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 -3.69% is 93% above its 5-year average of -56.16%, near the high end of its 5-year range (-946.90%–9.38%).
As of the fiscal period ended Saturday, December 31, 2022. 287.49% below its 12-month average of 1.97%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-3.69%
TAX RATE AVG TTM
1.97%
TAX RATE AVG 3Y
1.29%
TAX RATE AVG 5Y
-2.47%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-287.49%
CURRENT VS 3Y AVG
-384.89%
CURRENT VS 5Y AVG
-49.27%
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 |
|---|---|
| 2022-12-31 | -3.69% |
| 2022-09-30 | 1.62% |
| 2022-07-01 | 7.49% |
| 2022-04-01 | 9.15% |
| 2021-12-31 | -4.74% |
| 2021-09-24 | 6.44% |
| 2021-06-25 | 3.12% |
| 2021-03-26 | 9.38% |
| 2020-12-31 | -5.25% |
| 2020-09-25 | -3.03% |
| 2020-06-26 | 2.70% |
| 2020-03-27 | -7.67% |
| 2019-12-31 | -149.67% |
| 2019-09-27 | -31.48% |
| 2019-06-28 | -38.27% |
| 2019-03-29 | -946.90% |
| 2018-12-31 | 1.41% |
| 2018-09-28 | -6.15% |
| 2018-06-29 | -17.85% |
| 2018-03-30 | 6.13% |
| 2017-12-31 | -12.07% |
| 2017-09-29 | -84.68% |
| 2017-06-30 | 4.32% |
| 2017-03-31 | 3.90% |
| 2016-12-31 | 8.87% |
| 2016-09-30 | -32.59% |
| 2016-06-30 | 6.43% |
| 2016-03-31 | 11.41% |
| 2015-09-25 | -173.41% |
| 2015-06-26 | 23.16% |
| 2015-03-26 | 23.15% |
| 2014-03-27 | 148.02% |
