Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 1.81% is 91% below its 4-year average of 21.28%, near the low end of its 4-year range (-7.88%–90.78%).
As of the fiscal period ended Tuesday, March 31, 2026. 159.64% above its 12-month average of -3.04%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2026-03-31.
TAX RATE
1.81%
TAX RATE AVG TTM
-3.04%
TAX RATE AVG 3Y
23.95%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+159.64%
CURRENT VS 3Y AVG
-92.44%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
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 | 1.81% |
| 2025-03-31 | -7.88% |
| 2024-03-31 | 90.78% |
| 2023-03-31 | 11.10% |
| 2022-03-31 | 10.58% |