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 -0.18% is 101% below its 5-year average of 32.49%, near the low end of its 5-year range (-38.77%–540.68%).
As of the fiscal period ended Tuesday, March 31, 2026. 151.38% below its 12-month average of 0.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-0.18%
TAX RATE AVG TTM
0.34%
TAX RATE AVG 3Y
0.14%
TAX RATE AVG 5Y
0.27%
TAX RATE AVG 10Y
0.03%
TAX RATE AVG 15Y
2.84%
TAX RATE AVG 20Y
0.73%
CURRENT VS TTM AVG
-151.38%
CURRENT VS 3Y AVG
-226.42%
CURRENT VS 5Y AVG
-164.45%
CURRENT VS 10Y AVG
-802.67%
CURRENT VS 15Y AVG
-106.22%
CURRENT VS 20Y AVG
-124.07%
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 | -0.18% |
| 2025-12-31 | 0.71% |
| 2025-09-30 | 0.62% |
| 2025-06-30 | 0.22% |
| 2025-03-31 | 0.34% |
| 2024-12-31 | -38.77% |
| 2024-09-30 | 0.09% |
| 2024-06-30 | 0.18% |
| 2024-03-31 | 114.35% |
| 2023-12-31 | -0.12% |
| 2023-09-30 | -0.61% |
| 2023-06-30 | 22.12% |
| 2023-03-31 | 9.50% |
| 2022-12-31 | 540.68% |
| 2022-09-30 | -1.88% |
| 2022-03-31 | -0.06% |
| 2021-12-31 | 0.59% |
| 2021-09-30 | 0.06% |
| 2021-06-30 | 1.08% |
| 2021-03-31 | 0.92% |
| 2020-12-31 | 0.25% |
| 2020-06-30 | 0.01% |
| 2020-03-31 | 0.05% |
| 2019-12-31 | 0.24% |
| 2019-09-30 | -4.74% |
| 2019-06-30 | -0.34% |
| 2019-03-31 | 0.54% |
| 2018-12-31 | 2.85% |
| 2018-09-30 | -0.31% |
| 2018-06-30 | -0.44% |
| 2018-03-31 | 0.04% |
| 2017-12-31 | 2.47% |
| 2017-09-30 | -1.34% |
| 2017-06-30 | -0.67% |
| 2017-03-31 | -1.04% |
| 2016-12-31 | -2.41% |
| 2016-06-30 | -0.12% |
| 2016-03-31 | 7.85% |
| 2015-12-31 | 11.31% |
| 2015-09-30 | 3.39% |
| 2015-06-30 | -2.93% |
| 2015-03-31 | 3.91% |
| 2014-12-31 | 9.40% |
| 2014-09-30 | 4.85% |
| 2014-06-30 | -4.77% |
| 2014-03-31 | 9.19% |
| 2013-12-31 | 6.32% |
| 2013-09-30 | 32.36% |
| 2013-06-30 | -19.03% |
| 2013-03-31 | 19.37% |
| 2012-12-31 | -1.85% |
| 2012-09-30 | 24.31% |
| 2012-06-30 | -21.08% |
| 2012-03-31 | 27.42% |
| 2011-12-31 | 23.63% |
| 2011-09-30 | 31.38% |
| 2011-06-30 | 19.10% |
| 2011-03-31 | 22.42% |
| 2010-12-31 | 55.49% |
| 2010-09-30 | -5.91% |
| 2010-06-30 | -21.92% |
| 2010-03-31 | -7.45% |
| 2009-12-31 | -224.31% |
| 2009-09-30 | -3.53% |
| 2009-06-30 | -2.24% |
| 2009-03-31 | -5.33% |
| 2008-12-31 | -55.38% |
| 2008-09-30 | 28.08% |
| 2008-06-30 | -3.67% |
| 2008-03-31 | 19.23% |
| 2007-09-30 | 1.56% |
| 2007-06-30 | -11.37% |
| 2007-03-31 | -108.07% |
| 2006-12-31 | -11.86% |
| 2006-09-30 | -7.59% |
| 2006-06-30 | -7.00% |
| 2006-03-31 | -3.21% |
| 2005-12-31 | 6.89% |
| 2005-09-30 | -2.15% |
| 2005-06-30 | -4.48% |
| 2005-03-31 | -6.38% |
| 2004-12-31 | 2.97% |
| 2004-09-30 | -0.05% |
| 2004-06-30 | -5.86% |
| 2004-03-31 | -3.49% |
| 2003-12-31 | -30.76% |
| 2003-09-30 | 2.38% |
| 2003-06-30 | 2.48% |
| 2003-03-31 | 3.31% |
| 2002-12-31 | 4.04% |
| 2002-09-30 | 4.13% |
| 2002-06-30 | 3.45% |
