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 24.18% is in line with its 5-year average of 23.91%, near the high end of its 5-year range (-2.80%–34.03%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.49% above its 12-month average of 19.11%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.18%
TAX RATE AVG TTM
19.11%
TAX RATE AVG 3Y
23.31%
TAX RATE AVG 5Y
25.40%
TAX RATE AVG 10Y
24.95%
TAX RATE AVG 15Y
26.34%
TAX RATE AVG 20Y
27.67%
CURRENT VS TTM AVG
+26.49%
CURRENT VS 3Y AVG
+3.72%
CURRENT VS 5Y AVG
-4.81%
CURRENT VS 10Y AVG
-3.10%
CURRENT VS 15Y AVG
-8.21%
CURRENT VS 20Y AVG
-12.63%
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 | 24.18% |
| 2026-03-31 | 27.02% |
| 2025-09-30 | -2.80% |
| 2025-06-30 | 28.06% |
| 2025-03-31 | 22.50% |
| 2024-12-31 | 24.80% |
| 2024-09-30 | 28.60% |
| 2024-06-30 | 24.62% |
| 2024-03-31 | 24.28% |
| 2023-09-30 | 26.65% |
| 2023-06-30 | 28.49% |
| 2023-03-31 | 29.66% |
| 2022-12-31 | 22.95% |
| 2022-09-30 | 34.03% |
| 2022-06-30 | 22.35% |
| 2022-03-31 | 25.85% |
| 2021-12-31 | 19.00% |
| 2021-09-30 | 20.39% |
| 2021-06-30 | 23.75% |
| 2021-03-31 | 22.28% |
| 2020-12-31 | 17.24% |
| 2020-09-30 | 23.77% |
| 2020-06-30 | 41.18% |
| 2020-03-31 | 32.36% |
| 2019-12-31 | 24.89% |
| 2019-09-30 | 23.37% |
| 2019-06-30 | 18.95% |
| 2019-03-31 | 25.78% |
| 2018-12-31 | 35.95% |
| 2018-09-30 | 17.85% |
| 2018-06-30 | 23.01% |
| 2018-03-31 | 20.50% |
| 2017-12-31 | -5.81% |
| 2017-09-30 | 30.95% |
| 2017-06-30 | 27.06% |
| 2017-03-31 | 26.11% |
| 2016-12-31 | 29.87% |
| 2016-09-30 | 25.98% |
| 2016-06-30 | 26.14% |
| 2016-03-31 | 31.30% |
| 2015-12-31 | 30.85% |
| 2015-09-30 | 29.38% |
| 2015-06-30 | 30.96% |
| 2015-03-31 | 26.29% |
| 2014-12-31 | 30.53% |
| 2014-09-30 | 27.34% |
| 2014-06-30 | 25.26% |
| 2014-03-31 | 29.89% |
| 2013-12-31 | 21.91% |
| 2013-09-30 | 27.08% |
| 2013-06-30 | 28.62% |
| 2013-03-31 | 29.94% |
| 2012-12-31 | 32.67% |
| 2012-09-30 | 32.83% |
| 2012-06-30 | 21.72% |
| 2012-03-31 | 49.60% |
| 2011-12-31 | 19.69% |
| 2011-09-30 | 41.47% |
| 2011-06-30 | 36.82% |
| 2011-03-31 | 43.22% |
| 2010-12-31 | 26.22% |
| 2010-09-30 | 66.54% |
| 2010-06-30 | 13.35% |
| 2010-03-31 | 18.93% |
| 2009-12-31 | 26.43% |
| 2009-09-30 | 29.45% |
| 2009-06-30 | 56.07% |
| 2008-12-31 | 550.77% |
| 2008-09-30 | 26.55% |
| 2008-06-30 | 27.57% |
| 2008-03-31 | 39.85% |
| 2007-12-31 | -127.08% |
| 2007-09-30 | 35.21% |
| 2007-06-30 | 34.95% |
| 2007-03-31 | 35.20% |
| 2006-12-31 | 34.37% |
| 2006-09-30 | 32.09% |
| 2006-06-30 | 36.26% |
| 2006-03-31 | 36.94% |
| 2005-12-31 | 90.74% |
| 2005-09-30 | 36.79% |
| 2005-06-30 | 35.78% |
| 2005-03-31 | 35.73% |
| 2004-12-31 | 181.59% |
| 2004-06-30 | 81.17% |
| 2004-03-31 | 73.29% |
| 2003-12-31 | 89.96% |
| 2003-09-30 | 58.73% |
| 2003-03-31 | 133.10% |
| 2002-09-30 | 63.85% |
