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 20.90% is 55% above its 5-year average of 13.48%, near the high end of its 5-year range (-72.81%–48.50%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.86% below its 12-month average of 21.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.90%
TAX RATE AVG TTM
21.08%
TAX RATE AVG 3Y
21.64%
TAX RATE AVG 5Y
19.78%
TAX RATE AVG 10Y
21.55%
TAX RATE AVG 15Y
17.39%
TAX RATE AVG 20Y
18.14%
CURRENT VS TTM AVG
-0.86%
CURRENT VS 3Y AVG
-3.44%
CURRENT VS 5Y AVG
+5.66%
CURRENT VS 10Y AVG
-3.03%
CURRENT VS 15Y AVG
+20.18%
CURRENT VS 20Y AVG
+15.19%
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 | 20.90% |
| 2025-12-31 | 17.96% |
| 2025-09-30 | 18.76% |
| 2025-06-30 | 27.03% |
| 2025-03-31 | 20.76% |
| 2024-12-31 | 11.72% |
| 2024-09-30 | 25.68% |
| 2024-06-30 | -2.38% |
| 2024-03-31 | 21.48% |
| 2023-12-31 | 22.44% |
| 2023-09-30 | 48.50% |
| 2023-06-30 | 19.77% |
| 2023-03-31 | 21.67% |
| 2022-12-31 | 13.18% |
| 2022-09-30 | 22.23% |
| 2022-06-30 | 30.07% |
| 2022-03-31 | 13.41% |
| 2021-12-31 | 16.77% |
| 2021-09-30 | -72.81% |
| 2021-06-30 | 12.43% |
| 2021-03-31 | -26.52% |
| 2020-12-31 | 69.62% |
| 2020-09-30 | 3.57% |
| 2020-06-27 | 22.10% |
| 2020-03-28 | 54.65% |
| 2019-12-28 | -86.30% |
| 2019-09-30 | 70.91% |
| 2019-06-29 | 47.49% |
| 2018-12-29 | -2.75% |
| 2018-06-30 | -70.46% |
| 2018-03-31 | 31.39% |
| 2017-12-30 | -114.45% |
| 2017-09-30 | -219.62% |
| 2017-07-01 | 236.05% |
| 2015-07-04 | 2.81% |
| 2015-01-03 | 11.98% |
| 2014-09-30 | -19.73% |
| 2014-06-28 | 27.02% |
| 2014-03-29 | 9.82% |
| 2013-12-28 | 25.34% |
| 2013-09-30 | -16.65% |
| 2013-06-29 | 25.74% |
| 2013-03-30 | 12.08% |
| 2012-12-29 | -197.09% |
| 2012-09-30 | 249.55% |
| 2012-06-30 | 25.61% |
| 2012-03-31 | 9.32% |
| 2011-12-31 | 25.92% |
| 2011-09-30 | 21.07% |
| 2011-07-02 | 14.97% |
| 2011-04-02 | 18.74% |
| 2011-01-01 | 12.90% |
| 2010-09-30 | 135.00% |
| 2010-07-03 | 8.06% |
| 2010-04-03 | 17.46% |
| 2010-01-02 | 18.12% |
| 2009-09-30 | -6.86% |
| 2009-07-04 | -153.21% |
| 2009-01-03 | -88.85% |
| 2008-09-30 | 22.21% |
| 2008-06-28 | 41.68% |
| 2008-03-29 | 38.56% |
| 2007-12-29 | 40.02% |
| 2007-09-30 | 28.12% |
| 2007-06-30 | -295.18% |
| 2007-03-31 | 23.04% |
| 2006-12-30 | 30.37% |
| 2006-09-30 | 21.71% |
| 2006-07-01 | -18.01% |
| 2006-04-01 | 32.35% |
| 2005-12-31 | 39.27% |
| 2005-09-30 | -34.25% |
| 2005-07-02 | 8.06% |
| 2005-04-02 | 23.29% |
| 2005-01-01 | 15.69% |
| 2004-09-30 | -49.23% |
| 2004-07-03 | 28.04% |
| 2004-04-03 | 60.48% |
