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 -0.23% is 141% below its 5-year average of 0.55%, near the low end of its 5-year range (-3.30%–38.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 219.73% below its 12-month average of 0.19%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-30): -0.23%.
TAX RATE
-0.23%
TAX RATE AVG TTM
0.19%
TAX RATE AVG 3Y
1.25%
TAX RATE AVG 5Y
0.55%
TAX RATE AVG 10Y
0.37%
TAX RATE AVG 15Y
0.42%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-219.73%
CURRENT VS 3Y AVG
-118.37%
CURRENT VS 5Y AVG
-141.44%
CURRENT VS 10Y AVG
-162.49%
CURRENT VS 15Y AVG
-155.07%
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 |
|---|---|
| 2026-06-30 | -0.23% |
| 2025-09-30 | 0.44% |
| 2025-06-30 | 0.37% |
| 2025-03-31 | 0.01% |
| 2024-12-31 | 0.78% |
| 2024-09-30 | 4.61% |
| 2024-06-30 | 1.04% |
| 2024-03-31 | 2.22% |
| 2023-12-31 | 4.93% |
| 2023-09-30 | -3.30% |
| 2023-06-30 | 2.84% |
| 2023-03-31 | 0.50% |
| 2022-12-31 | 38.23% |
| 2022-09-30 | -0.58% |
| 2022-06-30 | 0.45% |
| 2022-03-31 | 0.26% |
| 2021-12-31 | 0.19% |
| 2021-09-30 | -0.04% |
| 2021-06-30 | 0.03% |
| 2021-03-31 | 0.22% |
| 2020-12-31 | -0.49% |
| 2020-09-30 | -0.15% |
| 2020-06-30 | 0.48% |
| 2019-12-31 | 0.50% |
| 2019-09-30 | -1.21% |
| 2019-06-30 | 1.11% |
| 2019-03-31 | -0.21% |
| 2018-09-30 | 0.84% |
| 2018-06-30 | 4.58% |
| 2018-03-31 | -0.28% |
| 2017-12-31 | 2.18% |
| 2017-09-30 | 1.98% |
| 2017-06-30 | -0.03% |
| 2017-03-31 | -2.27% |
| 2016-12-31 | 0.63% |
| 2016-09-30 | 0.04% |
| 2016-06-30 | -0.08% |
| 2016-03-31 | -9.27% |
| 2015-09-30 | 4.00% |
| 2015-06-30 | 1.40% |
| 2015-03-31 | 2.76% |
| 2014-09-30 | 1.53% |
| 2014-06-30 | 1.61% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-06-30 | 68.77% |
| 2010-03-31 | 0.00% |
| 2009-06-30 | -872.74% |
| 2009-03-31 | -949.78% |