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 42.70% is 277% above its 4-year average of 11.34%, near the high end of its 4-year range (-0.44%–42.70%).
As of the fiscal period ended Friday, June 30, 2023.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
42.70%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
7.14%
TAX RATE AVG 5Y
11.34%
TAX RATE AVG 10Y
7.94%
TAX RATE AVG 15Y
17.73%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+497.71%
CURRENT VS 5Y AVG
+276.60%
CURRENT VS 10Y AVG
+438.00%
CURRENT VS 15Y AVG
+140.77%
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 |
|---|---|
| 2023-06-30 | 42.70% |
| 2021-06-30 | 0.27% |
| 2021-03-31 | 0.12% |
| 2020-12-31 | -0.25% |
| 2020-09-30 | -0.44% |
| 2020-06-30 | 0.47% |
| 2019-06-30 | 36.50% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2015-09-30 | 0.00% |
| 2012-09-30 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2010-09-30 | 0.00% |
| 2009-09-30 | 75.08% |
| 2009-06-30 | 66.35% |
| 2009-03-31 | 58.83% |
| 2008-12-31 | 66.64% |
| 2008-09-30 | 8.40% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
