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 6.31% is 19% below its 3-year average of 7.76%, around the middle of its 3-year range (-182.02%–146.23%).
As of the fiscal period ended Tuesday, March 31, 2026. 59.56% below its 12-month average of 15.59%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
6.31%
TAX RATE AVG TTM
15.59%
TAX RATE AVG 3Y
9.09%
TAX RATE AVG 5Y
9.09%
TAX RATE AVG 10Y
4.43%
TAX RATE AVG 15Y
1.23%
TAX RATE AVG 20Y
3.39%
CURRENT VS TTM AVG
-59.56%
CURRENT VS 3Y AVG
-30.64%
CURRENT VS 5Y AVG
-30.64%
CURRENT VS 10Y AVG
+42.25%
CURRENT VS 15Y AVG
+411.69%
CURRENT VS 20Y AVG
+86.29%
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 | 6.31% |
| 2025-12-31 | 15.39% |
| 2025-09-30 | 32.25% |
| 2025-06-30 | 12.09% |
| 2025-03-31 | 11.93% |
| 2024-12-31 | -14.73% |
| 2024-09-30 | 146.23% |
| 2024-06-30 | 5.15% |
| 2024-03-31 | 10.18% |
| 2023-12-31 | -182.02% |
| 2023-06-30 | 3.26% |
| 2023-03-31 | 47.04% |
| 2019-12-31 | 112.48% |
| 2019-09-30 | 42.32% |
| 2019-06-30 | -1.42% |
| 2019-03-31 | 1.04% |
| 2018-12-31 | -241.16% |
| 2018-09-30 | -1.80% |
| 2018-06-30 | -4.96% |
| 2017-12-31 | -159.11% |
| 2017-09-30 | -0.43% |
| 2017-06-30 | 2.38% |
| 2017-03-31 | 2.13% |
| 2016-12-31 | 5.23% |
| 2016-06-30 | -3.34% |
| 2016-03-31 | 3.57% |
| 2015-12-31 | -18.27% |
| 2015-09-30 | -4.49% |
| 2015-06-30 | 14.69% |
| 2014-12-31 | -8.85% |
| 2014-09-30 | 1.90% |
| 2014-06-30 | 0.29% |
| 2014-03-31 | 0.85% |
| 2013-12-31 | -2.23% |
| 2013-09-30 | -3.01% |
| 2013-06-30 | 0.58% |
| 2013-03-31 | -1.93% |
| 2012-12-31 | 9.19% |
| 2012-09-30 | -4.84% |
| 2012-06-30 | -2.44% |
| 2012-03-31 | -0.06% |
| 2011-12-31 | -13.72% |
| 2011-09-30 | 2.25% |
| 2011-06-30 | 3.26% |
| 2011-03-31 | 0.92% |
| 2010-12-31 | 2.52% |
| 2010-09-30 | 129.49% |
| 2010-06-30 | 2.11% |
| 2010-03-31 | 8.06% |
| 2009-09-30 | -40.31% |
| 2009-06-30 | 43.41% |
| 2008-09-30 | -49.22% |
| 2008-06-30 | -103.17% |
| 2008-03-31 | -11.22% |
| 2007-12-31 | 25.37% |
| 2007-09-30 | 17.34% |
| 2007-06-30 | 13.42% |
| 2007-03-31 | 28.75% |
| 2006-09-30 | 14.40% |
| 2004-12-31 | 122.84% |
| 2003-12-31 | -68.45% |