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 8.80% is 36% above its 5-year average of 6.48%, near the high end of its 5-year range (-23.85%–16.38%).
As of the fiscal period ended Tuesday, March 31, 2026. 7.93% below its 12-month average of 9.56%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
8.80%
TAX RATE AVG TTM
9.56%
TAX RATE AVG 3Y
11.16%
TAX RATE AVG 5Y
9.12%
TAX RATE AVG 10Y
6.43%
TAX RATE AVG 15Y
5.61%
TAX RATE AVG 20Y
5.61%
CURRENT VS TTM AVG
-7.93%
CURRENT VS 3Y AVG
-21.13%
CURRENT VS 5Y AVG
-3.49%
CURRENT VS 10Y AVG
+36.77%
CURRENT VS 15Y AVG
+56.96%
CURRENT VS 20Y AVG
+56.96%
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 | 8.80% |
| 2025-12-31 | 1.85% |
| 2025-09-30 | 12.49% |
| 2025-06-30 | 15.96% |
| 2025-03-31 | 8.69% |
| 2024-12-31 | 3.93% |
| 2024-09-30 | 11.36% |
| 2024-06-30 | 9.72% |
| 2024-03-31 | -13.37% |
| 2023-12-31 | 16.38% |
| 2023-09-30 | 9.24% |
| 2023-06-30 | 10.55% |
| 2023-03-31 | 15.60% |
| 2022-12-31 | 13.01% |
| 2022-09-30 | 4.54% |
| 2022-06-30 | 6.94% |
| 2022-03-31 | 8.46% |
| 2021-12-31 | 6.51% |
| 2021-09-30 | 2.62% |
| 2021-06-30 | 6.57% |
| 2021-03-31 | -23.85% |
| 2020-12-31 | 5.72% |
| 2020-09-30 | 15.10% |
| 2020-06-30 | 10.37% |
| 2020-03-31 | -11.91% |
| 2019-12-31 | 10.75% |
| 2019-09-30 | -0.27% |
| 2019-06-30 | -5.44% |
| 2019-03-31 | 5.94% |
| 2018-12-31 | -0.50% |
| 2018-09-30 | 6.62% |
| 2018-06-30 | 7.16% |
| 2018-03-31 | 3.39% |
| 2017-12-31 | -213.55% |
| 2017-09-30 | -6.55% |
| 2017-06-30 | 4.93% |
| 2017-03-31 | 4.08% |
| 2016-12-31 | 1.85% |
| 2016-09-30 | -7.12% |
| 2016-06-30 | 8.66% |
| 2016-03-31 | 0.12% |
| 2015-12-31 | -24.77% |
| 2015-09-30 | 6.21% |
| 2015-06-30 | 23.24% |
| 2014-12-31 | -21.39% |
| 2014-03-31 | -6.75% |
| 2011-09-30 | 82.93% |
| 2011-06-30 | 84.85% |
| 2010-12-31 | 69.63% |
| 2010-09-30 | 74.83% |
| 2006-09-30 | -30.56% |