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 12.08% is 25% below its 2-year average of 16.14%, near the low end of its 2-year range (12.08%–22.45%).
As of the fiscal period ended Saturday, December 31, 2022. 24.57% below its 12-month average of 16.02%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2023 (2022-12-31): 12.08%.
TAX RATE
12.08%
TAX RATE AVG TTM
16.02%
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
-24.57%
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 |
|---|---|
| 2022-12-31 | 12.08% |
| 2022-06-30 | 13.53% |
| 2021-12-31 | 22.45% |
| 2021-06-30 | 13.78% |
| 2020-12-31 | 18.85% |
