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 10.58% is in line with its 2-year average of 10.90%, around the middle of its 2-year range (-22.74%–26.80%).
As of the fiscal period ended Thursday, March 31, 2022. 41.82% below its 12-month average of 18.19%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2022 (2022-03-31): 10.58%.
TAX RATE
10.58%
TAX RATE AVG TTM
18.19%
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
-41.82%
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 |
|---|---|
| 2022-03-31 | 10.58% |
| 2021-12-31 | 26.80% |
| 2021-09-30 | 15.47% |
| 2021-06-30 | 17.98% |
| 2021-03-31 | 20.09% |
| 2020-12-31 | 19.01% |
| 2020-09-30 | -22.74% |
| 2020-06-30 | 0.00% |
