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 -2.75% is 119% below its 5-year average of 14.89%, near the low end of its 5-year range (-2.75%–112.45%).
As of the fiscal period ended Sunday, August 2, 2026. 124.45% below its 12-month average of 11.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2027 (2026-08-02): -2.75%.
TAX RATE
-2.75%
TAX RATE AVG TTM
11.27%
TAX RATE AVG 3Y
13.39%
TAX RATE AVG 5Y
14.89%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-124.45%
CURRENT VS 3Y AVG
-120.58%
CURRENT VS 5Y AVG
-118.50%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
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 |
|---|---|
| 2026-08-02 | -2.75% |
| 2026-05-03 | 28.91% |
| 2026-02-01 | 6.76% |
| 2025-11-02 | 16.59% |
| 2025-08-03 | 6.83% |
| 2025-02-02 | 21.94% |
| 2024-11-03 | 17.18% |
| 2024-08-04 | 19.50% |
| 2024-01-31 | 7.57% |
| 2023-11-05 | 11.34% |
| 2023-01-31 | 8.39% |
| 2022-11-06 | 112.45% |
| 2022-08-07 | 26.93% |
| 2022-01-31 | 24.37% |