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 -24.00% is 268% below its 5-year average of 14.32%, near the low end of its 5-year range (-24.00%–37.73%).
As of the fiscal period ended Wednesday, December 31, 2025. 257.32% below its 12-month average of 15.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-24.00%
TAX RATE AVG TTM
15.25%
TAX RATE AVG 3Y
17.09%
TAX RATE AVG 5Y
13.91%
TAX RATE AVG 10Y
16.20%
TAX RATE AVG 15Y
20.33%
TAX RATE AVG 20Y
23.32%
CURRENT VS TTM AVG
-257.32%
CURRENT VS 3Y AVG
-240.43%
CURRENT VS 5Y AVG
-272.51%
CURRENT VS 10Y AVG
-248.18%
CURRENT VS 15Y AVG
-218.04%
CURRENT VS 20Y AVG
-202.88%
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 |
|---|---|
| 2025-12-31 | -24.00% |
| 2025-09-30 | 29.63% |
| 2025-06-30 | 35.81% |
| 2025-03-31 | 15.80% |
| 2024-12-31 | 19.02% |
| 2024-09-30 | 16.46% |
| 2024-06-30 | 17.04% |
| 2024-03-31 | 5.66% |
| 2023-12-31 | 2.43% |
| 2023-09-30 | 13.53% |
| 2023-06-30 | 37.73% |
| 2022-12-31 | 15.50% |
| 2022-09-30 | 4.53% |
| 2022-03-31 | 17.30% |
| 2021-12-31 | 14.70% |
| 2021-09-30 | 14.09% |
| 2021-06-30 | 18.56% |
| 2021-03-31 | 9.44% |
| 2020-12-31 | 8.87% |
| 2020-09-30 | 15.69% |
| 2020-06-30 | 2.08% |
| 2020-03-31 | 9.33% |
| 2019-12-31 | 16.40% |
| 2019-09-30 | -18.65% |
| 2019-06-30 | 19.87% |
| 2019-03-31 | 16.84% |
| 2018-12-31 | 27.15% |
| 2018-09-30 | -3.38% |
| 2018-06-30 | 19.13% |
| 2018-03-31 | 20.18% |
| 2017-12-31 | -131.71% |
| 2017-09-30 | 11.71% |
| 2017-06-30 | 15.10% |
| 2017-03-31 | 18.87% |
| 2016-11-30 | 5.05% |
| 2016-08-31 | 36.78% |
| 2016-05-31 | -40.48% |
| 2016-02-29 | 23.73% |
| 2015-11-30 | 24.70% |
| 2015-08-31 | 25.96% |
| 2015-05-31 | 26.41% |
| 2015-02-28 | 24.94% |
| 2014-11-30 | 25.81% |
| 2014-08-31 | 26.31% |
| 2014-05-31 | 28.56% |
| 2014-02-28 | 28.24% |
| 2013-11-30 | 26.85% |
| 2013-08-31 | 30.27% |
| 2013-05-31 | 28.61% |
| 2013-02-28 | 27.17% |
| 2012-11-30 | 27.64% |
| 2012-08-31 | 31.38% |
| 2012-05-31 | -37.90% |
| 2012-02-29 | 27.83% |
| 2011-11-30 | 27.47% |
| 2011-08-31 | 32.65% |
| 2011-05-31 | 28.27% |
| 2011-02-28 | 27.76% |
| 2010-11-30 | 29.60% |
| 2010-08-31 | 31.70% |
| 2010-05-31 | 26.08% |
| 2010-02-28 | 28.58% |
| 2009-11-30 | 27.84% |
| 2009-08-31 | 29.77% |
| 2009-05-31 | 30.68% |
| 2009-02-28 | 30.26% |
| 2008-11-30 | 26.68% |
| 2008-08-31 | 30.00% |
| 2008-05-31 | 39.27% |
| 2008-02-29 | 30.83% |
| 2007-11-30 | 33.96% |
| 2007-08-31 | 34.22% |
| 2007-05-31 | 33.03% |
| 2007-02-28 | 32.04% |
| 2006-11-30 | 32.59% |
| 2006-08-31 | 32.19% |
| 2006-05-31 | 31.85% |
| 2006-02-28 | 34.10% |
| 2005-11-30 | 34.10% |
| 2005-08-31 | 34.10% |
| 2005-05-31 | 28.78% |
| 2005-02-28 | 35.28% |
| 2004-11-30 | 35.24% |
| 2004-08-31 | 35.32% |
| 2004-05-31 | 37.40% |
| 2004-02-29 | 37.40% |
| 2003-11-30 | 37.40% |
| 2003-08-31 | 37.40% |
| 2003-05-31 | 37.40% |
| 2003-02-28 | 37.40% |
| 2002-11-30 | 37.40% |
| 2002-08-31 | 37.40% |
| 2002-05-31 | 38.19% |
