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 26.82% is in line with its 5-year average of 27.47%, near the low end of its 5-year range (25.50%–35.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.76% below its 12-month average of 28.46%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
26.82%
TAX RATE AVG TTM
28.46%
TAX RATE AVG 3Y
26.85%
TAX RATE AVG 5Y
26.96%
TAX RATE AVG 10Y
27.24%
TAX RATE AVG 15Y
32.29%
TAX RATE AVG 20Y
33.57%
CURRENT VS TTM AVG
-5.76%
CURRENT VS 3Y AVG
-0.12%
CURRENT VS 5Y AVG
-0.51%
CURRENT VS 10Y AVG
-1.54%
CURRENT VS 15Y AVG
-16.94%
CURRENT VS 20Y AVG
-20.10%
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 | 26.82% |
| 2026-03-31 | 25.50% |
| 2025-12-31 | 35.78% |
| 2025-09-30 | 27.53% |
| 2025-06-30 | 26.67% |
| 2025-03-31 | 25.76% |
| 2024-12-31 | 26.68% |
| 2024-09-30 | 27.36% |
| 2024-06-30 | 27.00% |
| 2024-03-31 | 26.36% |
| 2023-12-31 | 27.50% |
| 2023-09-30 | 27.65% |
| 2023-06-30 | 27.41% |
| 2023-03-31 | 27.05% |
| 2022-12-31 | 27.41% |
| 2022-09-30 | 28.50% |
| 2022-06-30 | 26.52% |
| 2022-03-31 | 26.49% |
| 2021-12-31 | 28.78% |
| 2021-09-30 | 27.22% |
| 2021-06-30 | 26.79% |
| 2021-03-31 | 27.12% |
| 2020-12-31 | 41.76% |
| 2020-09-30 | 54.72% |
| 2020-03-31 | 27.42% |
| 2019-12-31 | 27.81% |
| 2019-09-30 | 27.87% |
| 2019-06-30 | 28.31% |
| 2019-03-31 | 27.51% |
| 2018-12-31 | 28.90% |
| 2018-09-30 | 27.09% |
| 2018-06-30 | 27.20% |
| 2018-03-31 | 27.05% |
| 2017-12-31 | -17.07% |
| 2017-09-30 | 37.33% |
| 2017-06-30 | 36.76% |
| 2017-03-31 | 33.57% |
| 2016-12-31 | 40.20% |
| 2016-09-30 | 37.20% |
| 2016-06-30 | 36.83% |
| 2016-03-31 | 35.52% |
| 2015-12-31 | 38.54% |
| 2015-09-30 | 37.88% |
| 2015-06-30 | 37.96% |
| 2015-03-31 | 37.95% |
| 2014-12-31 | 38.75% |
| 2014-09-30 | 33.62% |
| 2014-06-30 | 37.61% |
| 2014-03-31 | 37.88% |
| 2013-12-31 | 30.19% |
| 2013-09-30 | 44.44% |
| 2013-06-30 | 37.95% |
| 2013-03-31 | 38.27% |
| 2012-12-31 | 39.58% |
| 2012-09-30 | 40.01% |
| 2012-06-30 | 37.97% |
| 2012-03-31 | 37.97% |
| 2011-12-31 | 38.00% |
| 2011-09-30 | 38.86% |
| 2011-06-30 | 37.33% |
| 2011-03-31 | 36.80% |
| 2010-12-31 | 38.24% |
| 2010-06-30 | 29.45% |
| 2010-03-31 | 43.86% |
| 2009-12-31 | 27.36% |
| 2009-09-30 | 38.76% |
| 2009-06-30 | 38.92% |
| 2009-03-31 | 41.66% |
| 2008-12-31 | 39.72% |
| 2008-09-30 | 37.30% |
| 2008-06-30 | 39.35% |
| 2008-03-31 | 39.83% |
| 2007-12-31 | 39.23% |
| 2007-09-30 | 33.96% |
| 2007-06-30 | 41.72% |
| 2007-03-31 | 41.36% |
| 2006-12-31 | 8.53% |
| 2006-09-30 | 37.90% |
| 2006-06-30 | 32.96% |
| 2006-03-31 | 37.99% |
| 2005-12-31 | 33.08% |
| 2005-09-30 | -20.78% |
| 2005-06-30 | 36.70% |
| 2005-03-31 | 36.72% |
| 2004-12-31 | 41.45% |
| 2004-09-30 | 19.86% |
| 2004-06-30 | 41.99% |
| 2003-12-31 | 45.12% |
| 2003-09-30 | 43.99% |
| 2003-06-30 | 44.08% |
| 2003-03-31 | 43.78% |
| 2002-12-31 | 44.00% |
| 2002-09-30 | 44.00% |
