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 -4.29% is 121% below its 5-year average of 20.36%, near the low end of its 5-year range (-4.29%–24.13%).
As of the fiscal period ended Tuesday, March 31, 2026. 126.43% below its 12-month average of 16.23%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-4.29%
TAX RATE AVG TTM
16.23%
TAX RATE AVG 3Y
22.04%
TAX RATE AVG 5Y
22.01%
TAX RATE AVG 10Y
22.25%
TAX RATE AVG 15Y
25.96%
TAX RATE AVG 20Y
26.89%
CURRENT VS TTM AVG
-126.43%
CURRENT VS 3Y AVG
-119.46%
CURRENT VS 5Y AVG
-119.49%
CURRENT VS 10Y AVG
-119.28%
CURRENT VS 15Y AVG
-116.53%
CURRENT VS 20Y AVG
-115.96%
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 | -4.29% |
| 2025-12-31 | 21.00% |
| 2025-09-30 | 20.66% |
| 2025-06-30 | 22.33% |
| 2025-03-31 | 21.46% |
| 2024-12-31 | 24.13% |
| 2024-09-30 | 22.62% |
| 2024-06-30 | 23.15% |
| 2024-03-31 | 22.10% |
| 2023-12-31 | 13.65% |
| 2023-09-30 | 22.71% |
| 2023-06-30 | 22.15% |
| 2023-03-31 | 20.14% |
| 2022-12-31 | 21.62% |
| 2022-09-30 | 21.47% |
| 2022-06-30 | 21.87% |
| 2022-03-31 | 22.15% |
| 2021-12-31 | 21.44% |
| 2021-09-30 | 21.90% |
| 2021-06-30 | 22.61% |
| 2021-03-31 | 22.60% |
| 2020-12-31 | 22.23% |
| 2020-09-30 | 21.31% |
| 2020-06-30 | 19.73% |
| 2020-03-31 | 22.24% |
| 2019-12-31 | 22.75% |
| 2019-09-30 | 21.82% |
| 2019-06-30 | 23.91% |
| 2019-03-31 | 23.24% |
| 2018-12-31 | 23.17% |
| 2018-09-30 | 18.47% |
| 2018-06-30 | 22.23% |
| 2018-03-31 | 23.50% |
| 2017-12-31 | 2.50% |
| 2017-09-30 | 30.78% |
| 2017-06-30 | 30.80% |
| 2017-03-31 | 30.77% |
| 2016-12-31 | 31.06% |
| 2016-09-30 | 30.05% |
| 2016-06-30 | 25.52% |
| 2015-12-31 | 30.38% |
| 2015-09-30 | 30.95% |
| 2015-06-30 | 31.43% |
| 2015-03-31 | 32.63% |
| 2014-12-31 | 31.75% |
| 2014-09-30 | 32.77% |
| 2014-06-30 | 33.64% |
| 2014-03-31 | 32.62% |
| 2013-12-31 | 31.08% |
| 2013-09-30 | 29.68% |
| 2013-06-30 | 32.64% |
| 2013-03-31 | 29.98% |
| 2012-12-31 | 29.23% |
| 2012-09-30 | 32.37% |
| 2012-06-30 | 33.41% |
| 2012-03-31 | 31.67% |
| 2011-12-31 | 30.67% |
| 2011-09-30 | 28.65% |
| 2011-06-30 | 32.13% |
| 2011-03-31 | 32.48% |
| 2010-12-31 | 28.92% |
| 2010-09-30 | 32.18% |
| 2010-06-30 | 32.97% |
| 2010-03-31 | 28.85% |
| 2009-12-31 | 50.80% |
| 2009-09-30 | 22.62% |
| 2009-06-30 | 5.02% |
| 2009-03-31 | 28.14% |
| 2008-12-31 | 0.39% |
| 2008-09-30 | 30.24% |
| 2008-06-30 | 29.71% |
| 2008-03-31 | 31.00% |
| 2007-12-31 | 29.70% |
| 2007-09-30 | 28.89% |
| 2007-06-30 | 30.64% |
| 2007-03-31 | 32.01% |
| 2006-12-31 | 31.56% |
| 2006-09-30 | 29.24% |
| 2006-06-30 | 32.52% |
| 2006-03-31 | 31.70% |
| 2005-12-31 | 30.44% |
| 2005-09-30 | 33.01% |
| 2005-06-30 | 46.65% |
| 2005-03-31 | 34.15% |
| 2004-12-31 | 34.15% |
| 2004-09-30 | 31.55% |
| 2004-06-30 | 34.78% |
| 2004-03-31 | 34.60% |
| 2003-12-31 | 33.65% |
| 2003-09-30 | 34.50% |
| 2003-06-30 | 35.06% |
| 2003-03-31 | 35.69% |
| 2002-12-31 | 34.16% |
| 2002-09-30 | 36.97% |
| 2002-06-30 | 35.69% |
