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 25.11% is 20% below its 5-year average of 31.37%, around the middle of its 5-year range (-0.53%–63.42%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.78% below its 12-month average of 27.53%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.11%
TAX RATE AVG TTM
27.53%
TAX RATE AVG 3Y
31.72%
TAX RATE AVG 5Y
31.37%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-8.78%
CURRENT VS 3Y AVG
-20.82%
CURRENT VS 5Y AVG
-19.95%
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 |
|---|---|
| 2026-03-31 | 25.11% |
| 2025-12-31 | 25.70% |
| 2025-09-30 | 52.19% |
| 2025-06-30 | 17.61% |
| 2025-03-31 | 17.02% |
| 2024-12-31 | 45.67% |
| 2024-03-31 | 63.42% |
| 2023-12-31 | 7.00% |
| 2022-09-30 | -0.53% |
| 2021-03-31 | 60.53% |
| 2020-12-31 | 22.05% |
| 2019-09-30 | -68.09% |