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 -36.97% is 18% below its 5-year average of -31.38%, near the high end of its 5-year range (-345.31%–26.84%).
As of the fiscal period ended Tuesday, March 31, 2026. 158.56% below its 12-month average of -14.30%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-36.97%
TAX RATE AVG TTM
-14.30%
TAX RATE AVG 3Y
-40.51%
TAX RATE AVG 5Y
-5.22%
TAX RATE AVG 10Y
-8.38%
TAX RATE AVG 15Y
-5.33%
TAX RATE AVG 20Y
-4.39%
CURRENT VS TTM AVG
-158.56%
CURRENT VS 3Y AVG
+8.74%
CURRENT VS 5Y AVG
-608.82%
CURRENT VS 10Y AVG
-341.26%
CURRENT VS 15Y AVG
-594.02%
CURRENT VS 20Y AVG
-741.72%
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 | -36.97% |
| 2025-12-31 | -1.56% |
| 2025-09-30 | -10.17% |
| 2025-06-30 | 5.14% |
| 2025-03-31 | -27.93% |
| 2024-12-31 | -345.31% |
| 2024-09-30 | 12.51% |
| 2024-06-30 | 26.84% |
| 2023-06-30 | -10.26% |
| 2023-03-31 | -17.39% |
| 2022-03-31 | -12.44% |
| 2021-09-30 | 5.68% |
| 2021-06-30 | 3.96% |
| 2020-12-31 | -0.61% |
| 2020-09-30 | -30.31% |
| 2020-03-31 | -45.75% |
| 2019-12-31 | 5.11% |
| 2019-09-30 | 2.25% |
| 2019-06-30 | -37.47% |
| 2019-03-31 | -1.00% |
| 2018-12-31 | -82.68% |
| 2018-09-30 | -7.64% |
| 2018-06-30 | -0.55% |
| 2018-03-31 | -4.22% |
| 2017-12-31 | -35.32% |
| 2017-09-30 | -5.24% |
| 2017-06-30 | -1.44% |
| 2017-03-31 | -2.06% |
| 2016-12-31 | -2.03% |
| 2016-09-30 | -6.02% |
| 2016-06-30 | -9.14% |
| 2016-03-31 | -7.33% |
| 2015-12-31 | -10.34% |
| 2015-09-30 | -30.97% |
| 2015-06-30 | -7.36% |
| 2015-03-31 | -6.76% |
| 2014-12-31 | -14.56% |
| 2014-09-30 | -1.81% |
| 2014-06-30 | 2.51% |
| 2014-03-31 | 2.84% |
| 2013-12-31 | 1.16% |
| 2013-09-30 | -2.23% |
| 2013-06-30 | -10.01% |
| 2013-03-31 | 1.45% |
| 2012-12-31 | -3.77% |
| 2012-09-30 | -9.95% |
| 2012-06-30 | -14.17% |
| 2012-03-31 | 19.29% |
| 2011-12-31 | -4.28% |
| 2011-09-30 | -15.79% |
| 2011-06-30 | -45.63% |
| 2011-03-31 | -6.97% |
| 2010-12-31 | 4.71% |
| 2010-09-30 | 2.74% |
| 2010-06-30 | 0.76% |
| 2010-03-31 | 0.54% |
| 2009-12-31 | -0.68% |
| 2009-09-30 | -0.82% |
| 2009-06-30 | -0.85% |
| 2009-03-31 | 1.19% |
| 2008-12-31 | -4.03% |
| 2008-09-30 | -0.64% |
| 2008-06-30 | -9.22% |
| 2008-03-31 | -46.61% |
| 2007-12-31 | -76.09% |
| 2007-09-30 | -49.22% |
| 2007-06-30 | -14.05% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 69.41% |
| 2006-09-30 | 102.81% |
| 2006-06-30 | 121.65% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 68.95% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.64% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 45.61% |
| 2004-09-30 | 5.74% |
| 2004-06-30 | 3.54% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | -3.94% |
| 2003-06-30 | 200.71% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 16.25% |
| 2002-09-30 | -14.77% |
| 2002-06-30 | -151.21% |
