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 29.96% is 12% above its 5-year average of 26.70%, around the middle of its 5-year range (21.83%–36.49%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.60% below its 12-month average of 30.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
29.96%
TAX RATE AVG TTM
30.14%
TAX RATE AVG 3Y
27.94%
TAX RATE AVG 5Y
25.37%
TAX RATE AVG 10Y
25.77%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-0.60%
CURRENT VS 3Y AVG
+7.24%
CURRENT VS 5Y AVG
+18.08%
CURRENT VS 10Y AVG
+16.28%
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 | 29.96% |
| 2025-12-31 | 33.49% |
| 2025-09-30 | 33.99% |
| 2025-06-30 | 27.73% |
| 2025-03-31 | 25.54% |
| 2024-12-31 | 36.49% |
| 2024-09-30 | 22.89% |
| 2024-06-30 | 24.70% |
| 2024-03-31 | 24.73% |
| 2023-12-31 | 23.28% |
| 2023-09-30 | 26.64% |
| 2023-06-30 | 26.60% |
| 2023-03-31 | 27.14% |
| 2022-12-31 | 24.25% |
| 2022-09-30 | 26.78% |
| 2022-06-30 | 23.71% |
| 2022-03-31 | 26.04% |
| 2021-12-31 | 25.62% |
| 2021-09-30 | 24.05% |
| 2021-06-30 | 25.24% |
| 2021-03-31 | 21.83% |
| 2020-12-31 | 20.27% |
| 2020-09-30 | 19.79% |
| 2020-06-30 | 25.11% |
| 2020-03-31 | 14.65% |
| 2019-12-31 | 21.12% |
| 2019-09-30 | 22.87% |
| 2019-06-30 | -1.71% |
| 2019-03-31 | 24.92% |
| 2018-12-31 | 23.94% |
| 2018-09-30 | 33.62% |
| 2018-06-30 | 23.50% |
| 2018-03-31 | 23.71% |
| 2017-12-31 | -35.70% |
| 2017-09-30 | 38.07% |
| 2017-06-30 | 31.20% |
| 2017-03-31 | 26.10% |
| 2016-12-31 | 37.82% |
| 2016-09-30 | 23.85% |
| 2016-06-30 | 28.39% |
| 2016-03-31 | 29.20% |
| 2015-12-31 | 38.36% |
| 2015-09-30 | 29.38% |
| 2015-06-30 | 32.08% |
| 2015-03-31 | 32.58% |
| 2014-12-31 | 21.93% |
| 2014-09-30 | 30.06% |
| 2014-06-30 | 30.80% |
| 2014-03-31 | 30.54% |
| 2013-12-31 | 31.93% |
| 2013-09-30 | 26.97% |
| 2013-06-30 | 30.60% |
| 2013-03-31 | 28.56% |
