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 12.51% is 27% above its 5-year average of 9.83%, near the high end of its 5-year range (-3.04%–19.08%).
As of the fiscal period ended Tuesday, March 31, 2026. 7.73% below its 12-month average of 13.56%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.51%
TAX RATE AVG TTM
13.56%
TAX RATE AVG 3Y
8.82%
TAX RATE AVG 5Y
10.64%
TAX RATE AVG 10Y
11.75%
TAX RATE AVG 15Y
19.37%
TAX RATE AVG 20Y
19.37%
CURRENT VS TTM AVG
-7.73%
CURRENT VS 3Y AVG
+41.82%
CURRENT VS 5Y AVG
+17.60%
CURRENT VS 10Y AVG
+6.47%
CURRENT VS 15Y AVG
-35.41%
CURRENT VS 20Y AVG
-35.41%
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 | 12.51% |
| 2025-12-31 | 19.08% |
| 2025-09-30 | 17.20% |
| 2025-06-30 | 8.37% |
| 2025-03-31 | 10.64% |
| 2024-12-31 | 4.22% |
| 2024-09-30 | 10.21% |
| 2024-06-30 | 12.03% |
| 2024-03-31 | -3.04% |
| 2023-12-31 | -1.05% |
| 2023-09-30 | 9.27% |
| 2023-06-30 | 10.57% |
| 2023-03-31 | 4.69% |
| 2022-12-31 | 9.63% |
| 2022-09-30 | 12.86% |
| 2022-06-30 | 11.53% |
| 2022-03-31 | 8.26% |
| 2021-12-31 | 10.96% |
| 2021-09-30 | 10.15% |
| 2021-06-30 | 17.42% |
| 2021-03-31 | 11.00% |
| 2020-12-31 | 6.16% |
| 2020-09-30 | 15.65% |
| 2020-06-30 | 2.35% |
| 2020-03-31 | 6.58% |
| 2019-12-31 | 10.99% |
| 2019-09-30 | 12.87% |
| 2019-06-30 | 14.06% |
| 2019-03-31 | 15.56% |
| 2018-12-31 | -21.33% |
| 2018-09-30 | 6.48% |
| 2018-06-30 | 15.95% |
| 2018-03-31 | 18.35% |
| 2017-12-31 | 68.72% |
| 2017-09-30 | 31.34% |
| 2017-06-30 | 26.26% |
| 2017-03-31 | 42.42% |
| 2016-12-31 | 25.89% |
| 2016-09-30 | 27.63% |
| 2016-06-30 | 32.86% |
| 2016-03-31 | 49.80% |
| 2015-12-31 | 31.81% |
| 2015-09-30 | 46.50% |
| 2015-06-30 | 40.66% |
| 2015-03-31 | 72.51% |
| 2014-12-31 | 50.21% |
| 2014-09-30 | 54.72% |
| 2014-06-30 | 54.34% |
| 2014-03-31 | 62.66% |
| 2013-12-31 | 51.15% |
| 2013-09-30 | 37.39% |
| 2013-06-30 | 40.84% |
| 2013-03-31 | 30.29% |
| 2012-12-31 | -249.59% |
| 2012-09-30 | -0.27% |
| 2012-06-30 | -0.65% |
| 2012-03-31 | 0.00% |
| 2005-12-31 | 110.77% |
| 2004-12-31 | -16.36% |
| 2004-03-31 | -125.04% |
