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 13.47% is 38% below its 5-year average of 21.62%, near the low end of its 5-year range (2.56%–89.86%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.03% above its 12-month average of 13.46%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
13.47%
TAX RATE AVG TTM
13.46%
TAX RATE AVG 3Y
17.44%
TAX RATE AVG 5Y
18.89%
TAX RATE AVG 10Y
19.49%
TAX RATE AVG 15Y
25.21%
TAX RATE AVG 20Y
27.54%
CURRENT VS TTM AVG
+0.03%
CURRENT VS 3Y AVG
-22.80%
CURRENT VS 5Y AVG
-28.71%
CURRENT VS 10Y AVG
-30.92%
CURRENT VS 15Y AVG
-46.58%
CURRENT VS 20Y AVG
-51.10%
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 | 13.47% |
| 2026-03-31 | 21.84% |
| 2025-12-31 | 2.56% |
| 2025-09-30 | 9.16% |
| 2025-06-30 | 20.29% |
| 2025-03-31 | 21.68% |
| 2024-12-31 | 16.96% |
| 2024-09-30 | 89.86% |
| 2024-06-30 | 22.43% |
| 2024-03-31 | 22.96% |
| 2023-12-31 | 12.06% |
| 2023-09-30 | 23.17% |
| 2023-06-30 | 22.76% |
| 2023-03-31 | 22.78% |
| 2022-09-30 | 12.52% |
| 2022-06-30 | 24.11% |
| 2022-03-31 | 21.85% |
| 2021-12-31 | 15.29% |
| 2021-09-30 | 20.52% |
| 2021-06-30 | 16.17% |
| 2021-03-31 | 21.09% |
| 2020-09-30 | 19.47% |
| 2020-06-30 | 37.43% |
| 2020-03-31 | 20.78% |
| 2019-12-31 | 13.83% |
| 2019-09-30 | 19.18% |
| 2019-06-30 | 21.66% |
| 2019-03-31 | 19.05% |
| 2018-12-31 | 10.70% |
| 2018-09-30 | 22.41% |
| 2018-06-30 | 22.60% |
| 2018-03-31 | 22.50% |
| 2017-09-30 | 37.21% |
| 2017-06-30 | 33.87% |
| 2017-03-31 | 33.54% |
| 2016-12-31 | 21.18% |
| 2016-09-30 | 34.18% |
| 2016-06-30 | 35.16% |
| 2016-03-31 | 35.33% |
| 2015-12-31 | 35.21% |
| 2015-10-28 | 34.99% |
| 2015-06-30 | 35.31% |
| 2015-03-31 | 29.38% |
| 2014-09-30 | 31.18% |
| 2014-06-30 | 40.70% |
| 2014-03-31 | 33.92% |
| 2013-12-31 | 37.28% |
| 2013-09-30 | 29.00% |
| 2013-06-30 | 33.03% |
| 2013-03-31 | 29.21% |
| 2012-09-30 | 31.99% |
| 2012-06-30 | 34.26% |
| 2012-03-31 | 33.80% |
| 2011-09-30 | 34.00% |
| 2011-06-30 | 34.10% |
| 2011-03-31 | 34.19% |
| 2010-12-31 | 24.19% |
| 2010-09-30 | -130.34% |
| 2010-06-30 | 34.58% |
| 2010-03-31 | 53.01% |
| 2009-12-31 | 29.06% |
| 2009-09-30 | 30.92% |
| 2009-06-30 | 33.00% |
| 2009-03-31 | 36.11% |
| 2008-12-31 | 34.92% |
| 2008-09-30 | 34.14% |
| 2008-06-30 | 35.46% |
| 2008-03-31 | 35.42% |
| 2007-12-31 | 34.28% |
| 2007-09-30 | 32.86% |
| 2007-06-30 | 34.03% |
| 2007-03-31 | 36.26% |
| 2006-12-31 | 30.64% |
| 2006-09-30 | 33.03% |
| 2006-06-30 | 32.96% |
| 2006-03-31 | 33.01% |
| 2005-12-31 | -51.97% |
| 2005-09-30 | 32.43% |
| 2005-06-30 | 32.61% |
| 2005-03-31 | 31.98% |
| 2004-12-31 | 14.75% |
| 2004-09-30 | 32.88% |
| 2004-06-30 | 31.21% |
| 2004-03-31 | 33.02% |
| 2003-12-31 | 32.49% |
| 2003-09-30 | 32.80% |
| 2003-06-30 | 33.01% |
| 2003-03-31 | 32.98% |
| 2002-12-31 | 15.76% |
| 2002-09-30 | 32.74% |