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 27.95% is 24% above its 5-year average of 22.49%, near the high end of its 5-year range (-244.35%–68.85%).
As of the fiscal period ended Thursday, June 30, 2022. 165.74% above its 12-month average of -42.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2022 (2022-06-30): 27.95%.
TAX RATE
27.95%
TAX RATE AVG TTM
-42.51%
TAX RATE AVG 3Y
-10.07%
TAX RATE AVG 5Y
22.49%
TAX RATE AVG 10Y
14.81%
TAX RATE AVG 15Y
17.29%
TAX RATE AVG 20Y
11.75%
CURRENT VS TTM AVG
+165.74%
CURRENT VS 3Y AVG
+377.54%
CURRENT VS 5Y AVG
+24.28%
CURRENT VS 10Y AVG
+88.67%
CURRENT VS 15Y AVG
+61.59%
CURRENT VS 20Y AVG
+137.85%
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 | 27.95% |
| 2022-03-31 | 18.22% |
| 2021-12-31 | -43.11% |
| 2021-09-30 | 28.76% |
| 2021-06-30 | -244.35% |
| 2021-03-31 | 0.24% |
| 2020-12-31 | -3.37% |
| 2019-12-31 | 68.85% |
| 2019-09-30 | 9.62% |
| 2019-06-30 | 36.51% |
| 2019-03-31 | 36.84% |
| 2017-09-30 | 45.19% |
| 2017-06-30 | 44.13% |
| 2017-03-31 | 39.50% |
| 2016-09-30 | -3.08% |
| 2016-06-30 | -6.82% |
| 2016-03-31 | 1.44% |
| 2015-12-31 | 0.83% |
| 2015-09-30 | 1.48% |
| 2015-06-30 | 1.95% |
| 2014-09-30 | 1.82% |
| 2014-06-30 | 8.59% |
| 2013-06-30 | 15.51% |
| 2013-03-31 | 9.65% |
| 2009-09-30 | 13.97% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2004-12-31 | 0.06% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
