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 11.89% is in line with its 5-year average of 12.56%, near the high end of its 5-year range (-37.08%–27.46%).
As of the fiscal period ended Tuesday, March 31, 2026. 7.26% above its 12-month average of 11.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
11.89%
TAX RATE AVG TTM
11.08%
TAX RATE AVG 3Y
13.02%
TAX RATE AVG 5Y
14.49%
TAX RATE AVG 10Y
18.62%
TAX RATE AVG 15Y
20.57%
TAX RATE AVG 20Y
21.18%
CURRENT VS TTM AVG
+7.26%
CURRENT VS 3Y AVG
-8.68%
CURRENT VS 5Y AVG
-17.97%
CURRENT VS 10Y AVG
-36.14%
CURRENT VS 15Y AVG
-42.19%
CURRENT VS 20Y AVG
-43.85%
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 | 11.89% |
| 2025-12-31 | 15.38% |
| 2025-09-30 | 6.27% |
| 2025-06-30 | 9.38% |
| 2025-03-31 | 12.50% |
| 2024-09-30 | 15.43% |
| 2024-06-30 | 13.51% |
| 2024-03-31 | 16.61% |
| 2023-12-31 | 15.84% |
| 2023-09-30 | 6.76% |
| 2023-06-30 | 15.16% |
| 2023-03-31 | 17.52% |
| 2022-12-31 | 27.46% |
| 2022-09-30 | 14.05% |
| 2022-06-30 | 3.84% |
| 2022-03-31 | 18.15% |
| 2021-12-31 | 25.39% |
| 2021-09-30 | 25.93% |
| 2021-06-30 | -37.08% |
| 2021-03-31 | 17.29% |
| 2020-12-31 | 44.78% |
| 2020-09-30 | 30.91% |
| 2020-06-30 | 25.13% |
| 2020-03-31 | 20.24% |
| 2019-12-31 | 23.16% |
| 2019-09-30 | 32.37% |
| 2019-06-30 | 24.75% |
| 2019-03-31 | 26.55% |
| 2018-12-31 | 19.15% |
| 2018-09-30 | 12.91% |
| 2018-06-30 | 8.59% |
| 2018-03-31 | 21.04% |
| 2017-12-31 | 30.74% |
| 2017-09-30 | 2.67% |
| 2017-06-30 | 16.91% |
| 2017-03-31 | 24.15% |
| 2016-12-31 | 23.44% |
| 2016-09-30 | 31.84% |
| 2016-06-30 | 26.00% |
| 2015-12-31 | -23.66% |
| 2015-09-30 | 21.97% |
| 2015-06-30 | 11.18% |
| 2015-03-31 | 7.51% |
| 2014-09-30 | 41.58% |
| 2014-06-30 | -24.97% |
| 2014-03-31 | 24.71% |
| 2013-12-31 | 4.16% |
| 2013-09-30 | 22.48% |
| 2013-03-31 | 25.61% |
| 2012-12-31 | 33.54% |
| 2012-09-30 | 31.66% |
| 2012-06-30 | 31.49% |
| 2012-03-31 | 28.58% |
| 2011-12-31 | 46.11% |
| 2011-09-30 | 20.29% |
| 2011-06-30 | 20.88% |
| 2011-03-31 | 30.67% |
| 2010-12-31 | -25.06% |
| 2010-09-30 | 29.29% |
| 2010-03-31 | 37.93% |
| 2009-12-31 | 35.36% |
| 2009-09-30 | 28.03% |
| 2009-06-30 | 38.61% |
| 2009-03-31 | 42.89% |
| 2008-12-31 | -900.68% |
| 2008-09-30 | 3.26% |
| 2008-06-30 | -57.33% |
| 2008-03-31 | 11.04% |
| 2007-09-30 | 4.96% |
| 2007-06-30 | 13.93% |
| 2006-12-31 | -4.97% |
