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 0.26% is in line with its 5-year average of 0.28%, near the low end of its 5-year range (0.02%–12.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.92% above its 12-month average of 0.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): 0.26%.
TAX RATE
0.26%
TAX RATE AVG TTM
0.25%
TAX RATE AVG 3Y
0.28%
TAX RATE AVG 5Y
0.28%
TAX RATE AVG 10Y
1.10%
TAX RATE AVG 15Y
1.64%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+0.92%
CURRENT VS 3Y AVG
-8.72%
CURRENT VS 5Y AVG
-8.65%
CURRENT VS 10Y AVG
-76.81%
CURRENT VS 15Y AVG
-84.45%
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 |
|---|---|
| 2026-06-30 | 0.26% |
| 2026-03-31 | 0.23% |
| 2025-12-31 | 0.20% |
| 2025-09-30 | 0.22% |
| 2025-06-30 | 0.35% |
| 2025-03-31 | 0.33% |
| 2024-12-31 | 0.25% |
| 2024-09-30 | 0.27% |
| 2024-06-30 | 0.19% |
| 2024-03-31 | 0.35% |
| 2023-12-31 | 0.44% |
| 2023-09-30 | 0.25% |
| 2023-06-30 | 0.02% |
| 2023-03-31 | 0.27% |
| 2022-12-31 | 0.31% |
| 2022-09-30 | 6.32% |
| 2022-06-30 | 0.62% |
| 2022-03-31 | 0.17% |
| 2021-12-31 | 12.15% |
| 2021-09-30 | 3.63% |
| 2021-06-30 | 2.50% |
| 2021-03-31 | 2.02% |
| 2020-12-31 | 1.03% |
| 2020-09-30 | 2.03% |
| 2020-06-30 | -0.75% |
| 2020-03-31 | 0.33% |
| 2019-12-31 | 0.86% |
| 2019-09-30 | 1.30% |
| 2019-06-30 | 1.54% |
| 2019-03-31 | 1.20% |
| 2018-12-31 | 1.65% |
| 2018-09-30 | 1.03% |
| 2018-06-30 | 1.72% |
| 2018-03-31 | 1.52% |
| 2017-12-31 | 3.50% |
| 2017-09-30 | 1.71% |
| 2017-06-30 | 2.22% |
| 2017-03-31 | 2.62% |
| 2016-12-31 | 2.05% |
| 2016-09-30 | 1.44% |
| 2016-06-30 | 3.01% |
| 2016-03-31 | 5.77% |
| 2015-12-31 | 4.62% |
| 2015-09-30 | 4.09% |
| 2015-06-30 | 3.94% |
| 2015-03-31 | 5.43% |
| 2014-12-31 | 2.07% |
| 2014-09-30 | -2.12% |
| 2014-06-30 | 3.93% |
| 2014-03-31 | 3.47% |
| 2013-12-31 | 52.42% |
| 2013-09-30 | 40.10% |
| 2013-06-30 | 39.05% |
| 2013-03-31 | 41.88% |
| 2012-12-31 | 38.16% |
| 2012-09-30 | 33.19% |