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 0.18% is 74% above its 5-year average of 0.11%, near the low end of its 5-year range (0.00%–0.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.94% above its 12-month average of 0.17%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
0.18%
TAX RATE AVG TTM
0.17%
TAX RATE AVG 3Y
0.13%
TAX RATE AVG 5Y
0.11%
TAX RATE AVG 10Y
0.10%
TAX RATE AVG 15Y
0.14%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+10.94%
CURRENT VS 3Y AVG
+36.43%
CURRENT VS 5Y AVG
+74.23%
CURRENT VS 10Y AVG
+86.89%
CURRENT VS 15Y AVG
+32.77%
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 |
|---|---|
| 2026-06-30 | 0.18% |
| 2026-03-31 | 0.11% |
| 2025-12-31 | 0.25% |
| 2025-09-30 | 0.19% |
| 2025-06-30 | 0.09% |
| 2025-03-31 | 0.09% |
| 2024-12-31 | 0.45% |
| 2024-09-30 | 0.19% |
| 2024-06-30 | 0.17% |
| 2024-03-31 | 0.10% |
| 2023-12-31 | 0.78% |
| 2023-09-30 | 0.11% |
| 2023-06-30 | 0.00% |
| 2023-03-31 | 0.10% |
| 2022-12-31 | 0.24% |
| 2022-09-30 | 0.07% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 0.60% |
| 2021-12-31 | 0.00% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.13% |
| 2020-12-31 | 0.14% |
| 2020-09-30 | 0.15% |
| 2020-06-30 | 0.00% |
| 2019-09-30 | 0.58% |
| 2019-06-30 | -0.20% |
| 2019-03-31 | -0.20% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.58% |
| 2018-06-30 | 0.22% |
| 2018-03-31 | 0.94% |
| 2017-12-31 | -0.84% |
| 2017-09-30 | 0.46% |
| 2017-06-30 | 1.04% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | -66.67% |
| 2015-12-31 | 9.50% |
| 2015-09-30 | 0.24% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | -0.55% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.23% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | -1.94% |
| 2013-09-30 | 1.01% |
| 2013-06-30 | 0.29% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.47% |
| 2012-09-30 | -0.27% |
| 2012-06-30 | 0.33% |
| 2012-03-31 | 0.28% |
| 2011-12-31 | 0.40% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |