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 -43.46% is 262% below its 5-year average of 26.85%, near the low end of its 5-year range (-43.46%–32.59%).
As of the fiscal period ended Friday, July 31, 2026. 545.77% below its 12-month average of 9.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2027 (2026-07-31): -43.46%.
TAX RATE
-43.46%
TAX RATE AVG TTM
9.75%
TAX RATE AVG 3Y
28.76%
TAX RATE AVG 5Y
26.85%
TAX RATE AVG 10Y
26.16%
TAX RATE AVG 15Y
29.71%
TAX RATE AVG 20Y
31.26%
CURRENT VS TTM AVG
-545.77%
CURRENT VS 3Y AVG
-251.12%
CURRENT VS 5Y AVG
-261.84%
CURRENT VS 10Y AVG
-266.09%
CURRENT VS 15Y AVG
-246.26%
CURRENT VS 20Y AVG
-239.00%
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 |
|---|---|
| 2026-07-31 | -43.46% |
| 2026-04-30 | 22.28% |
| 2025-10-31 | 28.98% |
| 2025-07-31 | 31.19% |
| 2025-04-30 | 32.40% |
| 2025-01-31 | 27.67% |
| 2024-10-31 | 28.68% |
| 2024-07-31 | 28.09% |
| 2024-04-30 | 29.34% |
| 2024-01-31 | 26.73% |
| 2023-10-31 | 27.68% |
| 2023-07-31 | 26.82% |
| 2023-04-30 | 23.13% |
| 2022-10-31 | 22.36% |
| 2022-07-31 | 26.45% |
| 2022-04-30 | 22.71% |
| 2022-01-31 | 18.85% |
| 2021-10-31 | 27.41% |
| 2021-07-31 | 32.59% |
| 2021-04-30 | 28.00% |
| 2021-01-31 | 20.83% |
| 2020-10-31 | 31.04% |
| 2020-01-31 | -19.88% |
| 2019-10-31 | 27.20% |
| 2019-07-31 | 27.75% |
| 2019-04-30 | 17.47% |
| 2019-01-31 | 19.64% |
| 2018-10-31 | 26.47% |
| 2018-07-31 | 22.43% |
| 2018-04-30 | 23.99% |
| 2018-01-31 | 104.54% |
| 2017-10-31 | 26.47% |
| 2017-07-31 | 22.43% |
| 2017-04-30 | 23.99% |
| 2017-01-31 | 104.54% |
| 2016-10-31 | 36.20% |
| 2015-10-31 | 37.00% |
| 2015-04-30 | 37.00% |
| 2015-01-31 | 34.48% |
| 2014-10-31 | 35.27% |
| 2014-07-31 | 38.01% |
| 2014-04-30 | 38.02% |
| 2014-01-31 | 34.81% |
| 2013-10-31 | 38.00% |
| 2013-07-31 | 37.99% |
| 2013-04-30 | 38.00% |
| 2013-01-31 | 41.51% |
| 2012-10-31 | 38.00% |
| 2012-07-31 | 38.03% |
| 2012-01-31 | 25.29% |
| 2011-10-31 | 38.49% |
| 2011-07-31 | 38.99% |
| 2011-01-31 | 37.08% |
| 2010-10-31 | 39.48% |
| 2010-07-31 | 40.01% |
| 2010-01-31 | 27.05% |
| 2009-10-31 | 42.00% |
| 2008-10-31 | 41.37% |
| 2008-01-31 | 4.99% |
| 2007-10-31 | 41.50% |
| 2007-01-31 | 47.14% |
| 2006-10-31 | 40.26% |
| 2005-12-31 | 42.00% |
| 2004-10-31 | 43.00% |
| 2003-10-31 | 43.02% |
| 2003-07-31 | 41.00% |
| 2002-10-31 | 39.00% |
| 2002-07-31 | 40.25% |
