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 49.34% is 141% above its 5-year average of 20.47%, near the high end of its 5-year range (-179.81%–49.34%).
As of the fiscal period ended Tuesday, March 31, 2026. 36.12% above its 12-month average of 36.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
49.34%
TAX RATE AVG TTM
36.25%
TAX RATE AVG 3Y
32.89%
TAX RATE AVG 5Y
32.99%
TAX RATE AVG 10Y
28.58%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+36.12%
CURRENT VS 3Y AVG
+50.01%
CURRENT VS 5Y AVG
+49.57%
CURRENT VS 10Y AVG
+72.67%
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 | 49.34% |
| 2025-12-31 | 30.83% |
| 2025-09-30 | 35.64% |
| 2025-06-30 | 32.34% |
| 2025-03-31 | 33.12% |
| 2024-12-31 | 17.77% |
| 2024-09-30 | 25.96% |
| 2024-06-30 | 24.41% |
| 2024-03-31 | 31.22% |
| 2023-12-31 | 39.43% |
| 2023-09-30 | 30.96% |
| 2023-06-30 | 45.03% |
| 2022-12-31 | 36.51% |
| 2022-09-30 | 47.97% |
| 2021-09-30 | 24.81% |
| 2021-06-30 | 22.51% |
| 2021-03-31 | -179.81% |
| 2020-12-31 | -42.02% |
| 2020-09-30 | 3.08% |
| 2020-03-31 | -132.46% |
| 2019-12-31 | 5.12% |
| 2019-09-30 | 18.46% |
| 2019-06-30 | 16.69% |
| 2019-03-31 | -90.20% |
| 2018-12-31 | 20.02% |
| 2018-09-30 | 8.20% |
| 2018-06-30 | 22.93% |
| 2018-03-31 | 1.73% |
| 2017-12-31 | 40.04% |
| 2017-09-30 | 36.28% |
| 2017-06-30 | -2.49% |
| 2017-03-31 | -329.11% |
| 2016-12-31 | 55.23% |
| 2016-09-30 | 59.35% |
| 2016-06-30 | 44.84% |
| 2015-12-31 | 55.41% |
| 2015-09-30 | 41.08% |
| 2015-06-30 | 39.60% |
| 2015-03-31 | 39.05% |
