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 13.28% is in line with its 5-year average of 12.92%, near the low end of its 5-year range (0.82%–62.22%).
As of the fiscal period ended Tuesday, March 31, 2026. 11.96% below its 12-month average of 15.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
13.28%
TAX RATE AVG TTM
15.08%
TAX RATE AVG 3Y
12.41%
TAX RATE AVG 5Y
10.33%
TAX RATE AVG 10Y
9.42%
TAX RATE AVG 15Y
9.59%
TAX RATE AVG 20Y
17.17%
CURRENT VS TTM AVG
-11.96%
CURRENT VS 3Y AVG
+6.97%
CURRENT VS 5Y AVG
+28.54%
CURRENT VS 10Y AVG
+41.00%
CURRENT VS 15Y AVG
+38.47%
CURRENT VS 20Y AVG
-22.68%
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 | 13.28% |
| 2025-12-31 | 13.28% |
| 2025-09-30 | 3.94% |
| 2025-06-30 | 25.65% |
| 2025-03-31 | 19.26% |
| 2024-12-31 | 5.76% |
| 2024-09-30 | 22.23% |
| 2024-06-30 | 11.67% |
| 2024-03-31 | 10.59% |
| 2023-12-31 | 62.22% |
| 2023-09-30 | 6.01% |
| 2023-06-30 | 2.78% |
| 2023-03-31 | 14.50% |
| 2022-09-30 | 4.22% |
| 2022-06-30 | 0.82% |
| 2022-03-31 | 3.10% |
| 2021-12-31 | 16.52% |
| 2021-09-30 | 6.61% |
| 2021-06-30 | 8.87% |
| 2021-03-31 | 7.16% |
| 2020-12-31 | 13.84% |
| 2020-09-30 | 7.83% |
| 2020-06-30 | 2.42% |
| 2020-03-31 | 4.80% |
| 2019-12-31 | -21.43% |
| 2019-09-30 | 6.77% |
| 2019-06-30 | 6.38% |
| 2019-03-31 | 7.70% |
| 2018-12-31 | -48.35% |
| 2018-09-30 | 3.21% |
| 2018-06-30 | 1.23% |
| 2018-03-31 | -12.48% |
| 2017-12-31 | -37.77% |
| 2017-09-30 | 9.08% |
| 2017-06-30 | 5.81% |
| 2017-03-31 | 8.01% |
| 2016-12-31 | 20.71% |
| 2016-09-30 | 7.71% |
| 2016-06-30 | 18.44% |
| 2016-03-31 | 9.38% |
| 2015-12-31 | 10.46% |
| 2015-09-30 | 49.09% |
| 2015-06-30 | 8.15% |
| 2015-03-31 | 10.88% |
| 2014-12-31 | 6.50% |
| 2014-09-30 | 4.80% |
| 2014-06-30 | 8.96% |
| 2014-03-31 | 8.37% |
| 2013-12-31 | 32.86% |
| 2013-09-30 | 8.72% |
| 2013-06-30 | -15.75% |
| 2013-03-31 | 10.67% |
| 2012-12-31 | 26.77% |
| 2012-09-30 | 5.33% |
| 2012-06-30 | 41.42% |
| 2012-03-31 | 11.47% |
| 2011-12-31 | -23.13% |
| 2011-09-30 | 498.30% |
| 2011-06-30 | 36.80% |
| 2011-03-31 | 43.72% |
| 2010-12-31 | 38.82% |
| 2010-09-30 | 43.01% |
| 2010-06-30 | 23.32% |
| 2010-03-31 | 22.74% |
| 2009-12-31 | 39.92% |
| 2009-09-30 | 43.18% |
| 2009-06-30 | 50.00% |
| 2009-03-31 | 39.99% |
| 2008-12-31 | 15.56% |
| 2008-09-30 | 36.55% |
| 2008-06-30 | 46.73% |
| 2008-03-31 | 49.13% |
| 2007-12-31 | 101.13% |
| 2007-09-30 | -31.67% |
| 2007-06-30 | 54.58% |
| 2007-03-31 | 45.44% |
| 2006-12-31 | 42.57% |
| 2006-09-30 | 77.95% |
| 2006-06-30 | 61.02% |
| 2006-03-31 | 212.01% |
| 2002-12-31 | 1.48% |
