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 13.63% is 36% below its 5-year average of 21.47%, near the low end of its 5-year range (12.92%–26.51%).
As of the fiscal period ended Tuesday, March 31, 2026. 33.42% below its 12-month average of 20.48%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
13.63%
TAX RATE AVG TTM
20.48%
TAX RATE AVG 3Y
22.39%
TAX RATE AVG 5Y
22.33%
TAX RATE AVG 10Y
21.55%
TAX RATE AVG 15Y
25.78%
TAX RATE AVG 20Y
27.42%
CURRENT VS TTM AVG
-33.42%
CURRENT VS 3Y AVG
-39.09%
CURRENT VS 5Y AVG
-38.94%
CURRENT VS 10Y AVG
-36.72%
CURRENT VS 15Y AVG
-47.11%
CURRENT VS 20Y AVG
-50.27%
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 | 13.63% |
| 2025-12-31 | 17.95% |
| 2025-09-30 | 22.67% |
| 2025-06-30 | 24.22% |
| 2025-03-31 | 23.92% |
| 2024-12-31 | 24.01% |
| 2024-09-30 | 20.46% |
| 2024-06-30 | 21.73% |
| 2024-03-31 | 23.08% |
| 2023-12-31 | 26.51% |
| 2023-09-30 | 23.93% |
| 2023-06-30 | 22.67% |
| 2023-03-31 | 17.47% |
| 2022-12-31 | 26.12% |
| 2022-09-30 | 23.42% |
| 2022-06-30 | 22.97% |
| 2022-03-31 | 22.29% |
| 2021-12-31 | 20.14% |
| 2021-09-30 | 20.40% |
| 2021-06-30 | 20.28% |
| 2021-03-31 | 12.92% |
| 2020-12-31 | 13.64% |
| 2020-09-30 | 21.83% |
| 2020-06-30 | 20.01% |
| 2020-03-31 | 19.76% |
| 2019-12-31 | 22.99% |
| 2019-09-30 | 20.67% |
| 2019-06-30 | 18.09% |
| 2018-12-31 | 28.94% |
| 2018-09-30 | 23.98% |
| 2018-06-30 | 20.65% |
| 2018-03-31 | 20.87% |
| 2017-12-31 | 86.52% |
| 2017-09-30 | 13.84% |
| 2017-06-30 | 226.70% |
| 2017-03-31 | 32.25% |
| 2016-12-31 | 35.69% |
| 2016-09-30 | 32.33% |
| 2016-06-30 | 27.86% |
| 2016-03-31 | 35.28% |
| 2015-12-31 | 32.93% |
| 2015-09-30 | 36.97% |
| 2015-06-30 | 41.06% |
| 2014-12-31 | 33.66% |
| 2014-06-30 | 35.36% |
| 2014-03-31 | 35.50% |
| 2013-09-30 | 38.05% |
| 2013-06-30 | 32.62% |
| 2013-03-31 | 31.39% |
| 2012-12-31 | 33.37% |
| 2012-09-30 | 28.00% |
| 2012-06-30 | 29.99% |
| 2012-03-31 | 31.92% |
| 2011-12-31 | 28.01% |
| 2011-09-30 | 17.95% |
| 2011-06-30 | 32.59% |
| 2011-03-31 | 38.90% |
| 2010-12-31 | -111.85% |
| 2010-09-30 | 31.17% |
| 2010-06-30 | 33.75% |
| 2010-03-31 | 34.00% |
| 2009-09-30 | -31.96% |
| 2009-03-31 | 34.00% |
| 2008-09-30 | 36.50% |
| 2008-06-30 | 36.50% |
| 2008-03-31 | 36.50% |
| 2007-09-30 | 12.74% |
| 2007-06-30 | 34.85% |
| 2006-12-31 | -612.54% |
| 2006-09-30 | 39.87% |
| 2006-06-30 | 44.54% |
| 2006-03-31 | 44.87% |
| 2005-12-31 | -146.81% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
