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 -4.84% is 25% above its 5-year average of -6.43%, near the high end of its 5-year range (-8.02%–-4.84%).
As of the fiscal period ended Thursday, December 31, 2020.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2020 (2020-12-31): -4.84%.
TAX RATE
-4.84%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
N/A
TAX RATE AVG 5Y
-6.43%
TAX RATE AVG 10Y
-0.21%
TAX RATE AVG 15Y
-0.21%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
+24.73%
CURRENT VS 10Y AVG
-2245.44%
CURRENT VS 15Y AVG
-2245.44%
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 |
|---|---|
| 2020-12-31 | -4.84% |
| 2015-12-31 | -8.02% |
| 2015-09-30 | -17.37% |
| 2015-06-30 | 30.07% |
| 2015-03-31 | -0.87% |
| 2005-09-30 | 4.54% |
| 2004-06-30 | 1.28% |
| 2003-12-31 | -419.05% |
| 2003-06-30 | 18.27% |
