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 31.74% is in line with its 5-year average of 31.77%, around the middle of its 5-year range (7.76%–60.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.85% below its 12-month average of 37.28%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
31.74%
TAX RATE AVG TTM
37.28%
TAX RATE AVG 3Y
30.72%
TAX RATE AVG 5Y
31.77%
TAX RATE AVG 10Y
33.31%
TAX RATE AVG 15Y
34.22%
TAX RATE AVG 20Y
31.21%
CURRENT VS TTM AVG
-14.85%
CURRENT VS 3Y AVG
+3.33%
CURRENT VS 5Y AVG
-0.08%
CURRENT VS 10Y AVG
-4.70%
CURRENT VS 15Y AVG
-7.24%
CURRENT VS 20Y AVG
+1.71%
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 | 31.74% |
| 2026-03-31 | 29.67% |
| 2025-12-31 | 60.58% |
| 2025-09-30 | 29.92% |
| 2025-06-30 | 34.48% |
| 2025-03-31 | 25.38% |
| 2024-12-31 | 33.07% |
| 2024-09-30 | 21.81% |
| 2024-06-30 | 18.49% |
| 2024-03-31 | 59.77% |
| 2023-09-30 | 31.06% |
| 2023-06-30 | 51.58% |
| 2023-03-31 | 37.77% |
| 2022-09-30 | 29.91% |
| 2022-06-30 | 7.76% |
| 2022-03-31 | 32.08% |
| 2021-06-30 | 34.38% |
| 2021-03-31 | 29.63% |
| 2020-12-31 | 25.70% |
| 2020-09-30 | 32.69% |
| 2020-06-30 | 28.32% |
| 2020-03-31 | -2.82% |
| 2019-12-31 | 19.49% |
| 2019-09-30 | 19.86% |
| 2019-06-30 | 43.48% |
| 2019-03-31 | 46.30% |
| 2018-12-31 | 96.30% |
| 2018-06-30 | 6.04% |
| 2018-03-31 | 38.32% |
| 2017-12-31 | 307.11% |
| 2017-09-30 | 25.99% |
| 2017-06-30 | 50.00% |
| 2017-03-31 | 56.99% |
| 2016-09-30 | 40.36% |
| 2016-06-30 | 76.73% |
| 2016-03-31 | 66.12% |
| 2015-09-30 | 34.55% |
| 2015-06-30 | 51.01% |
| 2015-03-31 | 45.63% |
| 2014-12-31 | 63.01% |
| 2014-09-30 | -188.00% |
| 2014-06-30 | -57.61% |
| 2014-03-31 | 54.55% |
| 2013-09-30 | 26.55% |
| 2013-03-31 | 33.39% |
| 2012-12-31 | 15.30% |
| 2012-09-30 | 31.80% |
| 2012-06-30 | 31.42% |
| 2012-03-31 | 33.11% |
| 2011-09-30 | 35.81% |
| 2011-06-30 | 22.08% |
| 2011-03-31 | 31.35% |
| 2010-12-31 | 8.77% |
| 2010-09-30 | 29.87% |
| 2010-06-30 | 33.62% |
| 2010-03-31 | 15.34% |
| 2009-12-31 | 25.28% |
| 2009-09-30 | 27.99% |
| 2009-06-30 | 29.63% |
| 2009-03-31 | 27.13% |
| 2008-09-30 | -1.42% |
| 2008-06-30 | -11.94% |
| 2008-03-31 | 29.52% |
| 2007-09-30 | 13.84% |
| 2007-03-31 | 33.33% |
| 2006-12-31 | 17.22% |
| 2006-09-30 | 39.54% |
| 2006-06-30 | 29.34% |
| 2006-03-31 | 10.86% |
| 2005-12-31 | 37.32% |
| 2005-09-30 | 28.23% |
| 2005-06-30 | 20.50% |
| 2005-03-31 | 26.84% |
| 2004-12-31 | 11.18% |
| 2004-09-30 | 41.71% |
| 2004-06-30 | 24.17% |
| 2004-03-31 | 29.07% |
| 2003-12-31 | -7.63% |
| 2003-09-30 | 41.44% |
| 2003-06-30 | 29.12% |
| 2003-03-31 | 24.50% |
| 2002-12-31 | -56.56% |
| 2002-09-30 | 31.70% |
