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 15.23% is 41% above its 5-year average of 10.77%, near the high end of its 5-year range (-39.43%–22.59%).
As of the fiscal period ended Tuesday, March 31, 2026. 13.83% above its 12-month average of 13.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.23%
TAX RATE AVG TTM
13.38%
TAX RATE AVG 3Y
13.34%
TAX RATE AVG 5Y
13.27%
TAX RATE AVG 10Y
14.09%
TAX RATE AVG 15Y
16.99%
TAX RATE AVG 20Y
17.66%
CURRENT VS TTM AVG
+13.83%
CURRENT VS 3Y AVG
+14.13%
CURRENT VS 5Y AVG
+14.79%
CURRENT VS 10Y AVG
+8.10%
CURRENT VS 15Y AVG
-10.38%
CURRENT VS 20Y AVG
-13.77%
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 | 15.23% |
| 2025-12-31 | 13.88% |
| 2025-09-30 | 14.39% |
| 2025-06-30 | 9.48% |
| 2025-03-31 | 13.92% |
| 2024-12-31 | 15.22% |
| 2024-09-30 | 12.31% |
| 2024-06-30 | 11.49% |
| 2024-03-31 | 14.31% |
| 2023-12-31 | 15.73% |
| 2023-09-30 | 12.95% |
| 2023-06-30 | 11.72% |
| 2023-03-31 | 12.84% |
| 2022-12-31 | 14.36% |
| 2022-09-30 | 4.11% |
| 2022-06-30 | 15.19% |
| 2022-03-31 | 13.66% |
| 2021-12-31 | 22.59% |
| 2021-09-30 | -39.43% |
| 2021-06-30 | 10.69% |
| 2021-03-31 | 11.44% |
| 2020-12-31 | 13.35% |
| 2020-09-30 | 13.16% |
| 2020-06-30 | -1.30% |
| 2020-03-31 | 32.28% |
| 2019-12-31 | 10.50% |
| 2019-09-30 | 6.76% |
| 2019-06-30 | 6.04% |
| 2019-03-31 | 12.98% |
| 2018-12-31 | 11.27% |
| 2018-09-30 | 7.40% |
| 2018-06-30 | 14.20% |
| 2018-03-31 | 16.15% |
| 2017-12-31 | 138.67% |
| 2017-09-30 | 16.43% |
| 2017-06-30 | 21.19% |
| 2017-03-31 | 20.55% |
| 2016-12-31 | 22.35% |
| 2016-09-30 | 19.85% |
| 2016-06-30 | 17.34% |
| 2016-03-31 | 16.27% |
| 2015-12-31 | 17.94% |
| 2015-09-30 | 21.89% |
| 2015-06-30 | 18.82% |
| 2015-03-31 | 20.92% |
| 2014-09-30 | 27.04% |
| 2014-06-30 | 22.73% |
| 2014-03-31 | 18.97% |
| 2013-12-31 | 21.22% |
| 2013-09-30 | 20.50% |
| 2013-06-30 | 23.90% |
| 2013-03-31 | 13.39% |
| 2012-12-31 | 26.40% |
| 2012-09-30 | 23.32% |
| 2012-06-30 | 18.97% |
| 2012-03-31 | 25.07% |
| 2011-12-31 | 24.58% |
| 2011-09-30 | 22.35% |
| 2011-06-30 | 26.65% |
| 2011-03-31 | 30.42% |
| 2010-12-31 | 26.15% |
| 2010-09-30 | 30.95% |
| 2010-06-30 | 24.66% |
| 2010-03-31 | 28.97% |
| 2009-12-31 | 42.67% |
| 2009-09-30 | 10.47% |
| 2008-09-30 | 50.69% |
| 2008-06-30 | 22.05% |
| 2008-03-31 | 31.16% |
| 2007-12-31 | 21.38% |
| 2007-09-30 | 54.73% |
| 2007-06-30 | 24.94% |
| 2007-03-31 | 23.86% |
| 2006-12-31 | 11.52% |
| 2006-09-30 | 23.45% |
| 2006-06-30 | -51.29% |
| 2006-03-31 | 7.03% |
| 2005-12-31 | 19.11% |
| 2005-09-30 | 20.58% |
| 2005-06-30 | 20.58% |
| 2005-03-31 | 24.71% |
| 2004-12-31 | 25.99% |
| 2004-09-30 | 29.00% |
| 2004-06-30 | 25.04% |
| 2004-03-31 | 28.58% |
| 2003-12-31 | 23.77% |
| 2003-09-30 | 18.81% |
| 2003-06-30 | 24.01% |
| 2003-03-31 | 24.00% |
| 2002-12-31 | 24.00% |
| 2002-09-30 | 24.00% |
| 2002-06-30 | 20.07% |
