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 19.03% is 47% above its 5-year average of 12.98%, around the middle of its 5-year range (-14.58%–43.61%).
As of the fiscal period ended Tuesday, March 31, 2026. 23.63% below its 12-month average of 24.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.03%
TAX RATE AVG TTM
24.92%
TAX RATE AVG 3Y
22.21%
TAX RATE AVG 5Y
12.98%
TAX RATE AVG 10Y
3.96%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-23.63%
CURRENT VS 3Y AVG
-14.32%
CURRENT VS 5Y AVG
+46.62%
CURRENT VS 10Y AVG
+380.24%
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 | 19.03% |
| 2025-12-31 | 19.03% |
| 2025-09-30 | 18.01% |
| 2025-06-30 | 43.61% |
| 2024-12-31 | 27.16% |
| 2024-09-30 | 22.28% |
| 2024-06-30 | 32.89% |
| 2024-03-31 | 20.90% |
| 2023-12-31 | 23.73% |
| 2023-09-30 | 9.40% |
| 2023-03-31 | 8.29% |
| 2022-12-31 | 14.34% |
| 2022-06-30 | 0.05% |
| 2022-03-31 | -0.14% |
| 2021-12-31 | -11.90% |
| 2021-09-30 | -7.32% |
| 2021-06-30 | -14.58% |
| 2021-03-31 | 8.85% |
| 2020-12-31 | 3.11% |
| 2020-09-30 | -1.51% |
| 2020-06-30 | 14.15% |
| 2020-03-31 | -29.19% |
| 2019-12-31 | -37.54% |
| 2019-09-30 | -46.70% |
| 2019-06-30 | -11.33% |
| 2019-03-31 | -0.45% |
| 2018-12-31 | -80.32% |
| 2018-09-30 | -36.30% |
| 2018-06-30 | 26.94% |
| 2018-03-31 | 0.11% |
| 2017-12-31 | -144.99% |
| 2017-09-30 | -94.88% |
| 2017-06-30 | -422.80% |
| 2016-09-30 | 222.15% |
| 2016-03-31 | 91.95% |
| 2015-12-31 | 300.76% |
| 2013-12-31 | 316.32% |
