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 25.83% is in line with its 5-year average of 24.36%, near the high end of its 5-year range (21.65%–25.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.19% above its 12-month average of 24.55%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.83%
TAX RATE AVG TTM
24.55%
TAX RATE AVG 3Y
24.56%
TAX RATE AVG 5Y
24.49%
TAX RATE AVG 10Y
24.60%
TAX RATE AVG 15Y
28.82%
TAX RATE AVG 20Y
29.83%
CURRENT VS TTM AVG
+5.19%
CURRENT VS 3Y AVG
+5.19%
CURRENT VS 5Y AVG
+5.46%
CURRENT VS 10Y AVG
+4.99%
CURRENT VS 15Y AVG
-10.37%
CURRENT VS 20Y AVG
-13.41%
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 | 25.83% |
| 2026-03-31 | 22.25% |
| 2025-12-31 | 24.37% |
| 2025-09-30 | 25.66% |
| 2025-06-30 | 24.67% |
| 2025-03-31 | 23.78% |
| 2024-12-31 | 24.18% |
| 2024-09-30 | 25.27% |
| 2024-06-30 | 25.42% |
| 2024-03-31 | 21.65% |
| 2023-12-31 | 23.86% |
| 2023-09-30 | 25.07% |
| 2023-06-30 | 24.31% |
| 2023-03-31 | 24.95% |
| 2022-12-31 | 23.47% |
| 2022-09-30 | 24.44% |
| 2022-06-30 | 24.74% |
| 2022-03-31 | 25.30% |
| 2021-12-31 | 22.82% |
| 2021-09-30 | 24.92% |
| 2021-06-30 | 24.54% |
| 2021-03-31 | 24.18% |
| 2020-12-31 | 25.33% |
| 2020-09-30 | 25.09% |
| 2020-06-30 | 38.10% |
| 2020-03-31 | 25.46% |
| 2019-12-31 | 21.00% |
| 2019-09-30 | 24.86% |
| 2019-06-30 | 24.38% |
| 2019-03-31 | 25.07% |
| 2018-12-31 | 22.65% |
| 2018-09-30 | 24.59% |
| 2018-06-30 | 23.93% |
| 2018-03-31 | 24.92% |
| 2017-12-31 | -20.04% |
| 2017-09-30 | 35.87% |
| 2017-06-30 | 31.35% |
| 2017-03-31 | 34.45% |
| 2016-12-31 | 34.34% |
| 2016-09-30 | 34.81% |
| 2016-06-30 | 34.78% |
| 2016-03-31 | 34.86% |
| 2015-12-31 | 32.10% |
| 2015-09-30 | 35.36% |
| 2015-06-30 | 35.01% |
| 2015-03-31 | 34.16% |
| 2014-12-31 | 34.32% |
| 2014-09-30 | 36.84% |
| 2014-06-30 | 37.28% |
| 2014-03-31 | 35.69% |
| 2013-12-31 | -143.58% |
| 2013-09-30 | 35.06% |
| 2013-06-30 | 33.28% |
| 2013-03-31 | 34.52% |
| 2012-12-31 | 31.44% |
| 2012-09-30 | 35.29% |
| 2012-06-30 | 35.98% |
| 2012-03-31 | 88.82% |
| 2011-12-31 | 32.55% |
| 2011-09-30 | 35.22% |
| 2011-06-30 | 35.91% |
| 2011-03-31 | 36.61% |
| 2010-12-31 | 38.19% |
| 2010-06-30 | 36.21% |
| 2010-03-31 | 22.89% |
| 2009-12-31 | 5.11% |
| 2009-09-30 | 16.84% |
| 2009-06-30 | 14.19% |
| 2009-03-31 | 37.17% |
| 2008-12-31 | 29.16% |
| 2008-09-30 | 37.16% |
| 2008-06-30 | 37.13% |
| 2008-03-31 | 36.92% |
| 2007-12-31 | 36.49% |
| 2007-09-30 | 35.76% |
| 2007-06-30 | 36.93% |
| 2007-03-31 | 37.07% |
| 2006-12-31 | 35.14% |
| 2006-09-30 | 36.66% |
| 2006-06-30 | 35.17% |
| 2006-03-31 | 31.18% |
| 2005-12-31 | -59.44% |
| 2005-09-30 | 45.03% |
| 2005-06-30 | 41.19% |
| 2005-03-31 | 38.56% |
| 2004-12-31 | 36.24% |
| 2004-09-30 | 41.19% |
| 2004-06-30 | 43.89% |
| 2003-06-30 | 39.35% |
| 2003-03-31 | 39.16% |
| 2002-12-31 | 35.22% |
| 2002-09-30 | 37.31% |
