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 -5.11% is 171% below its 2-year average of 7.24%, near the low end of its 2-year range (-5.11%–34.29%).
As of the fiscal period ended Friday, December 31, 2021. 152.96% below its 12-month average of 9.65%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2021 (2021-12-31): -5.11%.
TAX RATE
-5.11%
TAX RATE AVG TTM
9.65%
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
-152.96%
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 |
|---|---|
| 2021-12-31 | -5.11% |
| 2021-09-30 | -0.24% |
| 2020-12-31 | 34.29% |
| 2019-12-31 | 0.00% |
