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 40.24% is 24% above its 5-year average of 32.42%, near the high end of its 5-year range (-185.64%–54.72%).
As of the fiscal period ended Wednesday, December 31, 2025. 101.79% above its 12-month average of 19.94%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2025 (2025-12-31): 40.24%.
TAX RATE
40.24%
TAX RATE AVG TTM
19.94%
TAX RATE AVG 3Y
24.98%
TAX RATE AVG 5Y
32.42%
TAX RATE AVG 10Y
28.59%
TAX RATE AVG 15Y
29.19%
TAX RATE AVG 20Y
31.45%
CURRENT VS TTM AVG
+101.79%
CURRENT VS 3Y AVG
+61.12%
CURRENT VS 5Y AVG
+24.12%
CURRENT VS 10Y AVG
+40.76%
CURRENT VS 15Y AVG
+37.86%
CURRENT VS 20Y AVG
+27.97%
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 | 40.24% |
| 2025-06-30 | 7.87% |
| 2025-03-31 | 9.92% |
| 2024-12-31 | 21.74% |
| 2024-06-30 | 45.11% |
| 2022-09-30 | 54.72% |
| 2022-06-30 | 32.54% |
| 2022-03-31 | 28.36% |
| 2021-12-31 | -185.64% |
| 2021-09-30 | 28.34% |
| 2021-06-30 | 27.55% |
| 2021-03-31 | 45.45% |
| 2020-12-31 | 47.24% |
| 2019-09-30 | 25.62% |
| 2019-06-30 | 31.71% |
| 2018-12-31 | 45.54% |
| 2018-09-30 | 30.99% |
| 2018-06-30 | 10.38% |
| 2018-03-31 | 29.20% |
| 2017-12-31 | 131.36% |
| 2017-09-30 | 18.52% |
| 2017-06-30 | 18.95% |
| 2017-03-31 | 29.29% |
| 2016-12-31 | -72.34% |
| 2016-09-30 | -3.23% |
| 2016-06-30 | 30.90% |
| 2016-03-31 | 29.21% |
| 2015-09-30 | 29.23% |
| 2015-06-30 | 36.59% |
| 2015-03-31 | 34.26% |
| 2014-09-30 | 33.44% |
| 2014-06-30 | 20.55% |
| 2013-12-31 | 0.78% |
| 2013-09-30 | 21.69% |
| 2013-06-30 | 24.61% |
| 2013-03-31 | 38.00% |
| 2012-12-31 | 121.88% |
| 2012-09-30 | 28.49% |
| 2012-06-30 | 37.95% |
| 2012-03-31 | 85.71% |
| 2011-12-31 | -271.43% |
| 2011-09-30 | 30.82% |
| 2011-06-30 | 53.33% |
| 2011-03-31 | 33.33% |
| 2010-09-30 | 130.95% |
| 2010-06-30 | 52.44% |
| 2010-03-31 | 182.76% |
| 2009-12-31 | 2.88% |
| 2009-09-30 | 27.14% |
| 2008-09-30 | 55.93% |
| 2008-06-30 | 44.31% |
| 2008-03-31 | 30.80% |
| 2007-12-31 | 25.99% |
| 2007-09-30 | 37.40% |
| 2007-06-30 | 63.75% |
| 2006-06-30 | 335.71% |
| 2006-03-31 | 59.65% |
| 2005-09-30 | 33.33% |
| 2005-06-30 | 55.19% |
| 2005-03-31 | 49.63% |
| 2004-12-31 | 33.07% |
| 2004-09-30 | 43.28% |
| 2004-06-30 | 66.29% |
| 2002-09-30 | 39.33% |
