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 19.71% is 30% below its 5-year average of 28.13%, around the middle of its 5-year range (-24.19%–68.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.25% above its 12-month average of 18.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.71%
TAX RATE AVG TTM
18.73%
TAX RATE AVG 3Y
27.31%
TAX RATE AVG 5Y
28.81%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+5.25%
CURRENT VS 3Y AVG
-27.83%
CURRENT VS 5Y AVG
-31.60%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 19.71% |
| 2026-03-31 | 11.00% |
| 2025-12-31 | 20.88% |
| 2025-09-30 | 19.04% |
| 2025-06-30 | 23.01% |
| 2025-03-31 | 38.02% |
| 2024-12-31 | 40.05% |
| 2024-09-30 | 34.23% |
| 2024-06-30 | 32.72% |
| 2023-12-31 | -24.19% |
| 2023-09-30 | 35.46% |
| 2023-06-30 | 26.31% |
| 2023-03-31 | 42.65% |
| 2022-12-31 | 68.14% |
| 2022-09-30 | 32.48% |
| 2022-06-30 | 35.96% |
| 2022-03-31 | 58.33% |
| 2021-12-31 | -1.85% |
| 2021-09-30 | 38.85% |
| 2021-06-30 | 11.82% |
| 2021-03-31 | 23.98% |
| 2020-12-31 | 33.28% |
| 2018-12-31 | 21.09% |
| 2018-09-30 | 20.92% |
| 2018-06-30 | 21.27% |
