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 22.08% is 141% above its 5-year average of 9.17%, near the high end of its 5-year range (-369.80%–64.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.36% above its 12-month average of 19.30%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.08%
TAX RATE AVG TTM
19.30%
TAX RATE AVG 3Y
28.05%
TAX RATE AVG 5Y
25.31%
TAX RATE AVG 10Y
18.67%
TAX RATE AVG 15Y
15.89%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+14.36%
CURRENT VS 3Y AVG
-21.28%
CURRENT VS 5Y AVG
-12.77%
CURRENT VS 10Y AVG
+18.22%
CURRENT VS 15Y AVG
+38.95%
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 | 22.08% |
| 2026-03-31 | 11.72% |
| 2025-12-31 | 23.25% |
| 2025-09-30 | 12.05% |
| 2025-06-30 | 27.42% |
| 2025-03-31 | 32.45% |
| 2024-12-31 | 35.86% |
| 2024-09-30 | 31.99% |
| 2024-03-31 | 28.21% |
| 2023-12-31 | 25.79% |
| 2023-09-30 | 26.75% |
| 2023-06-30 | 26.68% |
| 2023-03-31 | 58.15% |
| 2022-12-31 | 64.70% |
| 2022-09-30 | 24.10% |
| 2022-06-30 | 29.62% |
| 2022-03-31 | 46.14% |
| 2021-12-31 | -369.80% |
| 2021-09-30 | 13.24% |
| 2021-06-30 | 12.92% |
| 2021-03-31 | 22.77% |
| 2020-12-31 | 10.86% |
| 2020-06-30 | 5.52% |
| 2019-12-31 | 11.90% |
| 2019-09-30 | 13.34% |
| 2019-06-30 | 3.09% |
| 2019-03-31 | 1.71% |
| 2018-12-31 | 2.34% |
| 2018-09-30 | 5.81% |
| 2018-06-30 | 2.99% |
| 2017-09-30 | 16.84% |
| 2016-12-31 | 6.06% |
| 2016-09-30 | 3.72% |
| 2016-06-30 | 2.23% |
| 2016-03-31 | 1.64% |
| 2015-12-31 | 0.92% |
| 2015-06-30 | 1.44% |
| 2014-09-30 | 0.12% |
| 2012-12-31 | 0.43% |
| 2012-06-30 | 1.63% |
| 2010-06-30 | 9.81% |