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 51.50% is 84% above its 5-year average of 28.00%, near the high end of its 5-year range (21.30%–51.50%).
As of the fiscal period ended Tuesday, March 31, 2026. 35.97% above its 12-month average of 37.88%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 51.50%.
TAX RATE
51.50%
TAX RATE AVG TTM
37.88%
TAX RATE AVG 3Y
31.80%
TAX RATE AVG 5Y
28.00%
TAX RATE AVG 10Y
31.60%
TAX RATE AVG 15Y
35.47%
TAX RATE AVG 20Y
36.66%
CURRENT VS TTM AVG
+35.97%
CURRENT VS 3Y AVG
+61.96%
CURRENT VS 5Y AVG
+83.95%
CURRENT VS 10Y AVG
+62.96%
CURRENT VS 15Y AVG
+45.18%
CURRENT VS 20Y AVG
+40.46%
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 | 51.50% |
| 2025-09-30 | 24.25% |
| 2024-09-30 | 27.63% |
| 2024-06-30 | 29.57% |
| 2024-03-31 | 31.07% |
| 2023-12-31 | 34.17% |
| 2023-09-30 | 31.93% |
| 2023-06-30 | 28.74% |
| 2023-03-31 | 27.31% |
| 2022-12-31 | 21.30% |
| 2022-09-30 | 29.29% |
| 2022-06-30 | 26.06% |
| 2022-03-31 | 25.45% |
| 2021-12-31 | 21.99% |
| 2021-09-30 | 28.94% |
| 2021-06-30 | 28.84% |
| 2021-03-31 | 31.38% |
| 2020-09-30 | 38.10% |
| 2020-03-31 | 16.43% |
| 2019-12-31 | 44.80% |
| 2019-09-30 | 26.69% |
| 2019-06-30 | 29.06% |
| 2019-03-31 | -39.76% |
| 2018-12-31 | 28.05% |
| 2018-09-30 | 19.97% |
| 2018-06-30 | 27.79% |
| 2018-03-31 | 27.72% |
| 2017-12-31 | -102.22% |
| 2017-09-30 | 38.56% |
| 2017-06-30 | 40.41% |
| 2017-03-31 | 41.30% |
| 2016-12-31 | 42.43% |
| 2016-09-30 | 40.63% |
| 2016-06-30 | 40.87% |
| 2016-03-31 | 40.69% |
| 2015-12-31 | 40.26% |
| 2015-09-30 | 41.42% |
| 2015-06-30 | 41.05% |
| 2015-03-31 | 41.37% |
| 2014-12-31 | 40.98% |
| 2014-09-30 | 41.50% |
| 2014-06-30 | 41.15% |
| 2014-03-31 | 41.45% |
| 2013-12-31 | 41.78% |
| 2013-09-30 | 38.06% |
| 2013-06-30 | 41.95% |
| 2013-03-31 | 42.56% |
| 2012-12-31 | 48.09% |
| 2012-09-30 | 47.91% |
| 2012-03-31 | 47.07% |
| 2011-12-31 | 58.65% |
| 2011-03-31 | 67.01% |
| 2010-12-31 | 17.79% |
| 2009-09-30 | 67.98% |
| 2009-03-31 | 45.27% |
| 2008-12-31 | 56.19% |
| 2008-03-31 | 41.79% |
| 2007-12-31 | 41.79% |
| 2007-09-30 | 40.21% |
| 2007-06-30 | 43.08% |
| 2007-03-31 | 41.42% |
| 2006-12-31 | 42.65% |
| 2006-09-30 | 42.42% |
| 2006-06-30 | 42.81% |
| 2006-03-31 | 42.98% |
| 2005-12-31 | 44.66% |
| 2005-09-30 | 42.08% |
| 2005-06-30 | 51.24% |
| 2005-03-31 | 44.44% |
| 2004-12-31 | 39.50% |
| 2004-09-30 | 43.82% |
| 2004-06-30 | 43.88% |
| 2004-03-31 | 44.96% |
| 2003-12-31 | 43.49% |
| 2003-09-30 | 54.93% |
| 2003-06-30 | 42.50% |
| 2003-03-31 | 42.69% |
| 2002-12-31 | 40.08% |
| 2002-09-30 | 39.36% |
