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 28.90% is 62% above its 5-year average of 17.86%, near the high end of its 5-year range (-48.33%–61.23%).
As of the fiscal period ended Tuesday, March 31, 2026. 50.53% above its 12-month average of 19.20%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.90%
TAX RATE AVG TTM
19.20%
TAX RATE AVG 3Y
13.35%
TAX RATE AVG 5Y
21.89%
TAX RATE AVG 10Y
21.44%
TAX RATE AVG 15Y
21.80%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+50.53%
CURRENT VS 3Y AVG
+116.42%
CURRENT VS 5Y AVG
+32.01%
CURRENT VS 10Y AVG
+34.81%
CURRENT VS 15Y AVG
+32.57%
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 | 28.90% |
| 2025-12-31 | -15.79% |
| 2025-09-30 | 27.91% |
| 2025-06-30 | 28.05% |
| 2025-03-31 | 26.93% |
| 2024-12-31 | 1.34% |
| 2024-09-30 | 28.23% |
| 2024-06-30 | 27.21% |
| 2024-03-31 | 27.20% |
| 2023-12-31 | -48.33% |
| 2023-03-31 | 15.24% |
| 2022-06-30 | 22.44% |
| 2022-03-31 | 20.15% |
| 2021-12-31 | 61.23% |
| 2021-09-30 | 18.89% |
| 2021-06-30 | 16.95% |
| 2021-03-31 | 17.06% |
| 2020-12-31 | 10.99% |
| 2020-09-30 | 14.90% |
| 2020-06-30 | 25.48% |
| 2020-03-31 | 18.83% |
| 2019-12-31 | 29.88% |
| 2019-09-30 | 19.92% |
| 2019-06-30 | 20.64% |
| 2019-03-31 | 19.24% |
| 2018-12-31 | 18.03% |
| 2018-09-30 | 21.02% |
| 2018-06-30 | 21.35% |
| 2018-03-31 | 20.08% |
| 2017-12-31 | 17.73% |
| 2017-09-30 | 18.80% |
| 2017-06-30 | 20.44% |
| 2017-03-31 | 21.44% |
| 2016-12-31 | 18.26% |
| 2016-09-30 | 23.38% |
| 2016-06-30 | 21.33% |
| 2016-03-31 | 20.58% |
| 2015-12-31 | 14.07% |
| 2015-09-30 | 18.99% |
| 2015-06-30 | 16.35% |
| 2015-03-31 | 18.35% |
| 2014-12-31 | 25.55% |
| 2014-09-30 | 11.32% |
| 2014-06-30 | 39.98% |
| 2014-03-31 | 9.36% |
| 2013-09-30 | 30.35% |
| 2013-06-30 | -79.57% |
| 2012-12-31 | -97.54% |
| 2012-09-30 | 51.02% |
| 2012-06-30 | 36.50% |
| 2012-03-31 | -22.22% |
| 2011-12-31 | 19.61% |
| 2011-09-30 | 31.06% |
| 2011-06-30 | 53.24% |
| 2011-03-31 | 23.83% |
| 2010-12-31 | 20.53% |
| 2010-09-30 | 29.90% |
| 2010-06-30 | 34.05% |
| 2009-03-31 | 37.88% |
