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 -4.34% is 300% below its 5-year average of 2.17%, near the low end of its 5-year range (-4.34%–7.95%).
As of the fiscal period ended Tuesday, March 31, 2026. 1980.99% below its 12-month average of 0.23%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-4.34%
TAX RATE AVG TTM
0.23%
TAX RATE AVG 3Y
1.02%
TAX RATE AVG 5Y
2.17%
TAX RATE AVG 10Y
1.29%
TAX RATE AVG 15Y
1.18%
TAX RATE AVG 20Y
0.81%
CURRENT VS TTM AVG
-1980.99%
CURRENT VS 3Y AVG
-524.26%
CURRENT VS 5Y AVG
-299.88%
CURRENT VS 10Y AVG
-435.94%
CURRENT VS 15Y AVG
-466.85%
CURRENT VS 20Y AVG
-638.04%
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 | -4.34% |
| 2025-12-31 | -0.19% |
| 2025-09-30 | 2.14% |
| 2025-06-30 | 5.17% |
| 2025-03-31 | -1.62% |
| 2024-12-31 | -4.31% |
| 2024-09-30 | 0.47% |
| 2024-06-30 | 0.86% |
| 2024-03-31 | 5.36% |
| 2023-12-31 | 4.62% |
| 2023-09-30 | 5.97% |
| 2023-06-30 | 1.85% |
| 2023-03-31 | -2.66% |
| 2022-12-31 | 6.34% |
| 2022-09-30 | 1.31% |
| 2022-06-30 | 4.10% |
| 2022-03-31 | -0.29% |
| 2021-12-31 | 7.84% |
| 2021-09-30 | 7.95% |
| 2021-06-30 | 6.24% |
| 2021-03-31 | -1.17% |
| 2020-12-31 | -0.51% |
| 2020-09-30 | 1.62% |
| 2020-06-30 | -0.02% |
| 2020-03-31 | -1.16% |
| 2019-12-31 | 1.13% |
| 2019-09-30 | 0.98% |
| 2019-06-30 | 1.21% |
| 2019-03-31 | 1.57% |
| 2018-12-31 | 1.24% |
| 2018-09-30 | 1.55% |
| 2018-06-30 | 1.58% |
| 2018-03-31 | 0.86% |
| 2017-12-31 | 0.95% |
| 2017-09-30 | 2.39% |
| 2017-06-30 | 1.34% |
| 2017-03-31 | -0.64% |
| 2016-12-31 | 0.23% |
| 2016-09-30 | 1.06% |
| 2016-06-30 | 1.33% |
| 2016-03-31 | 2.62% |
| 2015-12-31 | 1.00% |
| 2015-09-30 | 0.74% |
| 2015-06-30 | 0.61% |
| 2015-03-31 | 1.00% |
| 2014-12-31 | 1.65% |
| 2014-09-30 | 2.17% |
| 2014-06-30 | 1.34% |
| 2014-03-31 | 1.87% |
| 2013-12-31 | 2.13% |
| 2013-09-30 | 2.29% |
| 2013-06-30 | 2.43% |
| 2013-03-31 | 3.79% |
| 2012-12-31 | 3.66% |
| 2012-09-30 | 1.26% |
| 2012-06-30 | 1.50% |
| 2012-03-31 | 0.26% |
| 2011-12-31 | 0.20% |
| 2011-09-30 | 0.26% |
| 2011-06-30 | 0.30% |
| 2011-03-31 | 0.52% |
| 2010-09-30 | -0.09% |
| 2010-06-30 | -0.31% |
| 2010-03-31 | 1.35% |
| 2009-12-31 | -2.04% |
| 2009-09-30 | -0.17% |
| 2009-03-31 | -1.76% |
| 2008-12-31 | 1.30% |
| 2008-09-30 | 0.60% |
| 2008-06-30 | 0.55% |
| 2008-03-31 | -0.02% |
| 2007-12-31 | -9.08% |
| 2007-09-30 | 0.35% |
| 2007-06-30 | -0.72% |
| 2007-03-31 | 1.12% |
| 2006-09-30 | 1.72% |
| 2006-06-30 | -2.95% |
| 2006-03-31 | -1.72% |
| 2005-12-31 | -36.06% |
| 2005-09-30 | 3.36% |
| 2005-06-30 | -3.00% |
| 2005-03-31 | -6.30% |
| 2004-12-31 | -24.52% |
| 2004-09-30 | 2.03% |
| 2004-06-30 | 6.12% |
| 2004-03-31 | 2.57% |
| 2003-12-31 | -15.56% |
| 2003-09-30 | 2.68% |
| 2003-06-30 | 2.04% |
| 2003-03-31 | 2.26% |
