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 23.46% is in line with its 5-year average of 22.06%, around the middle of its 5-year range (12.81%–34.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.38% above its 12-month average of 18.71%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.46%
TAX RATE AVG TTM
18.71%
TAX RATE AVG 3Y
17.68%
TAX RATE AVG 5Y
22.06%
TAX RATE AVG 10Y
22.89%
TAX RATE AVG 15Y
19.82%
TAX RATE AVG 20Y
16.56%
CURRENT VS TTM AVG
+25.38%
CURRENT VS 3Y AVG
+32.68%
CURRENT VS 5Y AVG
+6.36%
CURRENT VS 10Y AVG
+2.50%
CURRENT VS 15Y AVG
+18.33%
CURRENT VS 20Y AVG
+41.66%
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 | 23.46% |
| 2026-03-31 | 21.84% |
| 2025-12-31 | 13.64% |
| 2025-09-30 | 14.83% |
| 2025-06-30 | 19.79% |
| 2025-03-31 | 12.81% |
| 2024-12-31 | 16.44% |
| 2024-09-30 | 16.37% |
| 2024-06-30 | 18.45% |
| 2024-03-31 | 19.20% |
| 2022-09-30 | 34.39% |
| 2022-06-30 | 27.44% |
| 2022-03-31 | 28.48% |
| 2021-12-31 | 28.84% |
| 2021-09-30 | 27.91% |
| 2021-06-30 | 29.01% |
| 2021-03-31 | 26.50% |
| 2020-12-31 | 20.83% |
| 2020-09-30 | 20.13% |
| 2020-06-30 | 26.80% |
| 2020-03-31 | 30.16% |
| 2019-09-30 | 4.77% |
| 2019-06-30 | 20.56% |
| 2019-03-31 | 25.51% |
| 2018-12-31 | 27.88% |
| 2018-09-30 | 27.09% |
| 2018-06-30 | 26.68% |
| 2018-03-31 | 27.26% |
| 2017-12-31 | 22.56% |
| 2017-09-30 | 20.49% |
| 2017-06-30 | 19.57% |
| 2017-03-31 | 19.89% |
| 2016-12-31 | -3.67% |
| 2016-09-30 | 15.16% |
| 2016-06-30 | 25.33% |
| 2016-03-31 | 19.71% |
| 2015-12-31 | 10.82% |
| 2015-09-30 | 20.07% |
| 2015-06-30 | 19.58% |
| 2015-03-31 | 19.14% |
| 2014-12-31 | 14.76% |
| 2014-09-30 | 16.72% |
| 2014-06-30 | 21.47% |
| 2014-03-31 | 17.25% |
| 2013-12-31 | 5.40% |
| 2013-09-30 | 6.03% |
| 2013-06-30 | 6.52% |
| 2013-03-31 | 14.17% |
| 2012-12-31 | -48.25% |
| 2012-09-30 | 60.63% |
| 2011-06-30 | -0.11% |
| 2011-03-31 | 2.80% |
| 2010-12-31 | 37.73% |
| 2010-09-30 | -0.40% |
| 2010-06-30 | -4.39% |
| 2010-03-31 | -0.02% |
| 2009-12-31 | -5.50% |
| 2009-09-30 | -0.91% |
| 2007-09-30 | 0.05% |
| 2007-06-30 | -0.25% |
| 2007-03-31 | 0.00% |
