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 16.80% is 21% above its 5-year average of 13.85%, near the high end of its 5-year range (-25.88%–27.18%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.44% below its 12-month average of 17.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.80%
TAX RATE AVG TTM
17.58%
TAX RATE AVG 3Y
20.48%
TAX RATE AVG 5Y
20.43%
TAX RATE AVG 10Y
10.95%
TAX RATE AVG 15Y
18.04%
TAX RATE AVG 20Y
22.11%
CURRENT VS TTM AVG
-4.44%
CURRENT VS 3Y AVG
-17.99%
CURRENT VS 5Y AVG
-17.78%
CURRENT VS 10Y AVG
+53.39%
CURRENT VS 15Y AVG
-6.88%
CURRENT VS 20Y AVG
-24.02%
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 | 16.80% |
| 2025-12-31 | 17.69% |
| 2025-09-30 | 16.98% |
| 2025-06-30 | 20.43% |
| 2025-03-31 | 15.99% |
| 2024-12-31 | 19.88% |
| 2024-09-30 | 23.17% |
| 2024-06-30 | 23.82% |
| 2024-03-31 | 19.90% |
| 2023-12-31 | -2.13% |
| 2023-09-30 | 22.42% |
| 2023-06-30 | 23.05% |
| 2023-03-31 | 25.65% |
| 2022-12-31 | -25.88% |
| 2022-09-30 | 27.18% |
| 2022-03-31 | -3.95% |
| 2021-09-30 | 12.46% |
| 2021-06-30 | 21.04% |
| 2021-03-31 | -11.37% |
| 2020-12-31 | 15.45% |
| 2020-09-30 | 15.71% |
| 2020-06-30 | 20.68% |
| 2020-03-31 | -44.09% |
| 2019-12-31 | 9.67% |
| 2019-09-30 | -10.23% |
| 2019-06-30 | 9.99% |
| 2019-03-31 | -128.80% |
| 2018-12-31 | 8.31% |
| 2018-09-30 | -11.90% |
| 2018-06-30 | 10.05% |
| 2018-03-31 | -49.32% |
| 2017-12-31 | 57.63% |
| 2017-06-30 | -31.76% |
| 2017-03-31 | -525.01% |
| 2016-12-31 | 9.86% |
| 2016-09-30 | 25.41% |
| 2016-03-31 | 16.08% |
| 2015-09-30 | 38.39% |
| 2015-06-30 | -26.06% |
| 2015-03-31 | 22.04% |
| 2014-12-31 | 39.24% |
| 2014-09-30 | -66.14% |
| 2014-06-30 | 251.29% |
| 2014-03-31 | 38.40% |
| 2013-12-31 | 29.64% |
| 2013-09-30 | 28.26% |
| 2013-06-30 | 40.24% |
| 2013-03-31 | 32.82% |
| 2012-12-31 | 44.67% |
| 2012-09-30 | 37.41% |
| 2012-06-30 | 37.32% |
| 2012-03-31 | 46.54% |
| 2011-12-31 | 5.42% |
| 2011-09-30 | -88.97% |
| 2011-06-30 | 17.26% |
| 2011-03-31 | 44.30% |
| 2010-09-30 | 40.94% |
| 2010-06-30 | 25.01% |
| 2009-09-30 | 59.00% |
| 2009-06-30 | 34.21% |
| 2008-12-31 | 23.00% |
| 2008-03-31 | 42.73% |
| 2007-09-30 | 40.06% |
| 2007-06-30 | 33.65% |
| 2007-03-31 | 38.06% |
| 2006-09-30 | 43.96% |
| 2006-06-30 | 42.39% |
| 2006-03-31 | 41.71% |
| 2005-12-31 | 39.17% |
| 2005-09-30 | 17.14% |
| 2005-06-30 | 38.77% |
| 2005-03-31 | 51.46% |
| 2004-09-30 | 31.21% |
| 2004-06-30 | 38.66% |
| 2004-03-31 | 39.27% |
| 2003-12-31 | 41.08% |
| 2003-09-30 | 30.01% |
| 2003-06-30 | 37.44% |
| 2002-12-31 | -47.43% |
| 2002-09-30 | 203.65% |
