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 1.37% is 72% below its 3-year average of 4.92%, near the low end of its 3-year range (0.78%–11.52%).
As of the fiscal period ended Tuesday, March 31, 2026. 11.87% below its 12-month average of 1.56%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
1.37%
TAX RATE AVG TTM
1.56%
TAX RATE AVG 3Y
4.41%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-11.87%
CURRENT VS 3Y AVG
-68.89%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
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 | 1.37% |
| 2025-12-31 | 2.04% |
| 2025-09-30 | 0.78% |
| 2025-06-30 | 1.08% |
| 2025-03-31 | 2.51% |
| 2024-12-31 | 4.47% |
| 2024-09-30 | 4.97% |
| 2024-06-30 | 3.69% |
| 2024-03-31 | 4.20% |
| 2023-12-31 | 8.79% |
| 2023-09-30 | 8.17% |
| 2023-06-30 | 7.23% |
| 2023-03-31 | 8.07% |
| 2022-12-31 | 11.52% |
