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 39.41% is in line with its 5-year average of 36.77%, near the low end of its 5-year range (4.69%–545.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.09% above its 12-month average of 37.15%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
39.41%
TAX RATE AVG TTM
37.15%
TAX RATE AVG 3Y
99.10%
TAX RATE AVG 5Y
36.77%
TAX RATE AVG 10Y
36.50%
TAX RATE AVG 15Y
37.66%
TAX RATE AVG 20Y
35.99%
CURRENT VS TTM AVG
+6.09%
CURRENT VS 3Y AVG
-60.23%
CURRENT VS 5Y AVG
+7.18%
CURRENT VS 10Y AVG
+7.98%
CURRENT VS 15Y AVG
+4.66%
CURRENT VS 20Y AVG
+9.49%
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 | 39.41% |
| 2026-03-31 | 39.45% |
| 2025-12-31 | 33.71% |
| 2025-09-30 | 53.98% |
| 2025-06-30 | 19.20% |
| 2025-03-31 | 30.44% |
| 2024-12-31 | 4.69% |
| 2024-06-30 | 545.00% |
| 2023-12-31 | 42.94% |
| 2023-09-30 | 239.58% |
| 2023-06-30 | 41.74% |
| 2023-03-31 | 35.29% |
| 2022-12-31 | 31.41% |
| 2022-09-30 | 33.95% |
| 2022-06-30 | 36.84% |
| 2022-03-31 | 36.40% |
| 2021-12-31 | 31.02% |
| 2021-09-30 | 37.96% |
| 2021-06-30 | 44.56% |
| 2021-03-31 | 41.72% |
| 2020-09-30 | 43.18% |
| 2019-09-30 | 31.43% |
| 2019-06-30 | 32.43% |
| 2019-03-31 | 34.49% |
| 2018-12-31 | 36.97% |
| 2018-09-30 | 20.32% |
| 2018-06-30 | 36.36% |
| 2018-03-31 | 34.70% |
| 2017-12-31 | 34.69% |
| 2017-09-30 | 36.99% |
| 2017-06-30 | 36.30% |
| 2017-03-31 | 37.40% |
| 2016-12-31 | 35.91% |
| 2016-09-30 | 34.20% |
| 2016-06-30 | 79.66% |
| 2016-03-31 | 21.49% |
| 2015-06-30 | 56.96% |
| 2015-03-31 | 46.67% |
| 2014-12-31 | 19.16% |
| 2014-09-30 | 63.98% |
| 2014-06-30 | 43.71% |
| 2014-03-31 | 54.71% |
| 2013-12-31 | 35.54% |
| 2013-09-30 | 34.29% |
| 2013-06-30 | 48.41% |
| 2013-03-31 | 38.16% |
| 2012-12-31 | 29.73% |
| 2012-09-30 | 46.22% |
| 2012-06-30 | 34.51% |
| 2012-03-31 | 45.79% |
| 2011-12-31 | 32.06% |
| 2011-09-30 | 35.91% |
| 2011-06-30 | 31.85% |
| 2011-03-31 | 34.01% |
| 2010-12-31 | 43.52% |
| 2010-09-30 | 41.38% |
| 2010-06-30 | 40.88% |
| 2010-03-22 | 18.34% |
| 2009-12-31 | 28.88% |
| 2009-09-30 | 21.38% |
| 2009-06-30 | 24.14% |
| 2009-03-31 | 36.84% |
| 2008-09-30 | 37.08% |
| 2008-06-30 | 40.67% |
| 2008-03-31 | 32.70% |
| 2007-12-31 | 6.78% |
| 2007-09-30 | 37.20% |
| 2007-06-30 | 34.30% |
| 2007-03-31 | 34.87% |
| 2006-12-31 | 30.55% |
| 2006-09-30 | 39.32% |
| 2006-06-30 | 32.33% |
| 2006-03-31 | 34.21% |
| 2005-12-31 | 23.88% |
| 2005-09-30 | 24.72% |
| 2005-06-30 | 41.71% |
| 2005-03-31 | 34.50% |
| 2004-12-31 | 26.20% |
| 2004-09-30 | 43.14% |
| 2004-06-30 | 38.92% |
| 2004-03-31 | 33.80% |
| 2003-12-31 | 30.52% |
| 2003-09-30 | 40.63% |
| 2003-06-30 | -33.33% |
| 2003-03-31 | 26.67% |
| 2002-12-31 | 16.67% |
| 2002-09-30 | 28.57% |
