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 18.66% is 36% below its 5-year average of 29.28%, around the middle of its 5-year range (-40.91%–157.14%).
As of the fiscal period ended Tuesday, March 31, 2026. 841.24% above its 12-month average of -2.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.66%
TAX RATE AVG TTM
-2.52%
TAX RATE AVG 3Y
33.71%
TAX RATE AVG 5Y
24.85%
TAX RATE AVG 10Y
19.25%
TAX RATE AVG 15Y
22.05%
TAX RATE AVG 20Y
23.49%
CURRENT VS TTM AVG
+841.24%
CURRENT VS 3Y AVG
-44.65%
CURRENT VS 5Y AVG
-24.91%
CURRENT VS 10Y AVG
-3.07%
CURRENT VS 15Y AVG
-15.36%
CURRENT VS 20Y AVG
-20.55%
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 | 18.66% |
| 2025-12-31 | -40.91% |
| 2025-09-30 | 26.79% |
| 2025-06-30 | -14.61% |
| 2024-09-30 | 36.84% |
| 2024-06-30 | 6.01% |
| 2024-03-31 | 46.96% |
| 2023-09-30 | 54.24% |
| 2023-06-30 | 46.00% |
| 2023-03-31 | 157.14% |
| 2022-06-30 | 16.15% |
| 2022-03-31 | 13.68% |
| 2021-12-31 | 19.30% |
| 2021-09-30 | 21.20% |
| 2021-06-30 | 31.82% |
| 2020-12-31 | 16.06% |
| 2020-09-30 | 18.10% |
| 2020-06-30 | 15.38% |
| 2020-03-31 | 16.99% |
| 2019-12-31 | 16.73% |
| 2019-09-30 | 17.25% |
| 2019-06-30 | 18.06% |
| 2019-03-31 | 17.36% |
| 2018-12-31 | 76.62% |
| 2018-09-30 | 4.95% |
| 2018-06-30 | 18.68% |
| 2018-03-31 | 18.52% |
| 2017-12-31 | 134.86% |
| 2017-09-30 | 21.98% |
| 2017-06-30 | 22.70% |
| 2017-03-31 | 16.41% |
| 2016-12-31 | 22.70% |
| 2016-09-30 | 20.82% |
| 2016-06-30 | 23.23% |
| 2016-03-31 | 23.43% |
| 2015-12-31 | 23.00% |
| 2015-09-30 | 25.51% |
| 2015-06-30 | 23.07% |
| 2015-03-31 | 18.00% |
| 2014-12-31 | 23.35% |
| 2014-09-30 | 24.45% |
| 2014-06-30 | 24.64% |
| 2014-03-31 | 25.34% |
| 2013-12-31 | 25.89% |
| 2013-09-30 | 26.08% |
| 2013-06-30 | 27.30% |
| 2013-03-31 | 28.88% |
| 2012-12-31 | 23.19% |
| 2012-09-30 | 86.57% |
| 2012-06-30 | 27.70% |
| 2012-03-31 | 26.54% |
| 2011-12-31 | 39.81% |
| 2011-09-30 | 26.88% |
| 2011-06-30 | 27.39% |
| 2011-03-31 | 27.31% |
| 2010-12-31 | 21.39% |
| 2010-09-30 | 27.45% |
| 2010-06-30 | 28.28% |
| 2010-03-31 | 28.39% |
| 2009-12-31 | 37.42% |
| 2009-09-30 | 28.92% |
| 2009-06-30 | 29.20% |
| 2009-03-31 | 25.36% |
| 2008-12-31 | -26.44% |
| 2008-09-30 | 27.50% |
| 2008-06-30 | 23.16% |
| 2008-03-31 | 25.39% |
| 2007-12-31 | 26.21% |
| 2007-09-30 | 27.00% |
| 2007-06-30 | 19.18% |
| 2007-03-31 | 28.04% |
| 2006-12-31 | 23.13% |
| 2006-09-30 | 29.83% |
| 2006-06-30 | 27.96% |
| 2006-03-31 | 28.64% |
| 2005-12-31 | 29.35% |
| 2005-09-30 | -3.50% |
| 2005-06-30 | 30.83% |
| 2005-03-31 | 31.20% |
| 2004-12-31 | 27.35% |
| 2004-09-30 | 29.88% |
| 2004-06-30 | 31.17% |
| 2004-03-31 | 31.50% |
| 2003-12-31 | 31.01% |
| 2003-09-30 | 31.64% |
| 2003-06-30 | 31.82% |
| 2003-03-31 | 31.17% |
| 2002-12-31 | 33.75% |
| 2002-09-30 | 33.74% |
| 2002-06-30 | 34.10% |
