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 23.88% is in line with its 5-year average of 24.78%, around the middle of its 5-year range (-15.80%–84.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 37.40% above its 12-month average of 17.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.88%
TAX RATE AVG TTM
17.38%
TAX RATE AVG 3Y
24.61%
TAX RATE AVG 5Y
24.78%
TAX RATE AVG 10Y
22.95%
TAX RATE AVG 15Y
27.88%
TAX RATE AVG 20Y
30.99%
CURRENT VS TTM AVG
+37.40%
CURRENT VS 3Y AVG
-2.94%
CURRENT VS 5Y AVG
-3.62%
CURRENT VS 10Y AVG
+4.05%
CURRENT VS 15Y AVG
-14.34%
CURRENT VS 20Y AVG
-22.94%
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 | 23.88% |
| 2026-03-31 | 24.81% |
| 2025-12-31 | -15.80% |
| 2025-09-30 | 27.09% |
| 2025-06-30 | 26.93% |
| 2025-03-31 | 84.33% |
| 2024-12-31 | 23.00% |
| 2024-09-30 | 23.04% |
| 2024-06-30 | 24.79% |
| 2024-03-31 | 24.92% |
| 2023-12-31 | 16.92% |
| 2023-09-30 | 23.42% |
| 2023-06-30 | 24.18% |
| 2023-03-31 | 25.02% |
| 2022-12-31 | 25.43% |
| 2022-09-30 | 24.80% |
| 2022-06-30 | 25.29% |
| 2022-03-31 | 28.37% |
| 2021-12-31 | 27.09% |
| 2021-09-30 | 22.20% |
| 2021-06-30 | 21.81% |
| 2021-03-31 | 20.97% |
| 2020-12-31 | 19.22% |
| 2020-09-30 | 22.95% |
| 2020-06-30 | 19.68% |
| 2020-03-31 | 18.41% |
| 2019-12-31 | 18.86% |
| 2019-09-30 | 19.80% |
| 2019-06-30 | 23.53% |
| 2019-03-31 | 19.47% |
| 2018-12-31 | 18.26% |
| 2018-09-30 | 19.25% |
| 2018-06-30 | 23.91% |
| 2018-03-31 | 21.43% |
| 2017-12-31 | 32.20% |
| 2017-09-30 | 27.72% |
| 2017-06-30 | 23.30% |
| 2017-03-31 | 23.64% |
| 2016-12-31 | 34.10% |
| 2016-09-30 | 33.30% |
| 2016-06-30 | 34.47% |
| 2016-03-31 | 34.72% |
| 2015-12-31 | 33.78% |
| 2015-09-30 | 35.75% |
| 2015-06-30 | 34.60% |
| 2015-03-31 | 36.13% |
| 2014-12-31 | 35.39% |
| 2014-09-30 | 38.08% |
| 2014-06-30 | 37.43% |
| 2014-03-31 | 36.93% |
| 2013-12-31 | 37.62% |
| 2013-09-30 | 30.81% |
| 2013-06-30 | 38.61% |
| 2013-03-31 | 36.99% |
| 2012-12-31 | 4.94% |
| 2012-09-30 | 36.24% |
| 2012-06-30 | 40.43% |
| 2012-03-31 | 40.68% |
| 2011-12-31 | 38.82% |
| 2011-09-30 | 39.70% |
| 2011-06-30 | 40.03% |
| 2011-03-31 | 38.98% |
| 2010-12-31 | 38.06% |
| 2010-09-30 | 36.33% |
| 2010-06-30 | 39.53% |
| 2010-03-31 | 39.55% |
| 2009-12-31 | 50.76% |
| 2009-09-30 | 45.69% |
| 2009-06-30 | 44.44% |
| 2009-03-31 | 39.99% |
| 2008-12-31 | 35.72% |
| 2008-09-30 | 27.60% |
| 2008-06-30 | 40.16% |
| 2008-03-31 | 46.15% |
| 2007-12-31 | 38.45% |
| 2007-09-30 | 33.85% |
| 2007-06-30 | 41.18% |
| 2007-03-31 | 45.18% |
| 2006-12-31 | 37.64% |
| 2006-09-30 | 41.84% |
| 2006-06-30 | 42.28% |
| 2006-03-31 | 22.37% |
| 2005-12-31 | -28.06% |
| 2005-09-30 | 32.74% |
| 2005-06-30 | 35.20% |
| 2005-03-31 | 43.10% |
| 2004-12-31 | 48.79% |
| 2004-09-30 | -84.60% |
| 2004-06-30 | -911.09% |
| 2004-03-31 | 3.06% |
