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 47.83% is 228% above its 5-year average of 14.56%, near the high end of its 5-year range (-124.53%–47.83%).
As of the fiscal period ended Wednesday, December 31, 2025. 70.88% above its 12-month average of 27.99%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
47.83%
TAX RATE AVG TTM
27.99%
TAX RATE AVG 3Y
27.50%
TAX RATE AVG 5Y
25.81%
TAX RATE AVG 10Y
16.93%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+70.88%
CURRENT VS 3Y AVG
+73.90%
CURRENT VS 5Y AVG
+85.31%
CURRENT VS 10Y AVG
+182.44%
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 |
|---|---|
| 2025-12-31 | 47.83% |
| 2025-09-30 | 14.67% |
| 2025-06-30 | 28.93% |
| 2025-03-31 | 29.01% |
| 2024-12-31 | 19.51% |
| 2024-09-30 | 28.57% |
| 2024-06-30 | 27.27% |
| 2023-12-31 | 29.59% |
| 2023-06-30 | 28.15% |
| 2023-03-31 | 19.95% |
| 2022-12-31 | 29.06% |
| 2022-09-30 | 26.42% |
| 2022-06-30 | 28.57% |
| 2021-12-31 | -124.53% |
| 2021-09-30 | 0.00% |
| 2020-12-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-03-31 | -1.92% |
| 2016-09-30 | -100.92% |
| 2014-09-30 | 41.07% |
| 2014-06-30 | 39.71% |
| 2014-03-31 | 40.37% |
| 2013-12-31 | 39.77% |
| 2013-09-30 | 40.05% |
| 2013-06-30 | 39.88% |
| 2013-03-31 | 40.06% |
