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 14.76% is in line with its 5-year average of 15.34%, around the middle of its 5-year range (-14.29%–53.97%).
As of the fiscal period ended Tuesday, June 30, 2026. 51.26% above its 12-month average of 9.76%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
14.76%
TAX RATE AVG TTM
9.76%
TAX RATE AVG 3Y
14.35%
TAX RATE AVG 5Y
14.91%
TAX RATE AVG 10Y
15.44%
TAX RATE AVG 15Y
22.95%
TAX RATE AVG 20Y
24.33%
CURRENT VS TTM AVG
+51.26%
CURRENT VS 3Y AVG
+2.87%
CURRENT VS 5Y AVG
-0.98%
CURRENT VS 10Y AVG
-4.43%
CURRENT VS 15Y AVG
-35.68%
CURRENT VS 20Y AVG
-39.34%
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 | 14.76% |
| 2026-03-31 | 3.22% |
| 2025-12-31 | -0.02% |
| 2025-09-30 | 15.72% |
| 2025-06-30 | 15.10% |
| 2024-09-30 | 15.68% |
| 2024-06-30 | 13.48% |
| 2024-03-31 | 15.53% |
| 2023-12-31 | 39.42% |
| 2023-09-30 | 12.41% |
| 2023-06-30 | 12.53% |
| 2023-03-31 | 53.97% |
| 2022-09-30 | 13.75% |
| 2022-06-30 | 13.66% |
| 2022-03-31 | 16.37% |
| 2021-12-31 | -14.29% |
| 2021-09-30 | 17.28% |
| 2021-06-30 | 17.50% |
| 2021-03-31 | -12.03% |
| 2020-09-30 | 18.03% |
| 2020-06-30 | 17.14% |
| 2020-03-31 | -137.88% |
| 2019-09-30 | 14.38% |
| 2019-06-30 | 10.28% |
| 2019-03-31 | 9.59% |
| 2018-12-31 | 18.00% |
| 2018-09-30 | 20.86% |
| 2018-06-30 | 20.42% |
| 2018-03-31 | -18.52% |
| 2017-12-31 | 43.94% |
| 2017-09-30 | 33.94% |
| 2017-06-30 | 34.05% |
| 2017-03-31 | 13.00% |
| 2016-12-31 | 31.97% |
| 2016-09-30 | 34.55% |
| 2016-06-30 | 34.25% |
| 2016-03-31 | 17.03% |
| 2015-12-31 | 33.20% |
| 2015-09-30 | 34.76% |
| 2015-06-30 | 34.57% |
| 2015-03-31 | 27.72% |
| 2014-12-31 | 34.43% |
| 2014-09-30 | 35.20% |
| 2014-06-30 | 34.52% |
| 2014-03-31 | 20.60% |
| 2013-12-31 | 21.84% |
| 2013-09-30 | 35.98% |
| 2013-06-30 | 35.56% |
| 2013-03-31 | 27.52% |
| 2012-12-31 | 34.22% |
| 2012-09-30 | 36.78% |
| 2012-06-30 | 36.94% |
| 2011-12-31 | 27.40% |
| 2011-09-30 | 34.16% |
| 2011-06-30 | 35.29% |
| 2010-12-31 | -45.60% |
| 2010-09-30 | 34.75% |
| 2010-06-30 | 35.40% |
| 2009-09-30 | 35.48% |
| 2009-06-30 | 34.62% |
| 2008-09-30 | 33.54% |
| 2008-06-30 | 12.98% |
| 2007-12-31 | 75.05% |
| 2007-09-30 | 31.30% |
| 2007-06-30 | 33.89% |
| 2007-03-31 | 35.27% |
| 2006-12-31 | 12.60% |
| 2006-09-30 | 34.92% |
| 2006-06-30 | 30.77% |
| 2006-03-31 | 36.94% |
| 2005-12-31 | 35.41% |
| 2005-09-30 | 32.24% |
| 2005-06-30 | 39.25% |
| 2005-03-31 | 38.38% |
| 2004-12-31 | 27.79% |
| 2004-09-30 | 36.18% |
| 2004-06-30 | 38.26% |
| 2004-03-31 | 34.42% |
| 2003-12-31 | 13.26% |
| 2003-09-30 | 31.57% |
| 2003-06-30 | 39.10% |
| 2003-03-31 | 38.76% |
| 2002-09-30 | 39.54% |