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 -10.64% is 64% above its 2-year average of -29.94%, near the high end of its 2-year range (-55.61%–-10.64%).
As of the fiscal period ended Saturday, September 30, 2023. 69.14% above its 12-month average of -34.47%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2023 (2023-09-30): -10.64%.
TAX RATE
-10.64%
TAX RATE AVG TTM
-34.47%
TAX RATE AVG 3Y
N/A
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+69.14%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
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 |
|---|---|
| 2023-09-30 | -10.64% |
| 2023-03-31 | -37.17% |
| 2022-12-31 | -55.61% |
| 2021-09-30 | -16.33% |
