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 7.98% is in line with its 4-year average of 7.62%, around the middle of its 4-year range (-3.87%–32.36%).
As of the fiscal period ended Tuesday, March 31, 2020. 65.49% above its 12-month average of 4.82%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2020 (2020-03-31): 7.98%.
TAX RATE
7.98%
TAX RATE AVG TTM
4.82%
TAX RATE AVG 3Y
1.58%
TAX RATE AVG 5Y
7.62%
TAX RATE AVG 10Y
5.50%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+65.49%
CURRENT VS 3Y AVG
+404.75%
CURRENT VS 5Y AVG
+4.73%
CURRENT VS 10Y AVG
+45.16%
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 |
|---|---|
| 2020-03-31 | 7.98% |
| 2019-12-31 | 1.66% |
| 2018-12-31 | 1.30% |
| 2018-03-31 | 0.83% |
| 2017-03-31 | -3.87% |
| 2016-06-30 | 32.36% |
| 2016-03-31 | 13.09% |
| 2010-12-31 | -4.63% |
| 2010-06-30 | 0.76% |
