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 27.95% is 11% above its 5-year average of 25.22%, near the high end of its 5-year range (11.00%–27.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.50% above its 12-month average of 26.00%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
27.95%
TAX RATE AVG TTM
26.00%
TAX RATE AVG 3Y
26.00%
TAX RATE AVG 5Y
25.22%
TAX RATE AVG 10Y
25.12%
TAX RATE AVG 15Y
27.72%
TAX RATE AVG 20Y
29.34%
CURRENT VS TTM AVG
+7.50%
CURRENT VS 3Y AVG
+7.51%
CURRENT VS 5Y AVG
+10.84%
CURRENT VS 10Y AVG
+11.26%
CURRENT VS 15Y AVG
+0.83%
CURRENT VS 20Y AVG
-4.75%
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 | 27.95% |
| 2026-03-31 | 26.51% |
| 2025-12-31 | 24.26% |
| 2025-09-30 | 24.99% |
| 2025-06-30 | 26.29% |
| 2025-03-31 | 27.83% |
| 2024-12-31 | 23.14% |
| 2024-09-30 | 26.37% |
| 2024-06-30 | 26.45% |
| 2024-03-31 | 24.31% |
| 2023-12-31 | 26.42% |
| 2023-09-30 | 13.84% |
| 2023-06-30 | 27.43% |
| 2023-03-31 | 25.43% |
| 2022-12-31 | 22.84% |
| 2022-09-30 | 24.03% |
| 2022-06-30 | 23.94% |
| 2022-03-31 | 26.66% |
| 2021-12-31 | 11.00% |
| 2021-09-30 | 22.16% |
| 2021-06-30 | 22.09% |
| 2021-03-31 | 24.43% |
| 2020-12-31 | 18.82% |
| 2020-09-30 | 25.09% |
| 2020-06-30 | 21.81% |
| 2020-03-31 | 23.99% |
| 2019-12-31 | 54.81% |
| 2019-09-30 | 14.51% |
| 2019-06-30 | 23.26% |
| 2018-12-31 | -6.80% |
| 2018-09-30 | -2.33% |
| 2018-06-30 | 13.75% |
| 2018-03-31 | 23.86% |
| 2017-12-31 | -1.28% |
| 2017-09-30 | 26.10% |
| 2017-06-30 | 30.92% |
| 2017-03-31 | 20.59% |
| 2016-12-31 | 31.65% |
| 2016-09-30 | 29.07% |
| 2016-06-30 | 33.93% |
| 2016-03-31 | 33.51% |
| 2015-12-31 | 32.62% |
| 2015-09-30 | 30.77% |
| 2015-06-30 | 28.98% |
| 2015-03-31 | 34.88% |
| 2014-12-31 | 34.74% |
| 2014-09-30 | 32.47% |
| 2014-06-30 | 37.21% |
| 2014-03-31 | 34.87% |
| 2013-12-31 | 35.27% |
| 2013-09-30 | 35.31% |
| 2013-06-30 | 35.90% |
| 2013-03-31 | 35.92% |
| 2012-12-31 | 41.22% |
| 2012-09-30 | 33.42% |
| 2012-06-30 | 34.89% |
| 2012-03-31 | 36.70% |
| 2011-12-31 | 33.95% |
| 2011-09-30 | 36.13% |
| 2011-06-30 | 59.36% |
| 2011-03-31 | 37.97% |
| 2010-12-31 | 33.47% |
| 2010-09-30 | 34.37% |
| 2010-06-30 | 35.35% |
| 2010-03-31 | 37.61% |
| 2009-12-31 | 20.23% |
| 2009-09-30 | 33.33% |
| 2009-06-30 | 36.09% |
| 2009-03-31 | 38.27% |
| 2008-12-31 | 36.63% |
| 2008-09-30 | 19.61% |
| 2008-06-30 | 34.77% |
| 2008-03-31 | 36.89% |
| 2007-12-31 | 33.10% |
| 2007-09-30 | 37.59% |
| 2007-06-30 | 35.81% |
| 2007-03-31 | 36.35% |
| 2006-12-31 | 37.34% |
| 2006-09-30 | 29.68% |
| 2006-06-30 | 31.83% |
| 2006-03-31 | 37.66% |
| 2005-12-31 | 34.52% |
| 2005-09-30 | 39.02% |
| 2005-06-30 | 36.12% |
| 2005-03-31 | 37.86% |
| 2004-12-31 | 38.95% |
| 2004-09-30 | 39.50% |
| 2004-06-30 | 37.30% |
| 2004-03-31 | 37.21% |
| 2003-12-31 | 37.02% |
| 2003-09-30 | 35.92% |
| 2003-07-30 | 37.44% |
| 2003-03-31 | 37.53% |
| 2002-12-31 | 39.03% |
| 2002-09-30 | 39.02% |
