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 0.74% is 77% below its 5-year average of 3.23%, around the middle of its 5-year range (-40.43%–40.81%).
As of the fiscal period ended Wednesday, June 30, 2021.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2022 (2021-06-30): 0.74%.
TAX RATE
0.74%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
-10.87%
TAX RATE AVG 5Y
3.23%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+106.79%
CURRENT VS 5Y AVG
-77.12%
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 |
|---|---|
| 2021-06-30 | 0.74% |
| 2020-03-31 | -40.43% |
| 2019-09-30 | -2.43% |
| 2018-12-31 | -1.37% |
| 2017-12-31 | 40.81% |
| 2016-12-31 | 19.06% |
| 2016-09-30 | 6.20% |
| 2015-09-30 | 58.86% |
| 2015-06-30 | 0.00% |
