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 15.50% is in line with its 5-year average of 14.58%, near the high end of its 5-year range (-13.38%–22.11%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.30% above its 12-month average of 15.15%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.50%
TAX RATE AVG TTM
15.15%
TAX RATE AVG 3Y
15.82%
TAX RATE AVG 5Y
15.66%
TAX RATE AVG 10Y
15.68%
TAX RATE AVG 15Y
15.86%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+2.30%
CURRENT VS 3Y AVG
-2.04%
CURRENT VS 5Y AVG
-1.06%
CURRENT VS 10Y AVG
-1.18%
CURRENT VS 15Y AVG
-2.30%
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 | 15.50% |
| 2025-12-31 | 14.10% |
| 2025-09-30 | 15.97% |
| 2025-06-30 | 14.55% |
| 2025-03-31 | 15.62% |
| 2024-12-31 | 16.45% |
| 2024-09-30 | 13.89% |
| 2024-06-30 | 19.62% |
| 2024-03-31 | 16.55% |
| 2023-12-31 | 19.51% |
| 2023-09-30 | 14.04% |
| 2023-06-30 | 13.60% |
| 2023-03-31 | 16.24% |
| 2022-12-31 | 13.79% |
| 2022-09-30 | 19.02% |
| 2022-06-30 | 15.76% |
| 2022-03-31 | 13.56% |
| 2021-12-31 | -13.38% |
| 2021-09-30 | 13.74% |
| 2021-06-30 | 16.04% |
| 2021-03-31 | 22.11% |
| 2020-12-31 | 7.70% |
| 2020-09-30 | 8.41% |
| 2020-06-30 | 19.04% |
| 2020-03-31 | 15.70% |
| 2019-12-31 | 14.99% |
| 2019-09-30 | 16.14% |
| 2019-06-30 | 6.65% |
| 2019-03-31 | 16.16% |
| 2018-12-31 | 27.75% |
| 2018-09-30 | 5.59% |
| 2018-06-30 | 21.92% |
| 2018-03-31 | 13.56% |
| 2017-12-31 | -2.11% |
| 2017-09-30 | 16.10% |
| 2017-06-30 | 15.02% |
| 2017-03-31 | 23.52% |
| 2016-12-31 | 12.21% |
| 2016-09-30 | 18.39% |
| 2016-06-30 | 15.54% |
| 2016-03-31 | 21.84% |
| 2015-12-31 | 8.94% |
| 2015-09-30 | 18.63% |
| 2015-06-30 | 24.84% |
| 2015-03-31 | 24.86% |
| 2014-12-31 | 36.49% |
| 2014-09-30 | -68.65% |
| 2014-06-30 | 10.66% |
| 2014-03-31 | 26.03% |
| 2013-12-31 | -27.21% |
| 2013-09-30 | 7.00% |
| 2013-06-30 | 12.47% |
| 2013-03-31 | 15.20% |
| 2012-12-31 | -180.71% |
| 2012-09-30 | 66.75% |
| 2012-06-30 | -95.28% |
| 2012-03-31 | 59.83% |
| 2011-12-31 | 1.59% |
| 2011-09-30 | 14.22% |
| 2011-06-30 | 37.05% |
| 2011-03-31 | 14.27% |
| 2010-12-31 | 3.15% |
| 2010-09-30 | 19.61% |
| 2010-06-30 | 5.04% |
| 2010-03-31 | 7.40% |
