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 16.82% is 39% below its 5-year average of 27.52%, near the low end of its 5-year range (-34.01%–201.09%).
As of the fiscal period ended Tuesday, March 31, 2026. 45.41% below its 12-month average of 30.81%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.82%
TAX RATE AVG TTM
30.81%
TAX RATE AVG 3Y
14.00%
TAX RATE AVG 5Y
15.66%
TAX RATE AVG 10Y
22.33%
TAX RATE AVG 15Y
26.69%
TAX RATE AVG 20Y
28.64%
CURRENT VS TTM AVG
-45.41%
CURRENT VS 3Y AVG
+20.10%
CURRENT VS 5Y AVG
+7.38%
CURRENT VS 10Y AVG
-24.69%
CURRENT VS 15Y AVG
-37.00%
CURRENT VS 20Y AVG
-41.28%
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 | 16.82% |
| 2025-12-31 | 12.28% |
| 2025-09-30 | 17.80% |
| 2025-06-30 | 27.13% |
| 2025-03-31 | 80.00% |
| 2024-12-31 | 10.91% |
| 2024-09-30 | 201.09% |
| 2024-06-30 | 13.08% |
| 2024-03-31 | 13.41% |
| 2023-12-31 | 7.59% |
| 2023-09-30 | 13.07% |
| 2023-06-30 | 10.47% |
| 2023-03-31 | 11.48% |
| 2022-12-31 | 64.69% |
| 2022-09-30 | -34.01% |
| 2022-06-30 | 18.38% |
| 2022-03-31 | 19.09% |
| 2021-12-31 | 15.67% |
| 2021-09-30 | 20.22% |
| 2021-06-30 | 19.52% |
| 2021-03-31 | 19.34% |
| 2020-12-31 | 21.77% |
| 2020-09-30 | -113.01% |
| 2020-06-30 | 24.77% |
| 2020-03-31 | 21.39% |
| 2019-12-31 | 26.11% |
| 2019-09-30 | 25.00% |
| 2019-06-30 | 26.33% |
| 2019-03-31 | 25.28% |
| 2018-12-31 | 27.29% |
| 2018-09-30 | 26.27% |
| 2018-06-30 | 26.44% |
| 2018-03-31 | 26.99% |
| 2017-12-31 | -158.56% |
| 2017-09-30 | 33.40% |
| 2017-06-30 | 31.77% |
| 2017-03-31 | 34.08% |
| 2016-12-31 | 34.87% |
| 2016-09-30 | 34.68% |
| 2016-06-30 | 34.29% |
| 2016-03-31 | 34.56% |
| 2015-12-31 | 34.23% |
| 2015-09-30 | 34.38% |
| 2015-06-30 | 34.44% |
| 2015-03-31 | 34.55% |
| 2014-12-31 | 34.60% |
| 2014-09-30 | 34.26% |
| 2014-06-30 | 34.57% |
| 2014-03-31 | 33.70% |
| 2013-12-31 | 34.34% |
| 2013-09-30 | 34.33% |
| 2013-06-30 | 34.54% |
| 2013-03-31 | 34.46% |
| 2012-12-31 | 33.90% |
| 2012-09-30 | 31.28% |
| 2012-06-30 | 34.82% |
| 2012-03-31 | 34.69% |
| 2011-12-31 | 34.53% |
| 2011-09-30 | 32.60% |
| 2011-06-30 | 38.29% |
| 2011-03-31 | 34.18% |
| 2010-12-31 | 34.48% |
| 2010-09-30 | 34.60% |
| 2010-06-30 | 34.65% |
| 2010-03-31 | 34.70% |
| 2009-12-31 | 26.32% |
| 2009-09-30 | 33.88% |
| 2009-06-30 | 33.62% |
| 2009-03-31 | 34.67% |
| 2008-12-31 | 34.33% |
| 2008-09-30 | 32.43% |
| 2008-06-30 | 34.73% |
| 2008-03-31 | 34.71% |
| 2007-12-31 | 34.64% |
| 2007-09-30 | 34.58% |
| 2007-06-30 | 34.65% |
| 2007-03-31 | 34.59% |
| 2006-12-31 | 34.45% |
| 2006-09-30 | 34.11% |
| 2006-06-30 | 34.62% |
| 2006-03-31 | 34.78% |
| 2005-12-31 | 34.88% |
| 2005-09-30 | 29.46% |
| 2005-06-30 | 34.88% |
| 2005-03-31 | 35.18% |
| 2004-12-31 | 6.90% |
| 2004-09-30 | 35.03% |
| 2004-06-30 | 37.53% |
| 2004-03-31 | 34.76% |
| 2003-12-31 | 32.08% |
| 2003-09-30 | 36.12% |
| 2003-06-30 | 34.22% |
| 2003-03-31 | 35.95% |
| 2002-12-31 | 36.95% |
| 2002-09-30 | 32.77% |
| 2002-06-30 | 34.16% |
