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 -24.09% is 213% below its 5-year average of 21.27%, near the low end of its 5-year range (-24.09%–24.86%).
As of the fiscal period ended Tuesday, June 30, 2026. 275.58% below its 12-month average of 13.72%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-24.09%
TAX RATE AVG TTM
13.72%
TAX RATE AVG 3Y
23.67%
TAX RATE AVG 5Y
23.53%
TAX RATE AVG 10Y
23.45%
TAX RATE AVG 15Y
29.45%
TAX RATE AVG 20Y
30.90%
CURRENT VS TTM AVG
-275.58%
CURRENT VS 3Y AVG
-201.77%
CURRENT VS 5Y AVG
-202.37%
CURRENT VS 10Y AVG
-202.72%
CURRENT VS 15Y AVG
-181.79%
CURRENT VS 20Y AVG
-177.96%
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 | -24.09% |
| 2026-03-31 | 24.08% |
| 2025-12-31 | 21.74% |
| 2025-09-30 | 22.72% |
| 2025-06-30 | 24.15% |
| 2025-03-31 | 24.71% |
| 2024-12-31 | 21.69% |
| 2024-09-30 | 24.49% |
| 2024-06-30 | 23.99% |
| 2024-03-31 | 24.66% |
| 2023-12-31 | 22.90% |
| 2023-09-30 | 24.86% |
| 2023-06-30 | 24.07% |
| 2023-03-31 | 24.31% |
| 2022-12-31 | 21.93% |
| 2022-09-30 | 21.93% |
| 2022-06-30 | 24.39% |
| 2022-03-31 | 23.91% |
| 2021-12-31 | 22.49% |
| 2021-09-30 | 24.32% |
| 2021-06-30 | 23.33% |
| 2021-03-31 | 24.65% |
| 2020-12-31 | 23.54% |
| 2020-09-30 | 23.97% |
| 2020-06-30 | 23.47% |
| 2020-03-31 | 23.99% |
| 2019-12-31 | 21.41% |
| 2019-09-30 | 23.91% |
| 2019-06-30 | 24.08% |
| 2019-03-31 | 21.62% |
| 2018-12-31 | 23.22% |
| 2018-09-30 | 22.26% |
| 2018-06-30 | 23.34% |
| 2018-03-31 | 23.79% |
| 2017-12-31 | -321.16% |
| 2017-09-30 | 38.80% |
| 2017-06-30 | 38.33% |
| 2017-03-31 | 37.80% |
| 2016-12-31 | 39.01% |
| 2016-09-23 | 36.36% |
| 2016-06-24 | 37.06% |
| 2016-03-25 | 37.32% |
| 2015-12-31 | 37.11% |
| 2015-09-25 | 36.55% |
| 2015-06-26 | 37.66% |
| 2015-03-27 | 37.83% |
| 2014-12-31 | 36.65% |
| 2014-09-26 | 37.39% |
| 2014-06-27 | 37.76% |
| 2014-03-28 | 34.32% |
| 2013-12-31 | 36.60% |
| 2013-09-27 | 35.96% |
| 2013-06-28 | 35.70% |
| 2013-03-29 | 36.69% |
| 2012-12-31 | 38.30% |
| 2012-09-28 | 36.89% |
| 2012-06-29 | 36.71% |
| 2012-03-30 | 37.29% |
| 2011-12-31 | 35.81% |
| 2011-09-30 | 37.80% |
| 2011-07-01 | 36.11% |
| 2011-04-01 | 38.09% |
| 2010-12-31 | 38.66% |
| 2010-09-24 | 41.03% |
| 2010-06-25 | 35.51% |
| 2010-03-26 | 39.17% |
| 2009-12-31 | 33.70% |
| 2009-09-25 | 36.85% |
| 2009-06-26 | 37.09% |
| 2009-03-27 | 33.87% |
| 2008-12-31 | 35.68% |
| 2008-09-26 | 37.38% |
| 2008-06-27 | 34.75% |
| 2008-03-28 | 37.54% |
| 2007-12-31 | 35.96% |
| 2007-09-28 | 36.81% |
| 2007-06-29 | 36.96% |
| 2007-03-30 | 36.51% |
| 2006-12-31 | 26.17% |
| 2006-09-29 | 21.34% |
| 2006-06-30 | 30.23% |
| 2006-03-31 | 37.97% |
| 2005-12-31 | 36.80% |
| 2005-09-30 | 37.88% |
| 2005-07-01 | -3.77% |
| 2005-04-01 | 35.29% |
| 2004-12-31 | 35.68% |
| 2004-09-24 | 32.79% |
| 2004-06-25 | 35.33% |
| 2004-03-26 | 30.23% |
| 2003-12-31 | 32.42% |
| 2003-06-27 | 36.18% |
| 2003-03-28 | 34.38% |
| 2002-12-31 | 35.07% |
| 2002-09-27 | 35.20% |