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 26.92% is 44% below its 4-year average of 48.43%, near the low end of its 4-year range (2.74%–127.27%).
As of the fiscal period ended Saturday, December 31, 2022.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2023 (2022-12-31): 26.92%.
TAX RATE
26.92%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
31.34%
TAX RATE AVG 5Y
48.43%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-14.10%
CURRENT VS 5Y AVG
-44.41%
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 |
|---|---|
| 2022-12-31 | 26.92% |
| 2021-09-30 | 64.37% |
| 2020-06-30 | 2.74% |
| 2019-11-04 | 127.27% |
| 2019-01-28 | 20.87% |
| 2017-05-22 | 21.15% |
