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 55.32% is 77% above its 3-year average of 31.21%, near the high end of its 3-year range (22.40%–55.32%).
As of the fiscal period ended Thursday, March 31, 2022. 30.34% above its 12-month average of 42.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2022 (2022-03-31): 55.32%.
TAX RATE
55.32%
TAX RATE AVG TTM
42.45%
TAX RATE AVG 3Y
31.21%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+30.34%
CURRENT VS 3Y AVG
+77.24%
CURRENT VS 5Y AVG
N/A
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 |
|---|---|
| 2022-03-31 | 55.32% |
| 2021-03-31 | 29.57% |
| 2020-03-31 | 24.37% |
| 2019-09-30 | 22.40% |
| 2019-03-31 | 24.42% |
