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 -21.62% is 362% below its 5-year average of 8.25%, near the low end of its 5-year range (-21.62%–72.60%).
As of the fiscal period ended Tuesday, December 31, 2024. 271.31% below its 12-month average of 12.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-12-31): -21.62%.
TAX RATE
-21.62%
TAX RATE AVG TTM
12.62%
TAX RATE AVG 3Y
12.62%
TAX RATE AVG 5Y
8.25%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-271.31%
CURRENT VS 3Y AVG
-271.31%
CURRENT VS 5Y AVG
-362.08%
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 |
|---|---|
| 2024-12-31 | -21.62% |
| 2024-09-30 | 72.60% |
| 2024-06-30 | -13.11% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 3.39% |
| 2018-12-31 | 0.22% |
