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 32.93% is 41% below its 5-year average of 55.85%, near the high end of its 5-year range (-400.00%–172.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 43.50% below its 12-month average of 58.29%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
32.93%
TAX RATE AVG TTM
58.29%
TAX RATE AVG 3Y
62.91%
TAX RATE AVG 5Y
55.85%
TAX RATE AVG 10Y
58.38%
TAX RATE AVG 15Y
59.27%
TAX RATE AVG 20Y
56.77%
CURRENT VS TTM AVG
-43.50%
CURRENT VS 3Y AVG
-47.65%
CURRENT VS 5Y AVG
-41.04%
CURRENT VS 10Y AVG
-43.59%
CURRENT VS 15Y AVG
-44.44%
CURRENT VS 20Y AVG
-41.99%
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 | 32.93% |
| 2026-03-31 | 96.99% |
| 2025-12-31 | 54.03% |
| 2025-09-30 | 47.42% |
| 2025-06-30 | 60.07% |
| 2025-03-31 | 172.39% |
| 2024-12-31 | -400.00% |
| 2024-09-30 | 66.99% |
| 2024-06-30 | 66.46% |
| 2024-03-31 | 54.61% |
| 2023-12-31 | 84.07% |
| 2023-09-30 | 43.72% |
| 2023-06-30 | 84.74% |
| 2023-03-31 | 32.78% |
| 2022-12-31 | -51.24% |
| 2022-09-30 | 36.76% |
| 2022-06-30 | 40.50% |
| 2022-03-31 | 39.00% |
| 2021-12-31 | 29.20% |
| 2021-09-30 | 56.17% |
| 2021-06-30 | 78.93% |
| 2021-03-31 | 51.16% |
| 2019-09-30 | 71.43% |
| 2019-06-30 | 78.36% |
| 2019-03-31 | 53.97% |
| 2018-12-31 | 75.00% |
| 2018-09-30 | 53.66% |
| 2018-06-30 | 52.53% |
| 2018-03-31 | 57.74% |
| 2017-12-31 | 41.21% |
| 2017-09-30 | 65.88% |
| 2017-06-30 | 94.58% |
| 2017-03-31 | 52.51% |
| 2016-12-31 | 56.28% |
| 2016-06-30 | 455.20% |
| 2015-06-30 | 54.08% |
| 2015-03-31 | 54.07% |
| 2014-09-30 | 32.80% |
| 2014-06-30 | 75.85% |
| 2014-03-31 | 63.10% |
| 2013-12-31 | 132.70% |
| 2013-09-30 | 39.58% |
| 2013-06-30 | 107.72% |
| 2013-03-31 | 59.14% |
| 2012-12-31 | 242.88% |
| 2012-09-30 | 46.16% |
| 2012-06-30 | 91.13% |
| 2012-03-31 | 48.67% |
| 2011-12-31 | 65.30% |
| 2011-09-30 | 57.64% |
| 2011-06-30 | 62.44% |
| 2011-03-31 | 49.89% |
| 2010-12-31 | 71.64% |
| 2010-09-30 | 49.76% |
| 2010-06-30 | 58.57% |
| 2010-03-31 | 49.38% |
| 2009-12-31 | 70.85% |
| 2009-09-30 | 53.99% |
| 2009-06-30 | 40.69% |
| 2009-03-31 | 48.30% |
| 2008-06-30 | 40.48% |
| 2008-03-31 | 45.59% |
| 2007-06-30 | 47.48% |
| 2006-06-30 | 49.70% |
| 2005-06-30 | 46.43% |
| 2004-06-30 | 39.93% |
| 2003-06-30 | 38.57% |