Snowflake Inc. (SNOW) Tax Rate: -1.50%
Is Snowflake Inc.’s tax rate high or low?
Snowflake Inc.'s tax rate of -1.50% is 1057% below its 5-year average of 0.16%, near the low end of its 5-year range (-1.50%–2.26%).
The tax rate for Snowflake Inc. (SNOW) is -1.50%. It is below its 12-month average by 64.84% (-0.91%).
SNOW Tax Rate Chart
SNOW Average Tax Rate Chart
SNOW Current vs Average Tax Rate Chart
SNOW Tax Rate Metrics
TAX RATE
-1.50%
TAX RATE AVG TTM
-0.91%
TAX RATE AVG 3Y
0.44%
TAX RATE AVG 5Y
0.16%
TAX RATE AVG 10Y
0.02%
TAX RATE AVG 15Y
0.02%
TAX RATE AVG 20Y
0.02%
CURRENT VS TTM AVG
-64.84%
CURRENT VS 3Y AVG
-440.91%
CURRENT VS 5Y AVG
-1057.45%
CURRENT VS 10Y AVG
-6415.79%
CURRENT VS 15Y AVG
-6415.79%
CURRENT VS 20Y AVG
-6415.79%
Snowflake Inc. Tax Rate Formula & Definition
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
Snowflake Inc. Tax Rate FAQ
- What is the tax rate for Snowflake Inc. (SNOW)?
- The tax rate for SNOW stock is -1.50%.
- Is Snowflake Inc.'s tax rate high or low?
- Snowflake Inc.'s tax rate of -1.50% is 1057% below its 5-year average of 0.16%, near the low end of its 5-year range (-1.50%–2.26%).
- What is the TTM average tax rate for Snowflake Inc. (SNOW)?
- The TTM average tax rate for SNOW stock is -0.91%.
- What is the 3Y average tax rate for Snowflake Inc. (SNOW)?
- The 3Y average tax rate for SNOW stock is 0.44%.
- What is the 5Y average tax rate for Snowflake Inc. (SNOW)?
- The 5Y average tax rate for SNOW stock is 0.16%.
- What is the 10Y average tax rate for Snowflake Inc. (SNOW)?
- The 10Y average tax rate for SNOW stock is 0.02%.
- What is the 15Y average tax rate for Snowflake Inc. (SNOW)?
- The 15Y average tax rate for SNOW stock is 0.02%.
- What is the 20Y average tax rate for Snowflake Inc. (SNOW)?
- The 20Y average tax rate for SNOW stock is 0.02%.
Snowflake Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-01-31 | -1.50% |
| 2025-01-31 | -0.32% |
| 2024-01-31 | 1.32% |
| 2023-01-31 | 2.26% |
| 2022-01-31 | -0.44% |
| 2021-01-31 | -0.38% |
| 2020-01-31 | -0.29% |
| 2019-01-31 | -0.46% |
Related Metrics
About Snowflake Inc.
Snowflake Inc. delivers a cloud-centric data platform to customers across both the United States and international markets. The company's core offering, known as the Data Cloud, enables users to unify disparate data sources into a singular, reliable foundation. This unified data then facilitates the extraction of crucial business intelligence, the creation of innovative data-driven applications, and secure data sharing. This adaptable platform serves a wide array of organizations, encompassing various sizes and industries. Originating in 2012, the enterprise was initially recognized as Snowflake Computing, Inc., before officially rebranding to Snowflake Inc. in April 2019. Its principal operations are conducted from Bozeman, Montana.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Sridhar Ramaswamy