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 0.28% is 1819% above its 2-year average of -0.02%, near the high end of its 2-year range (-0.31%–0.28%).
As of the fiscal period ended Sunday, June 30, 2024.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
Limited quarterly history available
Tax Rate needs at least three reported quarters before a meaningful chart is shown.
TAX RATE
0.28%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
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 |
|---|---|
| 2024-06-30 | 0.28% |
| 2021-12-31 | -0.31% |
