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 50.33% is 152% above its 2-year average of 19.95%, near the high end of its 2-year range (0.00%–50.33%).
As of the fiscal period ended Friday, June 30, 2023. 68.13% above its 12-month average of 29.93%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2023 (2023-06-30): 50.33%.
TAX RATE
50.33%
TAX RATE AVG TTM
29.93%
TAX RATE AVG 3Y
N/A
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+68.13%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
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 |
|---|---|
| 2023-06-30 | 50.33% |
| 2022-06-30 | 9.54% |
| 2021-09-30 | 0.00% |
