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 -0.57% is 125% below its 1-year average of 2.25%, near the low end of its 1-year range (-0.57%–6.89%).
As of the fiscal period ended Tuesday, December 31, 2024.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-12-31): -0.57%.
TAX RATE
-0.57%
TAX RATE AVG TTM
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TAX RATE AVG 3Y
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TAX RATE AVG 5Y
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TAX RATE AVG 10Y
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TAX RATE AVG 15Y
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TAX RATE AVG 20Y
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CURRENT VS TTM AVG
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CURRENT VS 3Y AVG
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CURRENT VS 5Y AVG
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CURRENT VS 10Y AVG
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CURRENT VS 15Y AVG
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CURRENT VS 20Y AVG
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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 |
|---|---|
| 2024-12-31 | -0.57% |
| 2024-06-30 | 6.89% |
| 2024-03-31 | 0.43% |