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 25.68% is 23% below its 5-year average of 33.20%, near the low end of its 5-year range (22.04%–75.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 47.31% below its 12-month average of 48.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.68%
TAX RATE AVG TTM
48.73%
TAX RATE AVG 3Y
38.22%
TAX RATE AVG 5Y
28.50%
TAX RATE AVG 10Y
24.73%
TAX RATE AVG 15Y
27.61%
TAX RATE AVG 20Y
31.75%
CURRENT VS TTM AVG
-47.31%
CURRENT VS 3Y AVG
-32.83%
CURRENT VS 5Y AVG
-9.89%
CURRENT VS 10Y AVG
+3.83%
CURRENT VS 15Y AVG
-7.02%
CURRENT VS 20Y AVG
-19.14%
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 | 25.68% |
| 2026-03-31 | 75.00% |
| 2025-12-31 | 22.95% |
| 2025-06-30 | 71.30% |
| 2024-12-31 | 29.65% |
| 2024-09-30 | 31.79% |
| 2024-06-30 | 46.52% |
| 2024-03-31 | 41.74% |
| 2023-12-31 | 27.35% |
| 2023-09-30 | 24.82% |
| 2023-06-30 | 23.66% |
| 2023-03-31 | 25.11% |
| 2022-12-31 | 22.04% |
| 2022-09-30 | 25.76% |
| 2022-06-30 | 22.80% |
| 2022-03-31 | 26.44% |
| 2021-12-31 | 30.34% |
| 2021-09-30 | 22.84% |
| 2021-06-30 | 34.94% |
| 2021-03-31 | 20.44% |
| 2020-12-31 | 22.94% |
| 2020-09-30 | 15.59% |
| 2020-06-30 | 21.86% |
| 2020-03-31 | 7.10% |
| 2019-12-31 | 23.08% |
| 2019-09-30 | 20.53% |
| 2019-06-30 | 20.96% |
| 2019-03-31 | 12.83% |
| 2018-12-31 | 23.78% |
| 2018-09-30 | 19.51% |
| 2018-06-30 | 4.08% |
| 2018-03-31 | 6.30% |
| 2017-12-31 | 9.22% |
| 2017-09-30 | 38.05% |
| 2017-06-30 | 14.00% |
| 2017-03-31 | 37.49% |
| 2016-12-31 | 35.03% |
| 2016-09-30 | 38.03% |
| 2016-06-30 | 39.68% |
| 2016-03-31 | 40.02% |
| 2015-12-31 | 30.83% |
| 2014-12-31 | 34.34% |
| 2014-09-30 | 37.79% |
| 2014-06-30 | 37.59% |
| 2014-03-31 | 37.82% |
| 2013-12-31 | 36.30% |
| 2013-09-30 | 38.89% |
| 2013-06-30 | 39.06% |
| 2012-12-31 | 42.38% |
| 2012-09-30 | 5.62% |
| 2012-03-31 | 42.02% |
| 2011-12-31 | 35.19% |
| 2011-09-30 | 27.74% |
| 2011-06-30 | 35.48% |
| 2011-03-31 | 37.90% |
| 2010-12-31 | 47.62% |
| 2010-09-30 | 46.24% |
| 2010-06-30 | 30.64% |
| 2010-03-31 | 45.90% |
| 2009-12-31 | 40.98% |
| 2009-09-30 | 40.05% |
| 2009-06-30 | 45.78% |
| 2009-03-31 | 45.40% |
| 2008-12-31 | 44.64% |
| 2008-09-30 | 45.67% |
| 2008-06-30 | 44.27% |
| 2008-03-31 | 45.00% |
| 2007-12-31 | 33.26% |
| 2007-09-30 | 45.00% |
| 2007-06-30 | 45.02% |
| 2007-03-31 | 45.00% |
| 2006-12-31 | 40.43% |
| 2006-09-30 | 38.89% |
| 2006-06-30 | 42.51% |
| 2006-03-31 | 43.19% |
| 2005-12-31 | 40.01% |
| 2005-09-30 | 40.28% |
| 2005-06-30 | 40.96% |
| 2005-03-31 | 39.80% |
| 2004-12-31 | -628.81% |
| 2004-09-30 | -4.41% |
| 2004-06-30 | -4.45% |
| 2004-03-31 | -0.82% |
| 2003-12-31 | 10.75% |
| 2003-09-30 | 35.99% |
