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 28.19% is 18% below its 5-year average of 34.34%, near the low end of its 5-year range (26.37%–42.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.26% below its 12-month average of 31.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.19%
TAX RATE AVG TTM
31.41%
TAX RATE AVG 3Y
35.49%
TAX RATE AVG 5Y
34.34%
TAX RATE AVG 10Y
35.66%
TAX RATE AVG 15Y
35.03%
TAX RATE AVG 20Y
35.67%
CURRENT VS TTM AVG
-10.26%
CURRENT VS 3Y AVG
-20.58%
CURRENT VS 5Y AVG
-17.91%
CURRENT VS 10Y AVG
-20.95%
CURRENT VS 15Y AVG
-19.54%
CURRENT VS 20Y AVG
-20.98%
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 | 28.19% |
| 2026-03-31 | 32.10% |
| 2025-12-31 | 26.37% |
| 2025-09-30 | 34.92% |
| 2025-06-30 | 35.46% |
| 2025-03-31 | 38.67% |
| 2024-12-31 | 41.90% |
| 2024-09-30 | 37.35% |
| 2024-06-30 | 37.07% |
| 2024-03-31 | 30.59% |
| 2023-12-31 | 41.83% |
| 2023-09-30 | 34.51% |
| 2023-06-30 | 42.44% |
| 2023-03-31 | 32.24% |
| 2022-12-31 | 36.31% |
| 2022-09-30 | 36.00% |
| 2022-06-30 | 35.49% |
| 2022-03-31 | 30.21% |
| 2021-12-31 | 31.52% |
| 2021-09-30 | 26.71% |
| 2021-06-30 | 31.18% |
| 2021-03-31 | 31.73% |
| 2020-12-31 | 41.59% |
| 2020-09-30 | 40.74% |
| 2020-06-30 | 43.64% |
| 2019-12-31 | 88.68% |
| 2019-03-31 | 58.33% |
| 2018-09-30 | 43.87% |
| 2018-06-30 | 33.14% |
| 2018-03-31 | 37.93% |
| 2017-12-31 | 10.23% |
| 2017-09-30 | 61.53% |
| 2017-06-30 | 36.33% |
| 2017-03-31 | 39.73% |
| 2016-12-31 | 59.35% |
| 2016-09-30 | -64.41% |
| 2014-09-30 | 33.08% |
| 2014-06-30 | 33.27% |
| 2014-03-31 | 36.32% |
| 2013-12-31 | 34.63% |
| 2013-09-30 | 32.24% |
| 2013-06-30 | 6.17% |
| 2013-03-31 | 34.24% |
| 2012-12-31 | 28.85% |
| 2012-09-30 | 15.88% |
| 2012-06-30 | 31.99% |
| 2012-03-31 | 32.95% |
| 2011-12-31 | 31.05% |
| 2011-09-30 | 38.48% |
| 2011-06-30 | 34.53% |
| 2011-03-31 | 34.64% |
| 2010-12-31 | 34.39% |
| 2010-09-30 | 35.55% |
| 2010-06-30 | 34.34% |
| 2010-03-31 | 35.91% |
| 2009-12-31 | 36.44% |
| 2009-09-30 | 36.31% |
| 2009-06-30 | 40.24% |
| 2009-03-31 | 62.81% |
| 2008-09-30 | 24.49% |
| 2008-06-30 | 33.88% |
| 2008-03-31 | 32.63% |
| 2007-12-31 | 48.84% |
| 2007-09-30 | 36.56% |
| 2007-06-30 | 34.41% |
| 2007-03-31 | 43.11% |
| 2006-12-31 | 42.50% |
| 2006-09-30 | 42.45% |
| 2006-06-30 | 42.23% |
| 2006-03-31 | 43.00% |
| 2005-12-31 | 41.38% |
| 2005-09-30 | 47.54% |
| 2005-06-30 | 46.49% |
| 2005-03-31 | 49.61% |
| 2004-12-31 | 44.19% |
| 2004-09-30 | 62.68% |
| 2004-06-30 | 750.69% |
| 2003-12-31 | 84.31% |
| 2003-09-30 | 55.22% |
| 2003-06-30 | 54.66% |
| 2003-03-31 | 56.00% |
| 2002-12-31 | 63.92% |
| 2002-09-30 | 49.58% |
