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 285.56% is 526% above its 5-year average of 45.63%, near the high end of its 5-year range (23.61%–285.56%).
As of the fiscal period ended Sunday, March 31, 2024. 185.38% above its 12-month average of 100.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
285.56%
TAX RATE AVG TTM
100.06%
TAX RATE AVG 3Y
55.53%
TAX RATE AVG 5Y
30.86%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+185.38%
CURRENT VS 3Y AVG
+414.26%
CURRENT VS 5Y AVG
+825.36%
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 |
|---|---|
| 2024-03-31 | 285.56% |
| 2023-09-30 | 56.82% |
| 2023-06-30 | 23.61% |
| 2023-03-31 | 34.27% |
| 2022-09-30 | 35.83% |
| 2022-06-30 | 32.54% |
| 2022-03-31 | 26.04% |
| 2021-12-31 | 33.26% |
| 2021-09-30 | 31.28% |
| 2021-06-30 | 25.55% |
| 2021-03-31 | 26.07% |
| 2020-12-31 | 31.88% |
| 2020-09-30 | 40.43% |
| 2020-06-30 | 28.99% |
| 2020-03-31 | 27.36% |
| 2019-12-31 | 44.84% |
| 2019-09-30 | 27.22% |
| 2019-06-30 | 27.73% |
| 2019-03-31 | 27.73% |
| 2018-06-30 | 27.20% |
| 2018-03-31 | 27.20% |
| 2017-06-30 | 27.94% |
| 2017-03-31 | 27.94% |
| 2017-01-31 | 27.94% |
