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 12.02% is 25% below its 5-year average of 16.09%, around the middle of its 5-year range (-31.13%–33.01%).
As of the fiscal period ended Tuesday, March 31, 2026. 159.41% above its 12-month average of 4.63%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.02%
TAX RATE AVG TTM
4.63%
TAX RATE AVG 3Y
15.04%
TAX RATE AVG 5Y
18.87%
TAX RATE AVG 10Y
5.84%
TAX RATE AVG 15Y
2.85%
TAX RATE AVG 20Y
6.87%
CURRENT VS TTM AVG
+159.41%
CURRENT VS 3Y AVG
-20.10%
CURRENT VS 5Y AVG
-36.29%
CURRENT VS 10Y AVG
+105.88%
CURRENT VS 15Y AVG
+321.15%
CURRENT VS 20Y AVG
+74.97%
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 | 12.02% |
| 2025-12-31 | 33.01% |
| 2025-09-30 | -31.13% |
| 2024-09-30 | 14.32% |
| 2024-06-30 | 20.09% |
| 2024-03-31 | 22.53% |
| 2023-12-31 | 13.44% |
| 2023-09-30 | 20.03% |
| 2023-06-30 | 21.44% |
| 2023-03-31 | 24.67% |
| 2022-12-31 | 23.87% |
| 2022-09-30 | 21.87% |
| 2022-06-30 | 21.56% |
| 2022-03-31 | 8.62% |
| 2021-12-31 | 20.09% |
| 2021-09-30 | 8.61% |
| 2021-06-30 | 14.88% |
| 2021-03-31 | 19.67% |
| 2020-12-31 | -115.48% |
| 2020-09-30 | 17.12% |
| 2020-06-30 | -38.10% |
| 2020-03-31 | -118.12% |
| 2019-09-30 | -103.55% |
| 2019-06-30 | -25.19% |
| 2019-03-31 | -15.54% |
| 2018-12-31 | 10.55% |
| 2018-06-30 | 5.31% |
| 2018-03-31 | 22.05% |
| 2017-12-31 | 227.68% |
| 2017-09-30 | -1.57% |
| 2017-06-30 | -2.64% |
| 2017-03-31 | -90.67% |
| 2016-12-31 | -28.55% |
| 2016-09-30 | -40.98% |
| 2016-03-31 | -16.91% |
| 2015-12-31 | -22.04% |
| 2015-09-30 | -20.28% |
| 2015-06-30 | -9.11% |
| 2015-03-31 | -58.95% |
| 2014-12-31 | 1.62% |
| 2014-09-30 | -1.47% |
| 2014-06-30 | 15.97% |
| 2014-03-31 | 5.69% |
| 2013-12-31 | 6.38% |
| 2013-09-30 | 10.25% |
| 2013-06-30 | 13.01% |
| 2013-03-31 | -20.58% |
| 2012-12-31 | -4.96% |
| 2012-06-30 | 13.38% |
| 2012-03-31 | 12.28% |
| 2011-12-31 | 7.40% |
| 2011-09-30 | 12.17% |
| 2011-06-30 | 12.77% |
| 2011-03-31 | -8.82% |
| 2010-12-31 | 10.89% |
| 2010-09-30 | 13.43% |
| 2010-06-30 | 13.05% |
| 2010-03-31 | 9.82% |
| 2009-12-31 | 0.68% |
| 2009-09-30 | 13.25% |
| 2009-06-30 | 16.19% |
| 2009-03-31 | 21.07% |
| 2008-12-31 | -252.02% |
| 2008-09-30 | 17.82% |
| 2008-06-30 | 18.10% |
| 2008-03-31 | 13.70% |
| 2007-12-31 | 12.22% |
| 2007-09-30 | 13.49% |
| 2007-06-30 | 20.30% |
| 2007-03-31 | -28.54% |
| 2006-12-31 | 24.00% |
| 2006-09-30 | 24.00% |
| 2006-06-30 | 24.00% |
| 2006-03-31 | 24.00% |
| 2005-12-31 | 56.89% |
| 2005-09-30 | 24.00% |
| 2005-06-30 | 24.00% |
| 2005-03-31 | 24.00% |
| 2004-12-31 | 24.00% |
| 2004-09-30 | 24.00% |
| 2004-06-30 | 18.29% |
| 2004-03-31 | 25.50% |
| 2003-12-31 | 25.70% |
| 2003-09-30 | 25.50% |
| 2003-06-30 | -16.26% |
| 2003-03-31 | 24.46% |
| 2002-12-31 | 25.26% |
| 2002-09-30 | -80.12% |
| 2002-06-30 | 32.64% |
