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 -0.09% is 114% below its 5-year average of 0.64%, near the low end of its 5-year range (-0.53%–2.70%).
As of the fiscal period ended Tuesday, March 31, 2026. 20.56% above its 12-month average of -0.11%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-0.09%
TAX RATE AVG TTM
-0.11%
TAX RATE AVG 3Y
-0.05%
TAX RATE AVG 5Y
0.64%
TAX RATE AVG 10Y
-0.02%
TAX RATE AVG 15Y
0.53%
TAX RATE AVG 20Y
4.55%
CURRENT VS TTM AVG
+20.56%
CURRENT VS 3Y AVG
-65.82%
CURRENT VS 5Y AVG
-114.07%
CURRENT VS 10Y AVG
-470.64%
CURRENT VS 15Y AVG
-117.00%
CURRENT VS 20Y AVG
-101.97%
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 | -0.09% |
| 2025-12-31 | -0.18% |
| 2025-09-30 | -0.05% |
| 2025-06-30 | -0.20% |
| 2025-03-31 | -0.05% |
| 2024-12-31 | -0.09% |
| 2024-09-30 | 0.21% |
| 2024-06-30 | -0.02% |
| 2024-03-31 | -0.01% |
| 2023-12-31 | 1.00% |
| 2023-09-30 | 2.48% |
| 2023-06-30 | -0.06% |
| 2023-03-31 | 2.37% |
| 2022-12-31 | 2.70% |
| 2022-09-30 | 1.13% |
| 2022-06-30 | -0.11% |
| 2022-03-31 | 0.93% |
| 2021-12-31 | 1.27% |
| 2021-09-30 | 2.69% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | -0.53% |
| 2020-12-31 | -0.64% |
| 2020-09-30 | -0.02% |
| 2020-06-30 | -0.67% |
| 2020-03-31 | 0.05% |
| 2019-12-31 | 1.08% |
| 2019-09-30 | 3.84% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.01% |
| 2018-12-31 | -0.06% |
| 2018-09-30 | 0.02% |
| 2018-06-30 | 0.02% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.02% |
| 2017-09-30 | 0.01% |
| 2017-06-30 | 0.04% |
| 2017-03-31 | 0.01% |
| 2016-12-31 | 0.09% |
| 2016-09-30 | 0.01% |
| 2016-06-30 | 0.02% |
| 2016-03-31 | 0.02% |
| 2015-12-31 | 0.14% |
| 2015-09-30 | 0.02% |
| 2015-06-30 | 0.75% |
| 2015-03-31 | 38.47% |
| 2014-12-31 | 6.15% |
| 2014-09-30 | 73.39% |
| 2014-06-30 | 38.06% |
| 2014-03-31 | 8.18% |
| 2013-12-31 | 141.09% |
| 2013-06-30 | 339.52% |
| 2012-12-31 | -12.36% |
| 2012-09-30 | 22.70% |
| 2012-06-30 | -104.55% |
| 2012-03-31 | 59.51% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 98.89% |
| 2011-06-30 | 110.74% |
| 2011-03-31 | 147.26% |
| 2010-12-31 | 82.57% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 36.74% |
| 2010-03-31 | -14.00% |
| 2009-12-31 | -30.71% |
| 2009-09-30 | 26.88% |
| 2009-06-30 | 361.08% |
| 2009-03-31 | 38.19% |
| 2008-12-31 | 99.48% |
| 2008-09-30 | -55.09% |
| 2008-06-30 | 7.30% |
| 2008-03-31 | 35.22% |
| 2007-12-31 | 63.20% |
| 2007-03-31 | 20.92% |
| 2006-12-31 | 82.30% |
| 2006-09-30 | 57.63% |
| 2006-03-31 | -15.19% |
| 2005-12-31 | 70.00% |
| 2005-09-30 | 63.08% |
| 2005-06-30 | 5.99% |
| 2004-12-31 | 48.09% |
| 2004-09-30 | -119.60% |
| 2003-12-31 | 63.07% |
| 2002-12-31 | 61.50% |
| 2002-09-30 | 110.34% |
| 2002-06-30 | 0.00% |
