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 27.38% is in line with its 5-year average of 28.99%, near the low end of its 5-year range (7.56%–89.67%).
As of the fiscal period ended Tuesday, March 31, 2026. 41.64% below its 12-month average of 46.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 27.38%.
TAX RATE
27.38%
TAX RATE AVG TTM
46.92%
TAX RATE AVG 3Y
29.10%
TAX RATE AVG 5Y
28.99%
TAX RATE AVG 10Y
36.77%
TAX RATE AVG 15Y
34.13%
TAX RATE AVG 20Y
38.48%
CURRENT VS TTM AVG
-41.64%
CURRENT VS 3Y AVG
-5.90%
CURRENT VS 5Y AVG
-5.55%
CURRENT VS 10Y AVG
-25.52%
CURRENT VS 15Y AVG
-19.76%
CURRENT VS 20Y AVG
-28.84%
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 | 27.38% |
| 2025-12-31 | 89.67% |
| 2025-09-30 | 57.78% |
| 2025-06-30 | 33.32% |
| 2025-03-31 | 26.46% |
| 2024-12-31 | 31.14% |
| 2024-09-30 | 26.07% |
| 2024-06-30 | 30.26% |
| 2024-03-31 | 26.27% |
| 2023-12-31 | 33.18% |
| 2023-09-30 | 29.74% |
| 2023-06-30 | 29.08% |
| 2023-03-31 | 27.23% |
| 2022-12-31 | 29.93% |
| 2022-09-30 | 28.58% |
| 2022-06-30 | 46.96% |
| 2022-03-31 | 28.96% |
| 2021-09-30 | 7.56% |
| 2021-06-30 | 27.31% |
| 2019-12-31 | 39.35% |
| 2019-09-30 | 71.56% |
| 2019-06-30 | 41.78% |
| 2019-03-31 | 35.96% |
| 2018-12-31 | 42.86% |
| 2018-09-30 | 81.06% |
| 2018-06-30 | 56.95% |
| 2018-03-31 | 34.47% |
| 2017-12-31 | 40.84% |
| 2017-09-30 | 653.85% |
| 2017-06-30 | 54.91% |
| 2017-03-31 | 58.43% |
| 2016-12-31 | 35.37% |
| 2016-09-30 | 34.08% |
| 2016-06-30 | 45.18% |
| 2016-03-31 | 37.55% |
| 2015-12-31 | 27.50% |
| 2015-06-30 | 48.88% |
| 2015-03-31 | 48.61% |
| 2014-12-31 | -5.55% |
| 2014-09-30 | 5.86% |
| 2014-06-30 | 22.24% |
| 2014-03-31 | 34.85% |
| 2013-12-31 | 28.76% |
| 2013-06-30 | 34.23% |
| 2013-03-31 | 30.64% |
| 2012-12-31 | 15.55% |
| 2012-09-30 | 20.69% |
| 2012-06-30 | 42.56% |
| 2012-03-31 | 43.81% |
| 2011-12-31 | 23.22% |
| 2011-09-30 | 35.76% |
| 2011-06-30 | 35.88% |
| 2010-12-31 | 43.80% |
| 2010-09-30 | 36.74% |
| 2010-06-30 | 45.71% |
| 2010-03-31 | 50.45% |
| 2009-12-31 | 57.42% |
| 2009-09-30 | 50.15% |
| 2009-06-30 | 113.17% |
| 2009-03-31 | 87.19% |
| 2008-12-31 | 113.29% |
| 2008-06-30 | 168.05% |
| 2008-03-31 | 164.20% |
| 2007-12-31 | 98.32% |
| 2007-09-30 | 59.50% |
| 2007-06-30 | 54.22% |
| 2007-03-31 | 48.18% |
| 2006-12-31 | 46.34% |
| 2006-09-30 | 45.93% |
| 2006-06-30 | 47.27% |
| 2006-03-31 | 43.62% |
| 2005-12-31 | 56.72% |
| 2005-09-30 | 48.40% |
| 2005-06-30 | 45.12% |
| 2005-03-31 | 48.69% |
| 2004-12-31 | 54.90% |
| 2004-09-30 | 41.09% |
| 2004-06-30 | 41.33% |
| 2004-03-31 | 41.20% |
| 2003-12-31 | 56.07% |
| 2003-09-30 | 41.51% |
| 2003-06-30 | 41.29% |
| 2003-03-31 | 41.00% |
| 2002-12-31 | 34.01% |
| 2002-09-30 | 41.06% |
