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 28.06% is in line with its 1-year average of 28.26%, near the low end of its 1-year range (28.06%–28.45%).
As of the fiscal period ended Tuesday, September 30, 2025. 0.70% below its 12-month average of 28.26%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.06%
TAX RATE AVG TTM
28.26%
TAX RATE AVG 3Y
28.26%
TAX RATE AVG 5Y
28.26%
TAX RATE AVG 10Y
20.15%
TAX RATE AVG 15Y
19.37%
TAX RATE AVG 20Y
25.73%
CURRENT VS TTM AVG
-0.70%
CURRENT VS 3Y AVG
-0.70%
CURRENT VS 5Y AVG
-0.70%
CURRENT VS 10Y AVG
+39.23%
CURRENT VS 15Y AVG
+44.84%
CURRENT VS 20Y AVG
+9.04%
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 |
|---|---|
| 2025-09-30 | 28.06% |
| 2025-06-30 | 28.45% |
| 2020-06-30 | 30.82% |
| 2020-03-31 | 70.37% |
| 2019-12-31 | -26.00% |
| 2019-09-30 | -3.09% |
| 2019-06-30 | 26.15% |
| 2018-12-31 | -66.63% |
| 2018-09-30 | -10.82% |
| 2018-06-30 | 17.99% |
| 2018-03-31 | -44.85% |
| 2017-12-31 | 231.54% |
| 2017-09-30 | 12.24% |
| 2017-06-30 | 21.14% |
| 2017-03-31 | 21.49% |
| 2016-12-31 | 24.27% |
| 2016-09-30 | 11.36% |
| 2016-06-30 | 19.21% |
| 2016-03-31 | 22.98% |
| 2015-12-31 | 16.80% |
| 2015-09-30 | 24.42% |
| 2015-06-30 | 29.46% |
| 2015-03-31 | 25.32% |
| 2014-12-31 | 36.33% |
| 2013-12-31 | 6.63% |
| 2013-09-30 | -101.88% |
| 2012-12-31 | 29.82% |
| 2012-09-30 | 29.00% |
| 2012-06-30 | 31.20% |
| 2012-03-31 | 29.97% |
| 2011-12-31 | 7.02% |
| 2011-09-30 | 16.52% |
| 2011-06-30 | 9.73% |
| 2011-03-31 | -114.37% |
| 2010-12-31 | 9.25% |
| 2010-09-30 | 10.05% |
| 2010-06-30 | 29.59% |
| 2010-03-31 | 34.52% |
| 2009-12-31 | 24.37% |
| 2009-09-30 | 29.02% |
| 2009-06-30 | 33.69% |
| 2009-03-31 | 36.08% |
| 2008-12-31 | 38.43% |
| 2008-09-30 | 40.68% |
| 2008-06-30 | 49.43% |
| 2008-03-31 | 36.13% |
| 2007-12-31 | 35.85% |
| 2007-09-30 | 32.73% |
| 2007-06-30 | 39.61% |
| 2007-03-31 | 37.28% |
| 2006-12-31 | 30.86% |
| 2006-09-30 | 27.92% |
| 2006-06-30 | 30.51% |
| 2006-03-31 | 30.77% |
| 2005-12-31 | 37.81% |
| 2005-09-30 | 43.82% |
| 2005-06-30 | 28.70% |
| 2005-03-31 | 23.21% |
| 2004-12-31 | 9.65% |
| 2004-09-30 | -541.27% |
| 2004-06-30 | 4.84% |
| 2004-03-31 | 6.92% |
| 2003-12-31 | -28.62% |
| 2003-06-30 | -3.19% |
| 2003-03-31 | 56.51% |
| 2002-12-31 | 1.26% |
| 2002-09-30 | 9.45% |
