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 24.99% is in line with its 5-year average of 27.21%, around the middle of its 5-year range (21.44%–29.14%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.71% below its 12-month average of 26.22%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 24.99%.
TAX RATE
24.99%
TAX RATE AVG TTM
26.22%
TAX RATE AVG 3Y
26.88%
TAX RATE AVG 5Y
27.21%
TAX RATE AVG 10Y
27.62%
TAX RATE AVG 15Y
31.27%
TAX RATE AVG 20Y
31.56%
CURRENT VS TTM AVG
-4.71%
CURRENT VS 3Y AVG
-7.04%
CURRENT VS 5Y AVG
-8.15%
CURRENT VS 10Y AVG
-9.53%
CURRENT VS 15Y AVG
-20.08%
CURRENT VS 20Y AVG
-20.81%
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 | 24.99% |
| 2025-12-31 | 27.61% |
| 2025-09-30 | 25.69% |
| 2025-06-30 | 26.98% |
| 2025-03-31 | 25.84% |
| 2024-12-31 | 24.33% |
| 2024-09-30 | 27.43% |
| 2024-06-30 | 26.27% |
| 2024-03-31 | 27.85% |
| 2023-12-31 | 27.33% |
| 2023-09-30 | 28.48% |
| 2023-06-30 | 28.44% |
| 2023-03-31 | 28.19% |
| 2022-12-31 | 27.14% |
| 2022-09-30 | 29.00% |
| 2022-06-30 | 29.14% |
| 2022-03-31 | 21.44% |
| 2021-12-31 | 27.67% |
| 2021-09-30 | 26.79% |
| 2021-06-30 | 27.61% |
| 2021-03-31 | 27.33% |
| 2020-12-31 | 18.09% |
| 2020-09-30 | 25.89% |
| 2020-06-30 | 27.77% |
| 2020-03-31 | 29.27% |
| 2019-12-31 | 19.33% |
| 2019-09-30 | 28.02% |
| 2019-06-30 | 32.88% |
| 2019-03-31 | 29.01% |
| 2018-12-31 | 30.87% |
| 2018-09-30 | 31.76% |
| 2018-06-30 | 25.86% |
| 2018-03-31 | 29.39% |
| 2017-12-31 | 122.57% |
| 2017-09-30 | 39.42% |
| 2017-06-30 | 45.24% |
| 2017-03-31 | 41.92% |
| 2016-12-31 | 42.64% |
| 2016-09-30 | 43.27% |
| 2016-06-30 | 42.85% |
| 2016-03-31 | 40.23% |
| 2015-09-30 | 40.69% |
| 2015-06-30 | 18.23% |
| 2015-03-31 | -1.79% |
| 2014-12-31 | 41.02% |
| 2014-09-30 | 32.64% |
| 2014-06-30 | -19.42% |
| 2014-03-31 | 41.39% |
| 2013-12-31 | 41.37% |
| 2013-09-30 | 41.57% |
| 2013-06-30 | 41.27% |
| 2013-03-31 | 41.30% |
| 2012-12-31 | 34.50% |
| 2008-03-31 | 46.08% |
| 2007-12-31 | -3.92% |
| 2007-09-30 | -33.20% |
| 2007-03-31 | 0.50% |
| 2006-12-31 | -15.85% |
