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 43.07% is 88% above its 5-year average of 22.86%, near the high end of its 5-year range (7.04%–43.07%).
As of the fiscal period ended Friday, December 31, 2021. 27.55% above its 12-month average of 33.77%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2022 (2021-12-31): 43.07%.
TAX RATE
43.07%
TAX RATE AVG TTM
33.77%
TAX RATE AVG 3Y
27.90%
TAX RATE AVG 5Y
22.86%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+27.55%
CURRENT VS 3Y AVG
+54.37%
CURRENT VS 5Y AVG
+88.44%
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 | 43.07% |
| 2021-06-30 | 16.78% |
| 2020-12-31 | 41.45% |
| 2019-06-30 | 7.04% |
| 2018-12-31 | 31.17% |
| 2018-06-30 | 19.48% |
| 2017-12-31 | 15.02% |
| 2017-06-30 | 16.52% |
| 2016-12-31 | 15.18% |
| 2016-06-30 | 15.54% |
| 2015-12-31 | 13.88% |
| 2015-06-30 | 13.88% |
| 2014-12-30 | 0.27% |
