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 120.00% is 485% above its 5-year average of 20.51%, near the high end of its 5-year range (-83.66%–148.29%).
As of the fiscal period ended Sunday, June 30, 2024.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2024 (2024-06-30): 120.00%.
TAX RATE
120.00%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
31.61%
TAX RATE AVG 5Y
20.51%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+279.66%
CURRENT VS 5Y AVG
+485.04%
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 | 120.00% |
| 2022-12-31 | 148.29% |
| 2022-09-30 | -58.21% |
| 2021-06-30 | -83.66% |
| 2021-03-31 | 18.18% |
| 2020-03-31 | -1.02% |
| 2019-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
