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 7.21% is 92% below its 5-year average of 86.39%, near the low end of its 5-year range (6.87%–338.89%).
As of the fiscal period ended Wednesday, December 31, 2025. 89.86% below its 12-month average of 71.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2025-12-31): 7.21%.
TAX RATE
7.21%
TAX RATE AVG TTM
71.14%
TAX RATE AVG 3Y
111.83%
TAX RATE AVG 5Y
86.39%
TAX RATE AVG 10Y
23.48%
TAX RATE AVG 15Y
23.25%
TAX RATE AVG 20Y
21.49%
CURRENT VS TTM AVG
-89.86%
CURRENT VS 3Y AVG
-93.55%
CURRENT VS 5Y AVG
-91.65%
CURRENT VS 10Y AVG
-69.28%
CURRENT VS 15Y AVG
-68.98%
CURRENT VS 20Y AVG
-66.45%
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 | 7.21% |
| 2025-09-30 | 7.19% |
| 2024-12-31 | 199.01% |
| 2024-09-30 | 6.87% |
| 2022-12-31 | 338.89% |
| 2021-03-31 | 22.12% |
| 2020-12-31 | 23.46% |
| 2020-09-30 | 21.80% |
| 2020-06-30 | 20.21% |
| 2020-03-31 | 18.02% |
| 2019-12-31 | 13.53% |
| 2019-09-30 | 17.37% |
| 2018-09-30 | 25.41% |
| 2017-06-30 | 61.34% |
| 2016-12-31 | 32.36% |
| 2016-09-30 | 41.17% |
| 2016-06-30 | -80.59% |
| 2016-03-31 | 44.81% |
| 2015-12-31 | 12.70% |
| 2015-09-30 | 11.90% |
| 2015-03-31 | -684.14% |
| 2014-12-31 | 20.93% |
| 2014-09-30 | 18.58% |
| 2014-06-30 | 14.42% |
| 2013-12-31 | -3.28% |
| 2013-06-30 | -39.66% |
| 2012-09-30 | 46.77% |
| 2012-06-30 | -49.98% |
| 2011-03-31 | 41.45% |
| 2010-12-31 | 31.50% |
| 2010-09-30 | 54.43% |
| 2010-06-30 | 36.15% |
| 2010-03-31 | 43.68% |
| 2009-12-31 | 39.11% |
| 2009-09-30 | 35.82% |
| 2009-06-30 | -237.37% |
| 2009-03-31 | 76.25% |
| 2008-12-31 | 17.59% |
| 2008-09-30 | 17.86% |
| 2008-06-30 | 31.02% |
| 2008-03-31 | 21.78% |
| 2007-12-31 | 2.81% |
| 2007-09-30 | 1.80% |
| 2007-06-30 | 5.38% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.80% |
| 2006-06-30 | 0.00% |
| 2001-06-30 | 155.38% |