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 19.69% is 29% above its 5-year average of 15.26%, around the middle of its 5-year range (-9.03%–36.36%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.38% above its 12-month average of 17.84%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.69%
TAX RATE AVG TTM
17.84%
TAX RATE AVG 3Y
16.06%
TAX RATE AVG 5Y
15.26%
TAX RATE AVG 10Y
18.18%
TAX RATE AVG 15Y
21.64%
TAX RATE AVG 20Y
24.65%
CURRENT VS TTM AVG
+10.38%
CURRENT VS 3Y AVG
+22.61%
CURRENT VS 5Y AVG
+29.03%
CURRENT VS 10Y AVG
+8.29%
CURRENT VS 15Y AVG
-9.00%
CURRENT VS 20Y AVG
-20.13%
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 | 19.69% |
| 2026-03-31 | 8.27% |
| 2025-12-31 | 35.97% |
| 2025-09-30 | 17.88% |
| 2025-06-30 | 7.37% |
| 2025-03-31 | 8.38% |
| 2024-12-31 | 19.52% |
| 2024-09-30 | 18.25% |
| 2024-06-30 | 18.93% |
| 2024-03-31 | 36.36% |
| 2023-12-31 | 17.50% |
| 2023-09-30 | 17.85% |
| 2023-06-30 | 3.09% |
| 2023-03-31 | 19.85% |
| 2022-12-31 | 18.16% |
| 2022-09-30 | 19.26% |
| 2022-06-30 | -9.03% |
| 2022-03-31 | 18.83% |
| 2021-12-31 | 16.98% |
| 2021-09-30 | 18.53% |
| 2021-06-30 | 6.33% |
| 2021-03-31 | 24.60% |
| 2020-12-31 | 21.09% |
| 2020-09-30 | -2.28% |
| 2020-06-30 | 0.09% |
| 2020-03-31 | 18.52% |
| 2019-12-31 | 21.58% |
| 2019-09-30 | -51.88% |
| 2019-06-30 | 19.44% |
| 2019-03-31 | 24.72% |
| 2018-12-31 | -10.28% |
| 2018-09-30 | 25.57% |
| 2018-06-30 | 16.45% |
| 2017-12-31 | 148.47% |
| 2017-09-30 | 22.13% |
| 2017-06-30 | 31.43% |
| 2017-03-31 | 23.17% |
| 2016-12-31 | 15.69% |
| 2016-09-30 | 21.05% |
| 2016-06-30 | 21.75% |
| 2015-12-31 | 25.40% |
| 2015-09-30 | 415.69% |
| 2015-06-30 | 29.93% |
| 2015-03-31 | 3.98% |
| 2014-09-30 | 17.30% |
| 2014-06-30 | 20.33% |
| 2014-03-31 | 16.27% |
| 2013-12-31 | 36.93% |
| 2013-09-30 | 24.06% |
| 2013-06-30 | 48.17% |
| 2013-03-31 | 72.61% |
| 2012-12-31 | 37.19% |
| 2012-09-30 | 39.42% |
| 2012-06-30 | 39.01% |
| 2012-03-31 | 35.55% |
| 2011-12-31 | 36.69% |
| 2011-09-30 | 32.14% |
| 2011-06-30 | 30.75% |
| 2011-03-31 | 33.74% |
| 2010-12-31 | 35.44% |
| 2010-09-30 | 34.76% |
| 2010-06-30 | 19.30% |
| 2009-12-31 | 31.83% |
| 2009-09-30 | 24.93% |
| 2009-06-30 | 30.24% |
| 2009-03-31 | 31.88% |
| 2008-12-31 | 35.61% |
| 2008-09-30 | 36.93% |
| 2008-06-30 | 31.44% |
| 2008-03-31 | 35.74% |
| 2007-12-31 | 42.48% |
| 2007-09-30 | 36.25% |
| 2007-06-30 | 32.10% |
| 2007-03-31 | 37.23% |
| 2006-12-31 | 31.16% |
| 2006-09-30 | 31.94% |
| 2006-06-30 | 32.16% |
| 2006-03-31 | 27.14% |
| 2005-12-31 | 31.36% |
| 2005-09-30 | 31.47% |
| 2005-06-30 | 30.98% |
| 2005-03-31 | 24.72% |
| 2004-12-31 | 19.88% |
| 2004-09-30 | 27.27% |
| 2004-06-30 | 37.14% |
| 2004-03-31 | 26.07% |
| 2003-12-31 | 23.89% |
| 2003-09-30 | 28.67% |
| 2003-03-31 | 31.24% |
| 2002-12-31 | 26.76% |
| 2002-09-30 | 27.49% |
