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 -37.42% is 174% below its 5-year average of -13.66%, around the middle of its 5-year range (-61.11%–5.81%).
As of the fiscal period ended Tuesday, March 31, 2026. 29.38% below its 12-month average of -28.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-37.42%
TAX RATE AVG TTM
-28.92%
TAX RATE AVG 3Y
-18.83%
TAX RATE AVG 5Y
-13.66%
TAX RATE AVG 10Y
-1.24%
TAX RATE AVG 15Y
3.83%
TAX RATE AVG 20Y
9.17%
CURRENT VS TTM AVG
-29.38%
CURRENT VS 3Y AVG
-98.76%
CURRENT VS 5Y AVG
-174.05%
CURRENT VS 10Y AVG
-2926.55%
CURRENT VS 15Y AVG
-1077.07%
CURRENT VS 20Y AVG
-508.05%
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 | -37.42% |
| 2025-12-31 | -39.22% |
| 2025-09-30 | -6.84% |
| 2025-06-30 | -32.82% |
| 2025-03-31 | -28.31% |
| 2024-12-31 | -7.14% |
| 2024-09-30 | -26.61% |
| 2024-06-30 | -61.11% |
| 2024-03-31 | -6.76% |
| 2023-12-31 | 0.82% |
| 2023-09-30 | 1.89% |
| 2023-06-30 | 0.00% |
| 2023-03-31 | -1.24% |
| 2022-12-31 | -3.88% |
| 2022-09-30 | 5.81% |
| 2022-06-30 | 2.45% |
| 2022-03-31 | 4.00% |
| 2021-12-31 | -9.20% |
| 2021-09-30 | -8.82% |
| 2021-06-30 | -13.18% |
| 2021-03-31 | -19.18% |
| 2020-12-31 | -17.86% |
| 2020-09-30 | -8.73% |
| 2020-06-30 | -6.25% |
| 2020-03-31 | -12.34% |
| 2019-12-31 | 14.48% |
| 2019-09-30 | 9.18% |
| 2019-06-30 | 10.34% |
| 2019-03-31 | 10.57% |
| 2018-12-31 | 6.00% |
| 2018-09-30 | 5.32% |
| 2018-06-30 | 11.67% |
| 2018-03-31 | 11.97% |
| 2017-12-31 | 1.83% |
| 2017-09-30 | 13.22% |
| 2017-06-30 | 17.97% |
| 2017-03-31 | 14.77% |
| 2016-12-31 | 15.70% |
| 2016-09-30 | 5.40% |
| 2016-06-30 | 17.24% |
| 2016-03-31 | 17.73% |
| 2015-12-31 | 22.43% |
| 2015-09-30 | 13.21% |
| 2015-06-30 | 13.56% |
| 2015-03-31 | 17.13% |
| 2014-12-31 | -3.13% |
| 2014-09-30 | 7.29% |
| 2014-06-30 | 16.97% |
| 2014-03-31 | 15.70% |
| 2013-12-31 | 16.55% |
| 2013-09-30 | 9.83% |
| 2013-06-30 | 13.31% |
| 2013-03-31 | 12.71% |
| 2012-12-31 | 6.94% |
| 2012-09-30 | 20.44% |
| 2012-06-30 | 19.49% |
| 2012-03-31 | 39.01% |
| 2011-12-31 | 12.86% |
| 2011-09-30 | 23.52% |
| 2011-06-30 | -25.87% |
| 2011-03-31 | 22.27% |
| 2010-12-31 | 31.16% |
| 2010-09-30 | 29.19% |
| 2010-06-30 | 30.38% |
| 2010-03-31 | 42.05% |
| 2009-12-31 | 23.28% |
| 2009-06-30 | 29.94% |
| 2009-03-31 | -32.36% |
| 2008-12-31 | 23.49% |
| 2008-09-30 | 38.26% |
| 2008-06-30 | 16.05% |
| 2008-03-31 | 35.69% |
| 2007-12-31 | 37.88% |
| 2007-09-30 | 35.94% |
| 2007-06-30 | 40.71% |
| 2007-03-31 | 37.31% |
| 2006-12-31 | 40.28% |
| 2006-09-30 | 35.07% |
| 2006-06-30 | 39.16% |
| 2006-03-31 | 4.30% |
| 2005-09-30 | 9.04% |
| 2005-03-31 | 23.41% |
| 2004-12-31 | 25.83% |
| 2004-09-30 | 29.09% |
| 2004-06-30 | 31.73% |
| 2004-03-31 | 28.82% |
| 2003-12-31 | 24.27% |
| 2003-09-30 | 33.31% |
| 2003-06-30 | 34.64% |
| 2003-03-31 | 35.84% |
| 2002-12-31 | 35.26% |
| 2002-09-30 | 37.31% |
| 2002-06-30 | 21.49% |
