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 -0.51% is 131% below its 5-year average of 1.61%, near the low end of its 5-year range (-0.51%–3.22%).
As of the fiscal period ended Tuesday, March 31, 2026. 185.84% below its 12-month average of 0.59%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-0.51%
TAX RATE AVG TTM
0.59%
TAX RATE AVG 3Y
1.43%
TAX RATE AVG 5Y
1.84%
TAX RATE AVG 10Y
1.10%
TAX RATE AVG 15Y
1.03%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-185.84%
CURRENT VS 3Y AVG
-135.38%
CURRENT VS 5Y AVG
-127.56%
CURRENT VS 10Y AVG
-146.13%
CURRENT VS 15Y AVG
-149.25%
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 | -0.51% |
| 2025-12-31 | 0.46% |
| 2025-09-30 | 0.43% |
| 2025-06-30 | 0.85% |
| 2025-03-31 | 1.72% |
| 2024-12-31 | 2.31% |
| 2024-09-30 | 2.36% |
| 2024-06-30 | 1.80% |
| 2024-03-31 | 2.49% |
| 2023-12-31 | 1.51% |
| 2023-09-30 | 1.67% |
| 2023-06-30 | 1.70% |
| 2023-03-31 | 1.84% |
| 2022-12-31 | 1.73% |
| 2022-09-30 | 1.79% |
| 2022-06-30 | 1.90% |
| 2022-03-31 | 1.94% |
| 2021-12-31 | 1.53% |
| 2021-09-30 | 1.05% |
| 2021-06-30 | 2.11% |
| 2021-03-31 | 3.22% |
| 2020-12-31 | 1.08% |
| 2020-09-30 | 1.41% |
| 2020-06-30 | 1.01% |
| 2020-03-31 | 1.20% |
| 2019-12-31 | 1.42% |
| 2019-09-30 | 0.88% |
| 2019-06-30 | 1.03% |
| 2019-03-31 | -0.93% |
| 2018-12-31 | 0.93% |
| 2018-09-30 | 0.79% |
| 2018-06-30 | 0.94% |
| 2018-03-31 | 0.30% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | -0.54% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 1.65% |
| 2015-12-31 | -7.67% |
| 2015-09-30 | 21.81% |
| 2015-06-30 | 29.95% |
| 2015-03-31 | 39.82% |
| 2014-12-31 | -2.84% |
| 2014-09-30 | 51.39% |
| 2014-06-30 | 71.32% |
| 2014-03-31 | -0.23% |
| 2013-12-31 | 10.83% |
| 2013-09-30 | 35.69% |
| 2013-06-30 | 2.67% |
| 2013-03-31 | -19.08% |
| 2012-12-31 | 44.98% |
| 2012-09-30 | 7.17% |
| 2012-06-30 | -32.69% |
| 2012-03-31 | -24.51% |
| 2011-09-30 | 253.27% |
| 2011-03-31 | 1.66% |
