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 0.16% is 10% below its 5-year average of 0.18%, near the low end of its 5-year range (0.00%–2.88%).
As of the fiscal period ended Monday, September 30, 2024. 54.88% below its 12-month average of 0.36%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-09-30): 0.16%.
TAX RATE
0.16%
TAX RATE AVG TTM
0.36%
TAX RATE AVG 3Y
0.76%
TAX RATE AVG 5Y
0.18%
TAX RATE AVG 10Y
0.05%
TAX RATE AVG 15Y
0.77%
TAX RATE AVG 20Y
0.87%
CURRENT VS TTM AVG
-54.88%
CURRENT VS 3Y AVG
-78.41%
CURRENT VS 5Y AVG
-10.37%
CURRENT VS 10Y AVG
+236.10%
CURRENT VS 15Y AVG
-78.80%
CURRENT VS 20Y AVG
-81.24%
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 |
|---|---|
| 2024-09-30 | 0.16% |
| 2024-06-30 | 0.16% |
| 2024-03-31 | 0.73% |
| 2023-12-31 | 0.73% |
| 2023-09-30 | 0.02% |
| 2023-06-30 | 0.01% |
| 2023-03-31 | 2.88% |
| 2022-12-31 | 2.88% |
| 2022-03-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 0.00% |
| 2019-03-31 | -78.58% |
| 2018-12-31 | -39.18% |
| 2016-09-30 | -0.97% |
| 2015-09-30 | 0.07% |
| 2014-09-30 | -100.96% |
| 2013-09-30 | 3.11% |
| 2013-06-30 | 24.04% |
| 2012-09-30 | 3.21% |
| 2012-06-30 | 0.13% |
| 2011-09-30 | 49.54% |
| 2011-06-30 | 14.99% |
| 2010-06-30 | 21.17% |
| 2009-06-30 | 22.86% |
| 2008-06-30 | 16.39% |
| 2007-06-30 | 18.60% |
| 2006-06-30 | 0.16% |
| 2005-12-31 | -55.43% |
| 2005-06-30 | 3.31% |
