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 4.10% is 170% above its 5-year average of 1.52%, near the high end of its 5-year range (-42.66%–19.98%).
As of the fiscal period ended Tuesday, March 31, 2026. 281.76% above its 12-month average of -2.26%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
4.10%
TAX RATE AVG TTM
-2.26%
TAX RATE AVG 3Y
3.30%
TAX RATE AVG 5Y
2.87%
TAX RATE AVG 10Y
2.83%
TAX RATE AVG 15Y
3.42%
TAX RATE AVG 20Y
3.35%
CURRENT VS TTM AVG
+281.76%
CURRENT VS 3Y AVG
+24.26%
CURRENT VS 5Y AVG
+42.62%
CURRENT VS 10Y AVG
+44.65%
CURRENT VS 15Y AVG
+19.99%
CURRENT VS 20Y AVG
+22.38%
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 | 4.10% |
| 2025-12-31 | 19.98% |
| 2025-09-30 | -42.66% |
| 2025-06-30 | 4.24% |
| 2025-03-31 | 3.06% |
| 2024-12-31 | 2.13% |
| 2024-09-30 | 5.08% |
| 2024-06-30 | 4.80% |
| 2024-03-31 | 2.92% |
| 2023-12-31 | 1.86% |
| 2023-09-30 | 3.37% |
| 2023-06-30 | 2.70% |
| 2023-03-31 | 2.02% |
| 2022-12-31 | 2.41% |
| 2022-09-30 | 2.78% |
| 2022-06-30 | 2.22% |
| 2022-03-31 | 1.42% |
| 2021-12-31 | 1.39% |
| 2021-09-30 | 3.28% |
| 2021-06-30 | 2.95% |
| 2021-03-31 | 1.88% |
| 2020-12-31 | 2.23% |
| 2020-09-30 | 3.62% |
| 2020-06-30 | 2.78% |
| 2020-03-31 | 1.84% |
| 2019-12-31 | 2.22% |
| 2019-09-30 | 3.38% |
| 2019-06-30 | 2.35% |
| 2019-03-31 | 1.74% |
| 2018-12-31 | 2.82% |
| 2018-09-30 | 1.85% |
| 2018-06-30 | 2.00% |
| 2018-03-31 | 1.39% |
| 2017-12-31 | -2.47% |
| 2017-09-30 | 3.03% |
| 2017-06-30 | 2.96% |
| 2017-03-31 | 3.36% |
| 2016-12-31 | 5.08% |
| 2016-09-30 | 3.39% |
| 2016-06-30 | 4.02% |
| 2016-03-31 | 3.00% |
| 2015-12-31 | 21.17% |
| 2015-09-30 | 4.36% |
| 2015-06-30 | 3.46% |
| 2015-03-31 | 3.69% |
| 2014-12-31 | 4.32% |
| 2014-09-30 | -1.73% |
| 2014-06-30 | 7.09% |
| 2014-03-31 | 6.43% |
| 2013-12-31 | 3.34% |
| 2013-09-30 | 6.59% |
| 2013-06-30 | 7.15% |
| 2013-03-31 | 5.59% |
| 2012-12-31 | 2.93% |
| 2012-09-30 | 6.19% |
| 2012-06-30 | 6.90% |
| 2012-03-31 | 6.03% |
| 2011-12-31 | 3.11% |
| 2011-09-30 | -0.40% |
| 2011-06-30 | 3.89% |
| 2011-03-31 | 2.96% |
| 2010-12-31 | 8.45% |
| 2010-09-30 | 12.32% |
| 2010-06-30 | 16.02% |
| 2010-03-31 | 22.13% |
| 2009-12-31 | 80.71% |
| 2009-09-30 | 8.75% |
| 2009-03-31 | -33.49% |
| 2008-12-31 | 59.56% |
| 2008-09-30 | 113.82% |
| 2008-06-30 | -388.74% |
| 2008-03-31 | -490.09% |
| 2007-12-31 | 76.63% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | -85.60% |
| 2007-03-31 | -131.08% |
| 2006-12-31 | 54.70% |
| 2006-09-30 | -197.40% |
| 2006-06-30 | -297.22% |
| 2004-03-31 | 133.66% |
| 2003-06-30 | 170.70% |
