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 17.59% is 17% below its 5-year average of 21.31%, near the low end of its 5-year range (15.61%–26.41%).
As of the fiscal period ended Tuesday, March 31, 2026. 19.15% below its 12-month average of 21.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 17.59%.
TAX RATE
17.59%
TAX RATE AVG TTM
21.75%
TAX RATE AVG 3Y
21.68%
TAX RATE AVG 5Y
21.31%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-19.15%
CURRENT VS 3Y AVG
-18.88%
CURRENT VS 5Y AVG
-17.49%
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 | 17.59% |
| 2025-12-31 | 26.41% |
| 2025-09-30 | 24.10% |
| 2025-06-30 | 23.35% |
| 2025-03-31 | 17.33% |
| 2024-12-31 | 22.28% |
| 2024-09-30 | 17.86% |
| 2024-06-30 | 22.80% |
| 2024-03-31 | 21.97% |
| 2023-12-31 | 24.01% |
| 2023-09-30 | 21.33% |
| 2023-06-30 | 23.10% |
| 2023-03-31 | 19.74% |
| 2022-12-31 | 15.61% |
| 2022-09-30 | 21.07% |
| 2022-06-30 | 22.41% |
| 2022-03-31 | 21.11% |
| 2021-12-31 | 18.37% |
| 2021-09-30 | 21.86% |
| 2021-06-30 | 24.61% |
| 2021-03-31 | 20.71% |
| 2020-12-31 | 20.91% |
| 2020-09-30 | 20.92% |
| 2020-06-30 | 20.85% |
| 2020-03-31 | 20.77% |
| 2019-12-31 | 20.79% |
| 2019-09-30 | 20.74% |
| 2019-06-30 | 20.69% |
| 2019-03-31 | 20.88% |
| 2018-12-31 | 21.24% |
| 2018-09-30 | 20.57% |
| 2018-06-30 | 20.54% |
| 2018-03-31 | 20.46% |
| 2017-12-31 | 86.58% |
| 2017-09-30 | 33.45% |
| 2017-06-30 | 32.54% |
| 2017-03-31 | 30.57% |
