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 41.89% is 29% above its 5-year average of 32.47%, near the high end of its 5-year range (23.34%–46.21%).
As of the fiscal period ended Tuesday, March 31, 2026. 10.39% above its 12-month average of 37.95%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
41.89%
TAX RATE AVG TTM
37.95%
TAX RATE AVG 3Y
34.47%
TAX RATE AVG 5Y
32.47%
TAX RATE AVG 10Y
29.76%
TAX RATE AVG 15Y
33.33%
TAX RATE AVG 20Y
36.03%
CURRENT VS TTM AVG
+10.39%
CURRENT VS 3Y AVG
+21.53%
CURRENT VS 5Y AVG
+29.02%
CURRENT VS 10Y AVG
+40.77%
CURRENT VS 15Y AVG
+25.69%
CURRENT VS 20Y AVG
+16.25%
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 | 41.89% |
| 2025-12-31 | 38.14% |
| 2025-09-30 | 33.27% |
| 2025-06-30 | 39.35% |
| 2025-03-31 | 37.09% |
| 2024-12-31 | 46.21% |
| 2024-09-30 | 30.71% |
| 2024-06-30 | 36.85% |
| 2024-03-31 | 29.93% |
| 2023-12-31 | 35.73% |
| 2023-09-30 | 24.98% |
| 2023-06-30 | 23.34% |
| 2023-03-31 | 30.61% |
| 2022-12-31 | 34.97% |
| 2022-09-30 | 24.11% |
| 2022-06-30 | 26.79% |
| 2022-03-31 | 30.67% |
| 2021-12-31 | 27.24% |
| 2021-09-30 | 24.08% |
| 2021-06-30 | 30.03% |
| 2021-03-31 | 35.78% |
| 2020-03-31 | 13.61% |
| 2019-09-30 | 36.28% |
| 2019-06-30 | 27.72% |
| 2019-03-31 | 33.23% |
| 2018-12-31 | 23.99% |
| 2018-09-30 | 28.83% |
| 2018-06-30 | 30.23% |
| 2018-03-31 | 27.87% |
| 2017-12-31 | -110.53% |
| 2017-09-30 | 25.28% |
| 2017-06-30 | 24.94% |
| 2017-03-31 | 13.74% |
| 2016-12-31 | 14.45% |
| 2016-09-30 | -17.31% |
| 2015-09-30 | 26.11% |
| 2015-06-30 | 55.39% |
| 2015-03-31 | 10.50% |
| 2014-12-31 | 35.51% |
| 2014-09-30 | 36.51% |
| 2014-06-30 | 36.97% |
| 2014-03-31 | 42.97% |
| 2013-12-31 | 39.52% |
| 2013-09-30 | 43.45% |
| 2013-06-30 | 37.08% |
| 2013-03-31 | 39.33% |
| 2012-12-31 | 39.07% |
| 2012-09-30 | 46.56% |
| 2012-06-30 | 41.46% |
| 2012-03-31 | 46.15% |
| 2011-12-31 | 48.30% |
| 2011-09-30 | 41.10% |
| 2011-06-30 | 41.24% |
| 2011-03-31 | 43.90% |
| 2010-12-31 | 39.31% |
| 2010-09-30 | 44.83% |
| 2010-06-30 | 37.90% |
| 2010-03-31 | 40.13% |
| 2009-12-31 | 46.71% |
| 2009-09-30 | 37.85% |
| 2009-06-30 | 47.37% |
| 2009-03-31 | 41.57% |
| 2008-12-31 | 32.39% |
| 2008-09-30 | 44.74% |
| 2008-06-30 | 48.92% |
| 2008-03-31 | 46.46% |
| 2007-12-31 | 43.17% |
| 2007-09-30 | 46.63% |
| 2007-06-30 | 40.63% |
| 2007-03-31 | 37.63% |
| 2006-12-31 | 43.12% |
| 2006-09-30 | 46.19% |
| 2006-06-30 | 48.05% |
| 2006-03-31 | 47.71% |
| 2005-12-31 | 42.11% |
| 2005-09-30 | 46.16% |
| 2005-06-30 | 42.94% |
| 2005-03-31 | 45.45% |
| 2004-12-31 | 35.14% |
| 2004-09-30 | 38.97% |
| 2004-06-30 | 33.53% |
| 2004-03-31 | 40.33% |
| 2003-12-31 | 32.88% |
| 2003-09-30 | 40.95% |
| 2003-06-03 | 46.16% |
| 2003-03-31 | 45.29% |
| 2002-12-31 | 43.36% |
| 2002-06-30 | 68.28% |
