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 19.38% is 21% above its 5-year average of 15.98%, near the high end of its 5-year range (-3.29%–20.15%).
As of the fiscal period ended Tuesday, March 31, 2026. 30.95% above its 12-month average of 14.80%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.38%
TAX RATE AVG TTM
14.80%
TAX RATE AVG 3Y
18.11%
TAX RATE AVG 5Y
16.94%
TAX RATE AVG 10Y
15.40%
TAX RATE AVG 15Y
14.59%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+30.95%
CURRENT VS 3Y AVG
+7.05%
CURRENT VS 5Y AVG
+14.43%
CURRENT VS 10Y AVG
+25.89%
CURRENT VS 15Y AVG
+32.83%
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 | 19.38% |
| 2025-12-31 | 19.81% |
| 2025-09-30 | 19.60% |
| 2025-06-30 | -3.29% |
| 2025-03-31 | 18.52% |
| 2024-12-31 | 18.27% |
| 2024-09-30 | 19.32% |
| 2024-06-30 | 14.60% |
| 2024-03-31 | 17.39% |
| 2023-12-31 | 20.15% |
| 2023-09-30 | 18.05% |
| 2023-06-30 | 16.44% |
| 2023-03-31 | 15.77% |
| 2022-12-31 | 16.19% |
| 2022-09-30 | 16.33% |
| 2022-06-30 | 11.51% |
| 2022-03-31 | 15.16% |
| 2021-12-31 | 15.51% |
| 2021-09-30 | 16.30% |
| 2021-06-30 | 14.41% |
| 2021-03-31 | 16.10% |
| 2020-12-31 | 14.71% |
| 2020-09-30 | 15.87% |
| 2020-06-30 | 18.37% |
| 2020-03-31 | 14.09% |
| 2019-12-31 | 14.16% |
| 2019-09-30 | 15.42% |
| 2019-06-30 | 27.11% |
| 2019-03-31 | 10.53% |
| 2018-12-31 | 12.04% |
| 2018-09-30 | 11.73% |
| 2018-06-30 | 17.22% |
| 2018-03-31 | -28.12% |
| 2017-12-31 | 180.93% |
| 2017-09-30 | 12.57% |
| 2017-06-30 | 13.59% |
| 2017-03-31 | 10.97% |
| 2016-12-31 | 11.69% |
| 2016-09-30 | 2.73% |
| 2016-06-30 | 10.96% |
| 2016-03-31 | 11.62% |
| 2015-12-31 | 11.35% |
| 2015-09-30 | 9.98% |
| 2015-06-30 | 35.12% |
| 2015-03-31 | 7.49% |
| 2014-12-31 | 8.82% |
| 2014-09-30 | 13.39% |
| 2014-06-30 | 5.40% |
| 2014-03-31 | 9.33% |
| 2013-12-31 | 10.84% |
| 2013-09-30 | 11.22% |
| 2013-06-30 | 12.41% |
| 2013-03-31 | 10.98% |
| 2012-12-31 | 10.64% |
| 2012-09-30 | 16.00% |
| 2012-06-30 | 16.04% |
| 2012-03-31 | 13.74% |
| 2011-12-31 | 20.00% |
| 2011-09-30 | 20.00% |
| 2011-06-30 | 20.04% |
| 2011-03-31 | 20.00% |
| 2010-12-31 | 19.95% |
| 2010-09-30 | 19.99% |
| 2010-06-30 | 25.57% |
