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 40.11% is 15% above its 5-year average of 34.94%, around the middle of its 5-year range (-398.31%–337.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 68.92% below its 12-month average of 129.05%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
40.11%
TAX RATE AVG TTM
129.05%
TAX RATE AVG 3Y
44.60%
TAX RATE AVG 5Y
34.94%
TAX RATE AVG 10Y
32.10%
TAX RATE AVG 15Y
32.09%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-68.92%
CURRENT VS 3Y AVG
-10.07%
CURRENT VS 5Y AVG
+14.81%
CURRENT VS 10Y AVG
+24.95%
CURRENT VS 15Y AVG
+25.00%
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 | 40.11% |
| 2026-03-31 | 28.07% |
| 2025-12-31 | 337.50% |
| 2025-06-30 | 110.53% |
| 2025-03-31 | 53.85% |
| 2024-09-30 | 22.53% |
| 2024-06-30 | 22.29% |
| 2024-03-31 | 3.51% |
| 2023-12-31 | -188.89% |
| 2023-09-30 | 32.67% |
| 2023-06-30 | 28.42% |
| 2023-03-31 | 44.76% |
| 2022-12-31 | -398.31% |
| 2022-09-30 | 55.56% |
| 2022-06-30 | 33.97% |
| 2021-09-30 | 53.49% |
| 2021-06-30 | 250.00% |
| 2019-12-31 | 22.28% |
| 2019-09-30 | 26.91% |
| 2019-06-30 | 18.10% |
| 2019-03-31 | 24.10% |
| 2018-12-31 | -37.50% |
| 2018-09-30 | 7.42% |
| 2018-06-30 | 24.51% |
| 2018-03-31 | 26.74% |
| 2017-12-31 | 51.81% |
| 2017-09-30 | 45.71% |
| 2017-06-30 | 33.97% |
| 2017-03-31 | 46.07% |
| 2016-12-31 | 32.79% |
| 2016-09-30 | 31.11% |
| 2016-06-30 | 23.86% |
| 2016-03-31 | 32.00% |
| 2015-12-31 | -5.71% |
| 2015-09-30 | 44.44% |
| 2015-06-30 | 50.00% |
| 2015-03-31 | 35.29% |
| 2014-12-31 | 30.27% |
| 2014-09-30 | 47.62% |
| 2014-06-30 | 38.02% |
| 2014-03-31 | 30.00% |
| 2013-12-31 | 47.37% |
| 2013-09-30 | 41.49% |
| 2013-06-30 | 32.93% |
| 2013-03-31 | -166.67% |
| 2012-12-31 | -275.00% |
| 2012-09-30 | -15.00% |
| 2012-06-30 | 31.58% |
| 2012-03-31 | 28.57% |
| 2011-12-31 | -116.67% |
| 2011-09-30 | -62.50% |
| 2011-06-30 | -2.86% |
| 2011-03-31 | 37.50% |
| 2010-09-30 | 36.96% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 70.83% |
| 2009-09-30 | 25.00% |
| 2009-03-31 | 48.00% |
| 2008-09-30 | 11.83% |