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 11.64% is 23% below its 5-year average of 15.16%, around the middle of its 5-year range (-18.94%–34.76%).
As of the fiscal period ended Tuesday, March 31, 2026. 26.85% below its 12-month average of 15.91%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
11.64%
TAX RATE AVG TTM
15.91%
TAX RATE AVG 3Y
15.68%
TAX RATE AVG 5Y
16.93%
TAX RATE AVG 10Y
16.36%
TAX RATE AVG 15Y
17.48%
TAX RATE AVG 20Y
15.46%
CURRENT VS TTM AVG
-26.85%
CURRENT VS 3Y AVG
-25.78%
CURRENT VS 5Y AVG
-31.26%
CURRENT VS 10Y AVG
-28.87%
CURRENT VS 15Y AVG
-33.42%
CURRENT VS 20Y AVG
-24.74%
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 | 11.64% |
| 2025-12-31 | 17.83% |
| 2025-09-30 | 13.02% |
| 2025-06-30 | 21.14% |
| 2025-03-30 | -18.94% |
| 2024-12-31 | 8.23% |
| 2024-09-30 | 22.48% |
| 2024-06-30 | 16.75% |
| 2024-03-31 | 19.90% |
| 2023-12-31 | -2.25% |
| 2023-09-30 | 34.76% |
| 2023-06-30 | 7.29% |
| 2023-03-31 | 17.34% |
| 2022-12-31 | 11.77% |
| 2022-09-30 | 20.32% |
| 2022-06-30 | 20.99% |
| 2022-03-31 | 18.40% |
| 2021-12-31 | 16.94% |
| 2021-09-30 | 19.78% |
| 2021-06-30 | 19.17% |
| 2021-03-31 | 21.73% |
| 2020-12-31 | 17.64% |
| 2020-09-30 | 10.88% |
| 2020-06-30 | 9.94% |
| 2020-03-31 | -2.18% |
| 2019-12-31 | 12.30% |
| 2019-09-30 | 29.67% |
| 2019-06-30 | 1.93% |
| 2019-03-31 | 17.95% |
| 2018-12-31 | 1.48% |
| 2018-09-30 | 11.68% |
| 2018-06-30 | 10.31% |
| 2018-03-31 | 15.22% |
| 2017-12-31 | 30.48% |
| 2017-09-30 | 24.50% |
| 2017-06-30 | 22.86% |
| 2017-03-31 | 22.62% |
| 2016-12-31 | 26.47% |
| 2016-09-30 | 15.48% |
| 2016-06-30 | 19.73% |
| 2016-03-31 | 18.27% |
| 2015-12-31 | 25.47% |
| 2015-09-30 | 34.57% |
| 2015-06-30 | 16.68% |
| 2015-03-31 | 16.33% |
| 2014-12-31 | 29.18% |
| 2014-09-30 | 23.39% |
| 2014-06-30 | 16.77% |
| 2014-03-31 | 50.56% |
| 2013-12-31 | 27.78% |
| 2013-09-30 | 21.19% |
| 2013-06-30 | 26.34% |
| 2013-03-31 | 33.30% |
| 2012-12-31 | 16.75% |
| 2012-09-30 | 9.77% |
| 2012-06-30 | 19.96% |
| 2012-03-31 | 8.27% |
| 2011-12-31 | 8.03% |
| 2011-09-30 | 13.98% |
| 2011-06-30 | 15.41% |
| 2011-03-31 | 13.53% |
| 2010-06-30 | -17.81% |
| 2008-09-30 | 2.42% |
| 2008-06-30 | 55.02% |
| 2008-03-31 | 0.77% |
| 2007-12-31 | 5.99% |
| 2007-09-30 | 8.51% |
| 2007-06-30 | 1.06% |
| 2007-03-31 | 6.74% |
| 2006-12-31 | -4.19% |
| 2006-09-30 | 7.59% |
| 2006-06-30 | 1.37% |
| 2006-03-31 | 5.58% |
| 2005-12-31 | 11.66% |
| 2005-09-30 | 2.73% |
| 2005-06-30 | 0.16% |
| 2005-03-31 | 2.96% |
