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 26.39% is 15% above its 5-year average of 22.89%, near the high end of its 5-year range (-11.16%–39.70%).
As of the fiscal period ended Tuesday, March 31, 2026. 48.77% above its 12-month average of 17.74%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
26.39%
TAX RATE AVG TTM
17.74%
TAX RATE AVG 3Y
23.57%
TAX RATE AVG 5Y
24.59%
TAX RATE AVG 10Y
26.60%
TAX RATE AVG 15Y
29.30%
TAX RATE AVG 20Y
29.81%
CURRENT VS TTM AVG
+48.77%
CURRENT VS 3Y AVG
+11.95%
CURRENT VS 5Y AVG
+7.29%
CURRENT VS 10Y AVG
-0.81%
CURRENT VS 15Y AVG
-9.95%
CURRENT VS 20Y AVG
-11.48%
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 | 26.39% |
| 2025-12-31 | 31.35% |
| 2025-09-30 | -11.16% |
| 2025-06-30 | 26.62% |
| 2025-03-31 | 15.49% |
| 2024-12-31 | 39.70% |
| 2024-09-30 | 26.21% |
| 2024-06-30 | 16.07% |
| 2024-03-31 | 19.02% |
| 2023-12-31 | 9.46% |
| 2023-09-30 | 22.63% |
| 2023-06-30 | 25.70% |
| 2023-03-31 | 24.20% |
| 2022-12-31 | 31.88% |
| 2022-09-30 | 32.43% |
| 2022-06-30 | 22.76% |
| 2022-03-31 | 13.01% |
| 2021-12-31 | 25.19% |
| 2021-09-30 | 22.44% |
| 2021-06-30 | 29.31% |
| 2021-03-31 | 32.00% |
| 2020-12-31 | 36.15% |
| 2020-09-30 | 25.59% |
| 2020-06-30 | 24.47% |
| 2020-03-31 | 28.43% |
| 2019-12-31 | 23.79% |
| 2019-09-30 | 28.54% |
| 2019-06-30 | 27.50% |
| 2019-03-31 | 5.39% |
| 2018-12-31 | 33.19% |
| 2018-09-30 | -15.25% |
| 2018-06-30 | 26.98% |
| 2018-03-31 | 27.54% |
| 2017-12-31 | 90.87% |
| 2017-09-30 | 35.54% |
| 2017-06-30 | 33.59% |
| 2017-03-31 | 28.33% |
| 2016-12-31 | 27.02% |
| 2016-09-30 | 27.43% |
| 2016-06-30 | 26.98% |
| 2016-03-31 | 27.30% |
| 2015-12-31 | 40.97% |
| 2015-09-30 | 90.38% |
| 2015-06-30 | 17.60% |
| 2014-12-31 | 43.11% |
| 2014-09-30 | 51.74% |
| 2014-06-30 | 33.21% |
| 2014-03-31 | 33.82% |
| 2013-12-31 | 44.60% |
| 2013-09-30 | 28.56% |
| 2013-06-30 | 40.21% |
| 2013-03-31 | 28.22% |
| 2012-12-31 | 43.38% |
| 2012-09-30 | 30.77% |
| 2012-06-30 | 33.46% |
| 2012-03-31 | 33.29% |
| 2011-12-31 | 28.29% |
| 2011-09-30 | 34.88% |
| 2011-06-30 | 34.64% |
| 2011-03-31 | 33.13% |
| 2010-12-31 | 19.09% |
| 2010-09-30 | 28.82% |
| 2010-06-30 | 16.41% |
| 2010-03-31 | 35.17% |
| 2009-12-31 | 10.88% |
| 2009-09-30 | 25.92% |
| 2009-06-30 | 32.70% |
| 2009-03-31 | 36.92% |
| 2008-12-31 | 29.62% |
| 2008-09-30 | 29.80% |
| 2008-06-30 | 32.50% |
| 2008-03-31 | 33.84% |
| 2007-12-31 | 27.98% |
| 2007-09-30 | 32.74% |
| 2007-06-30 | 42.39% |
| 2007-03-31 | 32.55% |
| 2006-12-31 | 21.57% |
| 2006-09-30 | 33.58% |
| 2006-06-30 | 34.17% |
| 2006-03-31 | 30.60% |
| 2005-12-31 | 15.90% |
| 2005-09-30 | 37.70% |
| 2005-06-30 | 32.52% |
| 2005-03-31 | 38.76% |
| 2004-12-31 | -0.55% |
| 2004-09-30 | 35.27% |
| 2004-06-30 | 37.77% |
| 2004-03-31 | 38.17% |
| 2003-12-31 | 32.84% |
| 2003-09-30 | 128.81% |
| 2003-06-30 | 24.07% |
| 2003-03-31 | 34.93% |
| 2002-06-30 | 31.42% |
