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 -3.28% is 277% below its 4-year average of 1.86%, around the middle of its 4-year range (-36.25%–15.26%).
As of the fiscal period ended Tuesday, December 31, 2019. 277.02% below its 12-month average of 1.85%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2019 (2019-12-31): -3.28%.
TAX RATE
-3.28%
TAX RATE AVG TTM
1.85%
TAX RATE AVG 3Y
3.61%
TAX RATE AVG 5Y
1.86%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-277.02%
CURRENT VS 3Y AVG
-190.78%
CURRENT VS 5Y AVG
-276.62%
CURRENT VS 10Y AVG
N/A
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 |
|---|---|
| 2019-12-31 | -3.28% |
| 2019-06-30 | 3.36% |
| 2019-03-31 | 8.03% |
| 2018-12-31 | -0.70% |
| 2018-09-30 | 5.00% |
| 2017-12-31 | -6.01% |
| 2017-09-30 | 15.26% |
| 2017-03-31 | 10.84% |
| 2016-12-31 | 0.01% |
| 2016-09-30 | 0.61% |
| 2016-06-30 | -0.23% |
| 2016-03-31 | 2.79% |
| 2015-09-30 | -36.25% |
| 2014-06-30 | 0.70% |
| 2014-03-31 | 0.03% |
