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 17.42% is 23% above its 5-year average of 14.16%, near the high end of its 5-year range (-5.08%–21.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.52% above its 12-month average of 15.91%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.42%
TAX RATE AVG TTM
15.91%
TAX RATE AVG 3Y
15.66%
TAX RATE AVG 5Y
16.84%
TAX RATE AVG 10Y
18.85%
TAX RATE AVG 15Y
21.97%
TAX RATE AVG 20Y
24.23%
CURRENT VS TTM AVG
+9.52%
CURRENT VS 3Y AVG
+11.23%
CURRENT VS 5Y AVG
+3.44%
CURRENT VS 10Y AVG
-7.57%
CURRENT VS 15Y AVG
-20.71%
CURRENT VS 20Y AVG
-28.10%
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 | 17.42% |
| 2026-03-31 | 12.17% |
| 2025-12-31 | 16.90% |
| 2025-09-30 | 18.82% |
| 2025-06-30 | 14.23% |
| 2025-03-31 | 9.80% |
| 2024-12-31 | 2.23% |
| 2024-09-30 | 17.07% |
| 2024-06-30 | 20.31% |
| 2024-03-31 | 17.25% |
| 2023-12-31 | -2.93% |
| 2023-09-30 | 12.39% |
| 2023-06-30 | 15.94% |
| 2023-03-31 | 16.52% |
| 2022-12-31 | -5.08% |
| 2022-09-30 | 20.38% |
| 2022-06-30 | 17.29% |
| 2022-03-31 | 15.99% |
| 2021-12-31 | 21.10% |
| 2021-09-30 | 21.96% |
| 2021-06-30 | 17.65% |
| 2021-03-31 | 16.12% |
| 2020-12-31 | 3.27% |
| 2020-09-30 | -2.50% |
| 2020-03-31 | 23.95% |
| 2019-12-31 | 18.82% |
| 2019-09-30 | 21.32% |
| 2019-06-30 | 16.95% |
| 2019-03-31 | 12.87% |
| 2018-12-31 | 13.57% |
| 2018-09-30 | 19.90% |
| 2018-06-30 | 25.42% |
| 2018-03-31 | 20.50% |
| 2017-12-31 | -32.41% |
| 2017-09-30 | 32.16% |
| 2017-06-30 | 27.58% |
| 2017-03-31 | 27.14% |
| 2016-12-31 | 29.86% |
| 2016-09-30 | 31.51% |
| 2016-06-30 | 32.22% |
| 2016-03-31 | 31.77% |
| 2015-12-31 | 31.06% |
| 2015-09-30 | 31.80% |
| 2015-06-30 | 32.32% |
| 2015-03-31 | 27.92% |
| 2014-12-31 | 30.31% |
| 2014-09-30 | 30.73% |
| 2014-06-30 | 33.15% |
| 2014-03-31 | 27.26% |
| 2013-12-31 | 30.47% |
| 2013-09-30 | 31.54% |
| 2013-06-30 | 33.80% |
| 2013-03-31 | 31.68% |
| 2012-12-31 | 26.64% |
| 2012-09-30 | 33.02% |
| 2012-06-30 | 33.43% |
| 2012-03-31 | 35.02% |
| 2011-12-31 | 30.94% |
| 2011-09-30 | 32.54% |
| 2011-06-30 | 32.95% |
| 2011-03-31 | 29.19% |
| 2010-12-31 | 32.37% |
| 2010-09-30 | 33.83% |
| 2010-06-30 | 32.50% |
| 2010-03-31 | 35.02% |
| 2009-12-31 | 23.95% |
| 2009-09-30 | 29.01% |
| 2009-06-30 | 31.22% |
| 2009-03-31 | 33.44% |
| 2008-09-30 | 30.66% |
| 2008-06-30 | 32.04% |
| 2008-03-31 | 34.72% |
| 2007-12-31 | 17.86% |
| 2007-09-30 | 34.02% |
| 2007-06-30 | 33.83% |
| 2007-03-31 | 29.88% |
| 2006-12-31 | 33.42% |
| 2006-09-30 | 32.28% |
| 2006-06-30 | 34.33% |
| 2006-03-31 | 33.79% |
| 2005-12-31 | 33.59% |
| 2005-09-30 | 33.57% |
| 2005-06-30 | 33.15% |
| 2005-03-31 | 34.00% |
| 2004-12-31 | 34.66% |
| 2004-09-30 | 35.02% |
| 2004-06-30 | 34.90% |
| 2004-03-31 | 34.89% |
| 2003-12-31 | 34.49% |
| 2003-09-30 | 33.06% |
| 2003-06-30 | 35.13% |
| 2003-03-31 | 35.52% |
| 2002-12-31 | 35.56% |
| 2002-09-30 | 35.48% |
