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 32.92% is 28% above its 5-year average of 25.69%, around the middle of its 5-year range (5.29%–73.67%).
As of the fiscal period ended Tuesday, March 31, 2026. 17.87% below its 12-month average of 40.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
32.92%
TAX RATE AVG TTM
40.08%
TAX RATE AVG 3Y
29.27%
TAX RATE AVG 5Y
23.17%
TAX RATE AVG 10Y
18.17%
TAX RATE AVG 15Y
17.20%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-17.87%
CURRENT VS 3Y AVG
+12.47%
CURRENT VS 5Y AVG
+42.08%
CURRENT VS 10Y AVG
+81.14%
CURRENT VS 15Y AVG
+91.42%
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 | 32.92% |
| 2025-12-31 | 31.97% |
| 2025-09-30 | 73.67% |
| 2025-06-30 | 39.45% |
| 2025-03-31 | 22.40% |
| 2024-09-30 | 24.95% |
| 2024-06-30 | 36.02% |
| 2024-03-31 | 21.82% |
| 2023-12-31 | 32.01% |
| 2023-09-30 | 8.81% |
| 2023-06-30 | 22.34% |
| 2023-03-31 | 49.26% |
| 2022-12-31 | 16.63% |
| 2022-09-30 | 10.18% |
| 2022-06-30 | 21.56% |
| 2022-03-31 | 8.85% |
| 2021-12-31 | 5.29% |
| 2021-09-30 | 13.77% |
| 2021-06-30 | 33.88% |
| 2021-03-31 | 8.07% |
| 2020-09-30 | 7.48% |
| 2020-03-31 | 2.84% |
| 2019-12-31 | 8.88% |
| 2019-09-30 | 5.85% |
| 2019-06-30 | 8.18% |
| 2019-03-31 | 3.46% |
| 2018-09-30 | 0.51% |
| 2018-06-30 | 1.44% |
| 2018-03-31 | 0.50% |
| 2017-12-31 | 95.64% |
| 2017-09-30 | 22.15% |
| 2017-06-30 | 18.61% |
| 2017-03-31 | 17.98% |
| 2016-12-31 | 30.38% |
| 2016-09-30 | 20.66% |
| 2016-06-30 | 23.19% |
| 2016-03-31 | 23.76% |
| 2015-12-31 | 21.15% |
| 2015-09-30 | 24.77% |
| 2015-06-30 | 18.59% |
| 2015-03-31 | 26.79% |
| 2014-09-30 | 26.35% |
| 2014-06-30 | 23.38% |
| 2014-03-31 | 23.79% |
| 2013-12-31 | 21.61% |
| 2013-09-30 | 25.04% |
| 2013-06-30 | 21.93% |
| 2013-03-31 | 21.87% |
| 2012-12-31 | 10.12% |
| 2012-09-30 | 1.18% |
| 2012-06-30 | 9.63% |
| 2012-03-31 | 12.23% |
| 2011-12-31 | 14.75% |
| 2011-09-30 | 82.77% |
| 2011-06-30 | -11.54% |
| 2011-03-31 | 15.74% |
