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 15.37% is 16% below its 5-year average of 18.24%, near the high end of its 5-year range (-428.57%–140.41%).
As of the fiscal period ended Tuesday, March 31, 2026. 119.54% above its 12-month average of -78.65%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.37%
TAX RATE AVG TTM
-78.65%
TAX RATE AVG 3Y
-57.70%
TAX RATE AVG 5Y
18.24%
TAX RATE AVG 10Y
23.54%
TAX RATE AVG 15Y
14.65%
TAX RATE AVG 20Y
14.26%
CURRENT VS TTM AVG
+119.54%
CURRENT VS 3Y AVG
+126.63%
CURRENT VS 5Y AVG
-15.77%
CURRENT VS 10Y AVG
-34.72%
CURRENT VS 15Y AVG
+4.92%
CURRENT VS 20Y AVG
+7.73%
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 | 15.37% |
| 2025-12-31 | -428.57% |
| 2025-09-30 | 33.02% |
| 2025-06-30 | -38.24% |
| 2025-03-31 | 25.17% |
| 2023-12-31 | 8.07% |
| 2023-09-30 | -18.75% |
| 2022-09-30 | 64.85% |
| 2022-06-30 | 140.41% |
| 2021-09-30 | 20.05% |
| 2021-06-30 | 30.72% |
| 2021-03-31 | 42.18% |
| 2020-12-31 | 11.48% |
| 2019-12-31 | 61.66% |
| 2018-03-31 | 3.67% |
| 2017-09-30 | -415.13% |
| 2017-03-31 | 7.85% |
| 2016-09-30 | 33.66% |
| 2016-06-30 | 11.33% |
| 2016-03-31 | 26.30% |
| 2015-12-31 | 28.92% |
| 2015-09-30 | 61.66% |
| 2015-06-30 | 14.17% |
| 2015-03-31 | 18.67% |
| 2014-12-31 | 21.33% |
| 2014-09-30 | 15.56% |
| 2014-06-30 | 12.04% |
| 2014-03-31 | 16.05% |
| 2013-12-31 | 22.75% |
| 2013-09-30 | 1.66% |
| 2013-03-31 | 7.58% |
| 2012-12-31 | -59.78% |
| 2012-06-30 | 4.29% |
| 2012-03-31 | -1.05% |
| 2011-12-31 | 3.32% |
| 2011-09-30 | 3.41% |
| 2011-03-31 | 5.91% |
| 2010-12-31 | 85.14% |
| 2010-09-30 | 11.22% |
| 2010-06-30 | 12.73% |
| 2010-03-31 | 10.53% |
| 2009-12-31 | 1.55% |
| 2009-09-30 | 6.99% |
| 2009-06-30 | 15.29% |
| 2009-03-31 | 5.26% |
| 2008-09-30 | 6.86% |
| 2008-06-30 | 11.15% |
| 2008-03-31 | 38.75% |
| 2007-12-31 | 12.77% |
| 2007-09-30 | 19.29% |
| 2007-06-30 | 17.97% |
| 2007-03-31 | 17.94% |
| 2006-12-31 | -20.26% |
| 2006-09-30 | 12.54% |
| 2006-06-30 | 16.33% |
| 2005-12-31 | 13.69% |
| 2005-09-30 | 15.96% |
| 2005-06-30 | 21.48% |
| 2005-03-31 | 21.51% |
| 2004-12-31 | 20.03% |
| 2004-09-30 | 22.63% |
| 2004-06-30 | 23.02% |
| 2003-12-31 | 21.14% |
| 2003-09-30 | 19.96% |
| 2003-06-30 | 20.67% |
| 2003-03-31 | 21.51% |
| 2002-12-31 | 18.03% |
| 2002-09-30 | 15.87% |
