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 -64.48% is 418% below its 5-year average of 20.28%, near the low end of its 5-year range (-64.48%–29.90%).
As of the fiscal period ended Tuesday, June 30, 2026. 925.82% below its 12-month average of 7.81%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-64.48%
TAX RATE AVG TTM
7.81%
TAX RATE AVG 3Y
24.24%
TAX RATE AVG 5Y
24.60%
TAX RATE AVG 10Y
25.00%
TAX RATE AVG 15Y
27.46%
TAX RATE AVG 20Y
29.26%
CURRENT VS TTM AVG
-925.82%
CURRENT VS 3Y AVG
-365.98%
CURRENT VS 5Y AVG
-362.14%
CURRENT VS 10Y AVG
-357.93%
CURRENT VS 15Y AVG
-334.84%
CURRENT VS 20Y AVG
-320.37%
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 | -64.48% |
| 2026-03-31 | 22.60% |
| 2025-12-31 | 29.90% |
| 2025-09-30 | 26.35% |
| 2025-06-30 | 24.67% |
| 2025-03-31 | 23.24% |
| 2024-12-31 | 25.00% |
| 2024-09-30 | 24.34% |
| 2024-06-30 | 24.42% |
| 2024-03-31 | 23.69% |
| 2023-12-31 | 22.50% |
| 2023-09-30 | 24.38% |
| 2023-06-30 | 25.48% |
| 2023-03-31 | 25.75% |
| 2022-12-31 | 24.29% |
| 2022-09-30 | 24.88% |
| 2022-06-30 | 25.55% |
| 2022-03-31 | 25.00% |
| 2021-12-31 | 17.67% |
| 2021-09-30 | 24.57% |
| 2021-06-30 | 26.04% |
| 2021-03-31 | 27.22% |
| 2020-12-31 | 26.63% |
| 2020-09-30 | 26.74% |
| 2020-06-30 | 24.93% |
| 2020-03-31 | 25.47% |
| 2019-12-31 | 21.58% |
| 2019-09-30 | 20.04% |
| 2019-06-30 | 28.78% |
| 2019-03-31 | 127.59% |
| 2018-12-31 | 39.36% |
| 2018-09-30 | 16.16% |
| 2018-06-30 | 11.20% |
| 2018-03-31 | 23.00% |
| 2017-12-31 | 33.47% |
| 2017-09-30 | 15.70% |
| 2017-07-01 | 25.40% |
| 2017-03-31 | 27.61% |
| 2016-12-31 | -40.13% |
| 2016-09-30 | 28.46% |
| 2016-06-30 | 28.80% |
| 2016-03-31 | 31.50% |
| 2015-12-31 | 31.87% |
| 2015-09-30 | 31.50% |
| 2015-06-30 | 32.30% |
| 2015-03-31 | 31.92% |
| 2014-12-31 | 29.36% |
| 2014-09-30 | 31.30% |
| 2014-06-30 | 30.72% |
| 2014-03-31 | 31.73% |
| 2013-12-31 | 31.15% |
| 2013-09-30 | 29.16% |
| 2013-06-30 | 31.95% |
| 2013-03-31 | 30.02% |
| 2012-12-31 | 33.32% |
| 2012-09-30 | 31.81% |
| 2012-06-30 | 33.68% |
| 2012-03-31 | 34.35% |
| 2011-12-31 | 33.76% |
| 2011-09-30 | 33.58% |
| 2011-06-30 | 30.34% |
| 2011-03-31 | 35.15% |
| 2010-12-31 | 35.18% |
| 2010-09-30 | 33.38% |
| 2010-06-30 | 33.09% |
| 2010-03-31 | 34.76% |
| 2009-12-31 | 33.91% |
| 2009-09-30 | 35.60% |
| 2009-06-30 | 6.75% |
| 2009-03-31 | 36.20% |
| 2008-12-31 | 35.10% |
| 2008-09-30 | 34.20% |
| 2008-06-30 | 37.40% |
| 2008-03-31 | 37.50% |
| 2007-12-31 | 35.33% |
| 2007-09-30 | 38.38% |
| 2007-06-30 | 35.48% |
| 2007-03-31 | 37.17% |
| 2006-12-31 | 25.36% |
| 2006-09-30 | 30.51% |
| 2006-06-30 | 34.98% |
| 2006-03-31 | 36.24% |
| 2005-12-31 | 34.67% |
| 2005-09-30 | 34.88% |
| 2005-06-30 | 36.30% |
| 2005-03-31 | 36.55% |
| 2004-12-31 | 36.50% |
| 2004-09-30 | -31.68% |
| 2004-06-30 | 36.50% |
| 2004-03-31 | 36.50% |
| 2003-12-31 | 36.50% |
| 2003-09-30 | 36.50% |
| 2003-06-30 | 36.50% |
| 2003-03-31 | 36.50% |
| 2002-12-31 | 23.33% |
| 2002-09-30 | 34.99% |
