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 74% below its 5-year average of 1.23%, near the low end of its 5-year range (-0.16%–51.26%).
As of the fiscal period ended Tuesday, March 31, 2026. 97.80% below its 12-month average of 14.59%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 0.32%.
TAX RATE
0.32%
TAX RATE AVG TTM
14.59%
TAX RATE AVG 3Y
6.23%
TAX RATE AVG 5Y
1.23%
TAX RATE AVG 10Y
0.75%
TAX RATE AVG 15Y
0.52%
TAX RATE AVG 20Y
0.30%
CURRENT VS TTM AVG
-97.80%
CURRENT VS 3Y AVG
-94.85%
CURRENT VS 5Y AVG
-73.97%
CURRENT VS 10Y AVG
-57.36%
CURRENT VS 15Y AVG
-38.57%
CURRENT VS 20Y AVG
+6.40%
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 |
|---|---|
| 2026-03-31 | 0.32% |
| 2025-12-31 | 2.62% |
| 2025-06-30 | 51.26% |
| 2025-03-31 | 4.15% |
| 2024-09-30 | 2.01% |
| 2024-06-30 | 5.17% |
| 2024-03-31 | 1.88% |
| 2023-12-31 | -0.06% |
| 2023-09-30 | 0.21% |
| 2023-06-30 | 0.06% |
| 2023-03-31 | 0.91% |
| 2022-12-31 | 0.02% |
| 2022-06-30 | 0.06% |
| 2021-12-31 | 0.05% |
| 2021-06-30 | -0.16% |
| 2021-03-31 | 36.49% |
| 2020-12-31 | 0.00% |
| 2020-09-30 | 0.00% |
| 2019-09-30 | -3.61% |
| 2019-06-30 | -0.62% |
| 2019-03-31 | 1.22% |
| 2017-09-30 | 0.31% |
| 2017-03-31 | 1.38% |
| 2016-12-31 | 0.51% |
| 2016-09-30 | 0.97% |
| 2016-03-31 | 0.69% |
| 2014-12-31 | 0.32% |
| 2014-06-30 | -0.01% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.15% |
| 2013-06-30 | 0.48% |
| 2013-03-31 | 0.52% |
| 2012-09-30 | 1.34% |
| 2012-03-31 | 0.38% |
| 2011-12-31 | 0.08% |
| 2010-12-31 | 0.55% |
| 2010-09-30 | 0.09% |
| 2010-06-30 | 0.28% |
| 2009-12-31 | -0.13% |
| 2009-09-30 | 0.03% |
| 2009-06-30 | -0.06% |
| 2009-03-31 | 0.27% |
| 2008-06-30 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-06-30 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
