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 -16.12% is 6157% below its 2-year average of 0.27%, around the middle of its 2-year range (-103.26%–93.72%).
As of the fiscal period ended Friday, June 30, 2023. 48.68% above its 12-month average of -31.40%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2023 (2023-06-30): -16.12%.
TAX RATE
-16.12%
TAX RATE AVG TTM
-31.40%
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
+48.68%
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 | -16.12% |
| 2022-12-30 | -103.26% |
| 2022-06-30 | 25.17% |
| 2021-12-30 | 2.37% |
| 2021-06-30 | -0.29% |
| 2020-12-30 | 93.72% |
