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 13.36% is 18% below its 5-year average of 16.28%, around the middle of its 5-year range (3.72%–23.34%).
As of the fiscal period ended Tuesday, March 31, 2026. 18.05% below its 12-month average of 16.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
13.36%
TAX RATE AVG TTM
16.31%
TAX RATE AVG 3Y
15.85%
TAX RATE AVG 5Y
16.57%
TAX RATE AVG 10Y
17.59%
TAX RATE AVG 15Y
26.05%
TAX RATE AVG 20Y
28.23%
CURRENT VS TTM AVG
-18.05%
CURRENT VS 3Y AVG
-15.67%
CURRENT VS 5Y AVG
-19.37%
CURRENT VS 10Y AVG
-24.04%
CURRENT VS 15Y AVG
-48.70%
CURRENT VS 20Y AVG
-52.67%
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 | 13.36% |
| 2025-12-31 | 16.17% |
| 2025-09-30 | 16.14% |
| 2025-06-30 | 19.15% |
| 2025-03-31 | 16.71% |
| 2024-12-31 | 16.59% |
| 2024-09-30 | 14.08% |
| 2024-06-30 | 14.58% |
| 2024-03-31 | 15.96% |
| 2023-12-31 | 15.72% |
| 2023-09-30 | 3.72% |
| 2023-06-30 | 23.34% |
| 2023-03-31 | 20.25% |
| 2022-12-31 | 15.63% |
| 2022-09-30 | 15.56% |
| 2022-06-30 | 17.70% |
| 2022-03-31 | 18.24% |
| 2021-12-31 | 13.57% |
| 2021-09-30 | 19.22% |
| 2021-06-30 | 18.83% |
| 2021-03-31 | 17.43% |
| 2020-12-31 | 39.28% |
| 2020-06-30 | 491.67% |
| 2020-03-31 | -24.55% |
| 2019-06-30 | 19.56% |
| 2019-03-31 | 21.23% |
| 2018-06-30 | 18.33% |
| 2018-03-31 | 18.51% |
| 2017-12-31 | 131.76% |
| 2017-09-30 | 15.15% |
| 2017-03-31 | 36.45% |
| 2016-12-31 | 36.71% |
| 2016-09-30 | 26.40% |
| 2016-06-30 | 37.74% |
| 2016-03-31 | 38.37% |
| 2015-12-31 | 50.84% |
| 2015-09-30 | 28.16% |
| 2015-03-31 | 35.41% |
| 2014-12-31 | 34.78% |
| 2014-09-30 | 45.12% |
| 2014-06-30 | 33.47% |
| 2014-03-31 | 37.92% |
| 2013-12-31 | 35.09% |
| 2013-09-30 | 36.05% |
| 2013-06-30 | 31.20% |
| 2013-03-31 | 35.43% |
| 2012-12-31 | 33.37% |
| 2012-09-30 | 36.51% |
| 2012-06-30 | 34.84% |
| 2012-03-31 | 34.72% |
| 2011-12-31 | 26.35% |
| 2011-09-30 | 32.02% |
| 2011-06-30 | 43.17% |
| 2011-03-31 | 34.51% |
| 2010-12-31 | 37.95% |
| 2010-09-30 | -20.14% |
| 2010-06-30 | 35.48% |
| 2010-03-31 | 35.75% |
| 2009-12-31 | 38.09% |
| 2009-03-31 | 37.97% |
| 2008-12-31 | 34.87% |
| 2008-09-30 | -14.39% |
| 2008-06-30 | 31.15% |
| 2008-03-31 | 37.18% |
| 2007-12-31 | 29.91% |
| 2007-09-30 | 27.41% |
| 2007-06-30 | 37.05% |
| 2007-03-31 | 37.24% |
| 2006-12-31 | 34.50% |
| 2006-09-30 | 34.26% |
| 2006-06-30 | 38.40% |
| 2006-03-31 | 35.83% |
| 2005-12-31 | 21.13% |
| 2005-06-30 | 60.89% |
| 2005-03-31 | 37.16% |
| 2004-12-31 | 35.54% |
| 2004-09-30 | 23.76% |
| 2004-06-30 | 38.50% |
| 2004-03-31 | 36.71% |
| 2003-12-31 | 32.37% |
| 2003-09-30 | 35.79% |
| 2003-06-30 | 40.18% |
| 2003-03-31 | 37.11% |
| 2002-12-31 | 30.62% |
| 2002-09-30 | 37.97% |
| 2002-06-30 | 40.52% |
