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 17.43% is 25% above its 5-year average of 13.98%, near the high end of its 5-year range (7.03%–21.67%).
As of the fiscal period ended Tuesday, March 31, 2026. 15.59% above its 12-month average of 15.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.43%
TAX RATE AVG TTM
15.08%
TAX RATE AVG 3Y
14.69%
TAX RATE AVG 5Y
13.98%
TAX RATE AVG 10Y
14.81%
TAX RATE AVG 15Y
15.04%
TAX RATE AVG 20Y
14.76%
CURRENT VS TTM AVG
+15.59%
CURRENT VS 3Y AVG
+18.65%
CURRENT VS 5Y AVG
+24.71%
CURRENT VS 10Y AVG
+17.75%
CURRENT VS 15Y AVG
+15.96%
CURRENT VS 20Y AVG
+18.10%
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 | 17.43% |
| 2025-12-31 | 11.26% |
| 2025-09-30 | 16.32% |
| 2025-06-30 | 15.50% |
| 2025-03-31 | 14.90% |
| 2024-12-31 | 14.77% |
| 2024-09-30 | 14.91% |
| 2024-06-30 | 15.75% |
| 2024-03-31 | 14.72% |
| 2023-12-31 | 7.03% |
| 2023-09-30 | 13.50% |
| 2023-06-30 | 12.86% |
| 2023-03-31 | 14.43% |
| 2022-12-31 | 7.63% |
| 2022-09-30 | 13.34% |
| 2022-06-30 | 13.95% |
| 2022-03-31 | 10.86% |
| 2021-12-31 | 21.67% |
| 2021-09-30 | 12.42% |
| 2021-06-30 | 12.03% |
| 2021-03-31 | 12.71% |
| 2020-12-31 | 11.95% |
| 2020-09-30 | 15.13% |
| 2020-06-30 | 18.97% |
| 2020-03-31 | 16.01% |
| 2019-12-31 | 19.10% |
| 2019-09-30 | -16.32% |
| 2019-06-30 | 15.23% |
| 2019-03-31 | 15.57% |
| 2018-12-31 | 6.65% |
| 2018-09-30 | 19.93% |
| 2018-06-30 | 16.12% |
| 2018-03-31 | 14.49% |
| 2017-12-31 | 36.81% |
| 2017-09-30 | 24.47% |
| 2017-06-30 | 17.88% |
| 2017-03-31 | 14.17% |
| 2016-12-31 | 23.76% |
| 2016-06-30 | 16.57% |
| 2016-03-31 | 11.38% |
| 2015-12-31 | -37.48% |
| 2015-09-30 | -1.76% |
| 2015-06-30 | -242.36% |
| 2015-03-31 | -19.13% |
| 2014-12-31 | -86.56% |
| 2014-09-30 | 2.65% |
| 2014-06-30 | 2.25% |
| 2014-03-31 | 1.98% |
| 2013-12-31 | 22.36% |
| 2013-09-30 | 8.08% |
| 2013-06-30 | 21.53% |
| 2013-03-31 | 21.58% |
| 2012-09-30 | 11.63% |
| 2012-06-30 | 25.55% |
| 2012-03-31 | 25.69% |
| 2009-12-31 | -1.18% |
| 2003-12-31 | -67.36% |
