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 -12.91% is 77% above its 5-year average of -57.00%, near the high end of its 5-year range (-446.67%–13.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.32% below its 12-month average of -12.74%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-12.91%
TAX RATE AVG TTM
-12.74%
TAX RATE AVG 3Y
-18.83%
TAX RATE AVG 5Y
-24.47%
TAX RATE AVG 10Y
-8.98%
TAX RATE AVG 15Y
5.95%
TAX RATE AVG 20Y
15.71%
CURRENT VS TTM AVG
-1.32%
CURRENT VS 3Y AVG
+31.43%
CURRENT VS 5Y AVG
+47.24%
CURRENT VS 10Y AVG
-43.79%
CURRENT VS 15Y AVG
-316.85%
CURRENT VS 20Y AVG
-182.17%
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 | -12.91% |
| 2026-03-31 | 2.21% |
| 2025-12-31 | -21.60% |
| 2025-09-30 | -34.92% |
| 2025-06-30 | 3.51% |
| 2025-03-31 | 5.79% |
| 2024-12-31 | -46.84% |
| 2024-09-30 | -22.41% |
| 2024-06-30 | 13.53% |
| 2024-03-31 | 5.04% |
| 2023-12-31 | -98.49% |
| 2023-06-30 | -446.67% |
| 2023-03-31 | -155.36% |
| 2022-09-30 | -26.80% |
| 2022-03-31 | -74.45% |
| 2021-12-31 | -49.69% |
| 2021-06-30 | -8.97% |
| 2021-03-31 | -392.00% |
| 2020-12-31 | -18.60% |
| 2020-03-31 | -10.65% |
| 2019-03-31 | -161.54% |
| 2018-09-30 | 2.58% |
| 2018-03-31 | 10.28% |
| 2017-12-31 | 47.79% |
| 2017-09-30 | 22.44% |
| 2017-06-30 | 24.63% |
| 2017-03-31 | 15.84% |
| 2016-12-31 | 18.69% |
| 2016-09-30 | 15.18% |
| 2016-06-30 | 5.41% |
| 2015-12-31 | -411.11% |
| 2015-09-30 | 17.77% |
| 2015-06-30 | 21.32% |
| 2014-12-31 | 20.59% |
| 2014-09-30 | 12.38% |
| 2014-06-30 | 27.73% |
| 2014-03-31 | 28.35% |
| 2013-12-31 | 22.52% |
| 2013-09-30 | -17.14% |
| 2013-06-30 | 31.55% |
| 2013-03-31 | 32.02% |
| 2012-09-30 | 21.55% |
| 2012-06-30 | 26.69% |
| 2012-03-31 | 30.59% |
| 2011-12-31 | 51.12% |
| 2011-09-30 | 19.44% |
| 2011-06-30 | 32.47% |
| 2011-03-31 | 38.04% |
| 2010-12-31 | 21.12% |
| 2010-09-30 | 29.08% |
| 2010-06-30 | 35.69% |
| 2010-03-31 | 41.48% |
| 2009-12-31 | 23.27% |
| 2009-09-30 | 29.76% |
| 2009-06-30 | 24.18% |
| 2009-03-31 | 32.03% |
| 2008-12-31 | 3.20% |
| 2008-09-30 | 34.90% |
| 2008-06-30 | 32.04% |
| 2008-03-31 | 32.64% |
| 2007-12-31 | 33.22% |
| 2007-09-30 | 35.20% |
| 2007-06-30 | 35.49% |
| 2007-03-31 | 35.19% |
| 2006-12-31 | 35.59% |
| 2006-09-30 | 34.61% |
| 2006-06-30 | 37.30% |
| 2006-03-31 | 36.69% |
| 2005-12-31 | 37.50% |
| 2005-09-30 | 36.77% |
| 2005-06-30 | 36.88% |
| 2005-03-31 | 39.44% |
| 2004-12-31 | 37.87% |
| 2004-09-30 | 38.21% |
| 2004-06-30 | 26.63% |
| 2004-03-31 | 40.63% |
| 2003-12-31 | 9.76% |
| 2003-09-30 | 39.60% |
| 2003-06-30 | 39.84% |
| 2002-09-30 | 38.43% |
