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 24.70% is in line with its 5-year average of 23.81%, near the high end of its 5-year range (5.88%–30.57%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.55% below its 12-month average of 25.09%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-06-30): 24.70%.
TAX RATE
24.70%
TAX RATE AVG TTM
25.09%
TAX RATE AVG 3Y
23.24%
TAX RATE AVG 5Y
23.81%
TAX RATE AVG 10Y
24.19%
TAX RATE AVG 15Y
28.28%
TAX RATE AVG 20Y
30.04%
CURRENT VS TTM AVG
-1.55%
CURRENT VS 3Y AVG
+6.26%
CURRENT VS 5Y AVG
+3.73%
CURRENT VS 10Y AVG
+2.09%
CURRENT VS 15Y AVG
-12.66%
CURRENT VS 20Y AVG
-17.80%
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 | 24.70% |
| 2026-03-31 | 27.65% |
| 2025-12-31 | 24.00% |
| 2025-09-30 | 24.76% |
| 2025-06-30 | 24.33% |
| 2025-03-31 | 21.95% |
| 2024-06-30 | 22.19% |
| 2024-03-31 | 30.57% |
| 2023-12-31 | 5.88% |
| 2023-09-30 | 24.65% |
| 2023-06-30 | 25.00% |
| 2023-03-31 | 25.90% |
| 2022-12-31 | 23.85% |
| 2022-09-30 | 22.93% |
| 2022-06-30 | 23.70% |
| 2021-09-30 | 24.67% |
| 2021-06-30 | 20.72% |
| 2021-03-31 | 25.17% |
| 2020-12-31 | 23.08% |
| 2019-06-30 | 27.67% |
| 2018-12-31 | 24.53% |
| 2018-09-30 | 24.37% |
| 2018-06-30 | 24.41% |
| 2018-03-31 | 20.60% |
| 2017-12-31 | 81.54% |
| 2017-09-30 | 32.16% |
| 2017-06-30 | 25.62% |
| 2015-12-31 | 30.32% |
| 2015-06-30 | 34.72% |
| 2014-12-31 | 36.97% |
| 2014-09-30 | 32.80% |
| 2014-03-31 | 34.46% |
| 2013-12-31 | 34.15% |
| 2013-09-30 | 42.08% |
| 2013-06-30 | 29.98% |
| 2013-03-31 | 32.79% |
| 2012-12-31 | 32.99% |
| 2012-09-30 | 33.42% |
| 2012-06-30 | 32.52% |
| 2012-03-31 | 32.63% |
| 2011-12-31 | 33.45% |
| 2011-09-30 | 33.39% |
| 2011-06-30 | 33.52% |
| 2011-03-31 | 31.48% |
| 2010-12-31 | 33.96% |
| 2010-09-30 | 32.34% |
| 2010-06-30 | 34.09% |
| 2010-03-31 | 39.31% |
| 2009-12-31 | 250.88% |
| 2008-12-31 | 33.50% |
| 2008-09-30 | 34.74% |
| 2008-06-30 | 34.84% |
| 2008-03-31 | 34.37% |
| 2007-12-31 | 34.73% |
| 2007-09-30 | 34.28% |
| 2007-06-30 | 33.77% |
| 2007-03-31 | 34.14% |
| 2006-12-31 | 36.68% |
| 2006-09-30 | 34.82% |
| 2006-06-30 | 36.15% |
| 2006-03-31 | 32.33% |
| 2005-12-31 | 36.87% |
| 2005-09-30 | 38.19% |
| 2005-06-30 | 37.66% |
| 2005-03-31 | 46.81% |
| 2004-12-31 | 37.33% |
| 2004-09-30 | 37.03% |
| 2004-06-30 | 36.72% |
| 2004-03-31 | 34.00% |
| 2003-12-31 | 33.99% |
| 2003-09-30 | 34.00% |
| 2003-06-30 | 34.00% |
| 2003-03-31 | 34.00% |
| 2002-12-31 | 34.00% |
| 2002-09-30 | 34.00% |
