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 24.22% is 192% above its 4-year average of 8.29%, near the high end of its 4-year range (-216.98%–27.66%).
As of the fiscal period ended Tuesday, March 31, 2026. 10.95% above its 12-month average of 21.83%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.22%
TAX RATE AVG TTM
21.83%
TAX RATE AVG 3Y
20.90%
TAX RATE AVG 5Y
22.34%
TAX RATE AVG 10Y
25.59%
TAX RATE AVG 15Y
29.99%
TAX RATE AVG 20Y
31.75%
CURRENT VS TTM AVG
+10.95%
CURRENT VS 3Y AVG
+15.89%
CURRENT VS 5Y AVG
+8.40%
CURRENT VS 10Y AVG
-5.37%
CURRENT VS 15Y AVG
-19.25%
CURRENT VS 20Y AVG
-23.74%
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 | 24.22% |
| 2025-12-31 | 25.79% |
| 2025-09-30 | 23.03% |
| 2025-06-30 | 15.77% |
| 2025-03-31 | 20.33% |
| 2024-12-31 | 14.11% |
| 2024-09-30 | 27.66% |
| 2024-06-30 | 22.74% |
| 2024-03-31 | 25.76% |
| 2023-12-31 | 8.82% |
| 2023-09-30 | 18.58% |
| 2023-06-30 | 23.95% |
| 2023-03-31 | -216.98% |
| 2022-12-31 | 19.25% |
| 2022-09-30 | 22.45% |
| 2022-06-30 | 26.01% |
| 2022-03-31 | 23.26% |
| 2021-09-30 | 24.56% |
| 2020-09-30 | -34.90% |
| 2020-03-31 | -990.60% |
| 2019-12-31 | 47.65% |
| 2019-09-30 | 27.45% |
| 2019-06-30 | 27.27% |
| 2019-03-31 | 22.19% |
| 2018-12-31 | 38.73% |
| 2018-09-30 | 27.44% |
| 2018-06-30 | 23.93% |
| 2018-03-31 | 26.24% |
| 2017-12-31 | -436.78% |
| 2017-09-30 | 36.90% |
| 2017-06-30 | 40.85% |
| 2017-03-31 | 28.69% |
| 2016-12-31 | 35.81% |
| 2016-09-30 | 35.77% |
| 2016-06-30 | 35.09% |
| 2016-03-31 | 35.99% |
| 2015-12-31 | 35.09% |
| 2015-09-30 | 33.65% |
| 2015-06-30 | 33.79% |
| 2015-03-31 | 33.54% |
| 2014-12-31 | 35.42% |
| 2014-09-30 | 33.32% |
| 2014-06-30 | 32.62% |
| 2014-03-31 | 32.53% |
| 2013-12-31 | 33.87% |
| 2013-09-30 | 34.24% |
| 2013-06-30 | 34.60% |
| 2013-03-31 | 36.33% |
| 2012-12-31 | 34.16% |
| 2012-09-30 | 34.20% |
| 2012-06-30 | 37.09% |
| 2012-03-31 | 32.86% |
| 2011-12-31 | 37.06% |
| 2011-09-30 | 40.04% |
| 2011-06-30 | 39.92% |
| 2011-03-31 | 38.76% |
| 2010-12-31 | 38.00% |
| 2010-09-30 | 32.48% |
| 2010-06-30 | 39.37% |
| 2010-03-31 | 12.24% |
| 2009-12-31 | 44.53% |
| 2009-09-30 | 38.46% |
| 2009-03-31 | 38.41% |
| 2008-12-31 | 41.32% |
| 2008-09-30 | 34.55% |
| 2008-06-30 | 38.15% |
| 2008-03-31 | 39.59% |
| 2007-12-31 | 39.15% |
| 2007-09-30 | 34.68% |
| 2007-06-30 | 34.16% |
| 2007-03-31 | 38.37% |
| 2006-12-31 | 34.17% |
| 2006-09-30 | 38.10% |
| 2006-06-30 | 39.75% |
| 2006-03-31 | 39.64% |
| 2005-12-31 | 39.09% |
| 2005-09-30 | 41.42% |
| 2005-06-30 | 39.11% |
| 2005-03-31 | 37.50% |
| 2004-09-30 | 47.06% |
| 2004-06-30 | 34.55% |
| 2003-09-30 | 10.00% |
| 2003-06-30 | 27.08% |
| 2002-09-30 | 25.30% |
