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 15.69% is 64% above its 3-year average of 9.55%, near the high end of its 3-year range (5.02%–15.69%).
As of the fiscal period ended Tuesday, March 31, 2026. 26.56% above its 12-month average of 12.40%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.69%
TAX RATE AVG TTM
12.40%
TAX RATE AVG 3Y
9.55%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+26.56%
CURRENT VS 3Y AVG
+64.32%
CURRENT VS 5Y AVG
N/A
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 | 15.69% |
| 2025-12-31 | 9.11% |
| 2023-06-30 | 5.02% |
| 2023-03-31 | 8.37% |