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 21.13% is 27% above its 5-year average of 16.67%, around the middle of its 5-year range (9.02%–48.04%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.52% above its 12-month average of 20.61%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.13%
TAX RATE AVG TTM
20.61%
TAX RATE AVG 3Y
18.21%
TAX RATE AVG 5Y
16.67%
TAX RATE AVG 10Y
15.59%
TAX RATE AVG 15Y
19.88%
TAX RATE AVG 20Y
21.36%
CURRENT VS TTM AVG
+2.52%
CURRENT VS 3Y AVG
+16.02%
CURRENT VS 5Y AVG
+26.71%
CURRENT VS 10Y AVG
+35.56%
CURRENT VS 15Y AVG
+6.28%
CURRENT VS 20Y AVG
-1.06%
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 | 21.13% |
| 2026-03-31 | 18.08% |
| 2025-12-31 | 18.47% |
| 2025-09-30 | 20.20% |
| 2025-06-30 | 25.17% |
| 2025-03-31 | 19.96% |
| 2024-12-31 | 9.02% |
| 2024-09-30 | 17.53% |
| 2024-06-30 | 13.01% |
| 2024-03-31 | 17.11% |
| 2023-12-31 | 11.46% |
| 2023-06-30 | 48.04% |
| 2023-03-31 | 20.20% |
| 2022-09-30 | 12.30% |
| 2022-06-30 | 13.72% |
| 2022-03-31 | 44.67% |
| 2021-12-31 | 19.36% |
| 2021-09-30 | 14.17% |
| 2021-06-30 | 12.60% |
| 2020-12-31 | 8.61% |
| 2020-09-30 | 15.81% |
| 2020-06-30 | 3.62% |
| 2020-03-31 | -14.63% |
| 2019-12-31 | 2.16% |
| 2019-09-30 | 24.62% |
| 2019-06-30 | 15.07% |
| 2019-03-31 | 17.08% |
| 2018-12-31 | 5.02% |
| 2018-09-30 | 10.45% |
| 2018-06-30 | 14.50% |
| 2018-03-31 | 12.23% |
| 2017-09-30 | 21.27% |
| 2017-06-30 | 28.73% |
| 2017-03-31 | 20.53% |
| 2016-06-30 | 38.11% |
| 2016-03-31 | 16.51% |
| 2015-09-30 | 32.13% |
| 2015-06-30 | 33.60% |
| 2015-03-31 | 30.62% |
| 2014-12-31 | 28.14% |
| 2014-09-30 | 32.08% |
| 2014-06-30 | 25.90% |
| 2014-03-31 | 31.13% |
| 2013-12-31 | 30.36% |
| 2013-09-30 | 26.24% |
| 2013-06-30 | 19.37% |
| 2013-03-31 | 18.95% |
| 2012-12-31 | 25.32% |
| 2012-09-30 | 24.59% |
| 2012-06-30 | 21.41% |
| 2012-03-31 | 24.34% |
| 2011-12-31 | 22.57% |
| 2011-09-30 | 23.31% |
| 2011-06-30 | 26.03% |
| 2011-03-31 | 28.08% |
| 2010-12-31 | 22.93% |
| 2010-09-30 | 22.22% |
| 2010-06-30 | 17.02% |
| 2010-03-31 | 23.22% |
| 2009-12-31 | 13.99% |
| 2009-09-30 | 22.53% |
| 2009-06-30 | 22.88% |
| 2009-03-31 | 23.92% |
| 2008-12-31 | 18.99% |
| 2008-09-30 | 24.85% |
| 2008-06-30 | 28.05% |
| 2008-03-31 | 35.98% |
| 2007-12-31 | 23.07% |
| 2007-09-30 | 29.28% |
| 2007-06-30 | 30.26% |
| 2007-03-31 | 33.14% |
| 2006-12-31 | 32.25% |
| 2006-09-30 | 26.61% |
| 2006-06-30 | 23.16% |
| 2006-03-31 | 40.85% |
| 2005-12-31 | 29.10% |
| 2005-09-30 | 31.98% |
| 2005-06-30 | 36.82% |
| 2005-03-31 | 39.05% |
| 2004-12-31 | 40.68% |
| 2004-09-30 | 37.55% |
| 2004-06-30 | 25.00% |
| 2004-03-31 | 37.07% |
| 2003-12-31 | 35.78% |
| 2003-09-30 | 45.15% |
| 2003-06-30 | 38.52% |
