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 0.45% is 240% above its 5-year average of 0.13%, near the high end of its 5-year range (-1.30%–0.63%).
As of the fiscal period ended Tuesday, March 31, 2026. 485.34% above its 12-month average of 0.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
0.45%
TAX RATE AVG TTM
0.08%
TAX RATE AVG 3Y
0.36%
TAX RATE AVG 5Y
0.30%
TAX RATE AVG 10Y
0.27%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+485.34%
CURRENT VS 3Y AVG
+25.00%
CURRENT VS 5Y AVG
+48.24%
CURRENT VS 10Y AVG
+68.23%
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 | 0.45% |
| 2025-12-31 | -0.75% |
| 2025-09-30 | 0.50% |
| 2025-06-30 | 0.63% |
| 2025-03-31 | -0.45% |
| 2024-12-31 | 0.39% |
| 2024-09-30 | 0.33% |
| 2024-06-30 | 0.43% |
| 2024-03-31 | 0.26% |
| 2023-12-31 | -1.30% |
| 2023-09-30 | 0.11% |
| 2023-06-30 | 0.27% |
| 2023-03-31 | 0.21% |
| 2022-12-31 | 0.17% |
| 2022-09-30 | 0.12% |
| 2022-03-31 | 0.16% |
| 2021-12-31 | 0.27% |
| 2021-09-30 | 0.24% |
| 2021-06-30 | 0.41% |
| 2021-03-31 | 0.18% |
| 2020-12-31 | 0.15% |
| 2020-09-30 | -0.09% |
| 2020-06-30 | 0.13% |
| 2019-12-31 | 0.60% |
| 2019-09-30 | 0.02% |
| 2019-06-30 | 0.36% |
| 2019-03-31 | 0.34% |
| 2018-12-31 | 0.38% |
| 2018-09-30 | 0.04% |
| 2018-06-30 | 0.32% |
| 2018-03-31 | 0.34% |
| 2017-12-31 | -4.46% |
| 2016-12-31 | 0.00% |
