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 27.98% is 39% below its 5-year average of 45.93%, near the low end of its 5-year range (-89.21%–440.00%).
As of the fiscal period ended Tuesday, March 31, 2026. 472.17% above its 12-month average of 4.89%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
27.98%
TAX RATE AVG TTM
4.89%
TAX RATE AVG 3Y
27.36%
TAX RATE AVG 5Y
31.54%
TAX RATE AVG 10Y
31.56%
TAX RATE AVG 15Y
29.62%
TAX RATE AVG 20Y
29.29%
CURRENT VS TTM AVG
+472.17%
CURRENT VS 3Y AVG
+2.26%
CURRENT VS 5Y AVG
-11.30%
CURRENT VS 10Y AVG
-11.34%
CURRENT VS 15Y AVG
-5.55%
CURRENT VS 20Y AVG
-4.48%
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 | 27.98% |
| 2025-12-31 | 28.70% |
| 2025-09-30 | -89.21% |
| 2025-06-30 | 26.96% |
| 2025-03-31 | 30.03% |
| 2024-12-31 | 16.25% |
| 2024-09-30 | 23.65% |
| 2024-06-30 | 20.51% |
| 2024-03-31 | 28.48% |
| 2023-12-31 | 28.26% |
| 2023-09-30 | 32.39% |
| 2023-06-30 | 44.49% |
| 2023-03-31 | 37.77% |
| 2022-12-31 | 46.60% |
| 2022-09-30 | 34.85% |
| 2022-06-30 | 24.07% |
| 2022-03-31 | 41.44% |
| 2021-09-30 | 24.60% |
| 2021-06-30 | 50.72% |
| 2021-03-31 | 440.00% |
| 2020-09-30 | 71.45% |
| 2020-06-30 | 37.38% |
| 2019-06-30 | -122.15% |
| 2019-03-31 | 22.74% |
| 2017-09-30 | 24.52% |
| 2017-06-30 | 57.20% |
| 2017-03-31 | 30.35% |
| 2016-12-31 | 24.06% |
| 2016-09-30 | 25.58% |
| 2016-06-30 | 43.80% |
| 2016-03-31 | 18.70% |
| 2015-12-31 | 26.52% |
| 2015-09-30 | 4.15% |
| 2015-06-30 | 41.85% |
| 2015-03-31 | 89.49% |
| 2014-12-31 | 31.62% |
| 2014-09-30 | 34.86% |
| 2014-03-31 | 22.44% |
| 2013-12-31 | 26.84% |
| 2013-09-30 | 29.29% |
| 2013-06-30 | 26.28% |
| 2013-03-31 | 30.88% |
| 2012-12-31 | 28.37% |
| 2012-09-30 | 27.50% |
| 2012-06-30 | 27.72% |
| 2012-03-31 | 27.01% |
| 2011-12-31 | 29.89% |
| 2011-09-30 | 25.08% |
| 2011-06-30 | 34.01% |
| 2011-03-31 | 29.91% |
| 2010-12-31 | 27.79% |
| 2010-09-30 | 4.86% |
| 2010-06-30 | 28.56% |
| 2010-03-31 | 29.78% |
| 2009-12-31 | 24.40% |
| 2009-09-30 | 20.48% |
| 2009-06-30 | 19.84% |
| 2009-03-31 | 23.66% |
| 2008-12-31 | 26.87% |
| 2008-09-30 | 28.90% |
| 2008-06-30 | 45.52% |
| 2008-03-31 | 58.14% |
| 2007-12-31 | 10.43% |
| 2007-09-30 | 33.47% |
| 2007-06-30 | 75.50% |
| 2007-03-31 | 47.10% |
