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 116.76% is 989% above its 4-year average of 10.72%, near the high end of its 4-year range (-113.00%–116.76%).
As of the fiscal period ended Sunday, December 31, 2023. 85.97% above its 12-month average of 62.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2023 (2023-12-31): 116.76%.
TAX RATE
116.76%
TAX RATE AVG TTM
62.79%
TAX RATE AVG 3Y
21.08%
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
+85.97%
CURRENT VS 3Y AVG
+454.01%
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 |
|---|---|
| 2023-12-31 | 116.76% |
| 2022-12-31 | 8.81% |
| 2022-09-30 | 12.40% |
| 2022-06-30 | 10.44% |
| 2022-03-31 | 11.98% |
| 2021-12-31 | 12.22% |
| 2021-09-30 | 12.48% |
| 2021-06-30 | 7.80% |
| 2021-03-31 | 15.37% |
| 2020-12-31 | 2.49% |
| 2020-09-30 | -0.93% |
| 2020-06-30 | -113.00% |
| 2020-03-31 | 13.21% |
