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 21.83% is 206% above its 5-year average of -20.63%, near the high end of its 5-year range (-754.93%–24.44%).
As of the fiscal period ended Tuesday, March 31, 2026. 7.53% above its 12-month average of 20.30%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.83%
TAX RATE AVG TTM
20.30%
TAX RATE AVG 3Y
17.68%
TAX RATE AVG 5Y
16.09%
TAX RATE AVG 10Y
11.78%
TAX RATE AVG 15Y
10.39%
TAX RATE AVG 20Y
9.63%
CURRENT VS TTM AVG
+7.53%
CURRENT VS 3Y AVG
+23.43%
CURRENT VS 5Y AVG
+35.70%
CURRENT VS 10Y AVG
+85.32%
CURRENT VS 15Y AVG
+110.00%
CURRENT VS 20Y AVG
+126.61%
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 | 21.83% |
| 2025-12-31 | 18.90% |
| 2025-09-30 | 13.28% |
| 2025-06-30 | 24.44% |
| 2025-03-31 | 23.06% |
| 2024-12-31 | -754.93% |
| 2024-09-30 | 17.14% |
| 2024-06-30 | 19.09% |
| 2024-03-31 | 11.89% |
| 2023-12-31 | 18.94% |
| 2023-09-30 | 12.11% |
| 2023-06-30 | 16.29% |
| 2023-03-31 | 15.26% |
| 2022-12-31 | 15.40% |
| 2022-09-30 | 18.13% |
| 2022-06-30 | 16.17% |
| 2022-03-31 | 16.68% |
| 2021-12-31 | 11.34% |
| 2021-09-30 | 11.75% |
| 2021-06-30 | 13.34% |
| 2021-03-31 | 6.70% |
| 2020-12-31 | 3.50% |
| 2020-09-30 | 11.06% |
| 2020-06-30 | 9.01% |
| 2020-03-31 | -22.15% |
| 2019-12-31 | 2.96% |
| 2019-09-30 | 8.55% |
| 2019-06-30 | 7.41% |
| 2019-03-31 | -4.48% |
| 2018-12-31 | 15.44% |
| 2018-09-30 | 12.81% |
| 2018-06-30 | 10.73% |
| 2018-03-31 | 2.76% |
| 2017-12-31 | 54.79% |
| 2017-09-30 | 5.76% |
| 2017-06-30 | 7.36% |
| 2017-03-31 | 3.17% |
| 2016-12-31 | 10.12% |
| 2016-09-30 | 8.92% |
| 2016-06-30 | 7.64% |
| 2016-03-31 | 3.15% |
| 2015-12-31 | 18.09% |
| 2015-09-30 | 15.81% |
| 2015-06-30 | 23.65% |
| 2015-03-31 | 8.25% |
| 2014-12-31 | 7.44% |
| 2014-09-30 | -5.38% |
| 2014-06-30 | 7.28% |
| 2014-03-31 | 2.77% |
| 2013-12-31 | 6.06% |
| 2013-09-30 | 13.81% |
| 2013-06-30 | -6.96% |
| 2013-03-31 | -8.89% |
| 2012-12-31 | 74.43% |
| 2012-09-30 | 8.57% |
| 2012-06-30 | 7.68% |
| 2012-03-31 | 9.35% |
| 2011-12-31 | 2.27% |
| 2011-09-30 | -8.29% |
| 2011-06-30 | 14.30% |
| 2011-03-31 | 9.81% |
| 2010-12-31 | 13.10% |
| 2010-09-30 | 2.20% |
| 2010-06-30 | 10.27% |
| 2010-03-31 | 4.32% |
| 2009-12-31 | -1.90% |
| 2009-09-30 | 4.91% |
| 2009-06-30 | -0.82% |
| 2008-12-31 | -17.47% |
| 2008-09-30 | 4.20% |
| 2008-06-30 | 8.31% |
| 2008-03-31 | 12.17% |
| 2007-12-31 | 19.56% |
| 2007-09-30 | 15.14% |
| 2007-03-31 | 96.02% |
| 2006-12-31 | 183.10% |
| 2006-06-30 | 54.69% |
| 2005-12-31 | 37.06% |
| 2005-09-30 | 42.24% |
