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 1.45% is 104% above its 5-year average of -37.61%, near the high end of its 5-year range (-269.67%–62.13%).
As of the fiscal period ended Sunday, February 25, 2024. 192.81% above its 12-month average of 0.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2024 (2024-02-25): 1.45%.
TAX RATE
1.45%
TAX RATE AVG TTM
0.49%
TAX RATE AVG 3Y
-89.56%
TAX RATE AVG 5Y
-37.61%
TAX RATE AVG 10Y
28.04%
TAX RATE AVG 15Y
33.75%
TAX RATE AVG 20Y
25.95%
CURRENT VS TTM AVG
+192.81%
CURRENT VS 3Y AVG
+101.62%
CURRENT VS 5Y AVG
+103.85%
CURRENT VS 10Y AVG
-94.84%
CURRENT VS 15Y AVG
-95.71%
CURRENT VS 20Y AVG
-94.43%
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 |
|---|---|
| 2024-02-25 | 1.45% |
| 2023-11-26 | -0.46% |
| 2021-11-30 | -269.67% |
| 2019-05-31 | 62.13% |
| 2019-02-28 | 18.49% |
| 2018-08-31 | 25.20% |
| 2018-05-31 | 22.86% |
| 2018-02-28 | -406.33% |
| 2017-11-30 | 28.75% |
| 2017-08-31 | 36.11% |
| 2017-05-31 | 7.40% |
| 2017-02-28 | 30.81% |
| 2016-11-30 | 33.53% |
| 2016-08-31 | 36.09% |
| 2016-05-31 | 32.82% |
| 2015-11-30 | 35.67% |
| 2015-08-31 | 36.14% |
| 2015-05-31 | 35.47% |
| 2015-02-28 | 37.93% |
| 2014-11-30 | 35.47% |
| 2014-08-31 | 34.93% |
| 2014-05-31 | 35.63% |
| 2014-02-28 | 36.42% |
| 2013-11-30 | 34.92% |
| 2013-08-31 | 33.97% |
| 2013-05-31 | 20.93% |
| 2013-02-28 | 36.50% |
| 2012-11-30 | 24.55% |
| 2012-08-31 | 36.14% |
| 2012-05-31 | 27.68% |
| 2012-02-29 | 37.76% |
| 2011-11-30 | 37.34% |
| 2011-08-31 | 36.24% |
| 2011-02-28 | 36.76% |
| 2010-11-30 | 35.64% |
| 2010-08-31 | 36.01% |
| 2010-02-28 | 37.22% |
| 2009-11-30 | 35.03% |
| 2009-08-31 | 35.14% |
| 2009-05-31 | 45.10% |
| 2009-02-28 | 42.00% |
| 2008-11-30 | 41.51% |
| 2008-08-31 | 40.23% |
| 2008-05-31 | -19.31% |
| 2008-02-29 | 27.71% |
| 2007-11-30 | 27.71% |
| 2007-08-31 | 27.75% |
| 2007-05-31 | 7.43% |
| 2007-02-28 | 7.86% |
| 2006-11-30 | 24.83% |
| 2006-08-31 | 7.86% |
| 2006-05-31 | 1.56% |
| 2006-02-28 | 0.17% |
| 2005-08-31 | -0.98% |
| 2005-05-31 | -5.85% |
| 2005-02-28 | 6.09% |
| 2004-08-31 | 10.51% |
| 2004-05-31 | -2.54% |
| 2004-02-29 | 24.97% |
| 2003-08-31 | 35.74% |
| 2003-04-30 | 5.72% |
