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 3.28% is 17% above its 4-year average of 2.80%, around the middle of its 4-year range (-15.69%–13.04%).
As of the fiscal period ended Tuesday, March 31, 2026. 30.73% below its 12-month average of 4.74%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
3.28%
TAX RATE AVG TTM
4.74%
TAX RATE AVG 3Y
4.11%
TAX RATE AVG 5Y
3.89%
TAX RATE AVG 10Y
4.47%
TAX RATE AVG 15Y
4.40%
TAX RATE AVG 20Y
3.84%
CURRENT VS TTM AVG
-30.73%
CURRENT VS 3Y AVG
-20.18%
CURRENT VS 5Y AVG
-15.68%
CURRENT VS 10Y AVG
-26.53%
CURRENT VS 15Y AVG
-25.36%
CURRENT VS 20Y AVG
-14.50%
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 | 3.28% |
| 2025-12-31 | 4.86% |
| 2025-09-30 | 5.23% |
| 2025-06-30 | 10.71% |
| 2025-03-31 | -0.40% |
| 2024-12-31 | -5.83% |
| 2024-09-30 | 6.67% |
| 2024-06-30 | 6.20% |
| 2024-03-31 | -0.74% |
| 2023-12-31 | 6.29% |
| 2023-09-30 | 11.72% |
| 2023-06-30 | 6.14% |
| 2023-03-31 | -0.69% |
| 2022-12-31 | -2.05% |
| 2022-09-30 | 4.92% |
| 2022-06-30 | 13.04% |
| 2022-03-31 | -15.69% |
| 2021-12-31 | -3.19% |
| 2019-12-31 | 8.99% |
| 2019-09-30 | 1.06% |
| 2019-06-30 | 5.23% |
| 2019-03-31 | 1.05% |
| 2018-12-31 | 22.14% |
| 2018-09-30 | 10.00% |
| 2018-06-30 | 7.46% |
| 2018-03-31 | 1.54% |
| 2017-12-31 | 15.45% |
| 2017-09-30 | 28.57% |
| 2017-06-30 | 11.30% |
| 2017-03-31 | -3.87% |
| 2016-12-31 | -1.59% |
| 2016-09-30 | 14.96% |
| 2016-06-30 | 8.36% |
| 2016-03-31 | -5.14% |
| 2015-12-31 | -2.47% |
| 2015-09-30 | 9.38% |
| 2015-06-30 | 5.73% |
| 2015-03-31 | -10.00% |
| 2014-12-31 | -1.18% |
| 2014-09-30 | 3.97% |
| 2014-06-30 | 8.62% |
| 2014-03-31 | -2.21% |
| 2013-12-31 | 3.45% |
| 2013-09-30 | 84.62% |
| 2013-06-30 | 11.45% |
| 2013-03-31 | -25.93% |
| 2012-12-31 | 58.33% |
| 2012-06-15 | 13.04% |
| 2011-12-31 | 33.33% |
| 2011-06-17 | 10.67% |
| 2010-06-18 | 23.08% |
| 2008-12-31 | -12.96% |
| 2008-09-05 | 12.12% |
| 2008-06-13 | 6.84% |
| 2008-03-21 | -12.73% |
| 2007-12-31 | 0.00% |
| 2007-09-07 | -4.49% |
| 2007-06-15 | 7.05% |
| 2007-03-23 | -17.14% |
| 2006-12-31 | -5.92% |
| 2006-09-08 | -15.38% |
| 2006-06-16 | 15.74% |
| 2006-03-24 | 7.69% |
| 2005-12-31 | 1.67% |
| 2005-06-17 | 30.89% |
| 2004-12-31 | -80.00% |
| 2004-06-18 | 220.00% |
| 2002-06-14 | 31.43% |