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 -6.31% is 157% below its 5-year average of 11.00%, around the middle of its 5-year range (-48.67%–35.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 184.25% below its 12-month average of -2.22%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-30): -6.31%.
TAX RATE
-6.31%
TAX RATE AVG TTM
-2.22%
TAX RATE AVG 3Y
14.31%
TAX RATE AVG 5Y
11.00%
TAX RATE AVG 10Y
27.67%
TAX RATE AVG 15Y
31.74%
TAX RATE AVG 20Y
32.05%
CURRENT VS TTM AVG
-184.25%
CURRENT VS 3Y AVG
-144.10%
CURRENT VS 5Y AVG
-157.36%
CURRENT VS 10Y AVG
-122.80%
CURRENT VS 15Y AVG
-119.88%
CURRENT VS 20Y AVG
-119.69%
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 |
|---|---|
| 2026-06-30 | -6.31% |
| 2026-03-31 | 1.87% |
| 2023-12-31 | 26.82% |
| 2023-09-30 | 35.41% |
| 2023-06-30 | 13.74% |
| 2022-06-30 | 27.35% |
| 2022-03-31 | 24.19% |
| 2021-12-31 | -48.67% |
| 2021-06-30 | 24.60% |
| 2021-03-31 | 24.41% |
| 2020-12-31 | 24.73% |
| 2020-09-30 | 24.72% |
| 2020-06-30 | 7.57% |
| 2020-03-31 | 29.55% |
| 2019-12-31 | 28.67% |
| 2019-09-30 | 25.94% |
| 2019-06-30 | 25.27% |
| 2019-03-31 | 23.00% |
| 2018-09-30 | -131.48% |
| 2018-06-30 | 35.21% |
| 2018-03-31 | 311.07% |
| 2017-06-30 | 40.11% |
| 2017-03-31 | 42.34% |
| 2016-06-30 | 42.07% |
| 2016-03-31 | 41.16% |
| 2015-06-30 | 44.50% |
| 2015-03-31 | 25.37% |
| 2014-12-31 | 39.45% |
| 2014-09-30 | 12.23% |
| 2014-06-30 | 41.41% |
| 2014-03-31 | 42.37% |
| 2013-09-30 | 37.41% |
| 2013-06-30 | 38.62% |
| 2013-03-31 | 39.36% |
| 2012-12-31 | 37.99% |
| 2012-06-30 | 38.12% |
| 2012-03-31 | 37.85% |
| 2011-12-31 | 38.91% |
| 2011-06-30 | 38.71% |
| 2011-03-31 | 38.03% |
| 2010-06-30 | 39.69% |
| 2010-03-31 | 29.43% |
| 2009-06-30 | 20.50% |
| 2009-03-31 | 49.01% |
| 2008-06-30 | -117.19% |
| 2008-03-31 | 41.92% |
| 2007-12-31 | 34.93% |
| 2007-05-31 | 229.73% |
| 2007-02-28 | 43.54% |
| 2006-08-31 | 96.28% |
| 2006-05-31 | 30.07% |
| 2006-02-28 | 38.26% |
| 2005-11-17 | 35.91% |
| 2005-08-31 | 30.38% |
| 2005-05-31 | 38.09% |
| 2004-11-30 | 35.97% |
| 2004-08-31 | 19.66% |
| 2004-05-31 | 41.19% |
| 2004-02-29 | 37.56% |
| 2003-11-30 | 33.78% |
| 2003-08-31 | 35.10% |
| 2003-05-31 | 29.93% |
| 2003-02-28 | 26.85% |
| 2002-11-30 | 26.07% |
