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 12.25% is 82% below its 3-year average of 69.74%, near the low end of its 3-year range (1.99%–361.57%).
As of the fiscal period ended Thursday, June 30, 2022. 19.79% below its 12-month average of 15.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2022 (2022-06-30): 12.25%.
TAX RATE
12.25%
TAX RATE AVG TTM
15.27%
TAX RATE AVG 3Y
65.73%
TAX RATE AVG 5Y
69.74%
TAX RATE AVG 10Y
69.74%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-19.79%
CURRENT VS 3Y AVG
-81.36%
CURRENT VS 5Y AVG
-82.44%
CURRENT VS 10Y AVG
-82.44%
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 |
|---|---|
| 2022-06-30 | 12.25% |
| 2021-09-30 | 21.87% |
| 2021-06-30 | 11.69% |
| 2021-03-31 | 5.12% |
| 2020-12-31 | 60.61% |
| 2020-09-30 | 361.57% |
| 2020-06-30 | 1.99% |
| 2019-12-31 | 61.41% |
| 2019-09-30 | 53.92% |
| 2019-06-30 | 66.90% |
| 2018-12-31 | 109.85% |
| 2010-06-30 | 277.68% |
