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 3.92% is 20% below its 5-year average of 4.88%, near the low end of its 5-year range (-1.65%–19.36%).
As of the fiscal period ended Friday, March 31, 2017. 66.32% below its 12-month average of 11.64%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2017 (2017-03-31): 3.92%.
TAX RATE
3.92%
TAX RATE AVG TTM
11.64%
TAX RATE AVG 3Y
7.21%
TAX RATE AVG 5Y
4.88%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-66.32%
CURRENT VS 3Y AVG
-45.64%
CURRENT VS 5Y AVG
-19.59%
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 |
|---|---|
| 2017-03-31 | 3.92% |
| 2016-06-30 | 19.36% |
| 2015-09-30 | -1.65% |
| 2013-06-30 | 1.13% |
| 2012-06-30 | 1.61% |
