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 18.13% is in line with its 5-year average of 19.69%, near the high end of its 5-year range (-96.35%–22.39%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.56% below its 12-month average of 19.83%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 18.13%.
TAX RATE
18.13%
TAX RATE AVG TTM
19.83%
TAX RATE AVG 3Y
20.39%
TAX RATE AVG 5Y
19.69%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-8.56%
CURRENT VS 3Y AVG
-11.10%
CURRENT VS 5Y AVG
-7.92%
CURRENT VS 10Y AVG
N/A
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 | 18.13% |
| 2025-12-31 | 22.39% |
| 2025-09-30 | 18.07% |
| 2025-06-30 | 19.95% |
| 2025-03-31 | 20.60% |
| 2024-12-31 | 18.89% |
| 2024-09-30 | 21.52% |
| 2024-06-30 | 21.02% |
| 2024-03-31 | 19.56% |
| 2023-12-31 | 21.02% |
| 2023-09-30 | 21.14% |
| 2023-06-30 | 21.46% |
| 2023-03-31 | 21.37% |
| 2022-12-31 | 20.36% |
| 2022-09-30 | 22.34% |
| 2022-06-30 | -96.35% |
| 2022-03-31 | 12.96% |
| 2021-12-31 | 14.70% |
| 2021-09-30 | 17.50% |
| 2021-06-30 | 16.18% |
| 2021-03-31 | 17.92% |
| 2020-12-31 | 14.26% |
| 2020-09-30 | 17.50% |
| 2020-06-30 | 19.31% |
| 2020-03-31 | 13.62% |
