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 5.70% is 111% above its 5-year average of 2.70%, near the high end of its 5-year range (-0.83%–5.70%).
As of the fiscal period ended Tuesday, March 31, 2026. 63.62% above its 12-month average of 3.48%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-03-31): 5.70%.
TAX RATE
5.70%
TAX RATE AVG TTM
3.48%
TAX RATE AVG 3Y
2.05%
TAX RATE AVG 5Y
2.70%
TAX RATE AVG 10Y
4.94%
TAX RATE AVG 15Y
8.31%
TAX RATE AVG 20Y
9.18%
CURRENT VS TTM AVG
+63.62%
CURRENT VS 3Y AVG
+178.45%
CURRENT VS 5Y AVG
+111.07%
CURRENT VS 10Y AVG
+15.38%
CURRENT VS 15Y AVG
-31.44%
CURRENT VS 20Y AVG
-37.91%
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 | 5.70% |
| 2025-03-31 | 1.27% |
| 2024-09-30 | -0.83% |
| 2021-06-30 | 3.49% |
| 2021-03-31 | 3.87% |
| 2019-12-31 | 0.00% |
| 2018-03-31 | 9.15% |
| 2017-12-31 | 7.46% |
| 2017-09-30 | -0.47% |
| 2017-06-30 | 12.72% |
| 2017-03-31 | -237.82% |
| 2016-12-31 | 14.63% |
| 2016-09-30 | 33.39% |
| 2016-06-30 | 7.93% |
| 2016-03-31 | -0.69% |
| 2015-12-31 | -7.81% |
| 2015-09-30 | 21.74% |
| 2015-06-30 | -1.61% |
| 2015-03-31 | -2.02% |
| 2014-12-31 | -24.74% |
| 2014-09-30 | 3.43% |
| 2014-06-30 | 2.24% |
| 2014-03-31 | 1.54% |
| 2013-12-31 | 1.25% |
| 2013-06-30 | 30.09% |
| 2013-03-31 | 32.44% |
| 2012-12-31 | 29.13% |
| 2012-06-30 | 37.61% |
| 2012-03-31 | 42.75% |
| 2011-12-31 | 33.09% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2009-03-31 | 30.90% |
| 2008-12-31 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 21.20% |
| 2007-12-31 | 0.00% |
