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 21.66% is 180% above its 5-year average of 7.73%, near the high end of its 5-year range (-29.31%–30.20%).
As of the fiscal period ended Tuesday, March 31, 2026. 31.40% above its 12-month average of 16.48%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.66%
TAX RATE AVG TTM
16.48%
TAX RATE AVG 3Y
15.09%
TAX RATE AVG 5Y
7.73%
TAX RATE AVG 10Y
11.18%
TAX RATE AVG 15Y
11.73%
TAX RATE AVG 20Y
10.44%
CURRENT VS TTM AVG
+31.40%
CURRENT VS 3Y AVG
+43.55%
CURRENT VS 5Y AVG
+180.12%
CURRENT VS 10Y AVG
+93.73%
CURRENT VS 15Y AVG
+84.56%
CURRENT VS 20Y AVG
+107.34%
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 | 21.66% |
| 2025-12-31 | 14.31% |
| 2025-09-30 | 16.83% |
| 2025-06-30 | 13.45% |
| 2025-03-31 | 16.17% |
| 2024-12-31 | -14.70% |
| 2024-09-30 | 14.19% |
| 2024-06-30 | -8.39% |
| 2024-03-31 | 9.87% |
| 2023-12-31 | 20.87% |
| 2023-09-30 | 8.43% |
| 2023-06-30 | -16.89% |
| 2023-03-31 | 30.20% |
| 2022-12-31 | 20.37% |
| 2022-09-30 | 2.81% |
| 2022-06-30 | -5.43% |
| 2022-03-31 | 17.69% |
| 2021-12-31 | -1.15% |
| 2021-09-30 | -29.31% |
| 2021-06-30 | 23.63% |
| 2020-12-31 | 24.44% |
| 2020-09-30 | -71.33% |
| 2020-06-30 | -0.72% |
| 2019-12-31 | 19.91% |
| 2019-09-30 | -16.00% |
| 2019-06-30 | 32.80% |
| 2019-03-31 | 28.20% |
| 2018-12-31 | 21.74% |
| 2018-09-30 | -13.97% |
| 2018-03-31 | 21.39% |
| 2017-12-31 | 28.62% |
| 2017-09-30 | 6.43% |
| 2017-06-30 | 26.86% |
| 2017-03-31 | 8.29% |
| 2016-12-31 | 50.11% |
| 2016-06-30 | 5.76% |
| 2016-03-31 | 3.95% |
| 2015-12-31 | 5.91% |
| 2015-06-30 | 7.28% |
| 2014-12-31 | 90.96% |
| 2014-03-31 | 54.51% |
| 2013-09-30 | 0.95% |
| 2008-12-31 | 11.39% |
| 2006-06-30 | 0.26% |
