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 25.16% is in line with its 5-year average of 23.49%, near the high end of its 5-year range (-84.28%–25.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.58% above its 12-month average of 23.61%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.16%
TAX RATE AVG TTM
23.61%
TAX RATE AVG 3Y
23.54%
TAX RATE AVG 5Y
23.49%
TAX RATE AVG 10Y
23.76%
TAX RATE AVG 15Y
28.38%
TAX RATE AVG 20Y
30.19%
CURRENT VS TTM AVG
+6.58%
CURRENT VS 3Y AVG
+6.89%
CURRENT VS 5Y AVG
+7.10%
CURRENT VS 10Y AVG
+5.90%
CURRENT VS 15Y AVG
-11.34%
CURRENT VS 20Y AVG
-16.65%
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 | 25.16% |
| 2026-03-31 | 24.90% |
| 2025-12-31 | 20.19% |
| 2025-09-30 | 23.07% |
| 2025-06-30 | 24.72% |
| 2025-03-31 | 23.06% |
| 2024-12-31 | 22.35% |
| 2024-09-30 | 22.89% |
| 2024-06-30 | 22.37% |
| 2024-03-31 | 24.35% |
| 2023-12-31 | 23.80% |
| 2023-09-30 | 24.76% |
| 2023-06-30 | 24.40% |
| 2023-03-31 | 24.54% |
| 2022-12-31 | 23.35% |
| 2022-09-30 | -12.64% |
| 2022-03-31 | 23.42% |
| 2021-12-31 | -84.28% |
| 2021-09-30 | -0.44% |
| 2021-06-30 | 22.07% |
| 2021-03-31 | 20.87% |
| 2020-12-31 | 8.65% |
| 2020-09-30 | 24.52% |
| 2020-03-31 | 24.34% |
| 2019-12-31 | 22.18% |
| 2019-09-30 | 27.20% |
| 2019-06-30 | 24.27% |
| 2019-03-31 | 24.52% |
| 2018-12-31 | 23.63% |
| 2018-09-30 | 29.65% |
| 2018-06-30 | 26.78% |
| 2018-03-31 | 23.84% |
| 2017-12-31 | -279.13% |
| 2017-09-30 | 39.29% |
| 2017-06-30 | 37.79% |
| 2017-03-31 | -14.99% |
| 2016-12-31 | 35.64% |
| 2016-09-30 | 38.80% |
| 2016-06-30 | 39.52% |
| 2016-03-31 | 36.22% |
| 2015-12-31 | 38.25% |
| 2015-09-30 | 42.02% |
| 2015-06-30 | 0.55% |
| 2014-12-31 | 49.50% |
| 2014-06-30 | 42.25% |
| 2013-09-30 | 700.00% |
| 2013-06-30 | 420.00% |
| 2013-03-31 | 40.22% |
| 2012-12-31 | 44.55% |
| 2012-09-30 | 4.31% |
| 2012-06-30 | 55.55% |
| 2012-03-31 | 26.72% |
| 2011-12-31 | 38.22% |
| 2011-09-30 | 35.78% |
| 2011-06-30 | 37.27% |
| 2011-03-31 | 37.04% |
| 2010-12-31 | 10.02% |
| 2010-09-30 | 38.98% |
| 2010-06-30 | 39.83% |
| 2010-03-31 | 39.98% |
| 2009-12-31 | 43.55% |
| 2009-09-30 | 16.33% |
| 2009-06-30 | 41.51% |
| 2009-03-31 | 39.19% |
| 2008-12-31 | 69.44% |
| 2008-09-30 | 43.61% |
| 2008-06-30 | 41.29% |
| 2008-03-31 | 40.29% |
| 2007-09-30 | 38.69% |
| 2007-06-30 | 40.19% |
| 2007-03-31 | 40.03% |
| 2006-09-30 | 39.99% |
| 2006-06-30 | 40.07% |
