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 -12.33% is 173% below its 5-year average of 16.80%, around the middle of its 5-year range (-129.75%–44.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 174.77% below its 12-month average of 16.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-12.33%
TAX RATE AVG TTM
16.49%
TAX RATE AVG 3Y
18.46%
TAX RATE AVG 5Y
16.80%
TAX RATE AVG 10Y
17.45%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-174.77%
CURRENT VS 3Y AVG
-166.80%
CURRENT VS 5Y AVG
-173.39%
CURRENT VS 10Y AVG
-170.68%
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 |
|---|---|
| 2026-06-30 | -12.33% |
| 2026-03-31 | 7.87% |
| 2025-12-31 | 44.53% |
| 2025-09-30 | 17.60% |
| 2025-06-30 | 24.79% |
| 2025-03-31 | 26.89% |
| 2024-12-31 | 27.80% |
| 2024-09-30 | 16.78% |
| 2024-06-30 | 17.56% |
| 2024-03-31 | 17.17% |
| 2023-12-31 | -129.75% |
| 2023-09-30 | 13.95% |
| 2023-06-30 | 14.18% |
| 2023-03-31 | 9.18% |
| 2022-12-31 | -66.34% |
| 2022-09-30 | -23.83% |
| 2022-06-30 | 16.02% |
| 2022-03-31 | 16.41% |
| 2021-12-31 | 9.34% |
| 2021-09-30 | 16.50% |
| 2021-06-30 | -8.01% |
| 2021-03-31 | 14.78% |
| 2020-12-31 | 2.80% |
| 2020-09-30 | 22.57% |
| 2020-06-30 | -42.61% |
| 2020-03-31 | 17.04% |
| 2019-12-31 | 29.78% |
| 2019-09-30 | 18.37% |
| 2019-06-30 | 27.40% |
| 2019-03-31 | 18.54% |
| 2018-12-31 | 22.03% |
| 2018-09-30 | 27.11% |
| 2018-06-30 | 15.59% |
| 2018-03-31 | 0.71% |
| 2017-12-31 | -77.53% |
| 2017-09-30 | 13.43% |
| 2017-06-30 | 14.98% |
| 2017-03-31 | 18.49% |
| 2016-12-31 | 19.48% |
| 2016-09-30 | 21.31% |
| 2016-06-30 | 19.30% |
| 2016-03-31 | 21.90% |
| 2015-12-31 | 10.44% |
| 2015-09-30 | 19.64% |
| 2015-06-30 | 32.52% |
| 2015-03-31 | 50.05% |
| 2014-06-30 | 25.57% |
| 2014-03-31 | 25.71% |
| 2013-12-31 | 26.11% |
| 2013-09-30 | 28.44% |
| 2013-06-30 | 24.40% |
| 2013-03-31 | 32.83% |
| 2012-12-31 | 21.23% |
