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 36.55% is 10% below its 5-year average of 40.76%, near the low end of its 5-year range (33.64%–63.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.02% below its 12-month average of 39.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
36.55%
TAX RATE AVG TTM
39.31%
TAX RATE AVG 3Y
38.83%
TAX RATE AVG 5Y
40.76%
TAX RATE AVG 10Y
39.09%
TAX RATE AVG 15Y
41.28%
TAX RATE AVG 20Y
44.57%
CURRENT VS TTM AVG
-7.02%
CURRENT VS 3Y AVG
-5.87%
CURRENT VS 5Y AVG
-10.33%
CURRENT VS 10Y AVG
-6.49%
CURRENT VS 15Y AVG
-11.45%
CURRENT VS 20Y AVG
-17.99%
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 | 36.55% |
| 2026-03-31 | 38.97% |
| 2025-12-31 | 38.46% |
| 2025-09-30 | 39.18% |
| 2025-06-30 | 43.40% |
| 2025-03-31 | 41.07% |
| 2024-12-31 | 42.16% |
| 2024-09-30 | 48.00% |
| 2024-06-30 | 41.46% |
| 2024-03-31 | 33.64% |
| 2023-12-31 | 39.86% |
| 2023-09-30 | 33.72% |
| 2023-06-30 | 37.46% |
| 2023-03-31 | 41.96% |
| 2022-12-31 | 63.85% |
| 2022-09-30 | 47.38% |
| 2022-06-30 | 47.66% |
| 2022-03-31 | 48.75% |
| 2021-12-31 | 38.19% |
| 2021-09-30 | 36.16% |
| 2021-06-30 | 41.17% |
| 2021-03-31 | 32.45% |
| 2020-12-31 | 14.16% |
| 2020-09-30 | 79.22% |
| 2019-12-31 | 24.34% |
| 2019-09-30 | 35.12% |
| 2019-06-30 | 35.91% |
| 2019-03-31 | 37.81% |
| 2018-12-31 | 33.45% |
| 2018-09-30 | 35.40% |
| 2018-06-30 | 36.48% |
| 2018-03-31 | 37.60% |
| 2017-12-31 | 51.40% |
| 2017-09-30 | 28.33% |
| 2017-06-30 | 18.89% |
| 2017-03-31 | 19.96% |
| 2016-12-31 | 47.29% |
| 2016-09-30 | 11.25% |
| 2016-06-30 | 13.48% |
| 2016-03-31 | -3.05% |
| 2015-09-30 | 30.21% |
| 2015-06-30 | 34.53% |
| 2015-03-31 | 28.18% |
| 2014-09-30 | 44.57% |
| 2014-06-30 | 48.12% |
| 2014-03-31 | 51.15% |
| 2013-12-31 | 61.72% |
| 2013-09-30 | 50.30% |
| 2013-06-30 | 48.61% |
| 2013-03-31 | 66.36% |
| 2012-12-31 | 51.82% |
| 2012-09-30 | 52.59% |
| 2012-06-30 | 63.33% |
| 2012-03-31 | 53.95% |
| 2011-12-31 | 57.80% |
| 2011-09-30 | 50.74% |
| 2011-06-30 | 53.95% |
| 2011-03-31 | 50.21% |
| 2010-12-31 | 54.81% |
| 2010-09-30 | 45.72% |
| 2010-06-30 | 47.09% |
| 2010-03-31 | 48.56% |
| 2009-12-31 | 47.04% |
| 2009-09-30 | 49.38% |
| 2009-06-30 | 45.78% |
| 2009-03-31 | 45.01% |
| 2008-12-31 | 331.86% |
| 2008-09-30 | 56.17% |
| 2008-06-30 | 50.29% |
| 2008-03-31 | 53.24% |
| 2007-12-31 | 52.54% |
| 2007-09-30 | 50.51% |
| 2007-06-30 | 48.50% |
| 2007-03-31 | 53.66% |
| 2006-12-31 | 56.82% |
| 2006-09-30 | 57.29% |
| 2006-06-30 | 50.43% |
| 2006-03-31 | 50.92% |
| 2005-12-31 | 48.02% |
| 2005-09-30 | 50.85% |
| 2005-06-30 | 49.37% |
| 2005-03-31 | 47.47% |
| 2004-12-31 | 43.63% |
| 2004-09-30 | 48.81% |
| 2004-06-30 | 47.35% |
| 2004-03-31 | 46.17% |
| 2003-12-31 | 42.85% |
| 2003-09-30 | 43.51% |
| 2003-06-30 | 43.86% |
| 2003-03-31 | 42.96% |
