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 98.16% is 100% above its 1-year average of 49.01%, near the high end of its 1-year range (27.63%–98.16%).
As of the fiscal period ended Saturday, September 30, 2023. 98.15% above its 12-month average of 49.54%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2023 (2023-09-30): 98.16%.
TAX RATE
98.16%
TAX RATE AVG TTM
49.54%
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
+98.15%
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 |
|---|---|
| 2023-09-30 | 98.16% |
| 2023-06-30 | 63.04% |
| 2023-03-31 | 27.76% |
| 2022-12-31 | 31.10% |
| 2022-09-30 | 27.63% |
| 2022-06-30 | 46.37% |