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 12.40% is 20% below its 5-year average of 15.55%, around the middle of its 5-year range (-34.65%–105.36%).
As of the fiscal period ended Tuesday, March 31, 2026. 53.63% below its 12-month average of 26.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.40%
TAX RATE AVG TTM
26.73%
TAX RATE AVG 3Y
19.73%
TAX RATE AVG 5Y
12.91%
TAX RATE AVG 10Y
15.71%
TAX RATE AVG 15Y
19.20%
TAX RATE AVG 20Y
18.22%
CURRENT VS TTM AVG
-53.63%
CURRENT VS 3Y AVG
-37.17%
CURRENT VS 5Y AVG
-3.98%
CURRENT VS 10Y AVG
-21.09%
CURRENT VS 15Y AVG
-35.44%
CURRENT VS 20Y AVG
-31.95%
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 | 12.40% |
| 2025-09-30 | -34.65% |
| 2025-06-30 | 105.36% |
| 2025-03-31 | 23.83% |
| 2024-12-31 | 20.87% |
| 2024-09-30 | -3.11% |
| 2024-06-30 | 24.82% |
| 2024-03-31 | 17.25% |
| 2023-09-30 | 15.43% |
| 2023-06-30 | 11.89% |
| 2023-03-31 | 22.97% |
| 2022-12-31 | -7.98% |
| 2022-06-30 | 19.34% |
| 2021-12-31 | -9.40% |
| 2021-09-30 | 3.34% |
| 2021-06-30 | 24.76% |
| 2021-03-31 | 17.25% |
| 2020-09-30 | 13.28% |
| 2020-06-30 | -3.14% |
| 2019-06-30 | 26.83% |
| 2019-03-31 | 26.52% |
| 2018-09-30 | 9.23% |
| 2018-06-30 | 20.76% |
| 2018-03-31 | 9.07% |
| 2017-12-31 | -34.83% |
| 2017-09-30 | 10.59% |
| 2017-06-30 | 9.25% |
| 2017-03-31 | 28.93% |
| 2016-09-30 | 30.71% |
| 2016-06-30 | 31.41% |
| 2016-03-31 | 32.76% |
| 2015-12-31 | 15.03% |
| 2015-09-30 | 33.39% |
| 2015-06-30 | 34.24% |
| 2015-03-31 | 35.13% |
| 2014-09-30 | 18.41% |
| 2014-06-30 | 37.91% |
| 2014-03-31 | 21.45% |
| 2013-12-31 | -212.91% |
| 2013-09-30 | 39.12% |
| 2013-06-30 | 32.16% |
| 2013-03-31 | 24.07% |
| 2012-12-31 | 13.36% |
| 2012-09-30 | 27.29% |
| 2012-06-30 | 34.92% |
| 2012-03-31 | 31.40% |
| 2011-12-31 | -836.96% |
| 2011-09-30 | 10.51% |
| 2011-06-30 | 7.90% |
| 2011-03-31 | 7.93% |
| 2010-12-31 | 32.86% |
| 2010-09-30 | 10.55% |
| 2010-06-30 | 8.82% |
| 2010-03-31 | 2.34% |
| 2009-12-31 | 10.28% |
| 2009-09-30 | 8.90% |
| 2009-06-30 | -0.67% |
| 2008-03-31 | 33.22% |
| 2007-06-30 | 13.28% |
| 2005-12-31 | -392.86% |
| 2005-06-30 | -41.46% |
| 2005-03-31 | 20.27% |
| 2004-09-30 | 27.44% |
| 2004-06-30 | 17.58% |
| 2004-03-31 | 28.61% |
| 2003-09-30 | 32.79% |
| 2003-06-30 | 27.16% |
| 2003-03-31 | 25.15% |
| 2002-12-31 | -11.34% |
| 2002-06-30 | 29.78% |
