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 24.62% is 15% above its 5-year average of 21.44%, near the high end of its 5-year range (7.43%–27.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.00% below its 12-month average of 24.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.62%
TAX RATE AVG TTM
24.62%
TAX RATE AVG 3Y
24.28%
TAX RATE AVG 5Y
22.17%
TAX RATE AVG 10Y
23.59%
TAX RATE AVG 15Y
24.94%
TAX RATE AVG 20Y
25.41%
CURRENT VS TTM AVG
-0.00%
CURRENT VS 3Y AVG
+1.39%
CURRENT VS 5Y AVG
+11.03%
CURRENT VS 10Y AVG
+4.35%
CURRENT VS 15Y AVG
-1.29%
CURRENT VS 20Y AVG
-3.11%
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 | 24.62% |
| 2026-03-31 | 24.55% |
| 2025-12-31 | 27.08% |
| 2025-09-30 | 24.40% |
| 2025-06-30 | 22.44% |
| 2025-03-31 | 24.31% |
| 2024-12-31 | 17.02% |
| 2024-09-30 | 23.84% |
| 2024-06-30 | 24.44% |
| 2024-03-31 | 25.07% |
| 2023-12-31 | 21.27% |
| 2023-09-30 | 24.86% |
| 2023-03-31 | 16.93% |
| 2022-12-31 | 7.43% |
| 2022-09-30 | 18.03% |
| 2022-06-30 | 24.26% |
| 2022-03-31 | 12.59% |
| 2021-12-31 | 22.11% |
| 2021-09-30 | 26.37% |
| 2021-06-30 | 17.10% |
| 2021-03-31 | 24.09% |
| 2020-12-31 | 19.56% |
| 2020-09-30 | 24.02% |
| 2020-06-30 | 22.94% |
| 2020-03-31 | 31.14% |
| 2019-12-31 | 25.89% |
| 2019-09-30 | 25.45% |
| 2019-06-30 | 14.62% |
| 2019-03-31 | 24.26% |
| 2018-12-31 | 26.25% |
| 2018-09-30 | 24.24% |
| 2018-06-30 | 21.86% |
| 2018-03-31 | 25.96% |
| 2017-12-31 | -58.45% |
| 2017-09-30 | 25.00% |
| 2017-06-30 | 22.33% |
| 2017-03-31 | 25.56% |
| 2016-12-31 | 27.13% |
| 2016-09-30 | 26.17% |
| 2016-06-30 | 26.29% |
| 2016-03-31 | 23.94% |
| 2015-12-31 | 30.04% |
| 2015-09-30 | 32.99% |
| 2015-06-30 | 31.22% |
| 2015-03-31 | 29.52% |
| 2014-12-31 | 27.26% |
| 2014-09-30 | 27.27% |
| 2014-06-30 | 27.96% |
| 2014-03-31 | 28.05% |
| 2013-12-31 | -115.79% |
| 2013-09-30 | 28.63% |
| 2013-06-30 | 26.74% |
| 2013-03-31 | 24.91% |
| 2012-09-30 | 26.56% |
| 2012-06-30 | 31.79% |
| 2012-03-31 | 26.04% |
| 2011-12-31 | 4.65% |
| 2011-09-30 | 24.13% |
| 2011-06-30 | 26.01% |
| 2011-03-31 | 25.93% |
| 2010-12-31 | 21.67% |
| 2010-09-30 | 28.54% |
| 2010-06-30 | 21.67% |
| 2010-03-31 | 30.31% |
| 2009-12-31 | -25.77% |
| 2009-09-30 | 29.07% |
| 2009-06-30 | 29.24% |
| 2009-03-31 | -5.40% |
| 2008-09-30 | 22.00% |
| 2008-06-30 | 23.88% |
| 2008-03-31 | 13.52% |
| 2007-09-30 | 29.82% |
| 2007-06-30 | 24.25% |
| 2007-03-31 | 30.97% |
| 2006-12-31 | 33.31% |
| 2006-09-30 | 32.54% |
| 2006-06-30 | -35.65% |
| 2006-03-31 | 34.16% |
| 2005-12-31 | 32.81% |
| 2005-09-30 | 30.23% |
| 2005-06-30 | 36.89% |
| 2005-03-31 | 35.44% |
| 2004-12-31 | 15.21% |
| 2004-09-30 | 21.90% |
| 2004-06-30 | 37.26% |
| 2004-03-31 | 46.71% |
| 2003-12-31 | 1.28% |
| 2003-09-30 | 32.77% |
| 2003-03-31 | 18.94% |
| 2002-12-31 | 29.80% |
| 2002-09-30 | 41.38% |
