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 19.14% is 19% above its 5-year average of 16.15%, near the high end of its 5-year range (7.11%–20.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.25% above its 12-month average of 17.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.14%
TAX RATE AVG TTM
17.52%
TAX RATE AVG 3Y
16.82%
TAX RATE AVG 5Y
16.60%
TAX RATE AVG 10Y
16.69%
TAX RATE AVG 15Y
17.75%
TAX RATE AVG 20Y
18.83%
CURRENT VS TTM AVG
+9.25%
CURRENT VS 3Y AVG
+13.82%
CURRENT VS 5Y AVG
+15.29%
CURRENT VS 10Y AVG
+14.71%
CURRENT VS 15Y AVG
+7.86%
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 | 19.14% |
| 2026-03-31 | 19.16% |
| 2025-12-31 | 11.92% |
| 2025-09-30 | 20.48% |
| 2025-06-30 | 16.91% |
| 2025-03-31 | 17.35% |
| 2024-12-31 | 17.70% |
| 2024-09-30 | 17.05% |
| 2024-06-30 | 14.27% |
| 2024-03-31 | 16.43% |
| 2023-12-31 | 15.26% |
| 2023-09-30 | 7.11% |
| 2023-06-30 | 16.14% |
| 2023-03-31 | 17.32% |
| 2022-12-31 | 20.55% |
| 2022-09-30 | 14.31% |
| 2022-06-30 | 15.84% |
| 2022-03-31 | 13.19% |
| 2021-12-31 | 15.41% |
| 2021-09-30 | 17.90% |
| 2021-06-30 | 15.74% |
| 2021-03-31 | 15.75% |
| 2020-12-31 | 18.52% |
| 2020-09-30 | 15.81% |
| 2020-06-30 | 15.92% |
| 2020-03-31 | 11.87% |
| 2019-12-31 | 0.31% |
| 2019-09-30 | 18.08% |
| 2019-06-30 | 18.11% |
| 2019-03-31 | 18.28% |
| 2018-12-31 | 11.16% |
| 2018-09-30 | 8.84% |
| 2018-06-30 | 24.20% |
| 2018-03-31 | 10.83% |
| 2017-12-31 | 137.67% |
| 2017-09-30 | 15.63% |
| 2017-06-30 | 19.49% |
| 2017-03-31 | 20.43% |
| 2016-12-31 | 22.23% |
| 2016-09-30 | 16.28% |
| 2016-06-30 | 20.30% |
| 2016-03-31 | 17.98% |
| 2015-12-31 | 5.33% |
| 2015-09-30 | 18.65% |
| 2015-06-30 | 20.68% |
| 2015-03-31 | 23.65% |
| 2014-12-31 | 16.28% |
| 2014-09-30 | 24.19% |
| 2014-06-30 | 22.35% |
| 2014-03-31 | 18.38% |
| 2013-12-31 | 16.46% |
| 2013-09-30 | 16.21% |
| 2013-06-30 | 25.05% |
| 2013-03-31 | 9.12% |
| 2012-12-31 | 18.08% |
| 2012-09-30 | 23.07% |
| 2012-06-30 | 18.83% |
| 2012-03-31 | 18.48% |
| 2011-12-31 | 22.50% |
| 2011-09-30 | 18.78% |
| 2011-06-30 | 18.80% |
| 2011-03-31 | 24.83% |
| 2010-12-31 | 19.06% |
| 2010-09-30 | 20.15% |
| 2010-06-30 | 24.40% |
| 2010-03-31 | 21.99% |
| 2009-12-31 | 23.15% |
| 2009-09-30 | 20.71% |
| 2009-06-30 | 19.99% |
| 2009-03-31 | 24.71% |
| 2008-12-31 | 54.22% |
| 2008-09-30 | 22.70% |
| 2008-06-30 | 23.75% |
| 2008-03-31 | 23.72% |
| 2007-12-31 | 24.97% |
| 2007-09-30 | 27.32% |
| 2007-06-30 | 25.50% |
| 2007-03-31 | 25.87% |
| 2006-12-31 | 13.00% |
| 2006-09-30 | 29.45% |
| 2006-06-30 | 26.13% |
| 2006-03-31 | 26.93% |
| 2005-12-31 | 41.83% |
| 2005-09-30 | 30.69% |
| 2005-06-30 | 30.80% |
| 2005-03-31 | 19.12% |
| 2004-12-31 | 34.20% |
| 2004-09-30 | -247.06% |
| 2004-06-30 | 53.34% |
| 2004-03-31 | 58.89% |
| 2003-12-31 | 69.66% |
| 2003-09-30 | 70.15% |
| 2003-06-30 | 69.52% |
| 2003-03-31 | 69.41% |
| 2002-12-31 | 45.78% |
| 2002-09-30 | 46.43% |
