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 13.56% is 54% below its 5-year average of 29.24%, near the low end of its 5-year range (13.56%–40.30%).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
13.56%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
21.35%
TAX RATE AVG 5Y
29.24%
TAX RATE AVG 10Y
29.06%
TAX RATE AVG 15Y
25.07%
TAX RATE AVG 20Y
24.09%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-36.50%
CURRENT VS 5Y AVG
-53.62%
CURRENT VS 10Y AVG
-53.34%
CURRENT VS 15Y AVG
-45.90%
CURRENT VS 20Y AVG
-43.71%
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 | 13.56% |
| 2024-12-31 | 23.45% |
| 2023-06-30 | 27.05% |
| 2023-03-31 | 25.60% |
| 2022-12-31 | 24.34% |
| 2022-09-30 | 40.30% |
| 2022-06-30 | 33.98% |
| 2022-03-31 | 26.93% |
| 2021-09-30 | 39.52% |
| 2021-06-30 | 37.66% |
| 2021-03-31 | 22.21% |
| 2020-12-31 | 117.13% |
| 2020-09-30 | 11.25% |
| 2019-03-31 | 35.28% |
| 2018-09-30 | 43.75% |
| 2018-06-30 | 18.64% |
| 2017-09-30 | 14.50% |
| 2017-06-30 | 31.30% |
| 2017-03-31 | -0.04% |
| 2016-12-31 | 44.40% |
| 2016-09-30 | 34.28% |
| 2016-06-30 | 33.28% |
| 2016-03-31 | 36.35% |
| 2015-12-31 | 9.25% |
| 2015-09-30 | 50.19% |
| 2015-06-30 | 37.82% |
| 2015-03-31 | 40.00% |
| 2014-12-31 | 5.21% |
| 2014-09-30 | 9.46% |
| 2014-06-30 | 38.97% |
| 2014-03-31 | 20.79% |
| 2012-12-31 | -139.91% |
| 2012-09-30 | -1.87% |
| 2012-06-30 | 0.03% |
| 2012-03-31 | -0.24% |
| 2011-03-31 | 36.81% |
| 2010-12-31 | 9.06% |
| 2010-09-30 | 84.61% |
| 2010-03-31 | 24.19% |
| 2009-09-30 | 11.55% |
| 2009-06-30 | -2.57% |
| 2009-03-31 | 112.22% |
| 2008-06-30 | 10.81% |
| 2008-03-31 | 46.53% |
