| 2018-09-30 | 2.75% |
| 2018-06-30 | 8.21% |
| 2018-03-31 | 6.08% |
| 2017-12-31 | 43.89% |
| 2017-09-30 | 6.65% |
| 2017-06-30 | 3.87% |
| 2017-03-31 | 5.42% |
| 2016-12-31 | 5.88% |
| 2016-09-30 | 3.85% |
| 2016-06-30 | 9.29% |
| 2016-03-31 | 2.74% |
| 2015-12-31 | 10.49% |
| 2015-06-30 | 11.01% |
| 2015-03-31 | 6.79% |
| 2014-12-31 | 5.58% |
| 2014-09-30 | 12.50% |
| 2014-06-30 | 6.37% |
| 2014-03-31 | 7.63% |
| 2013-12-31 | 5.75% |
| 2013-09-30 | 11.09% |
| 2013-06-30 | 9.90% |
| 2013-03-31 | 10.66% |
| 2012-12-31 | 35.10% |
| 2012-09-30 | 16.64% |
| 2012-06-30 | 30.48% |
| 2012-03-31 | 8.49% |
| 2011-12-31 | 35.47% |
| 2011-06-30 | 25.80% |
| 2011-03-31 | 33.14% |
| 2010-12-31 | 30.14% |
| 2010-09-30 | -2.95% |
| 2007-06-30 | -0.08% |
| 2007-03-31 | 0.34% |
| 2006-09-30 | 0.88% |
| 2006-06-30 | -0.21% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
