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 24.15% is in line with its 5-year average of 24.30%, around the middle of its 5-year range (16.02%–31.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.79% below its 12-month average of 24.59%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.15%
TAX RATE AVG TTM
24.59%
TAX RATE AVG 3Y
24.36%
TAX RATE AVG 5Y
24.36%
TAX RATE AVG 10Y
25.50%
TAX RATE AVG 15Y
26.84%
TAX RATE AVG 20Y
27.65%
CURRENT VS TTM AVG
-1.79%
CURRENT VS 3Y AVG
-0.87%
CURRENT VS 5Y AVG
-0.86%
CURRENT VS 10Y AVG
-5.30%
CURRENT VS 15Y AVG
-10.02%
CURRENT VS 20Y AVG
-12.66%
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 | 24.15% |
| 2026-03-31 | 27.51% |
| 2025-12-31 | 21.02% |
| 2025-09-30 | 25.05% |
| 2025-06-30 | 25.21% |
| 2025-03-31 | 22.71% |
| 2024-12-31 | 20.61% |
| 2024-09-30 | 27.34% |
| 2024-06-30 | 27.16% |
| 2024-03-31 | 23.89% |
| 2023-12-31 | 27.00% |
| 2023-09-30 | 20.65% |
| 2023-06-30 | 24.35% |
| 2023-03-31 | 24.76% |
| 2022-12-31 | 23.16% |
| 2022-09-30 | 24.69% |
| 2022-06-30 | 25.46% |
| 2022-03-31 | 23.74% |
| 2021-12-31 | 16.02% |
| 2021-09-30 | 24.30% |
| 2021-06-30 | 31.60% |
| 2021-03-31 | 24.51% |
| 2020-12-31 | 29.81% |
| 2020-09-30 | 30.28% |
| 2020-06-30 | 26.30% |
| 2020-03-31 | 23.83% |
| 2019-12-31 | 25.42% |
| 2019-09-30 | 26.09% |
| 2019-06-30 | 37.45% |
| 2019-03-31 | 22.99% |
| 2018-12-31 | 29.02% |
| 2018-09-30 | 27.53% |
| 2018-06-30 | 25.45% |
| 2018-03-31 | 24.02% |
| 2017-12-31 | 95.64% |
| 2017-09-30 | 26.07% |
| 2017-06-30 | 28.69% |
| 2017-03-31 | 23.24% |
| 2016-12-31 | 25.00% |
| 2016-09-30 | 26.86% |
| 2016-06-30 | 29.52% |
| 2016-03-31 | 28.57% |
| 2015-12-31 | 31.03% |
| 2015-09-30 | 28.01% |
| 2015-06-30 | 27.90% |
| 2015-03-31 | 29.26% |
| 2014-12-31 | 26.90% |
| 2014-09-30 | 29.40% |
| 2014-06-30 | 27.63% |
| 2014-03-31 | 29.58% |
| 2013-12-31 | 29.91% |
| 2013-09-30 | 32.11% |
| 2013-06-30 | 29.08% |
| 2013-03-31 | 29.93% |
| 2012-12-31 | 28.38% |
| 2012-09-30 | 26.79% |
| 2012-06-30 | 29.81% |
| 2012-03-31 | 30.18% |
| 2011-12-31 | 29.07% |
| 2011-09-30 | 32.83% |
| 2011-06-30 | 31.08% |
| 2011-03-31 | 28.64% |
| 2010-12-31 | 35.57% |
| 2010-09-30 | 30.05% |
| 2010-03-31 | 27.32% |
| 2009-09-30 | -28.57% |
| 2009-06-30 | 21.89% |
| 2009-03-31 | 30.89% |
| 2008-12-31 | -7.04% |
| 2008-09-30 | -600.00% |
| 2008-06-30 | 54.55% |
| 2007-12-31 | 31.43% |
| 2007-09-30 | 47.17% |
| 2007-06-30 | 32.86% |
| 2007-03-31 | 31.64% |
| 2006-12-31 | 34.00% |
| 2006-09-30 | 29.50% |
| 2006-06-30 | 35.29% |
| 2006-03-31 | 26.64% |
| 2005-12-31 | 88.89% |
| 2005-09-30 | 26.97% |
| 2005-06-30 | 29.87% |
| 2005-03-31 | 34.91% |
| 2004-09-30 | 65.82% |
| 2004-06-30 | 32.99% |
| 2004-03-31 | 38.60% |
| 2003-12-31 | 28.70% |
| 2003-09-30 | 34.50% |
| 2003-06-30 | 33.75% |
| 2003-03-31 | 34.12% |
| 2002-12-31 | 32.18% |
| 2002-09-30 | 35.97% |
