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 -0.20% is 101% below its 5-year average of 14.88%, near the low end of its 5-year range (-12.76%–62.78%).
As of the fiscal period ended Saturday, December 31, 2022. 104.62% below its 12-month average of 4.36%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-0.20%
TAX RATE AVG TTM
4.36%
TAX RATE AVG 3Y
8.58%
TAX RATE AVG 5Y
9.41%
TAX RATE AVG 10Y
11.94%
TAX RATE AVG 15Y
11.02%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-104.62%
CURRENT VS 3Y AVG
-102.34%
CURRENT VS 5Y AVG
-102.14%
CURRENT VS 10Y AVG
-101.68%
CURRENT VS 15Y AVG
-101.82%
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 |
|---|---|
| 2022-12-31 | -0.20% |
| 2022-09-30 | 6.93% |
| 2022-06-30 | 13.56% |
| 2022-03-31 | 14.25% |
| 2021-12-31 | -12.76% |
| 2021-09-30 | -3.10% |
| 2021-06-30 | 16.21% |
| 2021-03-31 | 16.54% |
| 2020-12-31 | 4.33% |
| 2020-09-30 | 30.08% |
| 2020-06-30 | 48.96% |
| 2020-03-31 | 62.78% |
| 2019-06-30 | 25.57% |
| 2018-09-30 | 9.00% |
| 2018-06-30 | 7.46% |
| 2018-03-31 | 9.48% |
| 2017-12-31 | 3.85% |
| 2017-09-30 | 3.81% |
| 2017-06-30 | 15.15% |
| 2017-03-31 | 27.23% |
| 2016-12-31 | 0.98% |
| 2016-09-30 | 7.37% |
| 2016-06-30 | 14.93% |
| 2016-03-31 | 120.30% |
| 2015-09-30 | 12.96% |
| 2015-06-30 | 66.03% |
| 2014-09-30 | 4.71% |
| 2014-06-30 | 21.32% |
| 2012-09-30 | -18.75% |
| 2012-06-30 | 14.51% |
| 2012-03-31 | 11.27% |
| 2011-12-31 | 4.30% |
| 2011-09-30 | 7.82% |
| 2011-06-30 | 10.50% |
| 2011-03-31 | 14.57% |
| 2010-12-31 | 10.69% |
| 2010-09-30 | 12.11% |
| 2010-06-30 | 8.60% |
| 2010-03-31 | 8.32% |
| 2009-12-31 | -1.40% |
| 2009-09-30 | 7.94% |
| 2008-06-30 | 49.92% |
| 2008-03-31 | 22.23% |
| 2007-12-31 | 13.88% |
| 2007-09-30 | 15.13% |
| 2007-06-30 | 11.78% |
| 2007-03-31 | 7.63% |
| 2006-12-31 | -45.08% |
