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 -23.08% is 235% below its 5-year average of 17.16%, near the low end of its 5-year range (-23.08%–87.49%).
As of the fiscal period ended Tuesday, March 31, 2026. 221.79% below its 12-month average of 18.95%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-23.08%
TAX RATE AVG TTM
18.95%
TAX RATE AVG 3Y
13.60%
TAX RATE AVG 5Y
15.58%
TAX RATE AVG 10Y
14.94%
TAX RATE AVG 15Y
23.51%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-221.79%
CURRENT VS 3Y AVG
-269.79%
CURRENT VS 5Y AVG
-248.19%
CURRENT VS 10Y AVG
-254.55%
CURRENT VS 15Y AVG
-198.19%
CURRENT VS 20Y AVG
N/A
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 | -23.08% |
| 2025-12-31 | 10.20% |
| 2025-09-30 | 87.49% |
| 2025-06-30 | 10.70% |
| 2025-03-31 | 9.45% |
| 2024-12-31 | 11.52% |
| 2024-09-30 | 11.97% |
| 2024-06-30 | 10.86% |
| 2024-03-31 | 12.79% |
| 2023-12-31 | 16.60% |
| 2023-09-30 | 17.38% |
| 2023-06-30 | 16.19% |
| 2023-03-31 | 21.87% |
| 2022-12-31 | 24.33% |
| 2022-09-30 | 21.18% |
| 2022-06-30 | 18.31% |
| 2022-03-31 | 16.20% |
| 2021-12-31 | 19.03% |
| 2021-09-30 | 12.98% |
| 2021-06-30 | 16.93% |
| 2021-03-31 | 17.44% |
| 2020-12-31 | 14.06% |
| 2020-09-30 | 3.53% |
| 2020-06-30 | 15.54% |
| 2020-03-31 | 16.36% |
| 2019-12-31 | 19.85% |
| 2019-09-30 | 16.89% |
| 2019-06-30 | 45.86% |
| 2019-03-31 | 30.24% |
| 2018-12-31 | 13.66% |
| 2018-09-30 | 13.11% |
| 2018-06-30 | 12.99% |
| 2018-03-31 | 11.09% |
| 2017-12-31 | 42.79% |
| 2017-09-30 | 10.10% |
| 2017-06-30 | 13.24% |
| 2017-03-31 | 10.09% |
| 2016-12-31 | 21.27% |
| 2016-09-30 | 16.97% |
| 2016-06-30 | 17.10% |
| 2016-03-31 | 15.88% |
| 2015-12-31 | 38.95% |
| 2015-09-30 | 37.43% |
| 2015-06-30 | 43.52% |
| 2015-03-31 | 45.06% |
| 2014-12-31 | 37.07% |
| 2014-09-30 | 39.67% |
| 2014-06-30 | 42.93% |
| 2014-03-31 | 40.28% |
| 2013-12-31 | 53.72% |
| 2013-09-30 | 41.46% |
| 2013-06-30 | 38.90% |
| 2013-03-31 | 37.96% |
| 2012-12-31 | 87.33% |
| 2012-09-30 | 115.86% |
| 2012-03-31 | 46.34% |
| 2011-12-31 | 41.81% |
| 2011-09-30 | 40.11% |
| 2011-06-30 | 39.85% |
| 2011-03-31 | 41.46% |
