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 25.22% is in line with its 5-year average of 24.56%, around the middle of its 5-year range (18.91%–28.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.24% above its 12-month average of 25.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.22%
TAX RATE AVG TTM
25.16%
TAX RATE AVG 3Y
24.80%
TAX RATE AVG 5Y
24.56%
TAX RATE AVG 10Y
24.43%
TAX RATE AVG 15Y
28.99%
TAX RATE AVG 20Y
30.59%
CURRENT VS TTM AVG
+0.24%
CURRENT VS 3Y AVG
+1.72%
CURRENT VS 5Y AVG
+2.70%
CURRENT VS 10Y AVG
+3.23%
CURRENT VS 15Y AVG
-13.01%
CURRENT VS 20Y AVG
-17.55%
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 | 25.22% |
| 2026-03-31 | 24.25% |
| 2025-12-31 | 25.29% |
| 2025-09-30 | 25.19% |
| 2025-06-30 | 25.86% |
| 2025-03-31 | 24.71% |
| 2024-12-31 | 24.20% |
| 2024-09-30 | 25.40% |
| 2024-06-30 | 23.83% |
| 2024-03-31 | 22.01% |
| 2023-12-31 | 24.72% |
| 2023-09-30 | 25.45% |
| 2023-06-30 | 23.45% |
| 2023-03-31 | 24.07% |
| 2022-12-31 | 28.60% |
| 2022-09-30 | 25.74% |
| 2022-06-30 | 18.91% |
| 2022-03-31 | 24.02% |
| 2021-12-31 | 25.31% |
| 2021-09-30 | 25.64% |
| 2021-06-30 | 22.28% |
| 2021-03-31 | 26.18% |
| 2020-12-31 | 23.26% |
| 2020-09-30 | 24.36% |
| 2020-06-30 | 15.54% |
| 2020-03-31 | 23.45% |
| 2019-12-31 | 21.94% |
| 2019-09-30 | 23.33% |
| 2019-06-30 | 23.08% |
| 2019-03-31 | 20.45% |
| 2018-12-31 | 27.06% |
| 2018-09-30 | 27.61% |
| 2018-06-30 | 24.79% |
| 2018-03-31 | 21.12% |
| 2017-12-31 | -166.96% |
| 2017-09-30 | 38.20% |
| 2017-06-30 | 38.43% |
| 2017-03-31 | 32.30% |
| 2016-12-31 | 36.78% |
| 2016-09-30 | 38.28% |
| 2016-06-30 | 38.25% |
| 2016-03-31 | 37.41% |
| 2015-12-31 | 42.12% |
| 2015-09-30 | 36.76% |
| 2015-06-30 | 42.28% |
| 2015-03-31 | 36.81% |
| 2014-12-31 | 37.62% |
| 2014-09-30 | 36.63% |
| 2014-06-30 | 33.80% |
| 2014-03-31 | 36.17% |
| 2013-12-31 | 38.05% |
| 2013-09-30 | 34.40% |
| 2013-06-30 | 36.64% |
| 2013-03-31 | 30.00% |
| 2012-12-31 | -5.13% |
| 2012-09-30 | 22.34% |
| 2012-03-31 | 31.58% |
| 2011-12-31 | 50.00% |
| 2011-09-30 | 32.29% |
| 2011-06-30 | 28.21% |
| 2010-09-30 | 39.47% |
| 2010-06-30 | -300.00% |
| 2009-09-30 | 100.00% |
| 2008-09-30 | 36.75% |
| 2008-06-30 | 51.32% |
| 2008-03-31 | 35.59% |
| 2007-12-31 | 36.25% |
| 2007-09-30 | 35.47% |
| 2007-06-30 | 42.24% |
| 2007-03-31 | 36.00% |
| 2006-12-31 | 36.07% |
| 2006-09-30 | 38.31% |
| 2006-06-30 | 41.67% |
| 2006-03-31 | 39.39% |
| 2005-12-31 | 40.96% |
| 2005-09-30 | 39.68% |
| 2005-06-30 | 39.02% |
| 2005-03-31 | 36.84% |
| 2004-12-31 | 34.60% |
| 2004-06-30 | 38.27% |
| 2003-09-30 | 43.65% |
| 2003-06-30 | 38.53% |
| 2002-09-30 | 38.96% |
