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 6.18% is 51% below its 5-year average of 12.65%, near the low end of its 5-year range (1.06%–19.57%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.26% below its 12-month average of 6.74%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
6.18%
TAX RATE AVG TTM
6.74%
TAX RATE AVG 3Y
10.64%
TAX RATE AVG 5Y
12.65%
TAX RATE AVG 10Y
12.56%
TAX RATE AVG 15Y
22.91%
TAX RATE AVG 20Y
26.94%
CURRENT VS TTM AVG
-8.26%
CURRENT VS 3Y AVG
-41.89%
CURRENT VS 5Y AVG
-51.15%
CURRENT VS 10Y AVG
-50.79%
CURRENT VS 15Y AVG
-73.02%
CURRENT VS 20Y AVG
-77.06%
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 | 6.18% |
| 2025-12-31 | 1.06% |
| 2025-09-30 | 11.29% |
| 2025-06-30 | 7.43% |
| 2025-03-31 | 7.72% |
| 2024-12-31 | 11.88% |
| 2024-09-30 | 11.70% |
| 2024-06-30 | 16.53% |
| 2024-03-31 | 12.35% |
| 2023-12-31 | 9.00% |
| 2023-09-30 | 16.06% |
| 2023-06-30 | 14.33% |
| 2023-03-31 | 12.74% |
| 2022-12-31 | 18.96% |
| 2022-09-30 | 19.57% |
| 2022-06-30 | 18.05% |
| 2022-03-31 | 18.29% |
| 2021-12-31 | 8.39% |
| 2021-09-30 | 14.96% |
| 2021-06-30 | 16.40% |
| 2021-03-31 | 12.80% |
| 2020-12-31 | 13.44% |
| 2020-09-30 | 14.94% |
| 2020-06-30 | 18.18% |
| 2020-03-31 | 16.59% |
| 2019-12-31 | 12.06% |
| 2019-09-30 | 4.60% |
| 2019-06-30 | 6.06% |
| 2019-03-31 | 13.39% |
| 2018-12-31 | 6.13% |
| 2018-09-30 | 6.79% |
| 2018-06-30 | 18.09% |
| 2018-03-31 | 18.45% |
| 2017-12-31 | -21.06% |
| 2017-09-30 | 37.55% |
| 2017-06-30 | 36.74% |
| 2017-03-31 | 37.41% |
| 2016-12-31 | 36.39% |
| 2016-09-30 | 37.14% |
| 2016-06-30 | 38.47% |
| 2016-03-31 | 38.08% |
| 2015-12-31 | 43.36% |
| 2015-09-30 | 37.71% |
| 2015-06-30 | 43.86% |
| 2015-03-31 | 38.47% |
| 2014-12-31 | 38.75% |
| 2014-09-30 | 38.87% |
| 2014-06-30 | 35.84% |
| 2014-03-31 | 38.56% |
| 2013-12-31 | 37.48% |
| 2013-09-30 | 36.98% |
| 2013-06-30 | 37.14% |
| 2013-03-31 | 36.25% |
| 2012-12-31 | 35.21% |
| 2012-09-30 | 36.49% |
| 2012-06-30 | 35.83% |
| 2012-03-31 | 35.88% |
| 2011-12-31 | 33.08% |
| 2011-09-30 | 34.90% |
| 2011-06-30 | 33.15% |
| 2011-03-31 | 34.32% |
| 2010-12-31 | 35.09% |
| 2010-09-30 | 35.94% |
| 2010-06-30 | 35.23% |
| 2010-03-31 | 35.65% |
| 2009-12-31 | 36.47% |
| 2009-09-30 | 36.06% |
| 2009-06-30 | 37.29% |
| 2009-03-31 | 36.49% |
| 2008-12-31 | 37.59% |
| 2008-09-30 | 36.73% |
| 2008-06-30 | 37.18% |
| 2008-03-31 | 38.65% |
| 2007-12-31 | 39.94% |
| 2007-09-30 | 39.03% |
| 2007-06-30 | 38.22% |
| 2007-03-31 | 38.99% |
| 2006-12-31 | 31.57% |
| 2006-09-30 | 38.22% |
| 2006-06-30 | 35.25% |
| 2006-03-31 | 37.60% |
| 2005-12-31 | 34.95% |
| 2005-09-30 | 37.81% |
| 2005-06-30 | 12.71% |
| 2005-03-31 | 36.69% |
| 2004-12-31 | 37.61% |
| 2004-06-30 | 36.67% |
| 2004-03-31 | 37.67% |
| 2003-12-31 | 34.93% |
| 2003-09-30 | 38.32% |
| 2003-06-30 | 33.56% |
| 2003-03-31 | 36.24% |
| 2002-12-31 | 37.22% |
| 2002-09-30 | 38.56% |
| 2002-06-30 | 36.24% |
