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 32.87% is 821% above its 5-year average of 3.57%, near the high end of its 5-year range (-5.06%–32.87%).
As of the fiscal period ended Wednesday, February 18, 2026.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
32.87%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
8.39%
TAX RATE AVG 5Y
3.57%
TAX RATE AVG 10Y
4.88%
TAX RATE AVG 15Y
16.39%
TAX RATE AVG 20Y
19.10%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+291.98%
CURRENT VS 5Y AVG
+820.94%
CURRENT VS 10Y AVG
+573.43%
CURRENT VS 15Y AVG
+100.58%
CURRENT VS 20Y AVG
+72.08%
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 |
|---|---|
| 2026-02-18 | 32.87% |
| 2024-12-31 | -5.06% |
| 2024-06-30 | 8.00% |
| 2024-03-31 | 6.32% |
| 2023-09-30 | -0.21% |
| 2022-09-30 | 2.60% |
| 2022-06-30 | 2.71% |
| 2022-03-31 | 7.02% |
| 2021-12-31 | 4.36% |
| 2021-09-30 | 0.69% |
| 2021-06-30 | 2.42% |
| 2021-03-31 | 10.40% |
| 2020-03-31 | 7.30% |
| 2019-09-30 | -13.71% |
| 2018-12-31 | 189.39% |
| 2018-06-30 | -16.11% |
| 2016-12-31 | -164.06% |
| 2016-06-30 | 16.90% |
| 2015-12-31 | 520.30% |
| 2015-09-30 | -23.19% |
| 2014-09-30 | 54.90% |
| 2013-06-30 | 93.74% |
| 2013-03-31 | 50.25% |
| 2012-09-30 | 110.49% |
| 2012-03-31 | 848.72% |
| 2011-03-31 | 7.85% |
| 2010-09-30 | -5.62% |
| 2008-06-30 | 26.02% |
| 2007-09-30 | 66.00% |
| 2006-03-31 | 49.72% |
| 2005-12-31 | -0.20% |
| 2005-03-31 | 73.78% |
| 2004-09-30 | 55.28% |
| 2004-06-30 | 71.11% |
| 2003-09-30 | 13.13% |
| 2003-06-30 | 60.61% |