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 21.05% is in line with its 5-year average of 21.46%, near the high end of its 5-year range (5.23%–25.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 23.30% above its 12-month average of 17.07%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.05%
TAX RATE AVG TTM
17.07%
TAX RATE AVG 3Y
20.58%
TAX RATE AVG 5Y
21.46%
TAX RATE AVG 10Y
22.42%
TAX RATE AVG 15Y
28.43%
TAX RATE AVG 20Y
30.89%
CURRENT VS TTM AVG
+23.30%
CURRENT VS 3Y AVG
+2.29%
CURRENT VS 5Y AVG
-1.93%
CURRENT VS 10Y AVG
-6.11%
CURRENT VS 15Y AVG
-25.97%
CURRENT VS 20Y AVG
-31.86%
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 | 21.05% |
| 2026-03-31 | 16.64% |
| 2025-12-31 | 5.23% |
| 2025-09-30 | 20.25% |
| 2025-06-30 | 22.19% |
| 2025-03-31 | 21.58% |
| 2024-12-31 | 19.09% |
| 2024-09-30 | 21.24% |
| 2024-06-30 | 20.89% |
| 2024-03-31 | 20.31% |
| 2023-12-31 | 25.98% |
| 2023-09-30 | 14.48% |
| 2023-06-30 | 22.53% |
| 2023-03-31 | 23.08% |
| 2022-12-31 | 20.41% |
| 2022-09-30 | 20.38% |
| 2022-06-30 | 22.37% |
| 2022-03-31 | 21.08% |
| 2021-12-31 | 16.51% |
| 2021-09-30 | 24.40% |
| 2021-06-30 | 22.58% |
| 2021-03-31 | 23.71% |
| 2020-12-31 | 25.17% |
| 2020-09-30 | 25.45% |
| 2020-06-30 | 26.29% |
| 2020-03-31 | 24.00% |
| 2019-12-31 | 22.39% |
| 2019-09-30 | 25.36% |
| 2019-06-30 | 28.40% |
| 2019-03-31 | 7.41% |
| 2018-12-31 | 23.42% |
| 2018-09-30 | 24.23% |
| 2018-06-30 | 21.26% |
| 2018-03-31 | 42.04% |
| 2017-12-31 | -738.69% |
| 2017-09-30 | 38.67% |
| 2017-06-30 | 39.39% |
| 2017-03-31 | 30.69% |
| 2016-12-31 | 34.46% |
| 2016-09-30 | 38.31% |
| 2016-06-30 | 39.19% |
| 2016-03-31 | 39.06% |
| 2015-12-31 | 35.12% |
| 2015-09-30 | 38.15% |
| 2015-06-30 | 65.98% |
| 2015-03-31 | 38.42% |
| 2014-12-31 | 38.36% |
| 2014-09-30 | 47.04% |
| 2014-06-30 | 41.99% |
| 2014-03-31 | 41.38% |
| 2013-12-31 | 49.31% |
| 2013-09-30 | 27.12% |
| 2013-06-30 | 38.91% |
| 2013-03-31 | 39.33% |
| 2012-12-31 | 21.89% |
| 2012-09-30 | 37.09% |
| 2012-06-30 | 50.00% |
| 2012-03-31 | 51.22% |
| 2011-12-31 | 9.30% |
| 2011-09-30 | 36.55% |
| 2011-06-30 | 35.16% |
| 2011-03-31 | 36.81% |
| 2010-12-31 | 41.78% |
| 2010-09-30 | 39.20% |
| 2010-06-30 | 36.07% |
| 2010-03-31 | 50.00% |
| 2009-12-31 | 40.63% |
| 2009-09-30 | 45.12% |
| 2009-06-30 | 40.48% |
| 2008-12-31 | 32.45% |
| 2008-09-30 | 31.25% |
| 2008-06-30 | 36.19% |
| 2008-03-31 | 39.01% |
| 2007-12-31 | 35.00% |
| 2007-09-30 | 40.83% |
| 2007-06-30 | 37.35% |
| 2007-03-31 | 39.09% |
| 2006-12-31 | 36.68% |
| 2006-09-20 | 37.50% |
| 2006-06-30 | 36.45% |
| 2006-03-31 | 38.15% |
| 2005-12-31 | 33.57% |
| 2005-09-30 | 38.04% |
| 2005-06-30 | 38.06% |
| 2005-03-31 | 37.92% |
| 2004-12-31 | 36.55% |
| 2004-09-30 | 37.95% |
| 2004-06-30 | 38.56% |
| 2004-03-31 | 37.41% |
| 2003-12-31 | 38.41% |
| 2003-09-30 | 35.24% |
| 2003-06-30 | 36.61% |
| 2003-03-31 | 36.31% |
| 2002-12-31 | 20.61% |
| 2002-09-30 | 35.81% |
