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 25.04% is 35% above its 5-year average of 18.53%, near the high end of its 5-year range (-114.23%–63.36%).
As of the fiscal period ended Tuesday, March 31, 2026. 521.23% above its 12-month average of -5.94%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.04%
TAX RATE AVG TTM
-5.94%
TAX RATE AVG 3Y
15.25%
TAX RATE AVG 5Y
24.14%
TAX RATE AVG 10Y
26.66%
TAX RATE AVG 15Y
29.44%
TAX RATE AVG 20Y
29.85%
CURRENT VS TTM AVG
+521.23%
CURRENT VS 3Y AVG
+64.22%
CURRENT VS 5Y AVG
+3.70%
CURRENT VS 10Y AVG
-6.07%
CURRENT VS 15Y AVG
-14.95%
CURRENT VS 20Y AVG
-16.11%
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 | 25.04% |
| 2025-12-31 | 12.68% |
| 2025-09-30 | -114.23% |
| 2025-06-30 | 23.78% |
| 2025-03-31 | 23.01% |
| 2024-12-31 | 50.65% |
| 2024-06-30 | 24.47% |
| 2024-03-31 | 23.68% |
| 2023-09-30 | 11.84% |
| 2023-06-30 | 63.36% |
| 2023-03-31 | 23.44% |
| 2022-12-31 | 24.46% |
| 2022-09-30 | 25.09% |
| 2022-06-30 | 24.55% |
| 2022-03-31 | 23.40% |
| 2021-12-31 | 13.89% |
| 2021-09-30 | 24.82% |
| 2021-06-30 | 24.49% |
| 2021-03-31 | 23.65% |
| 2020-12-31 | 20.49% |
| 2020-09-30 | 23.72% |
| 2020-06-30 | 22.91% |
| 2020-03-31 | 21.44% |
| 2019-12-31 | 23.89% |
| 2019-09-30 | 20.01% |
| 2019-06-30 | 48.04% |
| 2019-03-31 | 21.17% |
| 2018-12-31 | 22.70% |
| 2018-09-30 | 18.54% |
| 2018-06-30 | 22.36% |
| 2018-03-31 | 23.58% |
| 2017-12-31 | 35.37% |
| 2017-09-30 | 36.82% |
| 2017-06-30 | 37.11% |
| 2017-03-31 | 37.65% |
| 2016-12-31 | 35.43% |
| 2016-09-30 | 36.93% |
| 2016-06-30 | 37.90% |
| 2016-03-31 | 37.29% |
| 2015-12-31 | 39.38% |
| 2015-09-30 | 37.74% |
| 2015-06-30 | 37.06% |
| 2015-03-31 | 37.52% |
| 2014-12-31 | 35.39% |
| 2014-09-30 | 34.86% |
| 2014-06-30 | 37.57% |
| 2014-03-31 | 37.31% |
| 2013-12-31 | 36.15% |
| 2013-09-30 | 34.09% |
| 2013-06-30 | 35.58% |
| 2013-03-31 | 34.38% |
| 2012-12-31 | 29.96% |
| 2012-09-30 | 35.90% |
| 2012-06-30 | 36.05% |
| 2012-03-31 | 35.71% |
| 2011-12-31 | 10.19% |
| 2011-09-30 | 35.30% |
| 2011-06-30 | 36.12% |
| 2011-03-31 | 35.47% |
| 2010-12-31 | 27.30% |
| 2010-09-30 | 29.14% |
| 2010-06-30 | 34.92% |
| 2010-03-31 | 47.69% |
| 2009-12-31 | 36.69% |
| 2009-09-30 | 35.38% |
| 2009-06-30 | 33.48% |
| 2009-03-31 | 34.17% |
| 2008-12-31 | 33.72% |
| 2008-09-30 | 22.72% |
| 2008-06-30 | 28.14% |
| 2008-03-31 | 28.14% |
| 2007-12-31 | 31.68% |
| 2007-09-30 | 29.28% |
| 2007-06-30 | 31.70% |
| 2007-03-31 | 29.56% |
| 2006-12-31 | 10.48% |
| 2006-09-30 | -267.12% |
| 2006-06-30 | 36.25% |
| 2004-09-30 | 27.44% |
| 2004-06-30 | 28.91% |
| 2004-03-31 | 38.38% |
| 2003-09-30 | 36.15% |
| 2003-06-30 | 39.00% |
| 2003-03-31 | 39.05% |
| 2002-12-31 | 41.06% |
| 2002-09-30 | 39.39% |
| 2002-06-30 | -13.30% |
