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 2.54% is 615% above its 4-year average of 0.35%, around the middle of its 4-year range (-3.21%–5.10%).
As of the fiscal period ended Tuesday, March 31, 2026. 749.93% above its 12-month average of -0.39%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
2.54%
TAX RATE AVG TTM
-0.39%
TAX RATE AVG 3Y
0.48%
TAX RATE AVG 5Y
0.35%
TAX RATE AVG 10Y
0.33%
TAX RATE AVG 15Y
1.77%
TAX RATE AVG 20Y
3.55%
CURRENT VS TTM AVG
+749.93%
CURRENT VS 3Y AVG
+432.16%
CURRENT VS 5Y AVG
+615.07%
CURRENT VS 10Y AVG
+665.86%
CURRENT VS 15Y AVG
+43.42%
CURRENT VS 20Y AVG
-28.44%
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 | 2.54% |
| 2025-12-31 | -0.58% |
| 2025-09-30 | -2.60% |
| 2025-06-30 | -0.69% |
| 2025-03-31 | -0.62% |
| 2024-12-31 | 3.16% |
| 2024-09-30 | -1.00% |
| 2024-06-30 | 3.30% |
| 2024-03-31 | -1.95% |
| 2023-12-31 | 1.43% |
| 2023-09-30 | -3.21% |
| 2023-06-30 | 5.10% |
| 2023-03-31 | 1.33% |
| 2022-12-31 | 0.61% |
| 2022-09-30 | 1.83% |
| 2022-06-30 | -2.96% |
| 2020-06-30 | -17.46% |
| 2020-03-31 | 0.62% |
| 2019-12-31 | 18.60% |
| 2019-03-31 | 157.87% |
| 2018-12-31 | 0.00% |
| 2017-03-31 | 218.67% |
| 2016-12-31 | 97.81% |
| 2016-06-30 | 36.76% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 5.55% |
| 2015-09-30 | 8.57% |
| 2015-06-30 | -1.30% |
| 2015-03-31 | 3.38% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2012-06-30 | 320.49% |
| 2012-03-31 | 35.49% |
| 2011-12-31 | 113.07% |
| 2011-03-31 | 11.99% |
| 2010-12-31 | -12.34% |
| 2010-09-30 | 541.93% |
| 2010-06-30 | 223.62% |
| 2010-03-31 | 60.00% |
| 2009-12-31 | -9.72% |
| 2009-06-30 | -17.53% |
| 2009-03-31 | 4.67% |
| 2008-12-31 | 104.76% |
| 2008-09-30 | 19.78% |
| 2008-06-30 | -8.09% |
| 2008-03-31 | 24.58% |
| 2007-12-31 | -0.97% |
| 2007-09-30 | 31.67% |
| 2007-06-30 | 12.61% |