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 -15.53% is 79% above its 4-year average of -75.54%, near the high end of its 4-year range (-650.63%–27.30%).
As of the fiscal period ended Saturday, December 31, 2022. 729.54% below its 12-month average of 2.47%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2022 (2022-12-31): -15.53%.
TAX RATE
-15.53%
TAX RATE AVG TTM
2.47%
TAX RATE AVG 3Y
-83.60%
TAX RATE AVG 5Y
-75.54%
TAX RATE AVG 10Y
13.93%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-729.54%
CURRENT VS 3Y AVG
+81.43%
CURRENT VS 5Y AVG
+79.45%
CURRENT VS 10Y AVG
-211.46%
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 |
|---|---|
| 2022-12-31 | -15.53% |
| 2022-09-30 | 25.33% |
| 2022-06-30 | 4.18% |
| 2022-03-31 | -0.91% |
| 2021-12-31 | -0.75% |
| 2021-09-30 | -650.63% |
| 2021-06-30 | -220.94% |
| 2020-12-31 | 0.26% |
| 2020-09-30 | 27.30% |
| 2019-12-31 | -4.27% |
| 2018-12-31 | 4.97% |
| 2017-09-30 | -284.10% |
| 2015-09-30 | 31.07% |
| 2015-06-30 | 24.27% |
| 2015-03-31 | 16.34% |
| 2014-12-31 | 29.15% |
| 2014-09-30 | -25.25% |
| 2014-03-31 | 26.00% |
| 2013-12-31 | 36.02% |
| 2013-03-31 | 30.33% |
| 2012-12-31 | 42.20% |
