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 -113.37% is 709% below its 5-year average of 18.61%, near the low end of its 5-year range (-135.01%–136.65%).
As of the fiscal period ended Tuesday, March 31, 2026. 766.34% below its 12-month average of -13.09%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): -113.37%.
TAX RATE
-113.37%
TAX RATE AVG TTM
-13.09%
TAX RATE AVG 3Y
7.08%
TAX RATE AVG 5Y
18.61%
TAX RATE AVG 10Y
23.84%
TAX RATE AVG 15Y
18.97%
TAX RATE AVG 20Y
19.82%
CURRENT VS TTM AVG
-766.34%
CURRENT VS 3Y AVG
-1701.84%
CURRENT VS 5Y AVG
-709.24%
CURRENT VS 10Y AVG
-575.59%
CURRENT VS 15Y AVG
-697.50%
CURRENT VS 20Y AVG
-671.86%
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 | -113.37% |
| 2025-12-31 | 13.94% |
| 2025-09-30 | 23.78% |
| 2025-06-30 | 23.30% |
| 2024-12-31 | 7.16% |
| 2024-09-30 | 22.22% |
| 2024-06-30 | 13.92% |
| 2023-12-31 | -22.74% |
| 2023-09-30 | 67.89% |
| 2023-06-30 | 34.66% |
| 2022-12-31 | 24.80% |
| 2022-09-30 | 21.64% |
| 2022-06-30 | 28.58% |
| 2022-03-31 | 52.71% |
| 2021-12-31 | -2.07% |
| 2021-09-30 | -135.01% |
| 2021-06-30 | 136.65% |
| 2020-12-31 | 12.26% |
| 2020-09-30 | 6.62% |
| 2019-12-31 | 98.09% |
| 2019-09-30 | 30.76% |
| 2018-12-31 | 73.40% |
| 2018-09-30 | 91.35% |
| 2016-12-31 | 27.24% |
| 2016-09-30 | 19.65% |
| 2015-12-31 | 20.55% |
| 2015-09-30 | 21.79% |
| 2014-12-31 | 30.75% |
| 2014-09-30 | 15.82% |
| 2013-12-31 | 20.06% |
| 2013-09-30 | 17.79% |
| 2013-06-30 | 6.83% |
| 2013-03-31 | 12.80% |
| 2012-12-31 | 14.07% |
| 2012-09-30 | 21.62% |
| 2012-06-30 | 13.60% |
| 2012-03-31 | 23.00% |
| 2011-12-31 | 20.96% |
| 2011-09-30 | 22.01% |
| 2011-06-30 | 15.13% |
| 2011-03-31 | 21.89% |
| 2010-12-31 | 19.68% |
| 2010-09-30 | 18.28% |
| 2010-06-30 | 16.92% |
| 2010-03-31 | 25.36% |
| 2009-12-31 | 17.29% |
| 2009-09-30 | 24.55% |
| 2009-06-30 | 9.86% |
| 2008-12-31 | 21.85% |
| 2008-09-30 | 22.47% |
| 2008-06-30 | 21.09% |
| 2007-12-31 | 4.40% |
| 2007-09-30 | 23.06% |
| 2007-06-30 | 37.46% |
| 2007-03-31 | 23.50% |
| 2006-12-31 | 23.30% |
| 2006-09-30 | 21.52% |
| 2006-06-30 | 11.74% |
| 2005-12-31 | 8.70% |
| 2005-09-30 | 27.62% |
| 2005-06-30 | 461.41% |
| 2005-03-31 | 27.28% |
| 2004-12-31 | 5.29% |
| 2004-09-30 | 27.14% |
| 2004-06-30 | 27.50% |
| 2004-03-31 | 27.50% |
| 2003-12-31 | 27.24% |
| 2003-09-30 | 27.69% |
| 2003-06-30 | 27.51% |
| 2003-03-31 | 26.45% |
| 2002-12-31 | 27.06% |
| 2002-09-30 | 27.03% |
