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 21.07% is 23% above its 5-year average of 17.06%, near the high end of its 5-year range (-309.52%–25.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.85% above its 12-month average of 19.35%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-06-30): 21.07%.
TAX RATE
21.07%
TAX RATE AVG TTM
19.35%
TAX RATE AVG 3Y
17.33%
TAX RATE AVG 5Y
17.06%
TAX RATE AVG 10Y
16.06%
TAX RATE AVG 15Y
17.32%
TAX RATE AVG 20Y
20.39%
CURRENT VS TTM AVG
+8.85%
CURRENT VS 3Y AVG
+21.54%
CURRENT VS 5Y AVG
+23.48%
CURRENT VS 10Y AVG
+31.20%
CURRENT VS 15Y AVG
+21.65%
CURRENT VS 20Y AVG
+3.34%
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 | 21.07% |
| 2026-03-31 | 8.16% |
| 2025-12-31 | 20.89% |
| 2025-09-30 | 22.66% |
| 2025-06-30 | 23.99% |
| 2025-03-31 | 24.65% |
| 2024-12-31 | 16.89% |
| 2024-09-30 | 15.95% |
| 2024-06-30 | 14.04% |
| 2023-12-31 | 11.85% |
| 2023-09-30 | -16.40% |
| 2023-06-30 | 10.51% |
| 2023-03-31 | 24.08% |
| 2022-12-31 | 17.48% |
| 2022-09-30 | 25.44% |
| 2022-06-30 | -15.62% |
| 2022-03-31 | 6.09% |
| 2021-12-31 | 8.39% |
| 2021-09-30 | -309.52% |
| 2021-06-30 | 17.88% |
| 2021-03-31 | -20.51% |
| 2020-12-31 | -0.20% |
| 2020-03-31 | 24.91% |
| 2019-12-31 | 15.57% |
| 2019-09-30 | 17.13% |
| 2019-06-30 | 17.11% |
| 2019-03-31 | 13.34% |
| 2018-12-31 | 15.15% |
| 2018-09-30 | 19.29% |
| 2018-06-30 | 13.21% |
| 2018-03-31 | 11.70% |
| 2017-12-31 | -25.03% |
| 2017-09-30 | 27.02% |
| 2017-06-30 | 18.25% |
| 2017-03-31 | 17.49% |
| 2016-12-31 | 13.73% |
| 2016-09-30 | 16.30% |
| 2016-06-30 | -0.14% |
| 2016-03-31 | 23.71% |
| 2015-12-31 | 12.96% |
| 2015-09-30 | -29.40% |
| 2015-06-30 | 17.88% |
| 2015-03-31 | 23.19% |
| 2014-12-31 | 20.12% |
| 2014-09-30 | 23.67% |
| 2014-06-30 | 21.01% |
| 2014-03-31 | 14.31% |
| 2013-12-31 | 19.19% |
| 2013-09-30 | 18.03% |
| 2013-06-30 | 0.66% |
| 2013-03-31 | 13.11% |
| 2012-12-31 | 20.04% |
| 2012-09-30 | 25.35% |
| 2012-06-30 | 22.22% |
| 2012-03-31 | 25.52% |
| 2011-12-31 | 24.80% |
| 2011-09-30 | 21.02% |
| 2011-06-30 | 23.82% |
| 2011-03-31 | 20.61% |
| 2010-12-31 | 27.84% |
| 2010-09-30 | 26.34% |
| 2010-06-30 | 28.75% |
| 2010-03-31 | 29.57% |
| 2009-12-31 | 30.44% |
| 2009-09-30 | 27.32% |
| 2009-06-30 | 29.35% |
| 2009-03-31 | 29.73% |
| 2008-12-31 | 27.09% |
| 2008-09-30 | 30.44% |
| 2008-06-30 | 29.85% |
| 2008-03-31 | 27.69% |
| 2007-12-31 | 29.53% |
| 2007-09-30 | 31.22% |
| 2007-06-30 | 30.15% |
| 2007-03-31 | 29.52% |
| 2006-12-31 | 28.09% |
| 2006-09-30 | 28.61% |
| 2006-06-30 | 25.17% |
| 2006-03-31 | -72.09% |
| 2005-12-31 | 34.21% |
| 2005-09-30 | 24.89% |
| 2005-06-30 | 33.12% |
| 2004-09-30 | 21.95% |
| 2004-06-30 | 30.17% |
| 2004-03-31 | 30.49% |
| 2003-12-31 | 24.11% |
| 2003-09-30 | 26.70% |
| 2003-06-30 | 9.03% |
| 2003-03-31 | 30.23% |
| 2002-12-31 | 31.82% |
| 2002-09-30 | 31.87% |
