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 0.32% is 80% below its 5-year average of 1.58%, near the low end of its 5-year range (-0.01%–6.02%).
As of the fiscal period ended Thursday, April 30, 2026. 84.67% below its 12-month average of 2.11%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-04-30): 0.32%.
TAX RATE
0.32%
TAX RATE AVG TTM
2.11%
TAX RATE AVG 3Y
2.11%
TAX RATE AVG 5Y
1.58%
TAX RATE AVG 10Y
0.91%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-84.67%
CURRENT VS 3Y AVG
-84.67%
CURRENT VS 5Y AVG
-79.55%
CURRENT VS 10Y AVG
-64.22%
CURRENT VS 15Y AVG
N/A
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 |
|---|---|
| 2026-04-30 | 0.32% |
| 2026-01-31 | -0.01% |
| 2025-10-31 | 6.02% |
| 2021-06-30 | 0.00% |
| 2020-12-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2014-09-30 | 0.00% |
