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 26.41% is in line with its 5-year average of 24.91%, near the high end of its 5-year range (21.87%–26.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.31% above its 12-month average of 25.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
26.41%
TAX RATE AVG TTM
25.57%
TAX RATE AVG 3Y
25.56%
TAX RATE AVG 5Y
24.91%
TAX RATE AVG 10Y
23.91%
TAX RATE AVG 15Y
28.42%
TAX RATE AVG 20Y
29.17%
CURRENT VS TTM AVG
+3.31%
CURRENT VS 3Y AVG
+3.32%
CURRENT VS 5Y AVG
+6.06%
CURRENT VS 10Y AVG
+10.47%
CURRENT VS 15Y AVG
-7.06%
CURRENT VS 20Y AVG
-9.46%
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 | 26.41% |
| 2026-03-31 | 26.21% |
| 2025-12-31 | 24.28% |
| 2025-09-30 | 25.27% |
| 2025-06-30 | 25.68% |
| 2025-03-31 | 26.02% |
| 2024-12-31 | 24.84% |
| 2024-09-30 | 26.01% |
| 2024-06-30 | 25.97% |
| 2024-03-31 | 21.87% |
| 2023-12-31 | 22.22% |
| 2023-09-30 | 24.85% |
| 2023-06-30 | 25.69% |
| 2023-03-31 | 22.34% |
| 2022-12-31 | 24.66% |
| 2022-09-30 | 25.36% |
| 2022-06-30 | 25.95% |
| 2022-03-31 | 24.27% |
| 2021-12-31 | 25.06% |
| 2021-09-30 | 23.92% |
| 2021-06-30 | 26.16% |
| 2021-03-31 | 19.49% |
| 2020-12-31 | 19.22% |
| 2020-09-30 | 22.75% |
| 2020-06-30 | 22.94% |
| 2020-03-31 | 20.73% |
| 2019-12-31 | 21.36% |
| 2019-09-30 | 22.69% |
| 2019-06-30 | 24.73% |
| 2019-03-31 | 20.20% |
| 2018-12-31 | 22.89% |
| 2018-09-30 | 22.94% |
| 2018-06-30 | 24.72% |
| 2018-03-31 | 23.36% |
| 2017-12-31 | -5.74% |
| 2017-09-30 | 37.51% |
| 2017-06-30 | 27.85% |
| 2017-03-31 | 21.88% |
| 2016-12-31 | 36.61% |
| 2016-09-30 | 36.48% |
| 2016-06-30 | 37.33% |
| 2016-03-31 | 37.21% |
| 2015-12-31 | 36.98% |
| 2015-09-30 | 38.71% |
| 2015-06-30 | 37.13% |
| 2015-03-31 | 37.13% |
| 2014-12-31 | 35.33% |
| 2014-09-30 | 37.88% |
| 2014-06-30 | 36.88% |
| 2014-03-31 | 37.00% |
| 2013-12-31 | 27.36% |
| 2013-06-30 | 36.20% |
| 2013-03-31 | 36.40% |
| 2012-12-31 | 30.77% |
| 2012-09-30 | 39.87% |
| 2012-06-30 | 38.36% |
| 2012-03-31 | 27.81% |
| 2011-12-31 | 36.45% |
| 2011-09-30 | 32.18% |
| 2010-03-31 | 37.14% |
| 2007-06-30 | 38.03% |
| 2007-03-31 | 37.02% |
| 2006-12-31 | 37.96% |
| 2006-09-30 | 33.16% |
| 2006-06-30 | 35.43% |
| 2006-03-31 | 37.38% |
| 2005-12-31 | 36.26% |
| 2005-09-30 | 36.86% |
| 2005-06-30 | 36.73% |
| 2005-03-31 | 38.93% |
| 2004-12-31 | 39.53% |
| 2004-09-30 | 39.64% |
| 2004-06-30 | 39.67% |
| 2004-03-31 | 39.64% |
| 2003-12-31 | 39.50% |
| 2003-09-30 | 39.50% |
| 2003-06-30 | 39.50% |
| 2003-03-31 | 39.50% |
| 2002-12-31 | 39.50% |
| 2002-09-30 | 39.50% |
| 2002-06-30 | 39.50% |
| 2002-03-31 | 39.50% |
| 2001-12-31 | 39.75% |
| 2001-09-30 | 39.75% |
| 2001-06-30 | 39.75% |
| 2001-03-31 | 39.75% |
| 2000-12-31 | 39.60% |
| 2000-09-30 | 39.60% |
