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 20.79% is 59% above its 5-year average of 13.06%, near the high end of its 5-year range (-4.27%–20.79%).
As of the fiscal period ended Tuesday, March 31, 2026. 40.48% above its 12-month average of 14.80%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.79%
TAX RATE AVG TTM
14.80%
TAX RATE AVG 3Y
12.05%
TAX RATE AVG 5Y
13.06%
TAX RATE AVG 10Y
15.24%
TAX RATE AVG 15Y
20.81%
TAX RATE AVG 20Y
23.34%
CURRENT VS TTM AVG
+40.48%
CURRENT VS 3Y AVG
+72.56%
CURRENT VS 5Y AVG
+59.17%
CURRENT VS 10Y AVG
+36.46%
CURRENT VS 15Y AVG
-0.09%
CURRENT VS 20Y AVG
-10.94%
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 | 20.79% |
| 2025-12-31 | 19.84% |
| 2025-09-30 | 19.27% |
| 2025-06-30 | 9.00% |
| 2025-03-31 | 5.10% |
| 2024-12-31 | 15.09% |
| 2024-09-30 | 14.97% |
| 2024-06-30 | 0.52% |
| 2024-03-31 | 14.97% |
| 2023-12-31 | 0.52% |
| 2023-09-30 | 11.41% |
| 2023-06-30 | 13.92% |
| 2023-03-31 | 11.23% |
| 2022-12-31 | 14.37% |
| 2022-09-30 | 17.43% |
| 2022-06-30 | 15.46% |
| 2022-03-31 | 17.38% |
| 2021-12-31 | 15.34% |
| 2021-09-30 | 11.56% |
| 2021-06-30 | -4.27% |
| 2021-03-31 | -1.25% |
| 2020-12-31 | 15.58% |
| 2020-09-30 | 12.09% |
| 2020-06-30 | -59.19% |
| 2020-03-31 | -6.03% |
| 2019-12-31 | 8.18% |
| 2019-09-30 | 24.54% |
| 2019-06-30 | 15.48% |
| 2019-03-31 | 4.46% |
| 2018-12-31 | 19.88% |
| 2018-09-30 | 22.21% |
| 2018-06-30 | 32.62% |
| 2018-03-31 | 22.18% |
| 2017-12-31 | 103.90% |
| 2017-09-30 | 10.67% |
| 2017-06-30 | 19.76% |
| 2017-03-31 | 20.77% |
| 2016-12-31 | 32.15% |
| 2016-09-30 | 28.97% |
| 2016-06-30 | 38.99% |
| 2016-03-31 | 31.54% |
| 2015-12-31 | 28.70% |
| 2015-09-30 | 35.62% |
| 2015-06-30 | 34.07% |
| 2015-03-31 | 26.08% |
| 2014-12-31 | 26.90% |
| 2014-09-30 | 33.69% |
| 2014-06-30 | 37.16% |
| 2014-03-31 | 22.28% |
| 2013-12-31 | 33.54% |
| 2013-09-30 | 35.11% |
| 2013-06-30 | 31.45% |
| 2013-03-31 | -32.83% |
| 2012-12-31 | 34.16% |
| 2012-09-30 | 41.70% |
| 2012-06-30 | 39.04% |
| 2012-03-31 | 24.79% |
| 2011-12-31 | 35.32% |
| 2011-09-30 | 36.33% |
| 2011-06-30 | 25.56% |
| 2011-03-31 | 28.78% |
| 2010-12-31 | 31.01% |
| 2010-09-30 | 39.20% |
| 2010-06-30 | 31.82% |
| 2010-03-31 | 26.26% |
| 2009-12-31 | 38.19% |
| 2009-09-30 | 39.25% |
| 2009-06-30 | 33.73% |
| 2009-03-31 | -378.99% |
| 2008-12-31 | 25.37% |
| 2008-09-30 | 39.33% |
| 2008-06-30 | 35.03% |
| 2008-03-31 | 39.83% |
| 2007-12-31 | 37.79% |
| 2007-09-30 | 38.69% |
| 2007-06-30 | 34.47% |
| 2007-03-31 | 30.54% |
| 2006-12-31 | 30.63% |
| 2006-09-30 | 39.40% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
