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 3.86% is in line with its 5-year average of 4.12%, near the high end of its 5-year range (-133.92%–23.08%).
As of the fiscal period ended Tuesday, March 31, 2026. 63.64% below its 12-month average of 10.61%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
3.86%
TAX RATE AVG TTM
10.61%
TAX RATE AVG 3Y
13.03%
TAX RATE AVG 5Y
13.17%
TAX RATE AVG 10Y
12.59%
TAX RATE AVG 15Y
14.59%
TAX RATE AVG 20Y
17.47%
CURRENT VS TTM AVG
-63.64%
CURRENT VS 3Y AVG
-70.40%
CURRENT VS 5Y AVG
-70.72%
CURRENT VS 10Y AVG
-69.36%
CURRENT VS 15Y AVG
-73.57%
CURRENT VS 20Y AVG
-77.93%
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 |
|---|---|
| 2026-03-31 | 3.86% |
| 2025-12-31 | 8.22% |
| 2025-09-30 | 11.28% |
| 2025-06-30 | 12.97% |
| 2025-03-31 | 16.72% |
| 2024-12-31 | -20.90% |
| 2024-06-30 | 17.20% |
| 2024-03-31 | 23.08% |
| 2023-12-31 | -133.92% |
| 2023-09-30 | 2.53% |
| 2023-06-30 | 14.87% |
| 2023-03-31 | 19.59% |
| 2022-12-31 | 18.15% |
| 2022-09-30 | 13.45% |
| 2022-06-30 | 20.00% |
| 2022-03-31 | 15.87% |
| 2021-12-31 | 7.43% |
| 2021-09-30 | 14.80% |
| 2021-06-30 | 5.01% |
| 2021-03-31 | 12.10% |
| 2020-12-31 | 15.54% |
| 2020-09-30 | 12.95% |
| 2020-06-30 | 13.60% |
| 2020-03-31 | 17.49% |
| 2019-12-31 | 39.63% |
| 2019-09-30 | 32.51% |
| 2019-06-30 | 11.97% |
| 2019-03-31 | -22.76% |
| 2018-12-31 | 6.01% |
| 2018-09-30 | 12.68% |
| 2018-06-30 | 16.45% |
| 2018-03-31 | 17.39% |
| 2017-12-31 | 149.48% |
| 2017-09-30 | -61.68% |
| 2017-06-30 | 3.80% |
| 2017-03-31 | 11.53% |
| 2016-12-31 | -4.68% |
| 2016-09-30 | 15.36% |
| 2016-06-30 | 12.55% |
| 2016-03-31 | 15.67% |
| 2015-12-31 | 20.82% |
| 2015-09-30 | -86.88% |
| 2015-03-31 | 7.18% |
| 2014-12-31 | -242.99% |
| 2014-09-30 | -42.93% |
| 2014-06-30 | 7.72% |
| 2014-03-31 | 12.50% |
| 2013-12-31 | -71.36% |
| 2013-03-31 | 9.18% |
| 2012-12-31 | 14.19% |
| 2012-09-30 | 42.67% |
| 2012-06-30 | 32.76% |
| 2012-03-31 | 25.92% |
| 2011-09-30 | 31.15% |
| 2011-06-30 | 22.39% |
| 2011-03-31 | 25.00% |
| 2010-12-31 | 18.99% |
| 2010-09-30 | 25.36% |
| 2010-06-30 | 13.95% |
| 2010-03-31 | 26.85% |
| 2009-12-31 | 37.74% |
| 2008-09-30 | 9.41% |
| 2008-06-30 | 26.12% |
| 2008-03-31 | 28.00% |
| 2007-12-31 | 26.60% |
| 2007-09-30 | 24.96% |
| 2007-06-30 | 34.36% |
| 2007-03-31 | 35.00% |
| 2006-12-31 | -122.53% |
| 2006-09-30 | 12.29% |
| 2006-06-30 | 9.75% |
| 2006-03-31 | 15.00% |
| 2005-12-31 | 27.68% |
| 2005-06-30 | 30.21% |
| 2005-03-31 | 41.88% |
| 2004-06-30 | 29.46% |
| 2004-03-31 | 20.00% |
