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 18.05% is 22% above its 5-year average of 14.78%, near the high end of its 5-year range (9.98%–19.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.94% above its 12-month average of 16.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.05%
TAX RATE AVG TTM
16.57%
TAX RATE AVG 3Y
16.28%
TAX RATE AVG 5Y
14.78%
TAX RATE AVG 10Y
13.75%
TAX RATE AVG 15Y
13.15%
TAX RATE AVG 20Y
11.63%
CURRENT VS TTM AVG
+8.94%
CURRENT VS 3Y AVG
+10.86%
CURRENT VS 5Y AVG
+22.11%
CURRENT VS 10Y AVG
+31.24%
CURRENT VS 15Y AVG
+37.22%
CURRENT VS 20Y AVG
+55.13%
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 | 18.05% |
| 2026-03-31 | 16.72% |
| 2025-12-31 | 14.68% |
| 2025-09-30 | 14.01% |
| 2025-06-30 | 19.38% |
| 2025-03-31 | 16.28% |
| 2024-12-31 | 19.88% |
| 2024-09-30 | 15.38% |
| 2024-06-30 | 19.15% |
| 2024-03-31 | 15.50% |
| 2023-12-31 | 14.36% |
| 2023-09-30 | 12.87% |
| 2023-06-30 | 15.35% |
| 2023-03-31 | 15.28% |
| 2022-12-31 | 18.62% |
| 2022-09-30 | 11.28% |
| 2022-06-30 | 10.83% |
| 2022-03-31 | 10.56% |
| 2021-12-31 | 12.21% |
| 2021-09-30 | 9.99% |
| 2021-06-30 | 9.98% |
| 2021-03-31 | 9.88% |
| 2020-12-31 | 15.77% |
| 2020-09-30 | 11.44% |
| 2020-06-30 | 11.37% |
| 2020-03-31 | 11.41% |
| 2019-12-31 | 9.86% |
| 2019-09-30 | 10.00% |
| 2019-06-30 | 17.10% |
| 2019-03-31 | 9.97% |
| 2018-12-31 | 9.97% |
| 2018-09-30 | 9.91% |
| 2018-06-30 | 17.46% |
| 2018-03-31 | 10.16% |
| 2017-12-31 | 9.40% |
| 2017-09-30 | 10.51% |
| 2017-06-30 | 23.05% |
| 2017-03-31 | 10.43% |
| 2016-12-31 | 12.79% |
| 2016-09-30 | 10.59% |
| 2016-06-30 | 22.35% |
| 2016-03-31 | 10.33% |
| 2015-12-31 | 14.34% |
| 2015-09-30 | 9.69% |
| 2015-06-30 | 19.08% |
| 2015-03-31 | 10.51% |
| 2014-12-31 | 21.19% |
| 2014-09-30 | 10.63% |
| 2014-06-30 | 19.49% |
| 2014-03-31 | 10.24% |
| 2013-12-31 | 20.12% |
| 2013-09-30 | 12.49% |
| 2013-06-30 | 13.75% |
| 2013-03-31 | 13.58% |
| 2012-12-31 | 10.30% |
| 2012-09-30 | 8.07% |
| 2012-06-30 | 9.05% |
| 2012-03-31 | 6.42% |
| 2011-12-31 | 6.12% |
| 2011-09-30 | 5.37% |
| 2011-06-30 | 7.75% |
| 2011-03-31 | 9.64% |
| 2010-12-31 | 4.70% |
| 2010-09-30 | 5.14% |
| 2010-06-30 | 4.58% |
| 2010-03-31 | 4.19% |
| 2009-12-31 | 7.09% |
| 2009-09-30 | 6.93% |
| 2009-06-30 | 7.36% |
| 2009-03-31 | -98.76% |
| 2008-12-31 | 3.72% |
| 2008-09-30 | 10.70% |
| 2008-06-30 | 10.65% |
| 2008-03-31 | 10.57% |
| 2007-12-31 | 12.33% |
| 2007-09-30 | 10.58% |
| 2007-06-30 | 8.36% |
| 2007-03-31 | 5.41% |
| 2006-12-31 | 5.40% |
| 2006-09-30 | 6.21% |
| 2006-06-30 | 6.29% |
| 2006-03-31 | 5.63% |
| 2005-12-31 | 5.29% |
| 2005-09-30 | -0.27% |
| 2005-06-30 | -3.73% |
| 2005-03-31 | -3.26% |
| 2004-12-31 | 0.43% |
| 2004-09-30 | 0.74% |
| 2004-06-30 | -1.55% |
| 2004-03-31 | -1.55% |
| 2003-12-31 | 12.03% |
| 2003-09-30 | 9.22% |
| 2003-06-30 | 9.69% |
| 2003-03-31 | -4.17% |
