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 15.80% is in line with its 5-year average of 15.50%, near the low end of its 5-year range (9.25%–32.71%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.69% below its 12-month average of 16.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.80%
TAX RATE AVG TTM
16.58%
TAX RATE AVG 3Y
15.21%
TAX RATE AVG 5Y
15.50%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-4.69%
CURRENT VS 3Y AVG
+3.94%
CURRENT VS 5Y AVG
+1.98%
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 | 15.80% |
| 2025-12-31 | 32.71% |
| 2025-09-30 | 10.13% |
| 2025-06-30 | 11.38% |
| 2025-03-31 | 12.89% |
| 2024-12-31 | 15.95% |
| 2024-09-30 | 15.17% |
| 2024-06-30 | 21.52% |
| 2024-03-31 | 15.99% |
| 2023-12-31 | 17.93% |
| 2023-09-30 | 9.25% |
| 2023-06-30 | 21.20% |
| 2023-03-31 | 15.27% |
| 2022-12-31 | 22.99% |
| 2022-09-30 | 16.77% |
| 2022-06-30 | 16.27% |
| 2022-03-31 | 16.42% |
| 2021-06-30 | 10.44% |
| 2021-03-31 | 13.61% |
