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 19.74% is 69% below its 4-year average of 64.22%, near the low end of its 4-year range (-3.65%–449.88%).
As of the fiscal period ended Tuesday, March 31, 2026. 51.02% below its 12-month average of 40.29%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.74%
TAX RATE AVG TTM
40.29%
TAX RATE AVG 3Y
37.46%
TAX RATE AVG 5Y
34.16%
TAX RATE AVG 10Y
21.81%
TAX RATE AVG 15Y
11.34%
TAX RATE AVG 20Y
5.62%
CURRENT VS TTM AVG
-51.02%
CURRENT VS 3Y AVG
-47.31%
CURRENT VS 5Y AVG
-42.22%
CURRENT VS 10Y AVG
-9.50%
CURRENT VS 15Y AVG
+74.03%
CURRENT VS 20Y AVG
+251.02%
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 | 19.74% |
| 2025-12-31 | 19.22% |
| 2025-09-30 | 101.01% |
| 2025-06-30 | 18.14% |
| 2025-03-31 | 43.36% |
| 2024-12-31 | -1.61% |
| 2024-09-30 | 83.66% |
| 2024-06-30 | 33.36% |
| 2024-03-31 | 129.55% |
| 2023-12-31 | 24.87% |
| 2023-09-30 | 21.50% |
| 2023-06-30 | 63.04% |
| 2023-03-31 | 23.18% |
| 2022-09-30 | 449.88% |
| 2022-06-30 | 24.05% |
| 2022-03-31 | -3.65% |
| 2021-12-31 | 42.51% |
| 2020-12-31 | 25.10% |
| 2019-12-31 | 27.47% |
| 2018-12-31 | -14.47% |
| 2018-03-31 | -15.45% |
| 2017-06-30 | 105.88% |
| 2016-09-30 | -7.87% |
| 2016-03-31 | 10.03% |
| 2015-06-30 | -5.42% |
| 2014-06-30 | -4.70% |
| 2013-12-31 | -175.75% |
| 2013-09-30 | 10.22% |
| 2012-12-31 | -45.51% |
| 2012-09-30 | 3.83% |
| 2012-03-31 | -6.19% |
| 2011-12-31 | 10.44% |
| 2011-09-30 | -160.89% |
| 2011-06-30 | -1.73% |
| 2011-03-31 | 4.08% |
| 2010-12-31 | 5.81% |
| 2010-09-30 | 7.69% |
| 2010-06-30 | -37.95% |
| 2010-03-31 | 15.07% |
| 2009-12-31 | 5.76% |
| 2009-09-30 | 26.23% |
| 2009-06-30 | 16.57% |
| 2009-03-31 | -35.75% |
| 2008-12-31 | -14.51% |
| 2008-09-30 | 4.02% |
| 2008-06-30 | -33.44% |
| 2008-03-31 | 10.37% |
| 2007-12-31 | -2.57% |
| 2007-09-30 | 8.11% |
| 2007-06-30 | 15.28% |
| 2007-03-31 | -32.45% |
| 2006-12-31 | -25.85% |
| 2006-09-30 | 5.37% |
| 2006-06-30 | -88.10% |
| 2006-03-31 | 8.95% |
| 2005-12-31 | -19.54% |
| 2005-09-30 | 24.09% |
| 2005-06-30 | 17.20% |
| 2005-03-31 | 21.52% |
| 2004-12-31 | 19.33% |
| 2004-09-30 | 11.78% |
| 2004-06-30 | 20.04% |
| 2004-03-31 | 28.41% |
| 2003-12-31 | 41.72% |
| 2003-09-30 | 34.08% |
| 2003-06-30 | -264.28% |
| 2003-03-31 | 33.72% |
| 2002-12-31 | 53.03% |
| 2002-09-30 | 51.19% |
| 2002-06-30 | 40.93% |
