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 19.14% is in line with its 5-year average of 19.06%, around the middle of its 5-year range (12.61%–21.99%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.06% below its 12-month average of 19.94%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.14%
TAX RATE AVG TTM
19.94%
TAX RATE AVG 3Y
19.20%
TAX RATE AVG 5Y
19.06%
TAX RATE AVG 10Y
18.64%
TAX RATE AVG 15Y
19.17%
TAX RATE AVG 20Y
21.43%
CURRENT VS TTM AVG
-4.06%
CURRENT VS 3Y AVG
-0.32%
CURRENT VS 5Y AVG
+0.41%
CURRENT VS 10Y AVG
+2.68%
CURRENT VS 15Y AVG
-0.20%
CURRENT VS 20Y AVG
-10.71%
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 | 19.14% |
| 2026-03-31 | 20.62% |
| 2025-12-31 | 20.87% |
| 2025-09-30 | 21.99% |
| 2025-06-30 | 17.10% |
| 2025-03-31 | 12.61% |
| 2024-12-31 | 17.62% |
| 2024-09-30 | 18.81% |
| 2024-06-30 | 18.31% |
| 2024-03-31 | 19.96% |
| 2023-12-31 | 19.52% |
| 2023-09-30 | 19.39% |
| 2023-06-30 | 17.03% |
| 2023-03-31 | 19.66% |
| 2022-12-31 | 17.82% |
| 2022-09-30 | 19.60% |
| 2022-06-30 | 18.07% |
| 2022-03-31 | 20.90% |
| 2021-12-31 | 14.98% |
| 2021-09-30 | 21.32% |
| 2021-06-30 | 18.44% |
| 2021-03-31 | 136.00% |
| 2020-12-31 | 14.76% |
| 2020-09-30 | 17.36% |
| 2020-06-30 | 16.15% |
| 2020-03-31 | 14.88% |
| 2019-12-31 | 10.18% |
| 2019-09-30 | 20.21% |
| 2019-06-30 | 28.16% |
| 2019-03-31 | 23.57% |
| 2018-12-31 | 14.79% |
| 2018-09-30 | 23.87% |
| 2018-06-30 | 22.07% |
| 2018-03-31 | 15.38% |
| 2017-12-31 | 93.28% |
| 2017-09-30 | 20.61% |
| 2017-06-30 | 16.45% |
| 2017-03-31 | 18.67% |
| 2016-12-31 | 20.23% |
| 2016-09-30 | 18.10% |
| 2016-06-30 | 29.21% |
| 2016-03-31 | 16.70% |
| 2015-12-31 | 15.94% |
| 2015-09-30 | 16.62% |
| 2015-06-30 | 16.00% |
| 2015-03-31 | 20.44% |
| 2014-12-31 | 21.06% |
| 2014-09-30 | 18.32% |
| 2014-06-30 | 17.72% |
| 2014-03-31 | 20.32% |
| 2013-12-31 | 20.85% |
| 2013-09-30 | 20.71% |
| 2013-06-30 | 16.87% |
| 2013-03-31 | 21.37% |
| 2012-12-31 | 20.79% |
| 2012-09-30 | 21.60% |
| 2012-06-30 | 21.99% |
| 2012-03-31 | 23.09% |
| 2011-12-31 | 24.19% |
| 2011-09-30 | 24.03% |
| 2011-06-30 | 24.27% |
| 2011-03-31 | 24.88% |
| 2010-12-31 | 25.93% |
| 2010-09-30 | 25.92% |
| 2010-06-30 | 26.08% |
| 2010-03-31 | 27.82% |
| 2009-12-31 | 27.12% |
| 2009-09-30 | 27.29% |
| 2009-06-30 | 27.27% |
| 2009-03-31 | 26.86% |
| 2008-12-31 | 27.94% |
| 2008-09-30 | 27.63% |
| 2008-06-30 | 28.82% |
| 2008-03-31 | 31.86% |
| 2007-12-31 | 30.85% |
| 2007-09-30 | 28.65% |
| 2007-06-30 | 31.57% |
| 2006-12-31 | 31.36% |
| 2006-09-30 | 31.02% |
| 2006-06-30 | 40.58% |
| 2006-03-31 | 30.84% |
| 2005-12-31 | 31.44% |
| 2005-09-30 | 31.11% |
| 2005-06-30 | 32.65% |
| 2005-03-31 | 33.03% |
| 2004-12-31 | 33.39% |
| 2004-09-30 | 32.63% |
| 2004-06-30 | 32.78% |
| 2004-03-31 | 32.50% |
| 2003-12-31 | 32.32% |
| 2003-09-30 | 31.60% |
| 2003-06-30 | 32.11% |
| 2003-03-31 | 31.97% |
| 2002-12-31 | 31.69% |
| 2002-09-30 | 31.63% |
