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 16.70% is 107% above its 5-year average of 8.08%, near the high end of its 5-year range (-12.86%–16.70%).
As of the fiscal period ended Wednesday, December 31, 2025. 19.25% above its 12-month average of 14.01%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.70%
TAX RATE AVG TTM
14.01%
TAX RATE AVG 3Y
10.12%
TAX RATE AVG 5Y
9.82%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+19.25%
CURRENT VS 3Y AVG
+65.06%
CURRENT VS 5Y AVG
+70.03%
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 |
|---|---|
| 2025-12-31 | 16.70% |
| 2025-09-30 | 14.29% |
| 2025-06-30 | 16.03% |
| 2024-12-31 | 9.01% |
| 2024-09-30 | 3.72% |
| 2024-06-30 | 15.76% |
| 2023-12-31 | 3.67% |
| 2023-09-30 | 1.37% |
| 2023-03-31 | 10.53% |
| 2021-09-30 | 14.33% |
| 2021-06-30 | 4.38% |
| 2021-03-31 | 8.11% |
| 2020-12-31 | -12.86% |
| 2020-09-30 | -2.52% |
| 2020-06-30 | -724.13% |
