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 20.45% is 31% above its 5-year average of 15.58%, near the low end of its 5-year range (-4.27%–82.29%).
As of the fiscal period ended Tuesday, March 31, 2026. 44.41% above its 12-month average of 14.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 20.45%.
TAX RATE
20.45%
TAX RATE AVG TTM
14.16%
TAX RATE AVG 3Y
24.80%
TAX RATE AVG 5Y
15.58%
TAX RATE AVG 10Y
10.11%
TAX RATE AVG 15Y
9.56%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+44.41%
CURRENT VS 3Y AVG
-17.55%
CURRENT VS 5Y AVG
+31.26%
CURRENT VS 10Y AVG
+102.29%
CURRENT VS 15Y AVG
+113.85%
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 | 20.45% |
| 2025-12-31 | 15.83% |
| 2025-09-30 | 8.09% |
| 2025-06-30 | 12.27% |
| 2024-12-31 | 17.66% |
| 2024-09-30 | 82.29% |
| 2024-03-31 | 19.04% |
| 2023-12-31 | -0.54% |
| 2023-09-30 | 4.54% |
| 2023-06-30 | 77.95% |
| 2023-03-31 | 15.25% |
| 2022-09-30 | 19.93% |
| 2022-06-30 | -4.27% |
| 2022-03-31 | 15.34% |
| 2021-12-31 | 19.19% |
| 2021-09-30 | 16.67% |
| 2021-06-30 | 18.60% |
| 2021-03-31 | 15.25% |
| 2020-12-31 | 17.35% |
| 2020-09-30 | 17.56% |
| 2020-06-30 | 16.84% |
| 2020-03-31 | 16.79% |
| 2019-12-31 | 17.65% |
| 2019-09-30 | 18.33% |
| 2019-06-30 | 18.47% |
| 2019-03-31 | 17.53% |
| 2018-12-31 | -268.07% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2012-03-31 | 0.00% |
