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 8.62% is 85% below its 5-year average of 55.82%, near the low end of its 5-year range (-1.16%–373.74%).
As of the fiscal period ended Tuesday, March 31, 2026. 60.83% below its 12-month average of 22.01%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2026 (2026-03-31): 8.62%.
TAX RATE
8.62%
TAX RATE AVG TTM
22.01%
TAX RATE AVG 3Y
73.59%
TAX RATE AVG 5Y
55.82%
TAX RATE AVG 10Y
8.54%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-60.83%
CURRENT VS 3Y AVG
-88.29%
CURRENT VS 5Y AVG
-84.56%
CURRENT VS 10Y AVG
+0.99%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 8.62% |
| 2025-09-30 | 27.99% |
| 2025-06-30 | 29.41% |
| 2024-09-30 | -1.16% |
| 2024-06-30 | 2.95% |
| 2023-09-30 | 373.74% |
| 2022-06-30 | 12.61% |
| 2021-09-30 | 21.74% |
| 2021-06-30 | 26.47% |
| 2020-03-31 | -39.47% |
| 2019-09-30 | 36.84% |
| 2019-06-30 | 16.13% |
| 2018-12-31 | -19.05% |
| 2018-09-30 | -41.38% |
| 2018-06-30 | 175.00% |
| 2017-09-30 | 46.34% |
| 2016-06-30 | 0.00% |
| 2015-09-30 | -41.43% |
| 2015-06-30 | -26.12% |
| 2015-03-31 | -81.90% |
| 2014-09-30 | -42.00% |
| 2014-06-30 | -41.44% |
| 2013-09-30 | -44.76% |
| 2013-06-30 | -39.69% |
| 2013-03-31 | 4.66% |
