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 -2.65% is 131% below its 4-year average of 8.65%, near the low end of its 4-year range (-2.65%–28.16%).
As of the fiscal period ended Monday, September 30, 2019. 139.30% below its 12-month average of -1.11%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2019 (2019-09-30): -2.65%.
TAX RATE
-2.65%
TAX RATE AVG TTM
-1.11%
TAX RATE AVG 3Y
-1.11%
TAX RATE AVG 5Y
8.65%
TAX RATE AVG 10Y
9.00%
TAX RATE AVG 15Y
3.25%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-139.30%
CURRENT VS 3Y AVG
-139.30%
CURRENT VS 5Y AVG
-130.67%
CURRENT VS 10Y AVG
-129.48%
CURRENT VS 15Y AVG
-181.68%
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 |
|---|---|
| 2019-09-30 | -2.65% |
| 2018-09-30 | 0.44% |
| 2015-06-30 | 28.16% |
| 2013-12-31 | 10.04% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.18% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | -0.44% |
| 2002-09-30 | 0.00% |
