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 21.25% is 23% above its 5-year average of 17.23%, near the high end of its 5-year range (-154.17%–25.97%).
As of the fiscal period ended Tuesday, March 31, 2026. 29.06% above its 12-month average of 16.46%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.25%
TAX RATE AVG TTM
16.46%
TAX RATE AVG 3Y
17.54%
TAX RATE AVG 5Y
17.23%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+29.06%
CURRENT VS 3Y AVG
+21.16%
CURRENT VS 5Y AVG
+23.36%
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 |
|---|---|
| 2026-03-31 | 21.25% |
| 2025-12-31 | 17.80% |
| 2025-09-30 | 16.25% |
| 2025-06-30 | 11.56% |
| 2025-03-31 | 15.46% |
| 2024-12-31 | 18.62% |
| 2024-09-30 | 9.93% |
| 2024-06-30 | 20.36% |
| 2024-03-31 | 25.97% |
| 2023-12-31 | -154.17% |
| 2023-09-30 | 14.29% |
| 2023-06-30 | 20.66% |
| 2023-03-31 | 18.31% |
| 2022-09-30 | 21.09% |
| 2022-06-30 | -0.68% |
| 2022-03-31 | 16.00% |
| 2021-12-31 | 1.42% |
| 2021-06-30 | 20.94% |
| 2021-03-31 | 22.94% |
| 2020-12-31 | 8.65% |
| 2018-06-30 | 37.50% |
| 2018-03-31 | 26.23% |
