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 21.54% is in line with its 5-year average of 22.71%, around the middle of its 5-year range (18.30%–28.32%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.13% below its 12-month average of 21.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.54%
TAX RATE AVG TTM
21.79%
TAX RATE AVG 3Y
22.48%
TAX RATE AVG 5Y
22.71%
TAX RATE AVG 10Y
22.19%
TAX RATE AVG 15Y
17.54%
TAX RATE AVG 20Y
17.96%
CURRENT VS TTM AVG
-1.13%
CURRENT VS 3Y AVG
-4.18%
CURRENT VS 5Y AVG
-5.14%
CURRENT VS 10Y AVG
-2.94%
CURRENT VS 15Y AVG
+22.84%
CURRENT VS 20Y AVG
+19.96%
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 | 21.54% |
| 2026-03-31 | 19.77% |
| 2025-12-31 | 21.21% |
| 2025-09-30 | 24.38% |
| 2025-06-30 | 22.04% |
| 2025-03-31 | 19.04% |
| 2024-12-31 | 24.66% |
| 2024-09-30 | 24.96% |
| 2024-06-30 | 23.92% |
| 2023-12-31 | 22.31% |
| 2023-09-30 | 23.43% |
| 2023-06-30 | 22.49% |
| 2022-12-31 | 25.40% |
| 2022-09-30 | 18.30% |
| 2022-06-30 | 28.32% |
| 2021-09-30 | 21.56% |
| 2019-12-31 | 24.05% |
| 2019-09-30 | 24.09% |
| 2019-06-30 | 22.30% |
| 2019-03-31 | 20.44% |
| 2018-12-31 | 16.91% |
| 2018-09-30 | 21.21% |
| 2018-06-30 | 20.19% |
| 2018-03-31 | 20.11% |
| 2017-12-31 | 3.33% |
| 2017-09-30 | 35.00% |
| 2017-06-30 | 35.79% |
| 2017-03-31 | 33.79% |
| 2016-12-31 | 55.09% |
| 2016-09-30 | 36.09% |
| 2016-06-30 | 36.84% |
| 2016-03-31 | 36.64% |
| 2015-12-31 | 9.06% |
| 2015-09-30 | -199.88% |
| 2015-06-30 | 0.33% |
| 2015-03-31 | 0.59% |
| 2014-12-31 | -21.74% |
| 2014-09-30 | -0.43% |
| 2014-06-30 | 0.25% |
| 2013-12-31 | -25.00% |
| 2013-09-30 | 0.79% |
| 2013-06-30 | 0.42% |
| 2012-09-30 | 60.00% |
| 2012-06-30 | 0.29% |
| 2011-09-30 | 1.06% |
| 2011-06-30 | 0.74% |
| 2010-09-30 | -0.26% |
| 2010-06-30 | -0.74% |
| 2009-06-30 | -100.00% |
| 2007-10-08 | 40.99% |
| 2007-06-30 | 41.20% |
| 2006-12-31 | -0.17% |
| 2006-09-30 | 23.69% |
| 2006-06-30 | -2.59% |
| 2006-03-31 | -0.02% |
