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 -17.52% is 119% below its 4-year average of 93.24%, near the low end of its 4-year range (-29.66%–982.35%).
As of the fiscal period ended Tuesday, March 31, 2026. 105.29% below its 12-month average of 331.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-17.52%
TAX RATE AVG TTM
331.27%
TAX RATE AVG 3Y
116.42%
TAX RATE AVG 5Y
12.42%
TAX RATE AVG 10Y
32.23%
TAX RATE AVG 15Y
29.93%
TAX RATE AVG 20Y
30.30%
CURRENT VS TTM AVG
-105.29%
CURRENT VS 3Y AVG
-115.05%
CURRENT VS 5Y AVG
-241.12%
CURRENT VS 10Y AVG
-154.36%
CURRENT VS 15Y AVG
-158.54%
CURRENT VS 20Y AVG
-157.83%
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 | -17.52% |
| 2025-09-30 | 28.97% |
| 2025-06-30 | 982.35% |
| 2024-12-31 | 2.73% |
| 2024-09-30 | 32.19% |
| 2024-06-30 | -29.66% |
| 2024-03-31 | -6.11% |
| 2023-09-30 | 27.25% |
| 2023-03-31 | 27.59% |
| 2022-09-30 | 24.53% |
| 2022-03-31 | 25.97% |
| 2021-09-30 | 20.62% |
| 2020-12-31 | 28.65% |
| 2020-06-30 | 100.00% |
| 2020-03-31 | 27.99% |
| 2019-09-30 | 30.37% |
| 2019-06-30 | 46.34% |
| 2019-03-31 | 33.05% |
| 2018-12-31 | 56.21% |
| 2018-09-30 | 43.20% |
| 2018-06-30 | 37.08% |
| 2018-03-31 | 22.89% |
| 2017-12-31 | 590.16% |
| 2017-09-30 | 28.35% |
| 2017-06-30 | 37.72% |
| 2017-03-31 | 41.88% |
| 2016-09-30 | 25.51% |
| 2016-06-30 | -2.92% |
| 2016-03-31 | 60.00% |
| 2015-09-30 | 14.63% |
| 2015-06-30 | 31.06% |
| 2015-03-31 | 28.66% |
| 2014-12-31 | 26.73% |
| 2014-09-30 | 15.18% |
| 2014-06-30 | 37.56% |
| 2014-03-31 | 45.76% |
| 2013-09-30 | 28.00% |
| 2013-06-30 | 18.67% |
| 2013-03-31 | 26.77% |
| 2012-12-31 | 31.98% |
| 2012-06-30 | 37.31% |
| 2012-03-31 | 34.85% |
| 2011-12-31 | 25.30% |
| 2011-09-30 | 25.56% |
| 2011-06-30 | 28.34% |
| 2011-03-31 | 30.94% |
| 2010-09-30 | 27.95% |
| 2010-06-30 | 46.94% |
| 2010-03-31 | 33.57% |
| 2009-12-31 | 24.73% |
| 2009-09-30 | 33.89% |
| 2009-06-30 | 18.82% |
| 2009-03-31 | 26.81% |
| 2008-12-31 | 6.59% |
| 2008-09-30 | 31.52% |
| 2008-06-30 | 21.83% |
| 2008-03-31 | 38.30% |
| 2007-12-31 | 15.82% |
| 2007-09-30 | 62.90% |
| 2007-06-30 | 49.02% |
| 2007-03-31 | 60.76% |
| 2006-12-31 | 31.13% |
| 2006-06-30 | 31.32% |
| 2006-03-31 | 36.05% |
| 2005-12-31 | 34.19% |
| 2005-09-30 | 44.70% |
| 2005-06-30 | 47.90% |
| 2005-03-31 | 54.24% |
| 2004-12-31 | 34.29% |
| 2004-09-30 | 59.81% |
| 2004-06-30 | 14.17% |
| 2004-03-31 | 46.38% |
| 2003-12-31 | 42.58% |
| 2003-09-30 | 34.74% |
| 2003-06-30 | 34.34% |
| 2003-03-31 | 28.02% |
