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 3.80% is 49% above its 5-year average of 2.55%, around the middle of its 5-year range (-2.70%–9.26%).
As of the fiscal period ended Saturday, September 30, 2023. 226.82% above its 12-month average of 1.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2023 (2023-09-30): 3.80%.
TAX RATE
3.80%
TAX RATE AVG TTM
1.16%
TAX RATE AVG 3Y
1.16%
TAX RATE AVG 5Y
2.55%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+226.82%
CURRENT VS 3Y AVG
+226.82%
CURRENT VS 5Y AVG
+48.95%
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 | 3.80% |
| 2023-06-30 | -2.70% |
| 2023-03-31 | 2.08% |
| 2022-12-31 | 0.00% |
| 2022-09-30 | 2.63% |
| 2019-07-31 | 2.78% |
| 2019-01-31 | 9.26% |
| 2018-07-31 | 0.73% |
| 2018-04-30 | 0.00% |
