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 20.99% is 21% below its 5-year average of 26.69%, near the low end of its 5-year range (12.76%–43.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.53% below its 12-month average of 21.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.99%
TAX RATE AVG TTM
21.75%
TAX RATE AVG 3Y
24.27%
TAX RATE AVG 5Y
26.69%
TAX RATE AVG 10Y
26.21%
TAX RATE AVG 15Y
27.03%
TAX RATE AVG 20Y
28.95%
CURRENT VS TTM AVG
-3.53%
CURRENT VS 3Y AVG
-13.52%
CURRENT VS 5Y AVG
-21.37%
CURRENT VS 10Y AVG
-19.93%
CURRENT VS 15Y AVG
-22.36%
CURRENT VS 20Y AVG
-27.51%
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 | 20.99% |
| 2026-03-31 | 12.76% |
| 2025-12-31 | 24.04% |
| 2025-09-30 | 20.64% |
| 2025-06-30 | 30.34% |
| 2025-03-31 | 27.84% |
| 2024-12-31 | 17.95% |
| 2024-09-30 | 41.64% |
| 2024-06-30 | 27.16% |
| 2024-03-31 | 35.34% |
| 2023-12-31 | 24.59% |
| 2023-09-30 | 26.67% |
| 2023-06-30 | 22.88% |
| 2023-03-31 | 33.85% |
| 2022-12-31 | 28.06% |
| 2022-09-30 | 43.23% |
| 2022-06-30 | 25.79% |
| 2022-03-31 | 34.83% |
| 2021-12-31 | 25.12% |
| 2021-09-30 | 28.00% |
| 2021-06-30 | 26.30% |
| 2021-03-31 | 26.23% |
| 2020-12-31 | 23.98% |
| 2020-09-30 | 21.10% |
| 2020-06-30 | -26.40% |
| 2019-12-31 | 25.82% |
| 2019-09-30 | 26.85% |
| 2019-06-30 | 26.24% |
| 2019-03-31 | 27.10% |
| 2018-12-31 | 2.94% |
| 2018-09-30 | 27.04% |
| 2018-06-30 | 26.46% |
| 2018-03-31 | 31.03% |
| 2017-12-31 | -10.97% |
| 2017-09-30 | 28.18% |
| 2017-06-30 | 22.69% |
| 2017-03-31 | 19.42% |
| 2016-12-31 | 25.15% |
| 2016-09-30 | 28.92% |
| 2016-06-30 | 24.49% |
| 2016-03-31 | 23.90% |
| 2015-12-31 | 24.94% |
| 2015-09-30 | 27.89% |
| 2015-06-30 | 28.32% |
| 2015-03-31 | 17.45% |
| 2014-12-31 | 31.79% |
| 2014-09-30 | 29.28% |
| 2014-06-30 | 29.64% |
| 2014-03-31 | 25.13% |
| 2013-12-31 | 27.04% |
| 2013-09-30 | 32.99% |
| 2013-06-30 | 25.81% |
| 2013-03-31 | 32.90% |
| 2012-12-31 | 35.55% |
| 2012-09-30 | 33.79% |
| 2012-06-30 | 33.89% |
| 2012-03-31 | 46.26% |
| 2011-12-31 | 59.99% |
| 2011-09-30 | 12.64% |
| 2010-12-31 | 37.21% |
| 2010-09-30 | -203.38% |
| 2010-06-30 | 36.77% |
| 2009-12-31 | 40.85% |
| 2009-09-30 | -34.61% |
| 2008-09-30 | 36.21% |
| 2008-06-30 | 31.87% |
| 2008-03-31 | 29.93% |
| 2007-12-31 | 35.36% |
| 2007-09-30 | 32.78% |
| 2007-06-30 | 38.22% |
| 2007-03-31 | 31.38% |
| 2006-12-31 | 36.02% |
| 2006-09-30 | 35.78% |
| 2006-06-30 | 38.27% |
| 2006-03-31 | 34.16% |
| 2005-12-31 | 39.48% |
| 2005-09-30 | 33.09% |
| 2005-06-30 | 39.59% |
| 2005-03-31 | 31.04% |
| 2004-12-31 | 36.84% |
| 2004-09-30 | 34.70% |
| 2004-06-30 | 41.38% |
| 2004-03-31 | 36.82% |
| 2003-12-31 | 36.79% |
| 2003-09-30 | 37.15% |
| 2003-06-30 | 41.32% |
| 2003-03-31 | 36.49% |
| 2002-12-31 | 42.15% |
| 2002-09-30 | 41.08% |
