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 25.97% is 219% above its 5-year average of 8.14%, near the high end of its 5-year range (-169.53%–49.79%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.67% above its 12-month average of 24.82%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.97%
TAX RATE AVG TTM
24.82%
TAX RATE AVG 3Y
25.19%
TAX RATE AVG 5Y
25.82%
TAX RATE AVG 10Y
17.32%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+4.67%
CURRENT VS 3Y AVG
+3.11%
CURRENT VS 5Y AVG
+0.61%
CURRENT VS 10Y AVG
+50.00%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 25.97% |
| 2025-12-31 | 21.54% |
| 2025-09-30 | 19.44% |
| 2025-06-30 | 25.43% |
| 2025-03-31 | 31.69% |
| 2024-12-31 | 28.21% |
| 2024-09-30 | 24.13% |
| 2024-06-30 | 23.59% |
| 2024-03-31 | -10.49% |
| 2023-12-31 | -4.10% |
| 2023-09-30 | 49.79% |
| 2023-06-30 | 27.24% |
| 2023-03-31 | 24.65% |
| 2022-12-31 | 31.08% |
| 2022-09-30 | 30.78% |
| 2022-06-30 | 32.40% |
| 2022-03-31 | -169.53% |
| 2021-09-30 | 21.83% |
| 2021-06-30 | 19.26% |
| 2021-03-31 | -90.09% |
| 2020-12-31 | -336.90% |
| 2020-09-30 | 3.86% |
| 2020-06-30 | -0.22% |
| 2020-03-31 | 11.16% |
| 2019-12-31 | 1.70% |
| 2019-09-30 | 0.00% |
| 2018-09-30 | -4.02% |
| 2018-06-30 | -2.03% |
| 2017-12-31 | 209.30% |
| 2015-12-31 | 6.25% |
| 2014-12-31 | 7.14% |
