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 25.02% is 53% above its 5-year average of 16.36%, near the high end of its 5-year range (-79.63%–37.99%).
As of the fiscal period ended Tuesday, March 31, 2026. 2029.63% above its 12-month average of -1.30%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.02%
TAX RATE AVG TTM
-1.30%
TAX RATE AVG 3Y
13.90%
TAX RATE AVG 5Y
23.99%
TAX RATE AVG 10Y
25.13%
TAX RATE AVG 15Y
32.24%
TAX RATE AVG 20Y
33.24%
CURRENT VS TTM AVG
+2029.63%
CURRENT VS 3Y AVG
+79.94%
CURRENT VS 5Y AVG
+4.28%
CURRENT VS 10Y AVG
-0.46%
CURRENT VS 15Y AVG
-22.41%
CURRENT VS 20Y AVG
-24.75%
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 | 25.02% |
| 2025-09-30 | -79.63% |
| 2025-06-30 | 24.79% |
| 2025-03-31 | 24.64% |
| 2024-09-30 | 24.41% |
| 2024-06-30 | 24.75% |
| 2024-03-31 | 25.35% |
| 2023-09-30 | 23.57% |
| 2023-06-30 | 23.64% |
| 2023-03-31 | 22.48% |
| 2022-09-30 | 8.23% |
| 2022-06-30 | 37.99% |
| 2022-03-31 | 23.52% |
| 2021-09-30 | 7.27% |
| 2021-06-30 | 23.74% |
| 2021-03-31 | 21.96% |
| 2020-09-30 | 25.14% |
| 2020-06-30 | 29.99% |
| 2020-03-31 | 34.76% |
| 2019-12-31 | 13.37% |
| 2019-09-30 | 22.50% |
| 2019-06-30 | 24.25% |
| 2019-03-31 | 24.43% |
| 2018-12-31 | 18.95% |
| 2018-09-30 | 29.23% |
| 2018-06-30 | -915.79% |
| 2018-03-31 | 30.55% |
| 2017-12-31 | 62.45% |
| 2017-09-30 | 37.55% |
| 2017-06-30 | 37.62% |
| 2017-03-31 | 33.98% |
| 2016-09-30 | 50.11% |
| 2016-06-30 | 51.10% |
| 2016-03-31 | 49.20% |
| 2015-12-31 | 58.94% |
| 2015-09-30 | 51.54% |
| 2015-06-30 | 45.65% |
| 2015-03-31 | 42.20% |
| 2014-12-31 | 49.48% |
| 2014-09-30 | 47.37% |
| 2014-06-30 | 46.75% |
| 2014-03-31 | 46.36% |
| 2013-09-30 | 37.20% |
| 2013-06-30 | 35.78% |
| 2013-03-31 | 35.21% |
| 2012-12-31 | 31.91% |
| 2012-09-30 | 36.89% |
| 2012-06-30 | 36.88% |
| 2012-03-31 | 36.41% |
| 2011-12-31 | 36.49% |
| 2011-09-30 | 36.34% |
| 2011-06-30 | 36.64% |
| 2011-03-31 | 36.62% |
| 2010-12-31 | 38.49% |
| 2010-09-30 | 36.81% |
| 2010-06-30 | 36.54% |
| 2010-03-31 | 37.93% |
| 2009-12-31 | 37.13% |
| 2009-09-30 | 35.76% |
| 2009-06-30 | 35.95% |
| 2009-03-31 | 29.97% |
| 2008-12-31 | 33.31% |
| 2008-09-30 | 35.30% |
| 2008-06-30 | 35.42% |
| 2008-03-31 | 35.31% |
| 2007-12-31 | 32.25% |
| 2007-09-30 | 36.81% |
| 2007-06-30 | 36.14% |
| 2007-03-31 | 36.52% |
| 2006-12-31 | 35.72% |
| 2006-09-30 | 36.16% |
| 2006-06-30 | 36.23% |
| 2006-03-31 | 36.20% |
| 2005-12-31 | 34.88% |
| 2005-09-30 | 29.80% |
| 2005-06-30 | 34.79% |
| 2005-03-31 | 8.52% |
| 2004-12-31 | 25.49% |
| 2004-09-30 | 33.87% |
| 2004-06-30 | 34.00% |
| 2004-03-31 | 34.00% |
| 2003-12-31 | 33.50% |
| 2003-09-30 | 33.50% |
| 2003-06-30 | 33.51% |
| 2003-03-31 | 34.12% |
| 2002-09-30 | 32.00% |
| 2002-06-30 | 32.00% |
