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 12.62% is 328% above its 5-year average of -5.54%, near the high end of its 5-year range (-113.85%–29.48%).
As of the fiscal period ended Tuesday, March 31, 2026. 29.01% above its 12-month average of 9.78%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.62%
TAX RATE AVG TTM
9.78%
TAX RATE AVG 3Y
11.99%
TAX RATE AVG 5Y
14.15%
TAX RATE AVG 10Y
17.83%
TAX RATE AVG 15Y
25.69%
TAX RATE AVG 20Y
29.36%
CURRENT VS TTM AVG
+29.01%
CURRENT VS 3Y AVG
+5.25%
CURRENT VS 5Y AVG
-10.82%
CURRENT VS 10Y AVG
-29.23%
CURRENT VS 15Y AVG
-50.88%
CURRENT VS 20Y AVG
-57.03%
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 | 12.62% |
| 2025-12-31 | -1.29% |
| 2025-09-30 | 13.61% |
| 2025-06-30 | 19.42% |
| 2025-03-31 | 4.54% |
| 2024-12-31 | -43.00% |
| 2024-09-30 | 6.98% |
| 2024-06-30 | 0.69% |
| 2024-03-31 | 15.42% |
| 2023-12-31 | 20.52% |
| 2023-09-30 | -113.85% |
| 2023-06-30 | 20.56% |
| 2023-03-31 | 18.80% |
| 2022-12-31 | 21.44% |
| 2022-09-30 | -107.27% |
| 2022-06-30 | -33.67% |
| 2021-12-31 | 29.48% |
| 2021-03-31 | 15.29% |
| 2020-12-31 | 22.06% |
| 2020-09-30 | 17.39% |
| 2020-06-30 | 19.46% |
| 2020-03-31 | 8.94% |
| 2019-12-31 | 18.32% |
| 2019-09-30 | 6.93% |
| 2019-06-30 | -15.04% |
| 2019-03-31 | 17.55% |
| 2018-12-31 | 0.50% |
| 2018-09-30 | 22.12% |
| 2018-06-30 | 26.50% |
| 2018-03-31 | 26.58% |
| 2017-12-31 | -208.39% |
| 2017-09-30 | 38.95% |
| 2017-06-30 | 35.12% |
| 2017-03-31 | 20.28% |
| 2016-09-30 | 36.50% |
| 2016-06-30 | 32.73% |
| 2016-03-31 | 37.53% |
| 2015-12-31 | 29.93% |
| 2015-09-30 | 39.36% |
| 2015-06-30 | 35.03% |
| 2015-03-31 | 40.45% |
| 2014-12-31 | 39.05% |
| 2014-09-30 | 37.02% |
| 2014-06-30 | 34.57% |
| 2014-03-31 | 40.25% |
| 2013-12-31 | 34.21% |
| 2013-09-30 | 40.91% |
| 2013-06-30 | 39.56% |
| 2013-03-31 | 40.74% |
| 2012-12-31 | 37.95% |
| 2012-09-30 | 40.99% |
| 2012-06-30 | 40.90% |
| 2012-03-31 | 30.07% |
| 2011-12-31 | 37.93% |
| 2011-09-30 | 43.13% |
| 2011-06-30 | 41.50% |
| 2011-03-31 | 41.59% |
| 2010-12-31 | 41.24% |
| 2010-09-30 | 40.25% |
| 2010-06-30 | 35.84% |
| 2010-03-31 | 42.03% |
| 2009-12-31 | 31.84% |
| 2009-09-30 | 40.85% |
| 2009-06-30 | 43.56% |
| 2009-03-31 | 40.64% |
| 2008-12-31 | 38.02% |
| 2008-09-30 | 41.23% |
| 2008-06-30 | 445.83% |
| 2008-03-31 | 35.03% |
| 2007-12-31 | 61.75% |
| 2007-09-30 | 38.57% |
| 2007-06-30 | 37.26% |
| 2007-03-31 | 43.89% |
| 2006-12-31 | 27.99% |
| 2006-09-30 | 37.98% |
| 2006-03-31 | 41.81% |
| 2005-12-31 | 38.25% |
| 2005-09-30 | 41.31% |
| 2005-06-30 | 36.88% |
| 2005-03-31 | 37.09% |
| 2004-12-31 | 32.56% |
| 2004-09-30 | 41.35% |
| 2004-06-30 | 30.41% |
| 2004-03-31 | 39.91% |
| 2003-12-31 | 35.38% |
| 2003-09-30 | 35.45% |
| 2003-06-30 | 32.13% |
| 2003-03-31 | 36.44% |
| 2002-12-31 | 33.77% |
| 2002-09-30 | 37.46% |
