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 22.89% is in line with its 5-year average of 23.77%, near the high end of its 5-year range (-45.92%–51.45%).
As of the fiscal period ended Wednesday, December 31, 2025. 605.79% above its 12-month average of 3.24%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2025-12-31): 22.89%.
TAX RATE
22.89%
TAX RATE AVG TTM
3.24%
TAX RATE AVG 3Y
19.86%
TAX RATE AVG 5Y
23.77%
TAX RATE AVG 10Y
23.99%
TAX RATE AVG 15Y
23.98%
TAX RATE AVG 20Y
27.29%
CURRENT VS TTM AVG
+605.79%
CURRENT VS 3Y AVG
+15.29%
CURRENT VS 5Y AVG
-3.69%
CURRENT VS 10Y AVG
-4.57%
CURRENT VS 15Y AVG
-4.53%
CURRENT VS 20Y AVG
-16.09%
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 | 22.89% |
| 2025-09-30 | -45.92% |
| 2024-12-31 | 32.76% |
| 2024-06-30 | 28.39% |
| 2024-03-31 | 17.45% |
| 2023-12-31 | 28.68% |
| 2023-09-30 | 24.39% |
| 2023-06-30 | 26.79% |
| 2023-03-31 | 35.05% |
| 2022-12-31 | 28.10% |
| 2022-09-30 | 25.98% |
| 2022-06-30 | 51.45% |
| 2022-03-31 | 34.23% |
| 2021-12-31 | 9.73% |
| 2021-09-30 | 21.17% |
| 2021-03-31 | 12.44% |
| 2020-12-31 | 8.54% |
| 2020-03-31 | 34.86% |
| 2019-12-31 | 12.78% |
| 2019-09-30 | 23.65% |
| 2019-06-30 | 21.74% |
| 2019-03-31 | 4.17% |
| 2018-12-31 | 133.58% |
| 2018-09-30 | 22.34% |
| 2018-06-30 | 18.71% |
| 2018-03-31 | 23.48% |
| 2017-12-31 | 213.46% |
| 2017-09-30 | 14.08% |
| 2017-06-30 | 20.98% |
| 2016-12-31 | 66.69% |
| 2016-09-30 | 34.78% |
| 2016-06-30 | 32.53% |
| 2016-03-31 | 33.50% |
| 2015-12-31 | 14.07% |
| 2015-09-30 | 111.47% |
| 2015-06-30 | 33.89% |
| 2015-03-31 | 13.17% |
| 2014-12-31 | 23.09% |
| 2014-09-30 | 21.11% |
| 2014-06-30 | 33.06% |
| 2014-03-31 | 35.73% |
| 2013-12-31 | 11.61% |
| 2013-09-30 | 30.56% |
| 2013-06-30 | 29.56% |
| 2013-03-31 | -339.03% |
| 2012-12-31 | 11.08% |
| 2012-09-30 | 15.62% |
| 2012-06-30 | 17.45% |
| 2012-03-31 | 10.67% |
| 2011-12-31 | 16.36% |
| 2011-09-30 | 31.46% |
| 2011-06-30 | 32.78% |
| 2011-03-31 | 40.23% |
| 2010-09-30 | 41.33% |
| 2008-12-31 | 35.30% |
| 2008-09-30 | 35.95% |
| 2008-06-30 | 35.58% |
| 2008-03-31 | 35.10% |
| 2007-12-31 | 40.76% |
| 2007-09-30 | 37.31% |
| 2007-07-01 | 38.83% |
| 2007-03-31 | 34.92% |
| 2006-12-31 | 38.19% |
| 2006-10-01 | 37.69% |
| 2006-06-30 | 43.98% |
| 2006-03-31 | -297.21% |
| 2006-01-01 | 55.11% |
| 2005-09-30 | 36.08% |
| 2005-06-30 | 18.25% |
| 2005-03-31 | -9.37% |
| 2004-12-31 | 35.06% |
| 2004-09-30 | 29.21% |
| 2004-06-30 | 17.80% |
| 2004-03-31 | 478.70% |
| 2003-12-31 | 46.79% |
| 2003-09-30 | 46.24% |
| 2003-06-30 | 27.47% |
| 2002-09-29 | 34.81% |
