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 27.96% is 62% above its 5-year average of 17.25%, near the low end of its 5-year range (-8.33%–124.66%).
As of the fiscal period ended Tuesday, March 31, 2026. 30.98% above its 12-month average of 21.35%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 27.96%.
TAX RATE
27.96%
TAX RATE AVG TTM
21.35%
TAX RATE AVG 3Y
37.17%
TAX RATE AVG 5Y
17.25%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+30.98%
CURRENT VS 3Y AVG
-24.78%
CURRENT VS 5Y AVG
+62.13%
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 | 27.96% |
| 2025-09-30 | 37.30% |
| 2025-06-30 | -1.21% |
| 2024-09-30 | 124.66% |
| 2024-06-30 | 8.33% |
| 2024-03-31 | 62.15% |
| 2023-12-31 | 46.52% |
| 2023-06-30 | -8.33% |
| 2022-12-31 | 35.90% |
| 2022-09-30 | 20.42% |
| 2022-06-30 | -1.21% |
| 2022-03-31 | 6.27% |
| 2021-09-30 | -0.16% |
| 2021-06-30 | 2.99% |
| 2021-03-31 | 4.52% |
| 2020-09-30 | 3.82% |
| 2020-06-30 | 1.57% |
| 2020-03-31 | 5.04% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-06-30 | 4.52% |
| 2018-03-31 | 4.52% |