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 20.97% is 19% above its 5-year average of 17.60%, near the high end of its 5-year range (10.51%–23.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 22.97% above its 12-month average of 17.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.97%
TAX RATE AVG TTM
17.06%
TAX RATE AVG 3Y
16.17%
TAX RATE AVG 5Y
17.60%
TAX RATE AVG 10Y
15.29%
TAX RATE AVG 15Y
14.15%
TAX RATE AVG 20Y
14.15%
CURRENT VS TTM AVG
+22.97%
CURRENT VS 3Y AVG
+29.71%
CURRENT VS 5Y AVG
+19.19%
CURRENT VS 10Y AVG
+37.19%
CURRENT VS 15Y AVG
+48.23%
CURRENT VS 20Y AVG
+48.23%
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 | 20.97% |
| 2026-03-31 | 17.68% |
| 2025-12-31 | 10.51% |
| 2025-09-30 | 16.62% |
| 2025-06-30 | 19.49% |
| 2025-03-31 | 11.51% |
| 2024-12-31 | 19.67% |
| 2024-09-30 | 14.60% |
| 2024-03-31 | 14.03% |
| 2023-12-31 | 15.58% |
| 2023-09-30 | 12.20% |
| 2023-06-30 | 21.16% |
| 2023-03-31 | 21.50% |
| 2022-12-31 | 23.95% |
| 2022-09-30 | 20.90% |
| 2022-06-30 | 20.88% |
| 2022-03-31 | 20.18% |
| 2021-12-31 | 11.57% |
| 2021-09-30 | 21.32% |
| 2021-03-31 | 20.44% |
| 2020-12-31 | 32.01% |
| 2020-09-30 | 10.52% |
| 2020-06-30 | -1.52% |
| 2020-03-31 | 8.33% |
| 2019-12-31 | 13.84% |
| 2019-09-30 | 18.61% |
| 2019-06-30 | 18.25% |
| 2019-03-31 | 16.10% |
| 2018-09-30 | 5.90% |
| 2018-06-30 | 4.77% |
| 2018-03-31 | -5.90% |
| 2017-12-31 | 9.12% |
| 2017-06-30 | 12.21% |
| 2017-03-31 | 1.57% |
| 2016-12-31 | -36.70% |
| 2012-03-31 | 0.04% |
| 2011-12-31 | 10.75% |
| 2011-09-30 | -13.88% |
| 2005-12-31 | 10.97% |
| 2003-12-31 | -60.07% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | -128.80% |
