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 17.07% is 42% above its 5-year average of 11.99%, around the middle of its 5-year range (-41.49%–60.79%).
As of the fiscal period ended Tuesday, March 31, 2026. 6.69% above its 12-month average of 16.00%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.07%
TAX RATE AVG TTM
16.00%
TAX RATE AVG 3Y
14.12%
TAX RATE AVG 5Y
14.97%
TAX RATE AVG 10Y
14.54%
TAX RATE AVG 15Y
16.51%
TAX RATE AVG 20Y
16.76%
CURRENT VS TTM AVG
+6.69%
CURRENT VS 3Y AVG
+20.91%
CURRENT VS 5Y AVG
+14.04%
CURRENT VS 10Y AVG
+17.39%
CURRENT VS 15Y AVG
+3.41%
CURRENT VS 20Y AVG
+1.87%
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 | 17.07% |
| 2025-12-31 | 21.47% |
| 2025-09-30 | 23.94% |
| 2025-06-30 | 12.34% |
| 2025-03-31 | 5.19% |
| 2024-12-31 | 11.52% |
| 2024-09-30 | 16.98% |
| 2024-06-30 | 16.98% |
| 2023-12-31 | -6.25% |
| 2023-09-30 | -23.23% |
| 2023-06-30 | -41.49% |
| 2023-03-31 | 21.97% |
| 2022-12-31 | 8.24% |
| 2022-09-30 | -33.50% |
| 2022-06-30 | 12.10% |
| 2022-03-31 | 52.73% |
| 2021-12-31 | 14.49% |
| 2021-09-30 | 60.79% |
| 2021-06-30 | 14.04% |
| 2021-03-31 | 34.49% |
| 2020-12-31 | 14.09% |
| 2020-09-30 | 5.95% |
| 2020-03-31 | 5.22% |
| 2019-12-31 | 25.39% |
| 2019-06-30 | 51.51% |
| 2019-03-31 | 14.64% |
| 2018-12-31 | 44.26% |
| 2018-09-30 | -22.72% |
| 2018-06-30 | 10.05% |
| 2018-03-31 | 14.17% |
| 2017-12-31 | 127.65% |
| 2017-09-30 | 12.71% |
| 2017-06-30 | 12.40% |
| 2017-03-31 | 129.26% |
| 2016-12-31 | -7.01% |
| 2016-06-24 | 16.25% |
| 2016-03-25 | 13.80% |
| 2015-12-25 | 21.50% |
| 2015-09-30 | 85.44% |
| 2015-06-26 | 28.78% |
| 2015-03-27 | 21.60% |
| 2014-12-26 | 18.58% |
| 2014-09-30 | 21.27% |
| 2014-06-27 | 38.40% |
| 2014-03-28 | 18.81% |
| 2013-12-27 | 19.22% |
| 2013-09-30 | 86.39% |
| 2013-06-28 | -15.00% |
| 2013-03-29 | 54.94% |
| 2012-12-28 | 18.60% |
| 2012-09-30 | -119.51% |
| 2012-06-29 | 12.30% |
| 2012-03-30 | 18.95% |
| 2011-12-30 | 18.94% |
| 2011-09-30 | 14.35% |
| 2011-06-24 | 18.98% |
| 2011-03-25 | 18.95% |
| 2010-12-24 | 19.08% |
| 2010-09-30 | 13.43% |
| 2010-06-25 | 6.78% |
| 2010-03-26 | 22.66% |
| 2009-12-25 | 1.35% |
| 2009-09-30 | -34.07% |
| 2009-06-26 | 23.04% |
| 2008-09-30 | 98.21% |
| 2008-06-27 | 21.01% |
| 2008-03-28 | 20.93% |
| 2007-12-28 | 20.98% |
| 2007-09-30 | 20.95% |
| 2007-06-29 | 21.12% |
| 2007-03-30 | 6.03% |
| 2006-12-29 | 22.94% |
| 2006-09-30 | 20.92% |
| 2006-06-30 | -47.42% |
| 2006-03-31 | 17.46% |
| 2005-12-30 | 17.41% |
| 2005-09-30 | 24.81% |
| 2005-07-01 | 27.07% |
| 2005-04-01 | -93.82% |
| 2004-12-31 | 21.12% |
| 2004-09-30 | 24.22% |
| 2004-06-30 | 30.88% |
| 2004-03-31 | 31.16% |
| 2003-12-31 | 21.64% |
| 2003-09-30 | 31.00% |
| 2003-06-30 | 31.00% |
| 2003-03-31 | 30.93% |
| 2002-12-31 | 31.05% |
| 2002-09-30 | 29.97% |
| 2002-06-30 | 36.78% |
