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 13.19% is 14% below its 5-year average of 15.29%, around the middle of its 5-year range (-20.19%–52.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 41.02% below its 12-month average of 22.36%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
13.19%
TAX RATE AVG TTM
22.36%
TAX RATE AVG 3Y
14.87%
TAX RATE AVG 5Y
15.29%
TAX RATE AVG 10Y
16.89%
TAX RATE AVG 15Y
20.17%
TAX RATE AVG 20Y
21.40%
CURRENT VS TTM AVG
-41.02%
CURRENT VS 3Y AVG
-11.26%
CURRENT VS 5Y AVG
-13.70%
CURRENT VS 10Y AVG
-21.88%
CURRENT VS 15Y AVG
-34.59%
CURRENT VS 20Y AVG
-38.35%
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 | 13.19% |
| 2026-03-31 | 20.23% |
| 2025-12-31 | 11.70% |
| 2025-09-30 | 52.38% |
| 2025-06-30 | 14.33% |
| 2025-03-31 | 17.06% |
| 2024-12-31 | 16.43% |
| 2024-09-30 | 13.10% |
| 2024-06-30 | 9.41% |
| 2024-03-31 | 14.52% |
| 2023-12-31 | 18.08% |
| 2023-09-30 | 35.19% |
| 2023-06-30 | 15.49% |
| 2023-03-31 | 16.08% |
| 2022-12-31 | 19.06% |
| 2022-09-30 | 17.20% |
| 2022-06-30 | 14.35% |
| 2022-03-31 | -20.19% |
| 2021-12-31 | 15.43% |
| 2021-06-30 | 14.19% |
| 2021-03-31 | 19.18% |
| 2020-12-31 | 15.74% |
| 2020-09-30 | 11.98% |
| 2020-06-30 | 6.07% |
| 2020-03-31 | 22.40% |
| 2019-12-31 | 5.74% |
| 2019-09-30 | 85.64% |
| 2019-06-30 | 18.67% |
| 2019-03-31 | 14.02% |
| 2018-12-31 | 33.53% |
| 2018-09-30 | 28.19% |
| 2018-06-30 | 21.10% |
| 2018-03-31 | 24.10% |
| 2017-12-31 | 179.38% |
| 2017-09-30 | 25.19% |
| 2017-06-30 | 21.41% |
| 2017-03-31 | 17.72% |
| 2016-12-31 | 16.65% |
| 2016-09-30 | 21.82% |
| 2016-06-30 | 24.30% |
| 2016-03-31 | 22.58% |
| 2015-12-31 | 21.70% |
| 2015-09-30 | 27.82% |
| 2015-06-30 | 27.58% |
| 2015-03-31 | 25.50% |
| 2014-12-31 | 25.50% |
| 2014-09-30 | 26.64% |
| 2014-06-30 | 27.12% |
| 2014-03-31 | 27.42% |
| 2013-12-31 | 27.38% |
| 2013-09-30 | 22.89% |
| 2013-06-30 | 20.86% |
| 2013-03-31 | 22.55% |
| 2012-12-31 | 25.69% |
| 2012-09-30 | 23.42% |
| 2012-06-30 | 22.10% |
| 2012-03-31 | 24.85% |
| 2011-12-31 | 24.54% |
| 2011-09-30 | 21.20% |
| 2011-06-30 | 19.17% |
| 2011-03-31 | 18.27% |
| 2010-12-31 | 19.60% |
| 2010-09-30 | 16.79% |
| 2010-06-30 | 23.22% |
| 2010-03-31 | 16.24% |
| 2009-12-31 | 20.04% |
| 2009-09-30 | -0.35% |
| 2009-06-30 | 34.66% |
| 2009-03-31 | 26.71% |
| 2008-12-31 | 17.13% |
| 2008-09-30 | 28.92% |
| 2008-06-30 | 28.52% |
| 2008-03-31 | 28.49% |
| 2007-12-31 | 28.49% |
| 2007-09-30 | 29.15% |
| 2007-06-30 | 26.24% |
| 2007-03-31 | 25.31% |
| 2006-12-31 | 29.96% |
| 2006-09-30 | 25.58% |
| 2006-06-30 | 32.15% |
| 2006-03-31 | 30.43% |
| 2005-12-31 | 30.55% |
| 2005-09-30 | 31.84% |
| 2005-06-30 | 33.42% |
| 2005-03-31 | 21.10% |
| 2004-12-31 | 32.02% |
| 2004-09-30 | 22.73% |
| 2004-06-30 | 3.66% |
| 2004-03-31 | 30.03% |
| 2003-12-31 | 24.41% |
| 2003-09-30 | 30.00% |
| 2003-06-30 | -52.38% |
| 2003-03-31 | 24.62% |
| 2002-12-31 | 30.00% |
| 2002-09-30 | 23.44% |