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 28.53% is 11% above its 5-year average of 25.68%, around the middle of its 5-year range (10.74%–47.67%).
As of the fiscal period ended Wednesday, December 31, 2025. 2.69% below its 12-month average of 29.32%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2025 (2025-12-31): 28.53%.
TAX RATE
28.53%
TAX RATE AVG TTM
29.32%
TAX RATE AVG 3Y
25.91%
TAX RATE AVG 5Y
25.68%
TAX RATE AVG 10Y
9.74%
TAX RATE AVG 15Y
38.94%
TAX RATE AVG 20Y
36.63%
CURRENT VS TTM AVG
-2.69%
CURRENT VS 3Y AVG
+10.10%
CURRENT VS 5Y AVG
+11.08%
CURRENT VS 10Y AVG
+192.81%
CURRENT VS 15Y AVG
-26.73%
CURRENT VS 20Y AVG
-22.11%
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 | 28.53% |
| 2025-03-31 | 47.67% |
| 2024-12-31 | 11.76% |
| 2023-12-31 | 10.74% |
| 2022-12-31 | 30.87% |
| 2020-12-31 | 24.53% |
| 2020-03-31 | -145.87% |
| 2019-12-31 | 28.03% |
| 2018-12-31 | 37.36% |
| 2016-03-31 | 23.82% |
| 2015-09-30 | -25.43% |
| 2015-06-30 | 1.19% |
| 2014-09-30 | 59.39% |
| 2014-06-30 | 52.16% |
| 2013-09-30 | 54.33% |
| 2013-06-30 | 42.99% |
| 2013-03-31 | 39.71% |
| 2012-12-31 | 42.99% |
| 2012-09-30 | 81.00% |
| 2012-06-30 | 44.47% |
| 2012-03-31 | 45.93% |
| 2011-12-31 | 48.46% |
| 2011-06-30 | 43.43% |
| 2011-03-31 | 49.82% |
| 2010-12-31 | 46.40% |
| 2010-09-30 | 46.31% |
| 2010-06-30 | 47.02% |
| 2010-03-31 | 45.45% |
| 2009-12-31 | 32.30% |
| 2009-09-30 | 47.97% |
| 2009-06-30 | 43.97% |
| 2009-03-31 | 47.51% |
| 2008-12-31 | 41.91% |
| 2008-09-30 | 44.27% |
| 2008-06-30 | 42.74% |
| 2008-03-31 | 44.44% |
| 2007-12-31 | -289.28% |
| 2007-09-30 | 40.28% |
| 2007-06-30 | 40.80% |
| 2007-03-31 | 41.01% |
| 2006-12-31 | -196.11% |
| 2006-09-30 | 2.91% |
| 2006-06-30 | 2.99% |
| 2006-03-31 | 2.04% |
| 2005-09-30 | 100.91% |
| 2005-06-30 | 101.09% |
| 2005-03-31 | 101.00% |
