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 17.77% is in line with its 5-year average of 19.65%, around the middle of its 5-year range (-0.15%–54.35%).
As of the fiscal period ended Tuesday, March 31, 2026. 92.73% above its 12-month average of 9.22%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.77%
TAX RATE AVG TTM
9.22%
TAX RATE AVG 3Y
14.93%
TAX RATE AVG 5Y
15.83%
TAX RATE AVG 10Y
15.39%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+92.73%
CURRENT VS 3Y AVG
+19.06%
CURRENT VS 5Y AVG
+12.25%
CURRENT VS 10Y AVG
+15.47%
CURRENT VS 15Y AVG
N/A
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 | 17.77% |
| 2025-09-30 | 3.80% |
| 2025-06-30 | -0.15% |
| 2025-03-31 | 15.46% |
| 2024-12-31 | 6.46% |
| 2024-09-30 | 15.78% |
| 2024-06-30 | 12.95% |
| 2024-03-31 | 18.75% |
| 2023-12-31 | 42.17% |
| 2023-09-30 | 23.88% |
| 2023-06-30 | 28.88% |
| 2023-03-31 | 20.61% |
| 2022-12-31 | 15.59% |
| 2022-09-30 | 22.71% |
| 2022-06-30 | 23.34% |
| 2021-06-30 | 54.35% |
| 2021-03-31 | 11.64% |
| 2020-12-31 | -1.39% |
| 2020-09-30 | 8.34% |
| 2020-06-30 | 4.63% |
| 2020-03-31 | 23.59% |
| 2019-12-31 | 11.88% |
| 2019-09-30 | 52.34% |
| 2019-06-30 | 44.56% |
| 2019-03-31 | 3.72% |
| 2018-09-30 | 1.76% |
| 2018-03-31 | 9.27% |
| 2017-09-30 | 5.16% |
| 2017-03-31 | 24.35% |
| 2013-09-30 | -0.50% |
| 2013-03-31 | 7.14% |
