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 25.08% is in line with its 5-year average of 22.80%, near the high end of its 5-year range (-27.97%–29.73%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.73% above its 12-month average of 23.72%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.08%
TAX RATE AVG TTM
23.72%
TAX RATE AVG 3Y
23.19%
TAX RATE AVG 5Y
22.80%
TAX RATE AVG 10Y
23.18%
TAX RATE AVG 15Y
26.07%
TAX RATE AVG 20Y
26.93%
CURRENT VS TTM AVG
+5.73%
CURRENT VS 3Y AVG
+8.16%
CURRENT VS 5Y AVG
+9.98%
CURRENT VS 10Y AVG
+8.20%
CURRENT VS 15Y AVG
-3.80%
CURRENT VS 20Y AVG
-6.86%
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 | 25.08% |
| 2026-03-31 | 21.15% |
| 2025-12-31 | 25.05% |
| 2025-09-30 | 24.09% |
| 2025-06-30 | 23.23% |
| 2025-03-31 | 20.75% |
| 2024-12-31 | 18.16% |
| 2024-09-30 | 22.78% |
| 2024-06-30 | 21.54% |
| 2024-03-31 | 20.65% |
| 2023-12-31 | 28.81% |
| 2023-09-30 | 25.71% |
| 2023-06-30 | 24.43% |
| 2023-03-31 | 21.60% |
| 2022-12-31 | -27.97% |
| 2022-06-30 | 27.56% |
| 2022-03-31 | 29.73% |
| 2021-12-31 | 14.88% |
| 2021-09-30 | 15.26% |
| 2021-06-30 | 3.49% |
| 2021-03-31 | 20.99% |
| 2020-12-31 | 4.45% |
| 2020-09-30 | 25.71% |
| 2020-06-30 | 21.18% |
| 2020-03-31 | 21.39% |
| 2019-09-30 | 22.52% |
| 2019-06-30 | 23.21% |
| 2019-03-31 | 20.98% |
| 2018-12-31 | 14.66% |
| 2018-09-30 | 17.57% |
| 2018-06-30 | 23.07% |
| 2018-03-31 | 18.60% |
| 2017-12-31 | 134.54% |
| 2017-09-30 | 29.38% |
| 2017-06-30 | 30.49% |
| 2017-03-31 | 27.99% |
| 2016-09-30 | 32.95% |
| 2016-06-30 | 26.92% |
| 2016-03-31 | 27.94% |
| 2015-12-31 | 30.51% |
| 2015-09-30 | 32.15% |
| 2015-06-30 | 31.50% |
| 2015-03-31 | 32.63% |
| 2014-12-31 | 32.54% |
| 2014-09-30 | 27.51% |
| 2014-06-30 | 30.91% |
| 2014-03-31 | 31.89% |
| 2013-12-31 | 37.82% |
| 2013-09-30 | 30.07% |
| 2013-06-30 | 32.85% |
| 2013-03-31 | 28.20% |
| 2012-12-31 | 34.21% |
| 2012-09-30 | 29.85% |
| 2012-06-30 | 31.67% |
| 2012-03-31 | 28.95% |
| 2011-09-30 | 31.05% |
| 2011-06-30 | 31.35% |
| 2011-03-31 | 31.04% |
| 2010-12-31 | 18.13% |
| 2010-09-30 | 28.22% |
| 2010-06-30 | 31.08% |
| 2010-03-31 | 29.03% |
| 2009-12-31 | 23.77% |
| 2009-09-30 | 28.24% |
| 2009-06-30 | 29.97% |
| 2009-03-31 | 30.52% |
| 2008-09-30 | 30.20% |
| 2008-06-30 | 29.84% |
| 2008-03-31 | 32.30% |
| 2007-12-31 | 32.20% |
| 2007-06-30 | 31.55% |
| 2007-03-31 | 32.50% |
| 2006-12-31 | 26.71% |
| 2006-09-30 | 32.22% |
| 2006-06-30 | 32.55% |
| 2006-03-31 | 30.30% |
| 2005-12-31 | 31.00% |
| 2005-09-30 | 30.33% |
| 2005-06-30 | 30.19% |
| 2005-03-31 | 31.98% |
| 2004-12-31 | 34.18% |
| 2004-06-30 | 31.00% |
| 2004-03-31 | 31.00% |
| 2003-12-31 | 31.00% |
| 2003-09-30 | 29.43% |
| 2003-06-30 | 32.00% |
| 2003-03-31 | 32.00% |
| 2002-09-30 | 29.52% |
