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 24.17% is in line with its 5-year average of 23.57%, near the high end of its 5-year range (21.28%–24.91%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.80% above its 12-month average of 23.74%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.17%
TAX RATE AVG TTM
23.74%
TAX RATE AVG 3Y
23.70%
TAX RATE AVG 5Y
23.57%
TAX RATE AVG 10Y
23.55%
TAX RATE AVG 15Y
24.16%
TAX RATE AVG 20Y
27.14%
CURRENT VS TTM AVG
+1.80%
CURRENT VS 3Y AVG
+1.96%
CURRENT VS 5Y AVG
+2.53%
CURRENT VS 10Y AVG
+2.64%
CURRENT VS 15Y AVG
+0.03%
CURRENT VS 20Y AVG
-10.93%
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 | 24.17% |
| 2026-03-31 | 22.79% |
| 2025-12-31 | 23.45% |
| 2025-09-30 | 23.70% |
| 2025-06-30 | 24.61% |
| 2025-03-31 | 23.25% |
| 2024-12-31 | 22.79% |
| 2024-09-30 | 22.98% |
| 2024-06-30 | 22.82% |
| 2024-03-31 | 23.68% |
| 2023-12-31 | 24.91% |
| 2023-09-30 | 24.61% |
| 2023-06-30 | 24.41% |
| 2023-03-31 | 24.19% |
| 2022-12-31 | 24.19% |
| 2022-09-30 | 22.60% |
| 2022-06-30 | 24.54% |
| 2022-03-31 | 24.20% |
| 2021-12-31 | 22.51% |
| 2021-09-30 | 23.35% |
| 2021-06-30 | 21.28% |
| 2021-03-31 | 22.83% |
| 2020-12-31 | 16.35% |
| 2020-09-30 | 14.00% |
| 2020-06-30 | 23.72% |
| 2020-03-31 | 22.77% |
| 2019-12-31 | 22.97% |
| 2019-09-30 | 25.41% |
| 2019-06-30 | 24.86% |
| 2019-03-31 | 23.05% |
| 2018-12-31 | 27.87% |
| 2018-09-30 | 24.74% |
| 2018-06-30 | 20.79% |
| 2018-03-31 | 23.84% |
| 2017-12-31 | 81.06% |
| 2017-09-30 | 33.82% |
| 2017-06-30 | 17.79% |
| 2017-03-31 | 34.28% |
| 2016-12-31 | 33.97% |
| 2016-09-30 | 39.50% |
| 2016-06-30 | 37.88% |
| 2016-03-31 | 29.53% |
| 2015-12-31 | 38.92% |
| 2015-09-30 | 39.89% |
| 2015-06-30 | 38.36% |
| 2015-03-31 | 42.62% |
| 2014-12-31 | 18.73% |
| 2014-09-30 | 37.52% |
| 2014-06-30 | 38.12% |
| 2014-03-31 | 42.46% |
| 2013-12-31 | 5.32% |
| 2013-06-30 | 4.99% |
| 2013-03-31 | 0.71% |
| 2012-12-31 | -14.70% |
| 2012-09-30 | -10.13% |
| 2012-06-30 | -6.29% |
| 2006-09-30 | 35.21% |
| 2006-06-30 | 37.11% |
| 2006-03-31 | 37.10% |
| 2005-12-31 | 36.55% |
| 2005-09-30 | 36.82% |
| 2005-06-30 | 37.30% |
| 2005-03-31 | 37.29% |
| 2004-12-31 | 37.15% |
| 2004-09-30 | 38.00% |
| 2004-06-30 | 37.99% |
| 2004-03-31 | 38.00% |
| 2003-12-31 | 38.00% |
| 2003-09-30 | 37.98% |
| 2003-06-30 | 38.02% |
| 2003-03-31 | 37.98% |
| 2002-12-31 | 38.99% |
| 2002-09-30 | 39.00% |
