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 -26.63% is 219% below its 5-year average of 22.40%, near the low end of its 5-year range (-45.96%–27.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 275.75% below its 12-month average of 15.15%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-26.63%
TAX RATE AVG TTM
15.15%
TAX RATE AVG 3Y
24.88%
TAX RATE AVG 5Y
22.40%
TAX RATE AVG 10Y
22.91%
TAX RATE AVG 15Y
26.30%
TAX RATE AVG 20Y
28.01%
CURRENT VS TTM AVG
-275.75%
CURRENT VS 3Y AVG
-207.01%
CURRENT VS 5Y AVG
-218.90%
CURRENT VS 10Y AVG
-216.21%
CURRENT VS 15Y AVG
-201.27%
CURRENT VS 20Y AVG
-195.07%
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 |
|---|---|
| 2026-06-30 | -26.63% |
| 2026-03-31 | 24.48% |
| 2025-12-31 | 23.54% |
| 2025-09-30 | 26.76% |
| 2025-06-30 | 27.61% |
| 2025-03-31 | 12.96% |
| 2024-12-31 | 23.91% |
| 2024-09-30 | 25.70% |
| 2024-06-30 | 25.77% |
| 2024-03-31 | 22.42% |
| 2023-12-31 | -45.96% |
| 2023-09-30 | 23.96% |
| 2023-06-30 | 24.69% |
| 2023-03-31 | 10.31% |
| 2022-12-31 | 24.47% |
| 2022-09-30 | 27.50% |
| 2022-06-30 | 22.78% |
| 2022-03-31 | 20.80% |
| 2021-12-31 | 14.60% |
| 2021-09-30 | 20.86% |
| 2021-06-30 | -10.76% |
| 2020-09-30 | 21.26% |
| 2020-03-31 | -63.16% |
| 2019-12-31 | 14.42% |
| 2019-09-30 | 26.57% |
| 2019-06-30 | 26.11% |
| 2019-03-31 | 13.19% |
| 2018-12-31 | 13.15% |
| 2018-09-30 | 15.32% |
| 2018-06-30 | 23.68% |
| 2018-03-31 | 21.05% |
| 2017-12-31 | 82.95% |
| 2017-09-30 | 34.28% |
| 2017-06-30 | 31.70% |
| 2017-03-31 | 24.90% |
| 2016-12-31 | 36.29% |
| 2016-09-30 | 46.56% |
| 2016-06-30 | 28.20% |
| 2016-03-31 | 32.82% |
| 2015-12-31 | 28.87% |
| 2015-09-30 | 32.04% |
| 2015-06-30 | 32.39% |
| 2015-03-31 | 32.57% |
| 2014-12-31 | 30.14% |
| 2014-09-30 | 33.79% |
| 2014-06-30 | 32.63% |
| 2014-03-31 | 25.54% |
| 2013-12-31 | 28.10% |
| 2013-09-30 | 28.25% |
| 2013-06-30 | 31.94% |
| 2013-03-31 | 32.34% |
| 2012-12-31 | 33.21% |
| 2012-09-07 | 35.59% |
| 2012-06-15 | 31.58% |
| 2012-03-23 | 29.25% |
| 2011-12-31 | 30.20% |
| 2011-06-17 | 32.84% |
| 2011-03-25 | 33.55% |
| 2010-12-31 | -57.27% |
| 2010-09-10 | 35.16% |
| 2010-06-18 | 35.33% |
| 2010-03-26 | 35.66% |
| 2009-12-31 | 39.08% |
| 2009-06-19 | 55.70% |
| 2009-03-27 | 412.50% |
| 2008-12-31 | 157.14% |
| 2008-09-05 | 55.08% |
| 2008-06-13 | 47.93% |
| 2008-03-21 | 38.27% |
| 2007-12-31 | 65.29% |
| 2007-09-07 | 43.46% |
| 2007-06-15 | 16.87% |
| 2007-03-23 | 34.40% |
| 2006-12-31 | 22.26% |
| 2006-09-08 | 36.77% |
| 2006-06-16 | 31.37% |
| 2006-03-24 | 25.45% |
| 2005-12-31 | 25.33% |
| 2005-09-09 | 20.25% |
| 2005-06-17 | -17.54% |
| 2005-03-25 | -3.57% |
| 2004-12-31 | 10.55% |
| 2004-09-10 | 19.44% |
| 2004-06-18 | 18.44% |
| 2004-03-26 | 13.64% |
| 2003-12-31 | 12.89% |
| 2003-09-12 | -15.09% |
| 2003-06-20 | -14.55% |
| 2003-03-28 | -85.11% |
| 2002-12-31 | -2.46% |
| 2002-09-06 | -1.79% |
