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 19.71% is 13% above its 5-year average of 17.42%, around the middle of its 5-year range (3.90%–30.28%).
As of the fiscal period ended Tuesday, March 31, 2026. 10.92% above its 12-month average of 17.77%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.71%
TAX RATE AVG TTM
17.77%
TAX RATE AVG 3Y
20.94%
TAX RATE AVG 5Y
17.42%
TAX RATE AVG 10Y
16.42%
TAX RATE AVG 15Y
16.51%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+10.92%
CURRENT VS 3Y AVG
-5.88%
CURRENT VS 5Y AVG
+13.16%
CURRENT VS 10Y AVG
+20.02%
CURRENT VS 15Y AVG
+19.38%
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 | 19.71% |
| 2025-12-31 | 17.57% |
| 2025-09-30 | 13.09% |
| 2025-06-30 | 16.84% |
| 2025-03-31 | 21.62% |
| 2024-12-31 | 18.63% |
| 2024-09-30 | 14.15% |
| 2024-06-30 | 17.37% |
| 2024-03-31 | 24.94% |
| 2023-12-31 | 25.75% |
| 2023-09-30 | 23.03% |
| 2023-06-30 | 29.20% |
| 2023-03-31 | 30.28% |
| 2022-12-31 | 4.10% |
| 2022-09-30 | 15.46% |
| 2022-06-30 | 19.19% |
| 2022-03-31 | 18.17% |
| 2021-12-31 | 3.90% |
| 2021-09-30 | 11.98% |
| 2021-06-30 | 7.85% |
| 2021-03-31 | 12.88% |
| 2020-12-31 | 5.88% |
| 2020-09-30 | 12.86% |
| 2020-06-30 | 12.31% |
| 2020-03-31 | 16.69% |
| 2019-12-31 | 8.72% |
| 2019-09-30 | 13.73% |
| 2019-06-30 | 11.56% |
| 2019-03-31 | 14.73% |
| 2018-12-31 | 11.96% |
| 2018-09-30 | 12.12% |
| 2018-06-30 | 16.24% |
| 2018-03-31 | 19.33% |
| 2017-12-31 | 12.62% |
| 2017-09-30 | 21.67% |
| 2017-06-30 | 17.86% |
| 2017-03-31 | 20.09% |
| 2016-12-31 | 18.58% |
| 2016-09-30 | 18.59% |
| 2016-06-30 | 20.35% |
| 2016-03-31 | 21.58% |
| 2015-12-31 | 21.73% |
| 2015-09-30 | 17.10% |
| 2015-06-30 | 19.98% |
| 2015-03-31 | 19.69% |
| 2014-12-31 | 13.03% |
| 2014-09-30 | 19.59% |
| 2014-06-30 | 22.44% |
| 2014-03-31 | 15.32% |
| 2013-12-31 | 17.05% |
| 2013-09-30 | 19.76% |
| 2013-06-30 | 20.09% |
| 2013-03-31 | 20.18% |
| 2012-12-31 | 4.17% |
| 2012-09-30 | 18.92% |
| 2012-06-30 | 18.54% |
| 2012-03-31 | 18.01% |
| 2011-12-31 | 14.43% |
| 2011-09-30 | 17.16% |
| 2011-06-30 | 14.74% |
| 2011-03-31 | 15.57% |
| 2010-06-30 | 18.85% |
| 2009-06-30 | 14.27% |
