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 19.28% is 76% below its 5-year average of 79.23%, around the middle of its 5-year range (-364.58%–252.20%).
As of the fiscal period ended Tuesday, March 31, 2026. 78.24% below its 12-month average of 88.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-03-31): 19.28%.
TAX RATE
19.28%
TAX RATE AVG TTM
88.62%
TAX RATE AVG 3Y
24.87%
TAX RATE AVG 5Y
79.23%
TAX RATE AVG 10Y
38.75%
TAX RATE AVG 15Y
40.43%
TAX RATE AVG 20Y
39.57%
CURRENT VS TTM AVG
-78.24%
CURRENT VS 3Y AVG
-22.46%
CURRENT VS 5Y AVG
-75.66%
CURRENT VS 10Y AVG
-50.24%
CURRENT VS 15Y AVG
-52.31%
CURRENT VS 20Y AVG
-51.27%
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 | 19.28% |
| 2025-12-31 | -32.32% |
| 2025-09-30 | 252.20% |
| 2025-06-30 | 44.36% |
| 2025-03-31 | 159.57% |
| 2024-12-31 | 32.74% |
| 2024-03-31 | -364.58% |
| 2023-03-31 | 87.69% |
| 2022-06-30 | 142.27% |
| 2022-03-31 | 147.35% |
| 2021-12-31 | 33.59% |
| 2021-09-30 | 37.93% |
| 2021-06-30 | 52.38% |
| 2021-03-31 | 52.93% |
| 2020-12-31 | 28.48% |
| 2020-09-30 | 28.65% |
| 2019-12-31 | 63.46% |
| 2019-09-30 | 24.24% |
| 2018-09-30 | 25.16% |
| 2018-03-31 | 16.10% |
| 2017-12-31 | 816.42% |
| 2017-09-30 | 38.99% |
| 2017-06-30 | 36.14% |
| 2017-03-31 | 28.16% |
| 2016-12-31 | 33.82% |
| 2016-09-30 | 34.64% |
| 2016-06-30 | 28.11% |
| 2016-03-31 | 66.97% |
| 2015-12-31 | 45.43% |
| 2015-06-30 | 39.90% |
| 2015-03-31 | 40.48% |
| 2014-12-31 | 49.12% |
| 2014-09-30 | 49.01% |
| 2014-06-30 | 40.73% |
| 2014-03-31 | 51.91% |
| 2013-12-31 | 66.87% |
| 2013-09-30 | 42.98% |
| 2013-06-30 | 41.81% |
| 2012-12-31 | 50.29% |
| 2011-03-31 | 49.21% |
| 2010-12-31 | 32.88% |
| 2010-09-30 | 39.77% |
| 2010-06-30 | 33.91% |
| 2010-03-31 | 24.90% |
| 2009-12-31 | 36.86% |
| 2009-09-30 | 39.21% |
| 2009-06-30 | 41.91% |
| 2008-09-30 | 39.91% |
| 2008-06-30 | 39.19% |
| 2008-03-31 | 35.69% |
| 2007-09-30 | 48.51% |
| 2007-06-30 | 37.93% |
| 2007-03-31 | -150.06% |
| 2006-06-30 | 40.25% |
| 2006-03-31 | 35.47% |
| 2005-12-31 | 40.66% |
| 2005-09-30 | 39.72% |
| 2005-03-31 | 40.16% |
| 2004-12-31 | 37.19% |
| 2004-09-30 | 37.18% |
| 2004-06-30 | 35.92% |
| 2004-03-31 | 30.37% |
| 2003-12-31 | 35.97% |
| 2003-09-30 | 42.06% |
| 2003-06-30 | 32.67% |
| 2002-12-31 | -27.50% |
| 2002-09-30 | 0.00% |
