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 15.78% is 135% above its 5-year average of 6.72%, around the middle of its 5-year range (-8.05%–29.68%).
As of the fiscal period ended Tuesday, March 31, 2026. 14.47% above its 12-month average of 13.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.78%
TAX RATE AVG TTM
13.79%
TAX RATE AVG 3Y
11.00%
TAX RATE AVG 5Y
6.72%
TAX RATE AVG 10Y
1.93%
TAX RATE AVG 15Y
0.69%
TAX RATE AVG 20Y
0.44%
CURRENT VS TTM AVG
+14.47%
CURRENT VS 3Y AVG
+43.42%
CURRENT VS 5Y AVG
+135.00%
CURRENT VS 10Y AVG
+719.16%
CURRENT VS 15Y AVG
+2203.84%
CURRENT VS 20Y AVG
+3480.60%
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 | 15.78% |
| 2025-12-31 | 14.20% |
| 2025-09-30 | 11.00% |
| 2025-06-30 | 13.53% |
| 2025-03-31 | 14.42% |
| 2024-12-31 | 29.68% |
| 2024-09-30 | 15.10% |
| 2024-06-30 | 29.23% |
| 2024-03-31 | -0.02% |
| 2023-12-31 | -1.99% |
| 2023-09-30 | 4.23% |
| 2023-06-30 | 4.16% |
| 2023-03-31 | -6.28% |
| 2022-12-31 | -8.05% |
| 2022-09-30 | 5.76% |
| 2022-06-30 | 0.13% |
| 2022-03-31 | 0.42% |
| 2021-12-31 | 0.23% |
| 2021-09-30 | 0.32% |
| 2021-06-30 | -0.54% |
| 2021-03-31 | -0.31% |
| 2020-12-31 | -4.02% |
| 2020-09-30 | -0.03% |
| 2020-06-30 | -4.75% |
| 2020-03-31 | 8.17% |
| 2019-12-31 | -4.65% |
| 2019-09-30 | -3.76% |
| 2019-03-31 | -0.19% |
| 2018-12-31 | 73.22% |
| 2018-09-30 | 2.59% |
| 2018-06-30 | -1.02% |
| 2018-03-31 | -0.72% |
| 2017-09-30 | -0.40% |
| 2017-06-30 | -0.83% |
| 2017-03-31 | 0.21% |
| 2016-12-31 | -1.74% |
| 2016-09-30 | -1.69% |
| 2016-06-30 | 1.01% |
| 2016-03-31 | -0.95% |
| 2015-06-30 | -0.17% |
| 2015-03-31 | 5.69% |
| 2014-12-31 | -1.57% |
| 2014-09-30 | 11.72% |
| 2014-06-30 | -1.36% |
| 2014-03-31 | 0.02% |
| 2013-12-31 | -15.61% |
| 2013-09-30 | 2.05% |
| 2013-06-30 | 2.28% |
| 2013-03-31 | 3.11% |
| 2012-12-31 | 4.38% |
| 2012-09-30 | 0.43% |
| 2012-06-30 | 1.91% |
| 2012-03-31 | 2.22% |
| 2011-12-31 | 0.15% |
| 2011-09-30 | 5.96% |
| 2011-06-30 | 1.62% |
| 2011-03-31 | -1.89% |
| 2010-12-31 | -7.72% |
| 2010-09-30 | -23.45% |
| 2010-06-30 | 2.84% |
| 2010-03-31 | 0.74% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 15.34% |
| 2008-03-31 | -1.31% |
| 2007-12-31 | 4.62% |
| 2007-09-30 | 3.75% |
| 2007-06-30 | -7.78% |
| 2007-03-31 | -1.14% |
| 2003-11-30 | 0.00% |
| 2003-05-31 | -1.60% |
| 2002-11-30 | 39.12% |
