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 0.75% is 39% below its 2-year average of 1.23%, near the low end of its 2-year range (0.00%–2.93%).
As of the fiscal period ended Tuesday, December 31, 2024.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-12-31): 0.75%.
TAX RATE
0.75%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
1.23%
TAX RATE AVG 5Y
1.23%
TAX RATE AVG 10Y
2.82%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-38.98%
CURRENT VS 5Y AVG
-38.98%
CURRENT VS 10Y AVG
-73.51%
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 |
|---|---|
| 2024-12-31 | 0.75% |
| 2023-09-30 | 2.93% |
| 2022-12-31 | 0.00% |
| 2017-12-31 | 10.44% |
| 2015-06-30 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
