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 10.65% is in line with its 5-year average of 10.93%, near the low end of its 5-year range (7.63%–34.34%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.33% above its 12-month average of 9.83%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
10.65%
TAX RATE AVG TTM
9.83%
TAX RATE AVG 3Y
9.88%
TAX RATE AVG 5Y
9.69%
TAX RATE AVG 10Y
9.47%
TAX RATE AVG 15Y
9.33%
TAX RATE AVG 20Y
9.09%
CURRENT VS TTM AVG
+8.33%
CURRENT VS 3Y AVG
+7.76%
CURRENT VS 5Y AVG
+9.82%
CURRENT VS 10Y AVG
+12.47%
CURRENT VS 15Y AVG
+14.13%
CURRENT VS 20Y AVG
+17.14%
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 | 10.65% |
| 2025-12-31 | 9.91% |
| 2025-06-30 | 8.73% |
| 2025-03-31 | 10.02% |
| 2024-12-31 | 11.92% |
| 2024-09-30 | 9.09% |
| 2024-06-30 | 9.50% |
| 2024-03-31 | 7.63% |
| 2023-12-31 | 9.22% |
| 2023-09-30 | 10.83% |
| 2023-06-30 | 10.38% |
| 2023-03-31 | 10.67% |
| 2022-12-31 | 10.67% |
| 2022-09-30 | 8.60% |
| 2022-06-30 | 9.09% |
| 2022-03-31 | 8.83% |
| 2021-12-31 | 34.34% |
| 2021-09-30 | 9.71% |
| 2021-06-30 | 9.08% |
| 2021-03-31 | 9.64% |
| 2020-12-31 | 2.24% |
| 2020-09-30 | 9.11% |
| 2020-06-30 | 6.65% |
| 2020-03-31 | 14.28% |
| 2019-12-31 | 8.75% |
| 2019-09-30 | 8.73% |
| 2019-06-30 | 7.14% |
| 2019-03-31 | 9.69% |
| 2018-12-31 | 10.34% |
| 2018-09-30 | 9.20% |
| 2018-06-30 | 10.96% |
| 2018-03-31 | 8.18% |
| 2017-12-31 | 10.88% |
| 2017-09-30 | 2.91% |
| 2017-03-31 | 9.62% |
| 2016-12-31 | 3.93% |
| 2016-09-30 | 25.09% |
| 2016-06-30 | 19.69% |
| 2016-03-31 | 82.86% |
| 2015-09-30 | 25.69% |
| 2015-06-30 | 28.11% |
| 2015-03-31 | 82.13% |
| 2014-09-30 | 29.37% |
| 2014-06-30 | 9.98% |
| 2014-03-31 | 20.62% |
| 2013-06-30 | 30.35% |
| 2012-09-30 | 6.68% |
| 2012-06-30 | 5.98% |
| 2011-09-30 | 10.13% |
| 2011-06-30 | 9.59% |
| 2011-03-31 | 5.32% |
| 2010-12-31 | 13.39% |
| 2010-09-30 | 4.33% |
| 2010-06-30 | 26.41% |
| 2008-03-31 | 15.00% |
| 2007-12-31 | 84.90% |
| 2007-09-30 | 57.71% |
| 2006-09-30 | 2.41% |
| 2006-06-30 | 3.17% |
| 2006-03-31 | 2.21% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2004-12-31 | -1.15% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 28.97% |
| 2003-12-31 | 26.53% |
