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 -5.92% is 76% above its 4-year average of -24.83%, near the high end of its 4-year range (-106.02%–7.51%).
As of the fiscal period ended Monday, September 30, 2024. 844.77% below its 12-month average of 0.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2024 (2024-09-30): -5.92%.
TAX RATE
-5.92%
TAX RATE AVG TTM
0.79%
TAX RATE AVG 3Y
-34.81%
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
-844.77%
CURRENT VS 3Y AVG
+82.99%
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 |
|---|---|
| 2024-09-30 | -5.92% |
| 2023-12-31 | 7.51% |
| 2021-12-31 | -106.02% |
| 2020-12-31 | 5.11% |
