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 24.73% is 25% above its 5-year average of 19.76%, around the middle of its 5-year range (5.12%–66.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.09% below its 12-month average of 25.01%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.73%
TAX RATE AVG TTM
25.01%
TAX RATE AVG 3Y
21.50%
TAX RATE AVG 5Y
19.76%
TAX RATE AVG 10Y
19.04%
TAX RATE AVG 15Y
20.78%
TAX RATE AVG 20Y
22.50%
CURRENT VS TTM AVG
-1.09%
CURRENT VS 3Y AVG
+15.07%
CURRENT VS 5Y AVG
+25.19%
CURRENT VS 10Y AVG
+29.91%
CURRENT VS 15Y AVG
+19.03%
CURRENT VS 20Y AVG
+9.92%
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 | 24.73% |
| 2026-03-31 | 22.89% |
| 2025-12-31 | 26.95% |
| 2025-09-30 | 25.45% |
| 2025-06-30 | 25.00% |
| 2025-03-31 | 29.84% |
| 2024-12-31 | 7.68% |
| 2024-09-30 | 32.75% |
| 2024-06-30 | 20.72% |
| 2024-03-31 | 16.27% |
| 2023-12-31 | 34.75% |
| 2023-09-30 | 7.30% |
| 2023-06-30 | 5.12% |
| 2023-03-31 | 66.93% |
| 2022-12-31 | 22.06% |
| 2022-09-30 | 17.53% |
| 2022-06-30 | 7.39% |
| 2022-03-31 | 15.30% |
| 2021-12-31 | 7.27% |
| 2021-09-30 | 22.18% |
| 2021-06-30 | 23.96% |
| 2021-03-31 | -24.74% |
| 2020-12-31 | 3.66% |
| 2020-09-30 | 23.19% |
| 2020-06-30 | 23.86% |
| 2020-03-31 | 22.01% |
| 2019-09-30 | 21.53% |
| 2019-06-30 | 23.99% |
| 2019-03-31 | 20.58% |
| 2018-12-31 | 16.55% |
| 2018-09-30 | 15.20% |
| 2018-06-30 | 18.80% |
| 2018-03-31 | 24.09% |
| 2017-12-31 | -125.43% |
| 2017-09-30 | -82.06% |
| 2017-06-30 | 15.91% |
| 2017-03-31 | 11.19% |
| 2016-09-30 | 11.65% |
| 2016-03-31 | 24.61% |
| 2015-12-31 | 25.81% |
| 2015-09-30 | 44.61% |
| 2015-06-30 | -0.54% |
| 2015-03-31 | 29.29% |
| 2014-12-31 | 26.45% |
| 2014-09-30 | 29.07% |
| 2014-06-30 | 29.44% |
| 2014-03-31 | 26.51% |
| 2013-12-31 | 27.84% |
| 2013-09-30 | 0.31% |
| 2013-06-30 | 9.45% |
| 2013-03-31 | 20.21% |
| 2012-06-30 | 31.10% |
| 2011-12-31 | 25.92% |
| 2011-09-30 | 32.71% |
| 2011-06-30 | 29.67% |
| 2011-03-31 | 28.09% |
| 2010-09-30 | 17.66% |
| 2010-06-30 | 35.00% |
| 2010-03-31 | 30.04% |
| 2009-12-31 | -73.18% |
| 2008-12-31 | 34.64% |
| 2008-09-30 | 33.50% |
| 2008-06-30 | 28.01% |
| 2008-03-31 | 24.88% |
| 2007-12-31 | 29.44% |
| 2007-09-30 | 28.72% |
| 2007-06-30 | 29.18% |
| 2007-03-31 | 28.83% |
| 2006-12-31 | 24.46% |
| 2006-09-30 | 27.13% |
| 2006-06-30 | 25.69% |
| 2006-03-31 | 28.01% |
| 2005-12-31 | 26.28% |
| 2005-09-30 | 24.77% |
| 2005-06-30 | 30.93% |
| 2005-03-31 | 30.43% |
| 2004-12-31 | 30.30% |
| 2004-09-30 | 29.93% |
| 2004-06-30 | 22.25% |
| 2004-03-31 | 31.25% |
| 2003-12-31 | 29.02% |
| 2003-09-30 | 20.61% |
| 2003-06-30 | 27.04% |
| 2003-03-31 | 28.05% |
| 2002-12-31 | 20.67% |
| 2002-09-30 | 28.31% |
