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 22.65% is 20% below its 5-year average of 28.16%, near the high end of its 5-year range (-562.75%–68.09%).
As of the fiscal period ended Tuesday, March 31, 2026. 21.30% below its 12-month average of 28.78%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 22.65%.
TAX RATE
22.65%
TAX RATE AVG TTM
28.78%
TAX RATE AVG 3Y
28.51%
TAX RATE AVG 5Y
28.16%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-21.30%
CURRENT VS 3Y AVG
-20.56%
CURRENT VS 5Y AVG
-19.59%
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 | 22.65% |
| 2025-12-31 | 41.58% |
| 2025-09-30 | 27.46% |
| 2025-06-30 | 29.62% |
| 2025-03-31 | 22.58% |
| 2024-12-31 | 27.41% |
| 2024-09-30 | 40.08% |
| 2024-06-30 | 32.62% |
| 2024-03-31 | 24.33% |
| 2023-12-31 | 31.62% |
| 2023-09-30 | 28.31% |
| 2023-06-30 | 26.91% |
| 2022-09-30 | 68.09% |
| 2021-09-30 | 10.97% |
| 2021-06-30 | -562.75% |
| 2021-03-31 | -1.21% |
| 2020-12-31 | 4.19% |
| 2020-09-30 | 2.42% |
| 2020-06-30 | 2.96% |
| 2020-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
