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 17.70% is 35% below its 4-year average of 27.42%, near the low end of its 4-year range (17.70%–75.26%).
As of the fiscal period ended Tuesday, March 31, 2026. 15.59% below its 12-month average of 20.97%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.70%
TAX RATE AVG TTM
20.97%
TAX RATE AVG 3Y
22.78%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-15.59%
CURRENT VS 3Y AVG
-22.31%
CURRENT VS 5Y AVG
N/A
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 | 17.70% |
| 2025-12-31 | 22.63% |
| 2025-09-30 | 22.65% |
| 2025-06-30 | 22.82% |
| 2025-03-31 | 19.03% |
| 2024-12-31 | 21.96% |
| 2024-09-30 | 24.11% |
| 2024-06-30 | 24.12% |
| 2024-03-31 | 23.60% |
| 2023-12-31 | 45.35% |
| 2023-09-30 | 75.26% |
| 2023-06-30 | 25.08% |
| 2023-03-31 | 21.79% |
| 2022-09-30 | 21.75% |
| 2022-06-30 | 28.46% |
| 2022-03-31 | 22.33% |
