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 5.76% is 61% below its 5-year average of 14.66%, around the middle of its 5-year range (-21.17%–32.80%).
As of the fiscal period ended Tuesday, March 31, 2026. 51.03% below its 12-month average of 11.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
5.76%
TAX RATE AVG TTM
11.75%
TAX RATE AVG 3Y
15.64%
TAX RATE AVG 5Y
16.77%
TAX RATE AVG 10Y
18.22%
TAX RATE AVG 15Y
23.56%
TAX RATE AVG 20Y
27.48%
CURRENT VS TTM AVG
-51.03%
CURRENT VS 3Y AVG
-63.20%
CURRENT VS 5Y AVG
-65.68%
CURRENT VS 10Y AVG
-68.41%
CURRENT VS 15Y AVG
-75.57%
CURRENT VS 20Y AVG
-79.06%
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 | 5.76% |
| 2025-12-31 | 7.00% |
| 2025-09-30 | 17.36% |
| 2025-06-30 | 21.30% |
| 2025-03-31 | 7.35% |
| 2024-09-30 | 18.33% |
| 2024-06-30 | 19.38% |
| 2024-03-31 | 14.55% |
| 2023-12-31 | 32.80% |
| 2023-09-30 | 21.84% |
| 2023-06-30 | 19.10% |
| 2023-03-31 | 20.09% |
| 2022-09-30 | 10.06% |
| 2022-03-31 | 25.43% |
| 2021-12-31 | 21.47% |
| 2021-09-30 | 5.50% |
| 2021-06-30 | -21.17% |
| 2021-03-31 | 17.79% |
| 2020-12-31 | 20.18% |
| 2020-06-30 | 4.08% |
| 2019-12-31 | 12.40% |
| 2019-09-30 | -9.73% |
| 2019-06-30 | 42.57% |
| 2018-12-31 | 12.55% |
| 2018-09-30 | 22.88% |
| 2018-06-30 | 15.55% |
| 2018-03-31 | 20.42% |
| 2017-12-31 | -115.00% |
| 2017-09-30 | 28.10% |
| 2017-06-30 | 24.59% |
| 2017-03-31 | 28.98% |
| 2016-12-31 | 16.07% |
| 2016-09-30 | 24.01% |
| 2016-06-30 | 24.76% |
| 2016-03-31 | 25.21% |
| 2015-12-31 | 23.27% |
| 2015-09-30 | 33.74% |
| 2015-06-30 | 31.25% |
| 2015-03-31 | 35.64% |
| 2014-12-31 | -11.16% |
| 2014-09-30 | 30.04% |
| 2014-06-30 | 28.13% |
| 2014-03-31 | 32.57% |
| 2013-12-31 | 29.61% |
| 2013-09-30 | 33.78% |
| 2013-06-30 | 29.44% |
| 2013-03-31 | 36.50% |
| 2012-09-30 | 34.88% |
| 2012-06-30 | 35.85% |
| 2012-03-31 | 34.49% |
| 2011-12-31 | 10.00% |
| 2011-09-30 | 34.12% |
| 2011-06-30 | 37.95% |
| 2011-03-31 | 39.09% |
| 2010-12-31 | 44.96% |
| 2010-09-30 | 39.24% |
| 2010-06-30 | 39.14% |
| 2010-03-31 | 47.43% |
| 2009-09-30 | 36.04% |
| 2009-06-30 | 35.91% |
| 2009-03-31 | 36.72% |
| 2008-12-31 | 33.84% |
| 2008-09-30 | 40.19% |
| 2008-06-30 | 39.68% |
| 2008-03-31 | 18.76% |
| 2007-12-31 | 40.67% |
| 2007-09-30 | 39.24% |
| 2007-03-31 | 39.49% |
| 2006-12-31 | 46.50% |
| 2006-09-30 | 39.16% |
| 2006-06-30 | 46.32% |
| 2006-03-31 | 27.75% |
| 2005-12-31 | 37.83% |
| 2005-09-30 | -25.00% |
| 2005-06-30 | 34.65% |
| 2005-03-31 | 36.63% |
| 2004-12-31 | 27.04% |
| 2004-09-30 | 39.61% |
| 2004-06-30 | 34.52% |
| 2004-03-31 | 36.88% |
| 2003-12-31 | 0.70% |
| 2003-09-30 | 39.07% |
| 2003-06-30 | 36.10% |
| 2003-03-31 | 35.89% |
| 2002-12-31 | 31.58% |
| 2002-09-30 | 32.92% |
| 2002-06-30 | 34.77% |
