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 -0.94% is 101% below its 5-year average of 112.42%, near the low end of its 5-year range (-0.94%–660.00%).
As of the fiscal period ended Tuesday, March 31, 2026. 140.57% below its 12-month average of -0.39%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-0.94%
TAX RATE AVG TTM
-0.39%
TAX RATE AVG 3Y
8.15%
TAX RATE AVG 5Y
112.42%
TAX RATE AVG 10Y
36.07%
TAX RATE AVG 15Y
29.06%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-140.57%
CURRENT VS 3Y AVG
-111.57%
CURRENT VS 5Y AVG
-100.84%
CURRENT VS 10Y AVG
-102.61%
CURRENT VS 15Y AVG
-103.24%
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 | -0.94% |
| 2025-06-30 | 0.16% |
| 2023-03-31 | 25.23% |
| 2022-12-31 | 57.81% |
| 2022-09-30 | 13.02% |
| 2022-06-30 | 31.66% |
| 2021-03-31 | 660.00% |
| 2020-12-31 | 102.46% |
| 2020-09-30 | 14.10% |
| 2020-03-31 | 40.47% |
| 2019-12-31 | 91.61% |
| 2019-09-30 | 43.28% |
| 2019-06-30 | 47.03% |
| 2019-03-31 | 46.43% |
| 2018-12-31 | 33.16% |
| 2018-09-30 | 33.57% |
| 2018-06-30 | 6.35% |
| 2018-03-31 | 42.98% |
| 2017-12-31 | 35.15% |
| 2017-09-30 | 50.61% |
| 2017-06-30 | 28.27% |
| 2017-03-31 | 48.84% |
| 2016-12-31 | 52.00% |
| 2016-09-30 | 33.72% |
| 2016-06-30 | 33.87% |
| 2016-03-31 | 40.01% |
| 2015-12-31 | 34.52% |
| 2015-09-30 | 24.60% |
| 2015-06-30 | 44.71% |
| 2015-03-31 | 24.12% |
| 2014-12-31 | 23.59% |
| 2014-09-30 | 24.49% |
| 2014-06-30 | 33.33% |
| 2014-03-31 | 33.33% |
| 2013-12-31 | 25.00% |
| 2013-09-30 | 16.67% |
| 2013-06-30 | 33.33% |
| 2013-03-31 | 33.33% |
| 2012-12-31 | 25.00% |
| 2012-09-30 | 33.33% |
| 2012-06-30 | 50.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 33.33% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
