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 11.79% is 36% above its 5-year average of 8.65%, near the high end of its 5-year range (-188.71%–45.34%).
As of the fiscal period ended Tuesday, March 31, 2026. 159.57% above its 12-month average of -19.80%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
11.79%
TAX RATE AVG TTM
-19.80%
TAX RATE AVG 3Y
1.04%
TAX RATE AVG 5Y
22.47%
TAX RATE AVG 10Y
26.67%
TAX RATE AVG 15Y
28.48%
TAX RATE AVG 20Y
30.17%
CURRENT VS TTM AVG
+159.57%
CURRENT VS 3Y AVG
+1037.93%
CURRENT VS 5Y AVG
-47.51%
CURRENT VS 10Y AVG
-55.78%
CURRENT VS 15Y AVG
-58.59%
CURRENT VS 20Y AVG
-60.90%
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 | 11.79% |
| 2025-12-31 | 45.34% |
| 2025-09-30 | 13.88% |
| 2025-06-30 | -188.71% |
| 2025-03-31 | 18.69% |
| 2024-09-30 | 29.17% |
| 2024-03-31 | 29.14% |
| 2023-12-31 | -28.95% |
| 2023-09-30 | 21.16% |
| 2023-06-30 | 25.80% |
| 2023-03-31 | 34.07% |
| 2022-12-31 | 21.97% |
| 2022-09-30 | 23.77% |
| 2022-06-30 | 28.70% |
| 2022-03-31 | 30.53% |
| 2021-12-31 | -4.81% |
| 2021-09-30 | 27.76% |
| 2021-06-30 | 2.64% |
| 2021-03-31 | 22.36% |
| 2020-12-31 | 34.02% |
| 2020-09-30 | 26.57% |
| 2020-06-30 | 34.28% |
| 2020-03-31 | 30.72% |
| 2019-09-30 | 92.96% |
| 2019-06-30 | 27.48% |
| 2019-03-31 | 22.80% |
| 2018-12-31 | 27.54% |
| 2018-09-30 | 25.26% |
| 2018-06-30 | 29.87% |
| 2018-03-31 | 31.32% |
| 2017-12-31 | 60.37% |
| 2017-09-30 | 21.75% |
| 2017-06-30 | 28.72% |
| 2016-12-31 | 26.33% |
| 2016-09-30 | 41.40% |
| 2016-06-30 | 60.42% |
| 2015-12-31 | 12.10% |
| 2015-09-30 | 24.93% |
| 2015-06-30 | 29.36% |
| 2015-03-31 | 39.55% |
| 2014-12-31 | 27.92% |
| 2014-09-30 | 40.38% |
| 2014-06-30 | 34.94% |
| 2014-03-31 | 35.53% |
| 2013-12-31 | 23.53% |
| 2013-09-30 | 36.00% |
| 2013-06-30 | 34.41% |
| 2013-03-31 | 32.84% |
| 2012-12-31 | -7.32% |
| 2012-09-30 | -27.73% |
| 2012-06-30 | 23.47% |
| 2012-03-31 | -28.35% |
| 2011-12-31 | -56.52% |
| 2011-09-30 | 30.36% |
| 2011-06-30 | 33.72% |
| 2011-03-31 | 30.43% |
| 2010-12-31 | 43.16% |
| 2010-09-30 | 21.63% |
| 2010-06-30 | 39.43% |
| 2010-03-31 | -165.22% |
| 2009-12-31 | 34.13% |
| 2009-09-30 | 83.15% |
| 2009-06-30 | 24.91% |
| 2009-03-31 | 35.64% |
| 2008-12-31 | 27.73% |
| 2008-09-30 | 31.24% |
| 2008-06-30 | 31.90% |
| 2008-03-31 | 35.86% |
| 2007-12-31 | 33.49% |
| 2007-09-30 | 27.67% |
| 2007-06-30 | 38.57% |
| 2007-03-31 | 42.24% |
| 2006-09-30 | 123.01% |
| 2006-06-30 | 38.10% |
| 2006-03-31 | 52.94% |
| 2005-12-31 | 318.04% |
| 2005-09-30 | 37.13% |
| 2005-06-30 | 39.32% |
| 2005-03-31 | 42.12% |
| 2004-12-31 | 33.48% |
| 2004-09-30 | 38.35% |
| 2004-06-30 | 39.94% |
| 2004-03-31 | 44.63% |
| 2003-12-31 | 37.96% |
| 2003-09-30 | 41.97% |
| 2003-06-30 | 35.80% |
| 2003-03-31 | 39.32% |
| 2002-09-30 | 0.00% |
| 2002-06-30 | 30.20% |
