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 18.28% is 37% above its 5-year average of 13.30%, near the high end of its 5-year range (-284.58%–58.20%).
As of the fiscal period ended Wednesday, December 31, 2025. 15.49% above its 12-month average of 15.83%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2025 (2025-12-31): 18.28%.
TAX RATE
18.28%
TAX RATE AVG TTM
15.83%
TAX RATE AVG 3Y
7.41%
TAX RATE AVG 5Y
13.30%
TAX RATE AVG 10Y
13.30%
TAX RATE AVG 15Y
14.99%
TAX RATE AVG 20Y
10.86%
CURRENT VS TTM AVG
+15.49%
CURRENT VS 3Y AVG
+146.67%
CURRENT VS 5Y AVG
+37.39%
CURRENT VS 10Y AVG
+37.39%
CURRENT VS 15Y AVG
+21.93%
CURRENT VS 20Y AVG
+68.37%
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 |
|---|---|
| 2025-12-31 | 18.28% |
| 2025-09-30 | 17.85% |
| 2025-06-30 | 16.92% |
| 2025-03-31 | 11.87% |
| 2024-12-31 | 14.22% |
| 2024-09-30 | 15.82% |
| 2024-06-30 | 18.90% |
| 2024-03-31 | 16.98% |
| 2023-12-31 | -51.53% |
| 2023-09-30 | 1.24% |
| 2023-06-30 | 0.97% |
| 2021-12-31 | -284.58% |
| 2021-06-30 | 58.20% |
| 2020-09-30 | 106.11% |
| 2017-12-31 | 190.76% |
| 2014-12-31 | 25.17% |
| 2014-06-30 | -68.85% |
| 2013-06-30 | 27.04% |
| 2013-03-31 | 61.87% |
| 2012-12-31 | 21.32% |
| 2012-06-30 | 3.29% |
| 2008-12-31 | -0.29% |
| 2008-09-30 | -3.85% |
| 2008-06-30 | 3.35% |
| 2007-12-31 | 1.85% |
| 2007-09-30 | 2.53% |
| 2007-06-30 | 21.40% |
| 2007-03-31 | 8.78% |
| 2006-12-31 | 12.68% |
| 2006-09-30 | 4.22% |
| 2005-12-31 | 0.00% |
