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 22.36% is in line with its 5-year average of 22.18%, around the middle of its 5-year range (10.52%–34.90%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.22% above its 12-month average of 18.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.36%
TAX RATE AVG TTM
18.75%
TAX RATE AVG 3Y
20.56%
TAX RATE AVG 5Y
22.13%
TAX RATE AVG 10Y
23.75%
TAX RATE AVG 15Y
27.09%
TAX RATE AVG 20Y
29.36%
CURRENT VS TTM AVG
+19.22%
CURRENT VS 3Y AVG
+8.76%
CURRENT VS 5Y AVG
+1.04%
CURRENT VS 10Y AVG
-5.85%
CURRENT VS 15Y AVG
-17.46%
CURRENT VS 20Y AVG
-23.86%
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 | 22.36% |
| 2026-03-31 | 23.34% |
| 2025-12-31 | 10.52% |
| 2025-09-30 | 20.04% |
| 2025-06-30 | 17.52% |
| 2025-03-31 | 19.06% |
| 2024-12-31 | 19.13% |
| 2024-09-30 | 14.33% |
| 2024-06-30 | 34.90% |
| 2024-03-31 | 25.32% |
| 2023-12-31 | 29.50% |
| 2023-09-30 | 24.81% |
| 2023-06-30 | 20.77% |
| 2023-03-31 | 23.99% |
| 2022-12-31 | 25.47% |
| 2022-09-30 | 23.04% |
| 2022-06-30 | 22.67% |
| 2022-03-31 | 24.33% |
| 2021-12-31 | 17.52% |
| 2021-09-30 | 22.37% |
| 2021-06-30 | 24.89% |
| 2021-03-31 | 24.56% |
| 2020-12-31 | 15.73% |
| 2020-09-30 | 26.05% |
| 2020-06-30 | 23.73% |
| 2020-03-31 | 25.64% |
| 2019-12-31 | 19.44% |
| 2019-09-30 | 30.23% |
| 2019-06-30 | 27.20% |
| 2019-03-31 | 21.09% |
| 2018-12-31 | 113.41% |
| 2018-09-30 | 22.01% |
| 2018-06-30 | 43.75% |
| 2018-03-31 | 25.94% |
| 2017-12-31 | -15.49% |
| 2017-09-30 | 27.35% |
| 2017-06-30 | 30.81% |
| 2017-03-31 | 21.86% |
| 2016-09-30 | 34.17% |
| 2016-06-30 | 52.05% |
| 2016-03-31 | 32.31% |
| 2015-12-31 | 32.42% |
| 2015-09-30 | 33.01% |
| 2015-06-30 | 31.25% |
| 2015-03-31 | 35.71% |
| 2014-12-31 | 11.34% |
| 2014-09-30 | 31.28% |
| 2014-06-30 | 37.65% |
| 2014-03-31 | 33.97% |
| 2013-12-31 | 40.00% |
| 2013-09-30 | 33.92% |
| 2013-06-30 | 34.81% |
| 2013-03-31 | 28.81% |
| 2012-12-31 | 44.44% |
| 2012-09-30 | 33.58% |
| 2012-06-30 | 26.40% |
| 2012-03-31 | 38.69% |
| 2011-12-31 | 32.50% |
| 2011-09-30 | 35.88% |
| 2011-06-30 | 30.53% |
| 2011-03-31 | 32.24% |
| 2010-12-31 | 8.78% |
| 2010-09-30 | 30.07% |
| 2010-06-30 | 34.93% |
| 2010-03-31 | 32.58% |
| 2009-12-31 | 17.65% |
| 2009-09-30 | 29.76% |
| 2009-06-30 | 40.35% |
| 2009-03-31 | 33.80% |
| 2008-12-31 | 51.95% |
| 2008-09-30 | 39.58% |
| 2008-06-30 | 31.76% |
| 2008-03-31 | 37.95% |
| 2007-12-31 | 40.24% |
| 2007-09-30 | 31.98% |
| 2007-06-30 | 40.50% |
| 2007-03-31 | 40.63% |
| 2006-12-31 | 40.26% |
| 2006-09-30 | 39.43% |
| 2006-06-30 | 40.00% |
| 2006-03-31 | 40.00% |
| 2005-12-31 | 41.80% |
| 2005-09-30 | 42.00% |
| 2005-06-30 | 43.63% |
| 2005-03-31 | 40.10% |
| 2004-06-30 | 35.00% |
| 2004-03-31 | 35.00% |
| 2003-12-31 | -5.14% |
| 2003-03-31 | 23.70% |
| 2002-12-31 | 49.04% |
| 2002-09-30 | 49.03% |
