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 -9.23% is 56% above its 5-year average of -21.22%, near the high end of its 5-year range (-177.84%–6.60%).
As of the fiscal period ended Tuesday, March 31, 2026. 32.26% above its 12-month average of -13.63%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-9.23%
TAX RATE AVG TTM
-13.63%
TAX RATE AVG 3Y
-14.90%
TAX RATE AVG 5Y
-11.78%
TAX RATE AVG 10Y
1.58%
TAX RATE AVG 15Y
12.47%
TAX RATE AVG 20Y
17.38%
CURRENT VS TTM AVG
+32.26%
CURRENT VS 3Y AVG
+38.04%
CURRENT VS 5Y AVG
+21.59%
CURRENT VS 10Y AVG
-685.68%
CURRENT VS 15Y AVG
-174.07%
CURRENT VS 20Y AVG
-153.13%
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 | -9.23% |
| 2025-12-31 | -30.34% |
| 2025-09-30 | 1.50% |
| 2025-06-30 | -15.63% |
| 2025-03-31 | -14.45% |
| 2024-12-31 | -177.84% |
| 2024-09-30 | 1.45% |
| 2024-06-30 | -41.12% |
| 2024-03-31 | -5.86% |
| 2023-12-31 | -12.36% |
| 2023-09-30 | 5.75% |
| 2023-06-30 | -44.00% |
| 2023-03-31 | -14.52% |
| 2022-12-31 | -16.98% |
| 2022-09-30 | 6.35% |
| 2022-06-30 | -29.13% |
| 2022-03-31 | -15.15% |
| 2021-12-31 | -20.23% |
| 2021-09-30 | 6.60% |
| 2021-06-30 | -13.92% |
| 2021-03-31 | -6.47% |
| 2020-12-31 | -11.63% |
| 2020-09-30 | 6.66% |
| 2020-06-30 | -4.74% |
| 2020-03-31 | -2.08% |
| 2019-12-31 | 2.34% |
| 2019-09-30 | 12.02% |
| 2019-06-30 | 9.16% |
| 2019-03-31 | 7.35% |
| 2018-12-31 | -2.87% |
| 2018-09-30 | 12.94% |
| 2018-06-30 | 16.93% |
| 2018-03-31 | 16.86% |
| 2017-12-31 | 38.44% |
| 2017-09-30 | 29.38% |
| 2017-06-30 | 31.06% |
| 2017-03-31 | 32.78% |
| 2016-12-31 | 32.55% |
| 2016-09-30 | 34.24% |
| 2016-06-30 | 34.66% |
| 2016-03-31 | 34.77% |
| 2015-12-31 | 34.53% |
| 2015-09-30 | 35.92% |
| 2015-06-30 | 35.81% |
| 2015-03-31 | 35.47% |
| 2014-12-31 | 30.90% |
| 2014-09-30 | 34.71% |
| 2014-06-30 | 34.82% |
| 2014-03-31 | 34.20% |
| 2013-12-31 | 32.82% |
| 2013-09-30 | 34.66% |
| 2013-06-30 | 33.44% |
| 2013-03-31 | 33.36% |
| 2012-12-31 | 33.31% |
| 2012-09-30 | 33.75% |
| 2012-06-30 | 35.74% |
| 2012-03-31 | 29.12% |
| 2011-12-31 | 35.77% |
| 2011-09-30 | 36.36% |
| 2011-06-30 | 34.76% |
| 2011-03-31 | 35.50% |
| 2010-12-31 | 34.43% |
| 2010-09-30 | 34.72% |
| 2010-06-30 | 36.17% |
| 2010-03-31 | 42.14% |
| 2009-12-31 | 33.32% |
| 2009-09-30 | 38.41% |
| 2009-06-30 | 33.70% |
| 2009-03-31 | 33.54% |
| 2008-12-31 | 34.26% |
| 2008-09-30 | 35.35% |
| 2008-06-30 | 34.32% |
| 2008-03-31 | 33.21% |
| 2007-12-31 | 30.10% |
| 2007-09-30 | 35.56% |
| 2007-06-30 | 33.42% |
| 2007-03-31 | 28.79% |
| 2006-12-31 | 20.21% |
| 2006-09-30 | 27.03% |
| 2006-06-30 | 17.33% |
| 2006-03-31 | 26.25% |
| 2005-12-31 | 30.44% |
| 2005-09-30 | 23.46% |
| 2005-06-30 | 24.01% |
| 2005-03-31 | 26.55% |
| 2004-12-31 | -2.18% |
| 2004-09-30 | 30.87% |
| 2004-06-30 | 14.04% |
| 2004-03-31 | 32.52% |
| 2003-12-31 | 23.53% |
| 2003-09-30 | -4.58% |
| 2003-03-31 | 378.43% |
| 2002-12-31 | -4.84% |
| 2002-06-30 | 27.22% |
