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 22.70% is in line with its 5-year average of 20.80%, around the middle of its 5-year range (-10.59%–38.75%).
As of the fiscal period ended Tuesday, March 31, 2026. 23.46% above its 12-month average of 18.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.70%
TAX RATE AVG TTM
18.38%
TAX RATE AVG 3Y
22.33%
TAX RATE AVG 5Y
24.27%
TAX RATE AVG 10Y
25.35%
TAX RATE AVG 15Y
24.79%
TAX RATE AVG 20Y
26.13%
CURRENT VS TTM AVG
+23.46%
CURRENT VS 3Y AVG
+1.66%
CURRENT VS 5Y AVG
-6.49%
CURRENT VS 10Y AVG
-10.47%
CURRENT VS 15Y AVG
-8.46%
CURRENT VS 20Y AVG
-13.14%
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 | 22.70% |
| 2025-12-31 | -10.59% |
| 2025-09-30 | 26.61% |
| 2025-06-30 | 25.91% |
| 2025-03-31 | 27.29% |
| 2024-12-31 | 38.75% |
| 2024-09-30 | 25.89% |
| 2024-06-30 | 23.01% |
| 2024-03-31 | 24.67% |
| 2023-09-30 | 36.27% |
| 2023-06-30 | 5.08% |
| 2022-12-31 | 33.33% |
| 2022-09-30 | 20.93% |
| 2022-06-30 | 21.53% |
| 2022-03-31 | 20.20% |
| 2021-12-31 | 18.66% |
| 2021-09-30 | 20.17% |
| 2021-06-30 | -2.04% |
| 2021-03-31 | 16.88% |
| 2020-09-30 | 20.11% |
| 2020-03-31 | 35.34% |
| 2019-12-31 | 20.85% |
| 2019-09-30 | 22.78% |
| 2019-06-30 | 24.28% |
| 2019-03-31 | 18.80% |
| 2018-06-30 | 25.64% |
| 2018-03-31 | 22.58% |
| 2017-12-31 | 862.17% |
| 2017-06-30 | 33.41% |
| 2017-03-31 | 29.88% |
| 2016-09-30 | 41.25% |
| 2016-06-30 | 32.33% |
| 2015-06-30 | 30.45% |
| 2015-03-31 | 34.43% |
| 2014-12-31 | 2.61% |
| 2014-09-30 | 27.16% |
| 2014-06-30 | 32.90% |
| 2014-03-31 | 27.01% |
| 2013-12-31 | 10.72% |
| 2013-09-30 | -82.34% |
| 2013-06-30 | 13.43% |
| 2013-03-31 | 24.94% |
| 2012-12-31 | 71.43% |
| 2012-09-30 | 28.69% |
| 2012-06-30 | -29.42% |
| 2012-03-31 | 24.21% |
| 2011-12-31 | -589.95% |
| 2011-06-30 | -16.50% |
| 2010-12-31 | 34.06% |
| 2010-09-30 | 158.82% |
| 2010-06-30 | 66.96% |
| 2010-03-31 | -27.24% |
| 2009-06-30 | -242.69% |
| 2007-09-30 | 29.99% |
| 2007-06-30 | 26.53% |
| 2007-03-31 | 27.97% |
| 2006-12-31 | 27.49% |
| 2006-09-30 | 30.84% |
| 2006-06-30 | 32.21% |
| 2006-03-31 | 29.94% |
| 2005-12-31 | -99.67% |
| 2005-09-30 | 29.37% |
| 2005-06-30 | 31.08% |
| 2005-03-31 | 30.20% |
| 2004-12-31 | 25.22% |
| 2004-09-30 | 30.90% |
| 2004-06-30 | 30.66% |
| 2004-03-31 | 29.68% |
| 2003-12-31 | 31.09% |
| 2003-09-30 | 30.51% |
| 2003-06-30 | 30.90% |
| 2003-03-31 | 29.96% |
| 2002-09-30 | 29.94% |
| 2002-06-30 | 31.51% |
