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 12.12% is 24% below its 5-year average of 15.92%, near the high end of its 5-year range (-112.56%–39.73%).
As of the fiscal period ended Tuesday, March 31, 2026. 43.57% below its 12-month average of 21.47%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.12%
TAX RATE AVG TTM
21.47%
TAX RATE AVG 3Y
20.62%
TAX RATE AVG 5Y
22.68%
TAX RATE AVG 10Y
22.12%
TAX RATE AVG 15Y
23.70%
TAX RATE AVG 20Y
25.42%
CURRENT VS TTM AVG
-43.57%
CURRENT VS 3Y AVG
-41.24%
CURRENT VS 5Y AVG
-46.58%
CURRENT VS 10Y AVG
-45.21%
CURRENT VS 15Y AVG
-48.88%
CURRENT VS 20Y AVG
-52.34%
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 | 12.12% |
| 2026-01-02 | 19.71% |
| 2025-09-30 | 28.12% |
| 2025-06-30 | 24.24% |
| 2025-03-31 | 23.17% |
| 2024-12-31 | 13.41% |
| 2024-09-30 | 15.98% |
| 2024-06-30 | 23.87% |
| 2024-03-31 | 26.57% |
| 2023-12-31 | 19.52% |
| 2023-09-30 | 16.16% |
| 2023-03-31 | 24.56% |
| 2022-12-31 | 20.96% |
| 2022-09-30 | 21.36% |
| 2022-06-30 | 27.84% |
| 2022-03-31 | 39.73% |
| 2021-12-31 | 15.47% |
| 2021-09-30 | 30.77% |
| 2021-06-30 | -112.56% |
| 2021-03-31 | 27.39% |
| 2020-12-31 | 22.38% |
| 2020-09-30 | 79.80% |
| 2020-06-30 | -8.25% |
| 2020-03-31 | 28.66% |
| 2019-12-31 | 31.30% |
| 2019-06-28 | 30.45% |
| 2019-03-29 | 17.33% |
| 2018-09-30 | 15.09% |
| 2018-06-29 | 30.60% |
| 2017-12-29 | -60.91% |
| 2017-09-30 | 5.59% |
| 2017-06-30 | 8.23% |
| 2017-03-31 | -44.16% |
| 2016-12-30 | 27.41% |
| 2016-07-01 | -71.20% |
| 2016-04-01 | 15.47% |
| 2015-09-30 | 37.94% |
| 2014-09-30 | 31.45% |
| 2014-06-30 | 16.52% |
| 2014-03-31 | 26.35% |
| 2013-12-31 | 29.35% |
| 2013-09-30 | 31.36% |
| 2013-06-30 | 29.76% |
| 2013-03-31 | 20.31% |
| 2012-12-31 | 24.58% |
| 2012-06-30 | 23.39% |
| 2012-03-31 | 25.25% |
| 2011-12-31 | 28.79% |
| 2011-09-30 | 29.16% |
| 2011-06-30 | 24.48% |
| 2011-03-31 | 24.38% |
| 2010-12-31 | 24.83% |
| 2010-09-30 | 31.30% |
| 2010-06-30 | 24.82% |
| 2010-03-31 | 25.39% |
| 2009-12-31 | 24.86% |
| 2009-09-30 | 27.15% |
| 2009-06-30 | 28.54% |
| 2009-03-31 | 28.11% |
| 2008-12-31 | 28.76% |
| 2008-09-30 | 32.18% |
| 2008-06-30 | 35.78% |
| 2008-03-31 | 35.34% |
| 2007-12-31 | 34.00% |
| 2007-09-30 | 28.75% |
| 2007-06-30 | 31.96% |
| 2007-03-31 | 33.90% |
| 2006-12-31 | 33.94% |
