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 30.20% is 15% above its 5-year average of 26.34%, near the high end of its 5-year range (11.65%–33.60%).
As of the fiscal period ended Tuesday, March 31, 2026. 10.14% above its 12-month average of 27.42%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
30.20%
TAX RATE AVG TTM
27.42%
TAX RATE AVG 3Y
26.57%
TAX RATE AVG 5Y
26.71%
TAX RATE AVG 10Y
26.87%
TAX RATE AVG 15Y
31.24%
TAX RATE AVG 20Y
33.57%
CURRENT VS TTM AVG
+10.14%
CURRENT VS 3Y AVG
+13.65%
CURRENT VS 5Y AVG
+13.05%
CURRENT VS 10Y AVG
+12.40%
CURRENT VS 15Y AVG
-3.33%
CURRENT VS 20Y AVG
-10.03%
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 | 30.20% |
| 2025-12-31 | 33.60% |
| 2025-09-30 | 22.30% |
| 2025-06-30 | 24.60% |
| 2025-03-31 | 26.40% |
| 2024-12-31 | 26.60% |
| 2024-09-30 | 22.30% |
| 2024-06-30 | 26.25% |
| 2024-03-31 | 27.10% |
| 2023-12-31 | 26.63% |
| 2023-09-30 | 33.29% |
| 2023-06-30 | 27.50% |
| 2023-03-31 | 27.50% |
| 2022-12-31 | 23.11% |
| 2022-09-30 | 26.80% |
| 2022-06-30 | 26.30% |
| 2022-03-31 | 27.10% |
| 2021-12-31 | 11.65% |
| 2021-09-30 | 27.50% |
| 2021-06-30 | 29.40% |
| 2021-03-31 | 27.00% |
| 2020-12-31 | 20.12% |
| 2020-09-30 | 27.22% |
| 2020-06-30 | 29.43% |
| 2020-03-31 | 27.35% |
| 2019-12-31 | 20.00% |
| 2019-09-30 | 25.25% |
| 2019-06-30 | 23.68% |
| 2019-03-31 | 26.10% |
| 2018-12-31 | 23.72% |
| 2018-09-30 | 25.17% |
| 2018-06-30 | 25.50% |
| 2018-03-31 | 25.10% |
| 2017-12-31 | 65.68% |
| 2017-09-30 | 46.79% |
| 2017-06-30 | 38.10% |
| 2017-03-31 | 36.00% |
| 2016-12-31 | 37.43% |
| 2016-09-30 | 38.74% |
| 2016-06-30 | 38.71% |
| 2016-03-31 | 58.23% |
| 2015-12-31 | 40.78% |
| 2015-09-30 | 40.10% |
| 2015-06-30 | 40.32% |
| 2015-03-31 | 39.35% |
| 2014-12-31 | 37.02% |
| 2014-09-30 | 40.07% |
| 2014-06-30 | 39.40% |
| 2014-03-31 | 38.50% |
| 2013-09-30 | 40.50% |
| 2013-06-30 | 40.50% |
| 2013-03-31 | 38.00% |
| 2012-12-31 | 38.57% |
| 2012-09-30 | 39.96% |
| 2011-12-31 | 36.76% |
| 2011-09-30 | 37.58% |
| 2011-06-30 | 37.97% |
| 2011-03-31 | 36.63% |
| 2010-12-31 | 37.75% |
| 2010-09-30 | 38.75% |
| 2010-06-30 | 41.33% |
| 2010-03-31 | 29.75% |
| 2009-12-31 | 41.20% |
| 2009-09-30 | 44.40% |
| 2009-06-30 | 38.73% |
| 2009-03-31 | 41.70% |
| 2008-09-30 | 39.31% |
| 2008-06-30 | 39.43% |
| 2008-03-31 | 39.17% |
| 2007-12-31 | 38.37% |
| 2007-09-30 | 39.50% |
| 2007-06-30 | 39.61% |
| 2007-03-31 | 39.50% |
| 2006-12-31 | 33.52% |
| 2006-09-30 | 40.70% |
| 2006-06-30 | 40.10% |
| 2006-03-31 | 40.66% |
| 2005-12-31 | 39.92% |
| 2005-09-30 | 39.71% |
| 2005-06-30 | 37.90% |
| 2005-03-31 | 43.87% |
| 2004-12-31 | -252.27% |
| 2004-09-30 | -5.94% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | -111.29% |
| 2003-12-31 | 11.38% |
| 2003-09-30 | 0.15% |
| 2003-06-30 | 25.80% |
| 2003-03-31 | -3.60% |
