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 19.55% is 41% above its 5-year average of 13.90%, near the high end of its 5-year range (4.40%–20.81%).
As of the fiscal period ended Tuesday, March 31, 2026. 10.03% above its 12-month average of 17.76%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.55%
TAX RATE AVG TTM
17.76%
TAX RATE AVG 3Y
14.97%
TAX RATE AVG 5Y
14.37%
TAX RATE AVG 10Y
13.74%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+10.03%
CURRENT VS 3Y AVG
+30.53%
CURRENT VS 5Y AVG
+36.01%
CURRENT VS 10Y AVG
+42.22%
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 | 19.55% |
| 2025-12-31 | 15.97% |
| 2025-09-30 | 20.81% |
| 2025-06-30 | 17.72% |
| 2025-03-31 | 14.79% |
| 2024-12-31 | 9.89% |
| 2024-09-30 | 15.28% |
| 2024-06-30 | 13.63% |
| 2024-03-31 | 11.77% |
| 2023-12-31 | 11.63% |
| 2023-09-30 | 15.39% |
| 2023-06-30 | 16.12% |
| 2023-03-31 | 12.13% |
| 2022-12-31 | 12.09% |
| 2022-09-30 | 16.54% |
| 2022-06-30 | 17.45% |
| 2022-03-31 | 12.02% |
| 2021-12-31 | 10.47% |
| 2021-09-30 | 4.40% |
| 2021-06-30 | 10.94% |
| 2021-03-31 | 13.23% |
| 2020-12-31 | 8.60% |
| 2020-09-30 | 16.49% |
| 2020-06-30 | 17.38% |
| 2020-03-31 | 14.45% |
| 2019-12-31 | -39.28% |
| 2019-09-30 | 15.69% |
| 2019-06-30 | 14.23% |
| 2019-03-31 | 2.73% |
| 2018-12-31 | 14.19% |
| 2018-09-30 | 11.02% |
| 2018-03-31 | -1.15% |
| 2017-12-31 | 26.69% |
| 2017-09-30 | 6.01% |
| 2017-06-30 | 12.33% |
| 2017-03-31 | -12.52% |
| 2016-12-31 | 23.79% |
| 2016-09-30 | 18.54% |
| 2016-06-30 | 26.38% |
| 2016-03-31 | 28.54% |
| 2015-12-31 | 9.51% |
| 2015-09-30 | 6.11% |
| 2015-06-30 | 26.04% |
| 2015-03-31 | 28.94% |
| 2014-12-31 | 18.50% |
| 2014-09-30 | 32.27% |
| 2014-06-30 | 31.79% |
| 2014-03-31 | 36.60% |
| 2013-12-31 | 31.55% |
| 2013-09-30 | 29.50% |
| 2013-06-30 | 29.26% |
| 2013-03-31 | 4.09% |
| 2012-12-31 | 32.62% |
