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 14.30% is 417% above its 5-year average of -4.52%, near the high end of its 5-year range (-216.33%–22.11%).
As of the fiscal period ended Tuesday, March 31, 2026. 207.84% above its 12-month average of -13.26%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
14.30%
TAX RATE AVG TTM
-13.26%
TAX RATE AVG 3Y
2.27%
TAX RATE AVG 5Y
15.79%
TAX RATE AVG 10Y
14.87%
TAX RATE AVG 15Y
15.51%
TAX RATE AVG 20Y
15.94%
CURRENT VS TTM AVG
+207.84%
CURRENT VS 3Y AVG
+531.01%
CURRENT VS 5Y AVG
-9.45%
CURRENT VS 10Y AVG
-3.83%
CURRENT VS 15Y AVG
-7.82%
CURRENT VS 20Y AVG
-10.27%
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 | 14.30% |
| 2025-12-31 | 17.37% |
| 2025-09-30 | 5.84% |
| 2025-06-30 | 13.83% |
| 2025-03-31 | -117.65% |
| 2024-12-31 | 18.87% |
| 2024-06-30 | 19.62% |
| 2024-03-31 | 15.17% |
| 2023-09-30 | 22.11% |
| 2023-06-30 | 13.21% |
| 2022-12-31 | -216.33% |
| 2022-09-30 | 20.04% |
| 2022-06-30 | 21.07% |
| 2022-03-31 | 9.30% |
| 2021-12-31 | 17.04% |
| 2021-09-30 | 14.90% |
| 2021-06-30 | 14.10% |
| 2021-03-31 | 15.90% |
| 2020-12-31 | 16.92% |
| 2020-09-30 | 14.25% |
| 2020-06-30 | 16.55% |
| 2020-03-31 | 13.16% |
| 2019-12-31 | 15.08% |
| 2019-09-30 | 17.67% |
| 2019-06-30 | 12.92% |
| 2019-03-31 | 14.05% |
| 2018-12-31 | 4.61% |
| 2018-09-30 | 19.17% |
| 2018-06-30 | 10.85% |
| 2018-03-31 | 11.93% |
| 2017-12-31 | -167.76% |
| 2017-09-30 | 29.76% |
| 2017-06-30 | 13.89% |
| 2017-03-31 | 14.59% |
| 2016-12-31 | 11.30% |
| 2016-09-30 | 11.68% |
| 2016-06-30 | 18.23% |
| 2016-03-31 | 16.05% |
| 2015-12-31 | 16.41% |
| 2015-09-30 | 18.50% |
| 2015-06-30 | 10.05% |
| 2015-03-31 | 6.33% |
| 2014-12-31 | 11.63% |
| 2014-09-30 | 35.80% |
| 2014-06-30 | 21.67% |
| 2014-03-31 | 13.89% |
| 2013-12-31 | 19.20% |
| 2013-09-30 | 19.11% |
| 2013-06-30 | 10.92% |
| 2013-03-31 | 16.74% |
| 2012-12-31 | 13.35% |
| 2012-09-30 | -3.76% |
| 2012-06-30 | 22.18% |
| 2012-03-31 | 20.40% |
| 2011-12-31 | 11.21% |
| 2011-09-30 | 50.69% |
| 2011-06-30 | 19.66% |
| 2011-03-31 | 20.15% |
| 2010-12-31 | 17.29% |
| 2010-09-30 | 7.46% |
| 2010-06-30 | 8.62% |
| 2010-03-31 | 20.56% |
| 2009-12-31 | 8.61% |
| 2009-09-30 | 17.76% |
| 2009-06-30 | 17.13% |
| 2009-03-31 | 5.76% |
| 2008-09-30 | -2.07% |
| 2008-06-30 | 13.84% |
| 2008-03-31 | 14.29% |
| 2007-09-30 | 27.41% |
| 2007-06-30 | 24.33% |
| 2007-03-31 | 20.64% |
| 2006-12-31 | 19.96% |
| 2006-09-30 | 21.79% |
| 2006-06-30 | 26.20% |
| 2006-03-31 | 21.32% |
| 2005-12-31 | 11.37% |
| 2005-09-30 | 23.43% |
| 2005-06-30 | 20.96% |
| 2005-03-31 | 26.72% |
| 2004-12-31 | 21.71% |
| 2004-09-30 | 17.29% |
| 2004-06-30 | 20.97% |
| 2004-03-31 | 21.37% |
| 2003-12-31 | -0.37% |
| 2003-09-30 | 24.86% |
| 2003-06-30 | 24.74% |
| 2003-03-31 | 29.61% |
| 2002-12-31 | -77.31% |
| 2002-09-30 | 5.33% |
| 2002-06-30 | 21.51% |
