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 29.52% is 270% above its 5-year average of 7.98%, near the high end of its 5-year range (-296.90%–36.15%).
As of the fiscal period ended Tuesday, March 31, 2026. 7.45% above its 12-month average of 27.47%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
29.52%
TAX RATE AVG TTM
27.47%
TAX RATE AVG 3Y
30.19%
TAX RATE AVG 5Y
23.22%
TAX RATE AVG 10Y
22.69%
TAX RATE AVG 15Y
30.05%
TAX RATE AVG 20Y
36.09%
CURRENT VS TTM AVG
+7.45%
CURRENT VS 3Y AVG
-2.22%
CURRENT VS 5Y AVG
+27.11%
CURRENT VS 10Y AVG
+30.11%
CURRENT VS 15Y AVG
-1.78%
CURRENT VS 20Y AVG
-18.21%
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 | 29.52% |
| 2025-12-31 | 28.79% |
| 2025-09-30 | 36.15% |
| 2025-06-30 | 34.40% |
| 2025-03-31 | 8.50% |
| 2024-12-31 | 29.06% |
| 2024-09-30 | 25.64% |
| 2024-06-30 | 31.05% |
| 2024-03-31 | 20.66% |
| 2023-12-31 | 31.60% |
| 2023-09-30 | 30.64% |
| 2023-06-30 | 28.16% |
| 2023-03-31 | 27.04% |
| 2022-12-31 | 22.46% |
| 2022-09-30 | 26.93% |
| 2022-06-30 | 11.74% |
| 2022-03-31 | 8.13% |
| 2021-12-31 | 21.93% |
| 2021-09-30 | -296.90% |
| 2021-06-30 | 4.85% |
| 2021-03-31 | 7.18% |
| 2020-12-31 | 6.17% |
| 2020-09-30 | 1.64% |
| 2020-06-30 | 49.53% |
| 2015-03-31 | 63.39% |
| 2014-09-30 | 257.11% |
| 2014-06-30 | 35.29% |
| 2014-03-31 | 39.99% |
| 2013-12-31 | 40.00% |
| 2013-09-30 | 39.26% |
| 2013-06-30 | 40.00% |
| 2013-03-31 | 41.00% |
| 2012-12-31 | 40.00% |
| 2012-09-30 | 32.15% |
| 2012-06-30 | 40.00% |
| 2012-03-31 | 40.00% |
| 2011-12-31 | 42.00% |
| 2011-09-30 | 47.01% |
| 2011-03-31 | 50.00% |
| 2010-12-31 | 50.00% |
| 2010-09-30 | 49.96% |
| 2010-06-30 | 57.47% |
| 2010-03-31 | 45.77% |
| 2009-12-31 | 47.23% |
| 2009-09-30 | 84.99% |
| 2009-06-30 | 46.00% |
| 2009-03-31 | 46.00% |
| 2008-12-31 | 50.00% |
| 2008-09-30 | 46.78% |
| 2008-06-30 | 40.99% |
| 2008-03-31 | 41.30% |
| 2007-12-31 | 41.00% |
| 2007-09-30 | 39.06% |
| 2007-06-30 | 41.14% |
| 2007-03-31 | 41.37% |
| 2006-12-31 | 40.00% |
| 2006-09-30 | 42.38% |
| 2006-06-30 | 37.55% |
| 2006-03-31 | 39.50% |
| 2005-12-31 | 40.01% |
