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 22.71% is in line with its 5-year average of 22.90%, near the high end of its 5-year range (-1.56%–25.76%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.20% below its 12-month average of 23.46%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.71%
TAX RATE AVG TTM
23.46%
TAX RATE AVG 3Y
23.24%
TAX RATE AVG 5Y
22.90%
TAX RATE AVG 10Y
22.96%
TAX RATE AVG 15Y
24.56%
TAX RATE AVG 20Y
23.09%
CURRENT VS TTM AVG
-3.20%
CURRENT VS 3Y AVG
-2.26%
CURRENT VS 5Y AVG
-0.83%
CURRENT VS 10Y AVG
-1.10%
CURRENT VS 15Y AVG
-7.53%
CURRENT VS 20Y AVG
-1.66%
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 | 22.71% |
| 2026-03-31 | 23.64% |
| 2025-12-31 | 22.65% |
| 2025-09-30 | 24.75% |
| 2025-06-30 | 23.55% |
| 2025-03-31 | 25.32% |
| 2024-12-31 | 20.51% |
| 2024-09-30 | 25.76% |
| 2024-06-30 | 21.55% |
| 2024-03-31 | -1.38% |
| 2023-12-31 | 20.68% |
| 2023-09-30 | 24.17% |
| 2023-06-30 | 23.53% |
| 2023-03-31 | 21.04% |
| 2022-12-31 | 17.62% |
| 2022-09-30 | 13.35% |
| 2022-06-30 | 24.89% |
| 2022-03-31 | 25.72% |
| 2021-12-31 | -1.56% |
| 2021-09-30 | 12.84% |
| 2021-06-30 | 21.22% |
| 2021-03-31 | 18.38% |
| 2020-12-31 | 22.62% |
| 2020-09-30 | 23.10% |
| 2020-06-30 | 22.18% |
| 2020-03-31 | 23.53% |
| 2019-12-31 | 13.87% |
| 2019-09-30 | 21.76% |
| 2019-06-30 | 26.13% |
| 2019-03-31 | 25.21% |
| 2018-12-31 | -3.21% |
| 2018-09-30 | 23.05% |
| 2018-06-30 | 23.58% |
| 2018-03-31 | 24.12% |
| 2017-12-31 | -136.29% |
| 2017-09-30 | 37.50% |
| 2017-06-30 | 34.66% |
| 2017-03-31 | 34.55% |
| 2016-12-31 | 9.02% |
| 2016-09-30 | 43.18% |
| 2016-06-30 | 33.80% |
| 2016-03-31 | 35.40% |
| 2015-12-31 | 29.57% |
| 2015-09-30 | 34.66% |
| 2015-06-30 | 35.79% |
| 2015-03-31 | 36.05% |
| 2014-12-31 | 20.27% |
| 2014-09-30 | 35.86% |
| 2014-06-30 | 25.11% |
| 2014-03-31 | 35.59% |
| 2013-12-31 | -32.18% |
| 2013-09-30 | 2.89% |
| 2013-06-30 | -618.29% |
| 2012-12-31 | 29.41% |
| 2012-09-30 | 18.52% |
| 2012-06-30 | 3.03% |
| 2011-09-30 | 23.08% |
| 2011-06-30 | -7.55% |
| 2010-09-30 | 21.05% |
| 2010-06-30 | -100.00% |
| 2009-12-31 | 23.08% |
| 2009-09-30 | 17.86% |
| 2009-06-30 | 22.73% |
| 2009-03-31 | 15.38% |
| 2008-12-31 | -950.00% |
| 2008-09-30 | -72.09% |
| 2008-06-30 | 32.20% |
| 2008-03-31 | 20.37% |
| 2007-12-31 | -25.00% |
| 2007-09-30 | -9.09% |
| 2007-06-30 | 23.61% |
| 2007-03-31 | 30.68% |
| 2006-12-31 | -15.12% |
| 2006-09-30 | 20.00% |
| 2006-06-30 | 33.14% |
| 2006-03-31 | 33.33% |
| 2005-12-31 | 24.05% |
| 2005-10-01 | -17.05% |
| 2005-07-02 | -151.11% |
| 2004-03-31 | 26.11% |
| 2003-12-31 | 16.32% |
| 2003-09-30 | 15.77% |
| 2003-06-30 | 29.29% |
| 2003-03-31 | 2.36% |
| 2002-12-31 | 20.59% |
| 2002-09-30 | 20.11% |
