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 21.28% is in line with its 5-year average of 23.56%, around the middle of its 5-year range (-0.88%–40.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.82% below its 12-month average of 22.83%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.28%
TAX RATE AVG TTM
22.83%
TAX RATE AVG 3Y
23.74%
TAX RATE AVG 5Y
23.56%
TAX RATE AVG 10Y
24.41%
TAX RATE AVG 15Y
25.58%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-6.82%
CURRENT VS 3Y AVG
-10.39%
CURRENT VS 5Y AVG
-9.69%
CURRENT VS 10Y AVG
-12.83%
CURRENT VS 15Y AVG
-16.81%
CURRENT VS 20Y AVG
N/A
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 | 21.28% |
| 2026-03-31 | 26.07% |
| 2025-12-31 | 27.15% |
| 2025-10-31 | 19.94% |
| 2025-07-31 | 19.72% |
| 2025-04-30 | 26.39% |
| 2025-01-31 | 25.41% |
| 2024-10-31 | 24.68% |
| 2024-07-31 | 40.58% |
| 2024-04-30 | 23.75% |
| 2024-01-31 | 25.64% |
| 2023-10-31 | 24.89% |
| 2023-07-31 | 20.00% |
| 2023-04-30 | 24.83% |
| 2023-01-31 | 24.44% |
| 2022-10-31 | 24.87% |
| 2022-07-31 | 24.90% |
| 2022-04-30 | 20.87% |
| 2022-01-31 | 18.05% |
| 2021-10-31 | 24.75% |
| 2021-07-31 | -0.88% |
| 2021-04-30 | 24.39% |
| 2021-01-31 | 7.05% |
| 2020-10-31 | 25.12% |
| 2020-07-31 | 17.79% |
| 2020-04-30 | 22.14% |
| 2020-01-31 | 27.07% |
| 2019-10-31 | 27.07% |
| 2019-07-31 | 19.37% |
| 2019-04-30 | 19.22% |
| 2019-01-31 | 20.47% |
| 2018-10-31 | 20.28% |
| 2018-07-31 | 31.92% |
| 2018-04-30 | 31.92% |
| 2018-01-31 | 26.42% |
| 2017-10-31 | 26.42% |
| 2017-07-31 | 24.68% |
| 2017-04-30 | 24.68% |
| 2017-01-31 | 28.06% |
| 2016-10-31 | 28.06% |
| 2016-07-31 | 34.74% |
| 2016-04-30 | 34.74% |
| 2016-01-31 | 28.07% |
| 2015-10-31 | 39.40% |
| 2015-01-31 | 88.35% |
| 2014-10-31 | 88.35% |
| 2014-07-31 | 30.92% |
| 2014-04-30 | 28.01% |
| 2014-01-31 | 27.88% |
| 2013-10-31 | 27.88% |
| 2013-07-31 | 40.07% |
| 2013-04-30 | 40.07% |
| 2013-01-31 | 35.75% |
| 2012-10-31 | 35.75% |
