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 24.69% is in line with its 5-year average of 25.18%, near the high end of its 5-year range (-115.88%–38.49%).
As of the fiscal period ended Tuesday, June 30, 2026. 460.12% above its 12-month average of -6.86%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.69%
TAX RATE AVG TTM
-6.86%
TAX RATE AVG 3Y
26.59%
TAX RATE AVG 5Y
25.18%
TAX RATE AVG 10Y
28.50%
TAX RATE AVG 15Y
32.37%
TAX RATE AVG 20Y
34.08%
CURRENT VS TTM AVG
+460.12%
CURRENT VS 3Y AVG
-7.15%
CURRENT VS 5Y AVG
-1.93%
CURRENT VS 10Y AVG
-13.37%
CURRENT VS 15Y AVG
-23.72%
CURRENT VS 20Y AVG
-27.56%
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 | 24.69% |
| 2026-03-31 | 25.27% |
| 2025-12-31 | -115.88% |
| 2025-06-30 | 38.49% |
| 2025-03-31 | 31.91% |
| 2024-12-31 | 23.66% |
| 2024-09-30 | 32.38% |
| 2024-06-30 | 24.35% |
| 2024-03-31 | 28.86% |
| 2023-12-31 | 24.33% |
| 2023-09-30 | 24.98% |
| 2023-06-30 | 25.53% |
| 2023-03-31 | 25.60% |
| 2022-12-31 | 26.02% |
| 2022-06-30 | 26.40% |
| 2022-03-31 | 21.53% |
| 2021-12-31 | 17.45% |
| 2021-09-30 | 26.01% |
| 2021-06-30 | 25.27% |
| 2021-03-31 | 25.12% |
| 2020-12-31 | 19.67% |
| 2020-09-30 | 32.50% |
| 2020-06-30 | 24.60% |
| 2020-03-31 | 27.60% |
| 2019-12-31 | 25.28% |
| 2019-09-30 | 28.32% |
| 2019-06-30 | 25.47% |
| 2019-03-31 | 26.41% |
| 2018-12-31 | 513.73% |
| 2018-09-30 | 26.80% |
| 2018-03-31 | 32.11% |
| 2017-12-31 | -17.02% |
| 2017-09-30 | 37.68% |
| 2017-06-30 | 41.12% |
| 2017-03-31 | 37.29% |
| 2016-12-31 | 37.99% |
| 2016-09-30 | 37.39% |
| 2016-06-30 | 39.53% |
| 2016-03-31 | 39.41% |
| 2015-12-31 | 38.85% |
| 2015-09-30 | 40.24% |
| 2015-06-30 | 39.31% |
| 2015-03-31 | 38.89% |
| 2014-12-31 | 39.63% |
| 2014-09-30 | 39.69% |
| 2014-06-30 | 39.22% |
| 2014-03-31 | 39.50% |
| 2013-12-31 | 39.15% |
| 2013-09-30 | 38.24% |
| 2013-06-30 | 39.06% |
| 2013-03-31 | 39.16% |
| 2012-12-31 | 37.10% |
| 2012-09-30 | 39.82% |
| 2012-06-30 | 38.71% |
| 2012-03-31 | 38.99% |
| 2011-12-31 | 39.28% |
| 2011-09-30 | 39.33% |
| 2011-06-30 | 39.15% |
| 2011-03-31 | 39.45% |
| 2010-12-31 | 37.21% |
| 2010-09-30 | 39.22% |
| 2010-06-30 | 39.82% |
| 2010-03-31 | 39.78% |
| 2009-12-31 | 40.31% |
| 2009-09-30 | 29.11% |
| 2009-06-30 | 39.61% |
| 2009-03-31 | 39.84% |
| 2008-12-31 | 39.69% |
| 2008-09-27 | 39.50% |
| 2008-06-28 | 39.60% |
| 2008-03-29 | 39.60% |
| 2007-12-31 | 39.12% |
| 2007-09-29 | 39.71% |
| 2007-06-30 | 39.90% |
| 2007-03-31 | 39.21% |
| 2006-12-31 | 37.56% |
| 2006-09-30 | 38.43% |
| 2006-07-01 | 39.29% |
| 2006-04-01 | 38.90% |
| 2005-12-31 | 29.47% |
| 2005-10-01 | 38.61% |
| 2005-07-02 | 38.61% |
| 2005-04-02 | 38.60% |
| 2004-12-31 | 19.58% |
| 2004-10-02 | 38.51% |
| 2004-07-03 | 38.48% |
| 2004-04-03 | 38.51% |
| 2003-12-31 | 38.40% |
| 2003-09-27 | 38.41% |
| 2003-06-28 | 38.39% |
| 2003-03-29 | 38.41% |
| 2002-12-31 | 38.01% |
| 2002-09-28 | 37.99% |
