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 1.61% is 54% below its 5-year average of 3.50%, near the low end of its 5-year range (0.00%–135.13%).
As of the fiscal period ended Wednesday, December 31, 2025. 37.65% below its 12-month average of 2.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2025-12-31): 1.61%.
TAX RATE
1.61%
TAX RATE AVG TTM
2.57%
TAX RATE AVG 3Y
4.54%
TAX RATE AVG 5Y
3.50%
TAX RATE AVG 10Y
-7.74%
TAX RATE AVG 15Y
-7.67%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-37.65%
CURRENT VS 3Y AVG
-64.66%
CURRENT VS 5Y AVG
-54.18%
CURRENT VS 10Y AVG
+120.74%
CURRENT VS 15Y AVG
+120.92%
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 |
|---|---|
| 2025-12-31 | 1.61% |
| 2025-03-31 | 3.54% |
| 2024-09-30 | 3.25% |
| 2024-03-31 | 4.42% |
| 2023-09-30 | 4.42% |
| 2023-06-30 | 4.91% |
| 2022-12-31 | 9.65% |
| 2022-09-30 | 2.60% |
| 2022-03-31 | 135.13% |
| 2021-12-31 | 0.80% |
| 2021-09-30 | 0.00% |
| 2021-03-31 | 6.64% |
| 2020-12-31 | 0.19% |
| 2020-09-30 | 0.00% |
| 2019-12-31 | 0.34% |
| 2018-09-30 | -77.61% |
| 2018-06-30 | 42.15% |
| 2018-03-31 | -29.32% |
| 2017-12-31 | -22.19% |
| 2017-09-30 | -35.73% |
| 2017-06-30 | -27.98% |
| 2017-03-31 | -15.45% |
| 2016-12-31 | -11.26% |
| 2016-09-30 | -32.78% |
| 2016-06-30 | -28.66% |
| 2016-03-31 | -66.91% |
| 2015-09-30 | -793.22% |
| 2015-06-30 | -27.75% |
| 2014-12-31 | -6.23% |
| 2014-09-30 | -6.85% |
| 2014-06-30 | -7.48% |
| 2014-03-31 | 63.78% |
| 2013-12-31 | -13.23% |
| 2013-09-30 | -6.78% |
| 2013-06-30 | -8.01% |
| 2013-03-31 | -0.36% |
| 2012-12-31 | -3.81% |
| 2012-09-30 | -11.74% |
| 2012-06-30 | -0.01% |
