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 1.51% is 84% below its 5-year average of 9.17%, near the low end of its 5-year range (-5.41%–48.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 70.75% below its 12-month average of 5.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-06-30): 1.51%.
TAX RATE
1.51%
TAX RATE AVG TTM
5.16%
TAX RATE AVG 3Y
7.66%
TAX RATE AVG 5Y
9.17%
TAX RATE AVG 10Y
6.89%
TAX RATE AVG 15Y
4.75%
TAX RATE AVG 20Y
3.89%
CURRENT VS TTM AVG
-70.75%
CURRENT VS 3Y AVG
-80.29%
CURRENT VS 5Y AVG
-83.53%
CURRENT VS 10Y AVG
-78.11%
CURRENT VS 15Y AVG
-68.19%
CURRENT VS 20Y AVG
-61.18%
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 | 1.51% |
| 2026-03-31 | -0.37% |
| 2025-12-31 | 0.22% |
| 2025-09-30 | 13.06% |
| 2025-06-30 | 11.38% |
| 2025-03-31 | 20.41% |
| 2024-12-31 | 17.19% |
| 2024-09-30 | -5.41% |
| 2024-06-30 | 13.29% |
| 2024-03-31 | 17.19% |
| 2023-12-31 | -5.41% |
| 2023-09-30 | 13.29% |
| 2023-06-30 | 3.20% |
| 2023-03-31 | 3.82% |
| 2022-12-31 | 48.58% |
| 2022-09-30 | 17.09% |
| 2022-06-30 | 37.67% |
| 2022-03-31 | 5.53% |
| 2021-12-31 | 5.29% |
| 2021-06-30 | 5.20% |
| 2021-03-31 | 9.88% |
| 2020-12-31 | 12.37% |
| 2020-09-30 | 3.02% |
| 2020-06-30 | 8.96% |
| 2019-09-30 | 27.61% |
| 2019-06-30 | 7.02% |
| 2019-03-31 | 1.26% |
| 2018-12-31 | -1.22% |
| 2018-09-30 | 2.85% |
| 2018-06-30 | 0.51% |
| 2018-03-31 | 0.97% |
| 2017-12-31 | -3.66% |
| 2017-09-30 | 1.53% |
| 2017-06-30 | 2.58% |
| 2017-03-31 | 9.22% |
| 2016-12-31 | 6.37% |
| 2016-09-30 | 5.62% |
| 2016-06-30 | 16.86% |
| 2016-03-31 | -20.37% |
| 2015-06-30 | 1.37% |
| 2015-03-31 | -0.01% |
| 2014-12-31 | 0.17% |
| 2014-06-30 | -0.34% |
| 2013-12-31 | -1.19% |
| 2013-09-30 | -0.08% |
| 2013-06-30 | -0.52% |
| 2013-03-31 | 1.42% |
| 2012-12-31 | -0.15% |
| 2012-09-30 | 0.05% |
| 2012-03-31 | 1.65% |
| 2011-12-31 | 0.05% |
| 2010-09-30 | 0.08% |
| 2010-06-30 | 0.29% |
| 2009-12-31 | 1.45% |
| 2009-09-30 | -8.87% |
| 2009-06-30 | 0.21% |
| 2008-12-31 | 0.27% |
| 2008-09-30 | 11.79% |
| 2008-06-30 | 4.46% |
| 2008-03-31 | 33.13% |
| 2007-12-31 | 1.55% |
| 2007-09-30 | 3.54% |
| 2007-06-30 | 1.50% |
| 2007-03-31 | 1.30% |
| 2006-12-31 | -0.78% |
| 2006-09-30 | -1.28% |
| 2006-06-30 | 2.54% |
| 2006-03-31 | 7.63% |
| 2005-12-31 | 1.13% |
| 2005-09-30 | -0.27% |
| 2005-06-30 | 4.91% |
| 2004-12-31 | 1.60% |
| 2004-09-30 | 4.40% |
| 2004-06-30 | 4.67% |
| 2004-03-31 | 49.38% |
| 2003-12-31 | -1.61% |
| 2003-09-30 | 3.48% |
| 2003-06-30 | 0.37% |
| 2002-12-31 | -3.31% |
| 2002-09-30 | 4.67% |