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 17.99% is 19% above its 5-year average of 15.13%, near the high end of its 5-year range (-27.79%–21.71%).
As of the fiscal period ended Tuesday, March 31, 2026. 6.97% above its 12-month average of 16.82%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.99%
TAX RATE AVG TTM
16.82%
TAX RATE AVG 3Y
17.52%
TAX RATE AVG 5Y
17.96%
TAX RATE AVG 10Y
17.87%
TAX RATE AVG 15Y
21.97%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+6.97%
CURRENT VS 3Y AVG
+2.65%
CURRENT VS 5Y AVG
+0.16%
CURRENT VS 10Y AVG
+0.67%
CURRENT VS 15Y AVG
-18.11%
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 | 17.99% |
| 2025-12-31 | 10.14% |
| 2025-09-30 | 18.63% |
| 2025-06-30 | 17.65% |
| 2025-03-31 | 19.68% |
| 2024-12-31 | 20.40% |
| 2024-09-30 | 18.57% |
| 2024-06-30 | 17.12% |
| 2024-03-31 | 14.54% |
| 2023-12-31 | -27.79% |
| 2023-09-30 | 14.41% |
| 2023-06-30 | 21.43% |
| 2023-03-31 | 19.72% |
| 2022-12-31 | 17.45% |
| 2022-09-30 | 19.83% |
| 2022-06-30 | 21.71% |
| 2022-03-31 | 17.93% |
| 2021-12-31 | 15.65% |
| 2021-09-30 | 4.40% |
| 2021-06-30 | 21.52% |
| 2021-03-31 | 16.86% |
| 2020-12-31 | 32.64% |
| 2020-09-30 | -2.86% |
| 2020-03-31 | 15.74% |
| 2019-12-31 | 77.27% |
| 2019-09-30 | -1.47% |
| 2019-06-30 | 10.13% |
| 2019-03-31 | 37.96% |
| 2018-12-31 | 28.30% |
| 2018-09-30 | -26.42% |
| 2018-06-30 | 26.09% |
| 2018-03-31 | 20.65% |
| 2017-09-30 | 1.11% |
| 2017-06-30 | -13.46% |
| 2017-03-31 | 9.52% |
| 2016-12-31 | 406.53% |
| 2016-09-30 | 26.94% |
| 2016-06-30 | 27.91% |
| 2016-03-31 | 28.58% |
| 2015-12-31 | 32.12% |
| 2015-09-30 | 27.98% |
| 2015-06-30 | 27.58% |
| 2015-03-31 | 29.68% |
| 2014-12-31 | 29.36% |
| 2014-09-30 | 31.15% |
| 2014-06-30 | 28.39% |
| 2014-03-31 | 30.47% |
| 2013-12-31 | 27.55% |
| 2013-09-30 | 29.09% |
| 2013-06-30 | 18.71% |
| 2013-03-31 | 39.19% |
| 2012-12-31 | 36.33% |
| 2012-09-30 | 29.66% |
| 2012-06-30 | 37.12% |
| 2012-03-31 | 37.03% |
