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 18.60% is in line with its 5-year average of 17.07%, around the middle of its 5-year range (11.58%–22.71%).
As of the fiscal period ended Tuesday, March 31, 2026. 10.75% below its 12-month average of 20.84%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-03-31): 18.60%.
TAX RATE
18.60%
TAX RATE AVG TTM
20.84%
TAX RATE AVG 3Y
17.93%
TAX RATE AVG 5Y
17.07%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-10.75%
CURRENT VS 3Y AVG
+3.75%
CURRENT VS 5Y AVG
+8.97%
CURRENT VS 10Y AVG
N/A
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 | 18.60% |
| 2025-09-30 | 22.71% |
| 2025-03-31 | 21.22% |
| 2024-09-30 | 16.97% |
| 2023-09-30 | 16.50% |
| 2023-03-31 | 11.58% |
| 2022-09-30 | 16.50% |
| 2022-03-31 | 16.35% |
| 2021-09-30 | 16.35% |
| 2021-03-31 | 13.93% |
| 2020-09-30 | 13.93% |
