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 22.85% is in line with its 5-year average of 24.62%, around the middle of its 5-year range (-133.33%–201.85%).
As of the fiscal period ended Tuesday, March 31, 2026. 316.81% above its 12-month average of -10.54%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.85%
TAX RATE AVG TTM
-10.54%
TAX RATE AVG 3Y
21.36%
TAX RATE AVG 5Y
20.44%
TAX RATE AVG 10Y
24.59%
TAX RATE AVG 15Y
29.53%
TAX RATE AVG 20Y
31.98%
CURRENT VS TTM AVG
+316.81%
CURRENT VS 3Y AVG
+6.98%
CURRENT VS 5Y AVG
+11.78%
CURRENT VS 10Y AVG
-7.07%
CURRENT VS 15Y AVG
-22.63%
CURRENT VS 20Y AVG
-28.55%
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 | 22.85% |
| 2025-12-31 | -133.33% |
| 2025-09-30 | 12.79% |
| 2025-06-30 | 21.67% |
| 2025-03-31 | 23.33% |
| 2024-12-31 | 21.90% |
| 2024-09-30 | 16.79% |
| 2024-06-30 | 39.88% |
| 2024-03-31 | 33.58% |
| 2023-12-31 | 27.82% |
| 2023-09-30 | 6.17% |
| 2023-06-30 | 22.56% |
| 2023-03-31 | 22.50% |
| 2022-12-31 | 201.85% |
| 2022-09-30 | 23.39% |
| 2022-06-30 | 20.33% |
| 2022-03-31 | 22.37% |
| 2021-12-31 | 10.23% |
| 2021-09-30 | 17.46% |
| 2021-06-30 | 62.34% |
| 2021-03-31 | 20.62% |
| 2020-12-31 | 1.85% |
| 2020-09-30 | 20.14% |
| 2020-06-30 | 17.69% |
| 2019-09-30 | 21.57% |
| 2019-06-30 | 19.19% |
| 2019-03-31 | 20.76% |
| 2018-12-31 | -7.69% |
| 2018-09-30 | 23.27% |
| 2018-06-30 | 24.69% |
| 2018-03-31 | 56.28% |
| 2017-09-30 | 37.64% |
| 2017-06-30 | 40.21% |
| 2017-03-31 | 38.07% |
| 2016-09-30 | 39.78% |
| 2016-03-31 | 39.37% |
| 2015-09-30 | 36.39% |
| 2015-06-30 | 38.08% |
| 2015-03-31 | 39.34% |
| 2014-09-30 | 31.34% |
| 2014-06-30 | 28.89% |
| 2014-03-31 | 28.24% |
| 2013-12-31 | 31.73% |
| 2013-09-30 | 26.92% |
| 2013-03-31 | 37.18% |
| 2012-09-30 | 42.10% |
| 2012-06-30 | 40.32% |
| 2012-03-31 | 42.05% |
| 2011-12-31 | 36.84% |
| 2011-09-30 | 37.93% |
| 2011-06-30 | 37.13% |
| 2011-03-31 | 63.41% |
| 2010-12-31 | 39.60% |
| 2010-09-30 | 40.48% |
| 2010-06-30 | 34.36% |
| 2010-03-31 | 42.69% |
| 2009-12-31 | -362.75% |
| 2009-09-30 | 35.75% |
| 2009-06-30 | 37.80% |
| 2009-03-31 | 31.95% |
| 2008-12-31 | 36.64% |
| 2008-09-30 | 33.57% |
| 2008-06-30 | 37.83% |
| 2008-03-31 | 40.39% |
| 2007-12-31 | 41.23% |
| 2007-09-30 | 39.80% |
| 2007-06-30 | 39.64% |
| 2007-03-31 | 40.82% |
| 2006-12-31 | 38.14% |
| 2006-09-30 | 37.47% |
| 2006-06-30 | 41.65% |
| 2006-03-31 | 37.75% |
| 2005-12-31 | 41.22% |
| 2005-09-30 | 41.65% |
| 2005-06-30 | 57.38% |
| 2005-03-31 | 46.18% |
| 2004-12-31 | 44.99% |
| 2004-09-30 | 41.97% |
| 2004-06-30 | 46.60% |
| 2004-03-31 | 40.00% |
| 2003-12-31 | 51.92% |
| 2003-09-30 | 46.50% |
| 2003-06-30 | 66.67% |
| 2003-03-31 | 42.38% |
| 2002-12-31 | 43.79% |
| 2002-09-30 | 43.50% |
| 2002-06-30 | 44.17% |
