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 27.64% is in line with its 5-year average of 25.77%, near the high end of its 5-year range (-10.67%–32.35%).
As of the fiscal period ended Tuesday, March 31, 2026. 3.05% above its 12-month average of 26.82%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
27.64%
TAX RATE AVG TTM
26.82%
TAX RATE AVG 3Y
27.48%
TAX RATE AVG 5Y
28.27%
TAX RATE AVG 10Y
27.03%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+3.05%
CURRENT VS 3Y AVG
+0.57%
CURRENT VS 5Y AVG
-2.24%
CURRENT VS 10Y AVG
+2.23%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 27.64% |
| 2025-12-31 | 28.52% |
| 2025-09-30 | 27.55% |
| 2025-06-30 | 23.63% |
| 2025-03-31 | 26.75% |
| 2024-12-31 | 25.02% |
| 2024-09-30 | 32.35% |
| 2024-06-30 | 31.46% |
| 2024-03-31 | 14.78% |
| 2023-12-31 | 26.95% |
| 2023-09-30 | 26.29% |
| 2023-06-30 | 30.51% |
| 2023-03-31 | 27.96% |
| 2022-12-31 | 29.86% |
| 2022-09-30 | 30.73% |
| 2022-06-30 | 21.26% |
| 2022-03-31 | 27.88% |
| 2021-12-31 | 30.45% |
| 2021-09-30 | 30.24% |
| 2021-06-30 | -10.67% |
| 2021-03-31 | 32.11% |
| 2020-12-31 | 33.43% |
| 2020-09-30 | 19.84% |
| 2020-06-30 | -6.93% |
| 2020-03-31 | 28.65% |
| 2019-12-31 | 25.75% |
| 2019-09-30 | 22.46% |
| 2019-06-30 | 6.88% |
| 2019-03-31 | 23.88% |
| 2018-12-31 | 26.43% |
| 2018-09-30 | 21.06% |
| 2018-06-30 | 17.91% |
| 2018-03-31 | 20.92% |
| 2017-12-31 | 27.71% |
| 2017-09-30 | -12.47% |
| 2017-06-30 | -28.21% |
| 2017-03-31 | 24.62% |
| 2016-12-31 | 32.28% |
| 2016-06-30 | 34.66% |
| 2016-03-31 | 34.61% |
| 2015-12-31 | 17.37% |
| 2015-09-30 | 41.80% |
| 2015-06-30 | 43.02% |
| 2015-03-31 | 41.45% |
| 2014-12-31 | 43.95% |
| 2014-09-30 | 38.57% |
| 2014-03-31 | 42.49% |
| 2013-12-31 | -108.83% |
| 2013-06-30 | 31.95% |
| 2013-03-31 | 32.02% |
| 2012-09-30 | 0.00% |
