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 2.83% is 27% below its 2-year average of 3.85%, around the middle of its 2-year range (0.56%–7.61%).
As of the fiscal period ended Tuesday, March 31, 2026. 21.86% below its 12-month average of 3.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
2.83%
TAX RATE AVG TTM
3.62%
TAX RATE AVG 3Y
N/A
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-21.86%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 2.83% |
| 2025-03-31 | 4.41% |
| 2024-06-30 | 7.61% |
| 2024-03-31 | 0.56% |
