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 -10.55% is 111% below its 5-year average of 94.03%, near the low end of its 5-year range (-96.97%–501.36%).
As of the fiscal period ended Friday, July 31, 2026. 115.38% below its 12-month average of 68.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2027 (2026-07-31): -10.55%.
TAX RATE
-10.55%
TAX RATE AVG TTM
68.62%
TAX RATE AVG 3Y
52.40%
TAX RATE AVG 5Y
94.03%
TAX RATE AVG 10Y
7.46%
TAX RATE AVG 15Y
7.46%
TAX RATE AVG 20Y
6.99%
CURRENT VS TTM AVG
-115.38%
CURRENT VS 3Y AVG
-120.14%
CURRENT VS 5Y AVG
-111.22%
CURRENT VS 10Y AVG
-241.49%
CURRENT VS 15Y AVG
-241.49%
CURRENT VS 20Y AVG
-250.93%
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 |
|---|---|
| 2026-07-31 | -10.55% |
| 2026-04-30 | 177.65% |
| 2026-01-31 | -28.14% |
| 2025-10-31 | 301.13% |
| 2025-07-31 | -96.97% |
| 2025-04-30 | 96.68% |
| 2023-10-31 | -73.01% |
| 2022-01-31 | 501.36% |
| 2021-10-31 | 45.36% |
| 2021-07-31 | 26.83% |
| 2021-01-31 | -114.76% |
| 2020-10-31 | 30.21% |
| 2020-07-31 | 48.44% |
| 2020-01-31 | 24.68% |
| 2019-10-31 | 24.68% |
| 2019-07-31 | -14.28% |
| 2019-04-30 | -14.28% |
| 2017-12-31 | 39.44% |
| 2017-06-30 | 12.82% |
| 2007-03-31 | 0.00% |
| 2003-12-31 | 0.04% |
| 2001-09-30 | 100.00% |
| 2001-03-31 | 14.67% |