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 24.46% is 42% above its 5-year average of 17.19%, near the high end of its 5-year range (-120.00%–59.57%).
As of the fiscal period ended Tuesday, March 31, 2026. 21.75% below its 12-month average of 31.26%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.46%
TAX RATE AVG TTM
31.26%
TAX RATE AVG 3Y
36.58%
TAX RATE AVG 5Y
26.50%
TAX RATE AVG 10Y
23.58%
TAX RATE AVG 15Y
25.43%
TAX RATE AVG 20Y
25.69%
CURRENT VS TTM AVG
-21.75%
CURRENT VS 3Y AVG
-33.15%
CURRENT VS 5Y AVG
-7.70%
CURRENT VS 10Y AVG
+3.73%
CURRENT VS 15Y AVG
-3.82%
CURRENT VS 20Y AVG
-4.81%
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 | 24.46% |
| 2025-12-31 | 21.41% |
| 2025-09-30 | 26.37% |
| 2025-06-30 | 24.46% |
| 2025-03-31 | 59.57% |
| 2024-12-31 | 41.58% |
| 2024-09-30 | -108.33% |
| 2024-06-30 | 42.52% |
| 2024-03-31 | 31.25% |
| 2023-12-31 | -120.00% |
| 2023-09-30 | 54.19% |
| 2023-06-30 | 51.52% |
| 2023-03-31 | 25.10% |
| 2022-12-31 | 24.00% |
| 2022-09-30 | 23.53% |
| 2022-06-30 | 25.21% |
| 2022-03-31 | 26.72% |
| 2021-12-31 | 23.66% |
| 2021-09-30 | 22.35% |
| 2021-06-30 | 25.50% |
| 2021-03-31 | 15.82% |
| 2020-12-31 | -11.27% |
| 2020-06-30 | 23.50% |
| 2019-09-30 | 22.10% |
| 2019-06-30 | 25.52% |
| 2019-03-31 | 22.64% |
| 2018-12-31 | 26.37% |
| 2018-06-30 | 27.21% |
| 2017-09-30 | 60.00% |
| 2017-06-30 | -72.73% |
| 2017-03-31 | 8.62% |
| 2016-12-31 | -48.39% |
| 2016-09-30 | 2.41% |
| 2016-06-30 | 16.55% |
| 2016-03-31 | 29.91% |
| 2015-12-31 | 25.56% |
| 2015-09-30 | 24.19% |
| 2015-06-30 | 26.71% |
| 2015-03-31 | 27.45% |
| 2014-12-31 | 28.47% |
| 2014-09-30 | 32.98% |
| 2014-06-30 | 26.02% |
| 2014-03-31 | 29.75% |
| 2013-12-31 | 30.30% |
| 2013-09-30 | 24.58% |
| 2013-06-30 | 27.59% |
| 2013-03-31 | 28.90% |
| 2012-12-31 | 21.16% |
| 2012-09-30 | 27.85% |
| 2012-06-30 | 36.80% |
| 2012-03-31 | 24.58% |
| 2011-12-31 | 26.56% |
| 2011-09-30 | 25.25% |
| 2011-06-30 | 26.12% |
| 2011-03-31 | 24.92% |
| 2010-12-31 | 25.62% |
| 2010-09-30 | 30.71% |
| 2010-06-30 | 25.58% |
| 2010-03-31 | 30.08% |
| 2009-12-31 | 15.85% |
| 2009-09-30 | 23.91% |
| 2009-06-30 | 27.77% |
| 2009-03-31 | -58.70% |
| 2008-12-31 | 7.81% |
| 2008-09-30 | 27.26% |
| 2008-06-30 | 29.31% |
| 2008-03-31 | 23.29% |
| 2007-12-31 | 14.95% |
| 2007-09-30 | 38.22% |
| 2007-06-30 | 28.84% |
| 2007-03-31 | 29.99% |
| 2006-12-31 | 25.30% |
| 2006-09-30 | 26.67% |
| 2006-06-30 | -0.63% |
| 2006-03-31 | 25.70% |
| 2005-12-31 | 32.97% |
| 2005-09-30 | 33.01% |
| 2005-06-30 | 33.01% |
| 2005-03-31 | 33.01% |
| 2004-12-31 | 25.30% |
| 2004-09-30 | 33.04% |
| 2004-06-30 | 32.96% |
| 2004-03-31 | 33.03% |
| 2003-12-31 | 20.66% |
| 2003-06-30 | 40.08% |
| 2003-03-31 | 39.62% |
| 2002-12-31 | 36.00% |
| 2002-09-30 | 36.40% |
| 2002-06-30 | 36.02% |
