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 24.94% is 32% below its 5-year average of 36.57%, near the low end of its 5-year range (0.70%–127.27%).
As of the fiscal period ended Tuesday, March 31, 2026. 14.37% below its 12-month average of 29.13%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.94%
TAX RATE AVG TTM
29.13%
TAX RATE AVG 3Y
26.15%
TAX RATE AVG 5Y
31.24%
TAX RATE AVG 10Y
26.34%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-14.37%
CURRENT VS 3Y AVG
-4.63%
CURRENT VS 5Y AVG
-20.15%
CURRENT VS 10Y AVG
-5.30%
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 | 24.94% |
| 2025-12-31 | 38.15% |
| 2025-09-30 | 33.41% |
| 2025-06-30 | 34.56% |
| 2025-03-31 | 14.57% |
| 2024-12-31 | 0.70% |
| 2024-09-30 | 27.29% |
| 2024-06-30 | 15.99% |
| 2024-03-31 | 15.74% |
| 2023-12-31 | 127.27% |
| 2023-09-30 | 22.91% |
| 2023-06-30 | 29.33% |
| 2023-03-31 | 56.22% |
| 2022-12-31 | 80.56% |
| 2022-03-31 | 14.62% |
| 2021-12-31 | 51.25% |
| 2021-09-30 | 20.78% |
| 2021-06-30 | 50.00% |
| 2020-12-31 | 44.05% |
| 2020-09-30 | 8.59% |
| 2020-06-30 | 26.93% |
| 2019-12-31 | 12.53% |
| 2019-09-30 | 18.67% |
| 2019-06-30 | 27.16% |
| 2019-03-31 | 24.78% |
| 2018-09-30 | 20.63% |
| 2018-06-30 | 11.27% |
| 2018-03-31 | 4.62% |
| 2017-12-31 | -152.20% |
| 2017-09-30 | 40.85% |
| 2017-03-31 | 23.56% |
| 2016-12-31 | 97.47% |
| 2016-09-30 | 38.96% |
| 2016-03-31 | 37.01% |
| 2015-12-31 | 45.23% |
| 2015-09-30 | -12.16% |
| 2015-06-30 | 31.70% |
| 2015-03-31 | 31.79% |
| 2014-09-30 | 25.53% |
| 2014-06-30 | 34.85% |
| 2013-12-31 | 53.18% |
| 2013-09-30 | 37.26% |
| 2013-06-30 | 31.24% |
| 2012-12-31 | 47.74% |
| 2012-09-30 | 49.42% |
