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 11.83% is 90% below its 5-year average of 119.57%, near the low end of its 5-year range (0.41%–922.03%).
As of the fiscal period ended Saturday, April 1, 2023. 142.18% above its 12-month average of 4.88%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2023 (2023-04-01): 11.83%.
TAX RATE
11.83%
TAX RATE AVG TTM
4.88%
TAX RATE AVG 3Y
5.00%
TAX RATE AVG 5Y
119.57%
TAX RATE AVG 10Y
4.13%
TAX RATE AVG 15Y
15.36%
TAX RATE AVG 20Y
12.90%
CURRENT VS TTM AVG
+142.18%
CURRENT VS 3Y AVG
+136.81%
CURRENT VS 5Y AVG
-90.11%
CURRENT VS 10Y AVG
+186.11%
CURRENT VS 15Y AVG
-22.97%
CURRENT VS 20Y AVG
-8.30%
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 |
|---|---|
| 2023-04-01 | 11.83% |
| 2022-07-02 | 0.41% |
| 2022-04-02 | 2.41% |
| 2021-07-03 | 5.17% |
| 2020-09-26 | 3.15% |
| 2020-06-27 | 7.00% |
| 2018-09-29 | 4.58% |
| 2018-06-30 | 922.03% |
| 2018-03-31 | 37.55% |
| 2017-09-30 | 2.96% |
| 2017-04-01 | 3.20% |
| 2016-07-02 | -8.96% |
| 2016-04-02 | -17.72% |
| 2014-03-29 | 13.73% |
| 2010-07-03 | 32.75% |
| 2010-04-03 | 38.05% |
| 2009-12-31 | 53.97% |
| 2009-10-03 | 43.61% |
| 2009-07-04 | 42.71% |
| 2009-04-04 | 199.27% |
| 2007-09-30 | 41.45% |
| 2007-06-30 | 39.98% |
| 2007-03-31 | 40.51% |
| 2006-09-30 | 14.43% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
