Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 22.22% is 175% above its 2-year average of 8.08%, near the high end of its 2-year range (0.00%–22.22%).
As of the fiscal period ended Sunday, June 30, 2024. 83.33% above its 12-month average of 12.12%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2024-06-30.
TAX RATE
22.22%
TAX RATE AVG TTM
12.12%
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
+83.33%
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 |
|---|---|
| 2024-06-30 | 22.22% |
| 2023-06-30 | 2.02% |
| 2022-06-30 | 0.00% |