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 20.20% is 22% above its 5-year average of 16.59%, near the high end of its 5-year range (-5.06%–20.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.81% above its 12-month average of 19.65%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.20%
TAX RATE AVG TTM
19.65%
TAX RATE AVG 3Y
19.33%
TAX RATE AVG 5Y
17.72%
TAX RATE AVG 10Y
17.77%
TAX RATE AVG 15Y
20.49%
TAX RATE AVG 20Y
21.30%
CURRENT VS TTM AVG
+2.81%
CURRENT VS 3Y AVG
+4.51%
CURRENT VS 5Y AVG
+13.98%
CURRENT VS 10Y AVG
+13.67%
CURRENT VS 15Y AVG
-1.38%
CURRENT VS 20Y AVG
-5.16%
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 | 20.20% |
| 2026-03-31 | 19.25% |
| 2025-12-31 | 19.56% |
| 2025-09-30 | 19.45% |
| 2025-06-30 | 19.78% |
| 2025-03-31 | 15.60% |
| 2024-12-31 | 19.74% |
| 2024-09-30 | 19.23% |
| 2024-06-30 | 18.60% |
| 2024-03-31 | 18.03% |
| 2023-12-31 | 19.47% |
| 2023-09-30 | 14.41% |
| 2023-03-31 | -5.06% |
| 2022-12-31 | 17.02% |
| 2022-09-30 | 14.02% |
| 2022-06-30 | 16.13% |
| 2022-03-31 | 13.87% |
| 2021-12-31 | 19.21% |
| 2021-09-30 | 15.78% |
| 2021-06-30 | 17.42% |
| 2021-03-31 | 17.73% |
| 2020-12-31 | 18.94% |
| 2020-09-30 | 16.13% |
| 2020-03-31 | 16.67% |
| 2019-12-31 | 18.72% |
| 2019-09-30 | 8.33% |
| 2019-06-30 | 16.24% |
| 2019-03-31 | 17.68% |
| 2018-12-31 | 16.76% |
| 2018-09-30 | 12.03% |
| 2018-06-30 | 16.96% |
| 2018-03-31 | 14.01% |
| 2017-12-31 | 35.93% |
| 2017-09-30 | 8.44% |
| 2017-06-30 | 24.68% |
| 2017-03-31 | 18.82% |
| 2016-12-31 | 27.57% |
| 2016-09-30 | 24.39% |
| 2016-06-30 | 25.14% |
| 2016-03-31 | 24.65% |
| 2015-12-31 | 28.37% |
| 2015-09-30 | 29.00% |
| 2015-06-30 | 24.54% |
| 2015-03-31 | 27.44% |
| 2014-12-31 | 28.90% |
| 2014-09-30 | 26.95% |
| 2014-06-30 | 24.20% |
| 2014-03-31 | 28.44% |
| 2013-12-31 | 27.94% |
| 2013-09-30 | 26.59% |
| 2013-06-30 | 21.41% |
| 2013-03-31 | 26.56% |
| 2012-12-31 | 2.25% |
| 2012-09-30 | 26.15% |
| 2012-06-30 | 17.93% |
| 2012-03-31 | 25.16% |
| 2011-12-31 | 20.57% |
| 2011-09-30 | -0.30% |
| 2011-03-31 | 13.42% |
| 2010-12-31 | 25.31% |
| 2010-09-30 | 26.70% |
| 2010-06-30 | 23.95% |
| 2010-03-31 | 24.50% |
| 2009-12-31 | 28.33% |
| 2009-09-30 | 25.20% |
| 2009-06-30 | 21.36% |
| 2009-03-31 | 8.94% |
| 2008-12-31 | 13.59% |
| 2008-09-30 | -13.83% |
| 2008-06-30 | 26.81% |
| 2008-03-31 | 26.41% |
| 2007-12-31 | 26.23% |
| 2007-09-30 | 28.43% |
| 2007-06-30 | 23.58% |
| 2007-03-31 | 25.62% |
| 2006-12-31 | 25.17% |
| 2006-09-30 | 28.27% |
| 2006-06-30 | 27.83% |
| 2006-03-31 | 24.81% |
| 2005-12-31 | 9.64% |
| 2005-06-30 | 28.05% |
| 2005-03-31 | 26.18% |
| 2004-12-31 | 15.09% |
| 2004-09-30 | 13.19% |
| 2004-03-31 | 27.78% |
| 2003-09-30 | 23.53% |
| 2003-06-30 | 25.79% |
| 2003-03-31 | 22.05% |
| 2002-12-31 | -0.40% |
| 2002-09-30 | 27.37% |
