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 31.60% is 132% above its 5-year average of 13.64%, near the high end of its 5-year range (-114.88%–31.60%).
As of the fiscal period ended Tuesday, March 31, 2026. 19.48% above its 12-month average of 26.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
31.60%
TAX RATE AVG TTM
26.45%
TAX RATE AVG 3Y
25.06%
TAX RATE AVG 5Y
20.06%
TAX RATE AVG 10Y
17.74%
TAX RATE AVG 15Y
18.33%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+19.48%
CURRENT VS 3Y AVG
+26.10%
CURRENT VS 5Y AVG
+57.53%
CURRENT VS 10Y AVG
+78.13%
CURRENT VS 15Y AVG
+72.38%
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 | 31.60% |
| 2025-12-31 | 23.97% |
| 2025-09-30 | 25.62% |
| 2025-06-30 | 28.88% |
| 2025-03-31 | 22.17% |
| 2024-12-31 | 24.78% |
| 2024-09-30 | 28.09% |
| 2024-06-30 | 26.28% |
| 2024-03-31 | 5.99% |
| 2023-12-31 | 23.43% |
| 2023-09-30 | 26.28% |
| 2023-06-30 | 20.00% |
| 2023-03-31 | 19.63% |
| 2022-12-31 | 22.93% |
| 2022-09-30 | 18.36% |
| 2022-06-30 | -114.88% |
| 2022-03-31 | 15.59% |
| 2021-12-31 | 11.05% |
| 2021-09-30 | 14.56% |
| 2021-06-30 | 6.89% |
| 2021-03-31 | 5.11% |
| 2020-12-31 | 16.15% |
| 2020-09-30 | 13.98% |
| 2020-06-30 | 12.42% |
| 2020-03-31 | 11.26% |
| 2019-12-31 | 12.11% |
| 2019-09-30 | 16.22% |
| 2019-06-30 | 16.64% |
| 2019-03-31 | 5.44% |
| 2018-12-31 | 23.87% |
| 2018-09-30 | 0.56% |
| 2018-06-30 | 12.02% |
| 2018-03-31 | -34.49% |
| 2017-12-31 | 159.29% |
| 2017-09-30 | 15.72% |
| 2017-06-30 | 13.21% |
| 2017-03-31 | 17.32% |
| 2016-12-31 | 22.74% |
| 2016-09-30 | 21.26% |
| 2016-06-30 | 21.00% |
| 2016-03-31 | 21.00% |
| 2015-12-31 | 20.43% |
| 2015-09-30 | 20.23% |
| 2015-06-30 | 21.31% |
| 2015-03-31 | 19.26% |
| 2014-12-31 | 25.05% |
| 2014-09-30 | 14.92% |
| 2014-06-30 | 19.49% |
| 2014-03-31 | 19.58% |
| 2013-12-31 | 19.53% |
| 2013-09-30 | 19.25% |
| 2013-06-30 | 19.02% |
| 2013-03-31 | 19.07% |
| 2012-12-31 | 21.22% |
| 2012-09-30 | 15.20% |
| 2012-06-30 | 16.20% |
| 2012-03-31 | 15.63% |
| 2011-12-31 | 19.32% |
| 2011-09-30 | 6.84% |
| 2011-06-30 | 21.94% |
| 2011-03-31 | 17.89% |
| 2010-12-31 | 4.41% |
| 2010-09-30 | 21.05% |
| 2010-06-30 | 7.45% |
| 2010-03-31 | 1.12% |
