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 10.67% is 49% below its 5-year average of 21.02%, near the low end of its 5-year range (10.67%–29.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.32% below its 12-month average of 18.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
10.67%
TAX RATE AVG TTM
18.49%
TAX RATE AVG 3Y
21.02%
TAX RATE AVG 5Y
20.85%
TAX RATE AVG 10Y
21.32%
TAX RATE AVG 15Y
24.53%
TAX RATE AVG 20Y
26.38%
CURRENT VS TTM AVG
-42.32%
CURRENT VS 3Y AVG
-49.26%
CURRENT VS 5Y AVG
-48.85%
CURRENT VS 10Y AVG
-49.97%
CURRENT VS 15Y AVG
-56.52%
CURRENT VS 20Y AVG
-59.58%
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 | 10.67% |
| 2026-03-31 | 19.86% |
| 2025-12-31 | 19.87% |
| 2025-09-30 | 20.01% |
| 2025-06-30 | 22.05% |
| 2025-03-31 | 20.79% |
| 2024-12-31 | 21.75% |
| 2024-09-30 | 21.25% |
| 2024-06-30 | 20.74% |
| 2024-03-31 | 21.06% |
| 2023-12-31 | 20.81% |
| 2023-09-30 | 21.92% |
| 2023-06-30 | 22.15% |
| 2023-03-31 | 21.05% |
| 2022-12-31 | 19.81% |
| 2022-09-30 | 22.11% |
| 2022-06-30 | 29.00% |
| 2022-03-31 | 21.51% |
| 2021-12-31 | 18.25% |
| 2021-09-30 | 26.45% |
| 2021-06-30 | 20.31% |
| 2021-03-31 | 20.87% |
| 2020-12-31 | 19.56% |
| 2020-09-30 | 22.24% |
| 2020-06-30 | 22.84% |
| 2020-03-31 | 21.11% |
| 2019-12-31 | 24.12% |
| 2019-09-30 | 17.88% |
| 2019-06-30 | 22.53% |
| 2019-03-31 | 11.83% |
| 2018-12-31 | 19.18% |
| 2018-09-30 | 20.54% |
| 2018-06-30 | 27.12% |
| 2018-03-31 | 17.23% |
| 2017-12-31 | -46.30% |
| 2017-09-30 | 28.08% |
| 2017-06-30 | 29.70% |
| 2017-03-31 | 25.21% |
| 2016-12-31 | 29.50% |
| 2016-09-30 | 30.40% |
| 2016-06-30 | 29.71% |
| 2016-03-31 | 30.37% |
| 2015-12-31 | 33.87% |
| 2015-09-30 | 30.33% |
| 2015-06-30 | 25.62% |
| 2015-03-31 | 31.19% |
| 2014-12-31 | 29.58% |
| 2014-09-30 | 31.25% |
| 2014-06-30 | 30.44% |
| 2014-03-31 | 28.18% |
| 2013-12-31 | 30.18% |
| 2013-09-30 | 30.11% |
| 2013-06-30 | 30.37% |
| 2013-03-31 | 22.81% |
| 2012-12-31 | 29.93% |
| 2012-10-31 | 29.00% |
| 2012-06-30 | 29.62% |
| 2012-03-31 | 29.82% |
| 2011-12-31 | 29.02% |
| 2011-09-30 | 27.70% |
| 2011-06-30 | 31.42% |
| 2011-03-31 | 29.39% |
| 2010-12-31 | 27.71% |
| 2010-09-30 | 25.91% |
| 2010-06-30 | 29.59% |
| 2010-03-31 | 29.72% |
| 2009-12-31 | 30.80% |
| 2009-09-30 | 27.25% |
| 2009-06-30 | 30.20% |
| 2009-03-31 | 29.30% |
| 2008-12-31 | 32.89% |
| 2008-09-30 | 34.69% |
| 2008-06-30 | 34.55% |
| 2008-03-31 | 35.00% |
| 2007-12-31 | 34.90% |
| 2007-09-30 | 35.00% |
| 2007-06-30 | 34.42% |
| 2007-03-31 | 35.00% |
| 2006-12-31 | 33.69% |
| 2006-09-30 | 33.77% |
| 2006-06-30 | 35.05% |
| 2006-03-31 | 33.36% |
| 2005-12-31 | 26.08% |
| 2005-09-30 | 33.80% |
| 2005-06-30 | 31.17% |
| 2005-03-31 | 32.50% |
| 2004-12-31 | 30.50% |
| 2004-09-30 | 28.09% |
| 2004-06-30 | 30.50% |
| 2004-03-31 | 30.50% |
| 2003-12-31 | -454.68% |
| 2003-09-30 | 30.00% |
| 2003-07-31 | 30.00% |
| 2003-04-30 | 29.84% |
| 2003-01-31 | 30.26% |
| 2002-10-31 | 31.00% |
