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 296.30% is 1117% above its 4-year average of 24.35%, near the high end of its 4-year range (-22.01%–296.30%).
As of the fiscal period ended Saturday, September 30, 2023. 85.27% above its 12-month average of 159.93%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2023 (2023-09-30): 296.30%.
TAX RATE
296.30%
TAX RATE AVG TTM
159.93%
TAX RATE AVG 3Y
51.54%
TAX RATE AVG 5Y
24.35%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+85.27%
CURRENT VS 3Y AVG
+474.86%
CURRENT VS 5Y AVG
+1116.97%
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 |
|---|---|
| 2023-09-30 | 296.30% |
| 2022-09-30 | 23.56% |
| 2022-06-30 | 19.29% |
| 2022-03-31 | 23.97% |
| 2021-12-31 | 31.26% |
| 2021-09-30 | 23.50% |
| 2021-06-30 | 22.85% |
| 2021-03-31 | 24.89% |
| 2020-12-31 | 26.05% |
| 2020-09-30 | 23.75% |
| 2020-06-30 | -22.01% |
| 2019-09-30 | 3.59% |
| 2019-06-30 | 1.44% |
| 2017-03-31 | 31.36% |
| 2016-12-31 | 38.22% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
