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 3.06% is 91% below its 5-year average of 33.85%, near the low end of its 5-year range (-0.91%–154.55%).
As of the fiscal period ended Tuesday, March 31, 2026. 86.42% below its 12-month average of 22.54%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
3.06%
TAX RATE AVG TTM
22.54%
TAX RATE AVG 3Y
28.25%
TAX RATE AVG 5Y
24.25%
TAX RATE AVG 10Y
26.12%
TAX RATE AVG 15Y
30.81%
TAX RATE AVG 20Y
32.14%
CURRENT VS TTM AVG
-86.42%
CURRENT VS 3Y AVG
-89.17%
CURRENT VS 5Y AVG
-87.38%
CURRENT VS 10Y AVG
-88.28%
CURRENT VS 15Y AVG
-90.06%
CURRENT VS 20Y AVG
-90.48%
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 | 3.06% |
| 2025-12-31 | 25.24% |
| 2025-09-30 | 24.08% |
| 2025-06-30 | 36.72% |
| 2025-03-31 | 23.61% |
| 2024-12-31 | 21.53% |
| 2024-09-30 | 22.92% |
| 2024-06-30 | 40.91% |
| 2024-03-31 | 23.39% |
| 2023-12-31 | 27.93% |
| 2023-06-30 | 154.55% |
| 2023-03-31 | 36.21% |
| 2022-09-30 | -0.91% |
| 2021-09-30 | 26.29% |
| 2021-06-30 | 3.36% |
| 2021-03-31 | 72.73% |
| 2020-12-31 | -47.54% |
| 2020-06-30 | 19.39% |
| 2020-03-31 | 26.57% |
| 2019-12-31 | 21.15% |
| 2019-06-30 | 18.49% |
| 2019-03-31 | 20.00% |
| 2018-12-31 | 30.96% |
| 2018-09-30 | 19.29% |
| 2018-03-31 | 45.04% |
| 2017-12-31 | -232.18% |
| 2017-09-30 | 34.27% |
| 2017-06-30 | 25.67% |
| 2017-03-31 | 32.27% |
| 2016-12-31 | 34.01% |
| 2016-09-30 | 37.25% |
| 2016-06-30 | 41.84% |
| 2016-03-31 | 36.93% |
| 2015-12-31 | 37.31% |
| 2015-09-30 | 32.39% |
| 2015-06-30 | 43.98% |
| 2015-03-31 | 34.59% |
| 2014-12-31 | 35.92% |
| 2014-09-30 | 38.85% |
| 2014-06-30 | 34.45% |
| 2014-03-31 | 37.87% |
| 2013-12-31 | 44.11% |
| 2013-09-30 | 23.08% |
| 2013-03-31 | 22.60% |
| 2012-12-31 | 37.27% |
| 2012-09-30 | 38.04% |
| 2012-06-30 | 37.40% |
| 2012-03-31 | 34.86% |
| 2011-12-31 | 37.88% |
| 2011-09-30 | 38.42% |
| 2011-06-30 | 39.23% |
| 2011-03-31 | 41.31% |
| 2010-12-31 | 34.41% |
| 2010-09-30 | 30.60% |
| 2010-06-30 | 37.16% |
| 2010-03-31 | 38.11% |
| 2009-12-31 | 36.93% |
| 2009-09-30 | 135.31% |
| 2009-06-30 | 33.46% |
| 2009-03-31 | 29.59% |
| 2008-12-31 | 21.49% |
| 2008-09-30 | 22.70% |
| 2008-06-30 | 34.14% |
| 2008-03-31 | 32.91% |
| 2007-12-31 | 30.71% |
| 2007-09-30 | 32.15% |
| 2007-06-30 | 40.78% |
| 2006-12-31 | 34.19% |
| 2006-09-30 | 29.33% |
| 2006-06-30 | 32.38% |
| 2006-03-31 | 32.23% |
| 2005-12-31 | 32.12% |
| 2005-09-30 | 31.76% |
| 2005-06-30 | 44.23% |
| 2005-03-31 | 32.54% |
| 2004-12-31 | 32.94% |
| 2004-09-30 | 32.00% |
| 2004-06-30 | 28.70% |
| 2004-03-31 | 32.65% |
| 2003-12-31 | 32.93% |
| 2003-09-30 | 33.17% |
| 2003-06-30 | 32.84% |
| 2003-03-31 | 33.36% |
| 2002-12-31 | 34.30% |
| 2002-09-30 | 34.01% |
| 2002-06-30 | 33.45% |
