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 8.92% is 18% below its 5-year average of 10.90%, near the high end of its 5-year range (-200.66%–48.74%).
As of the fiscal period ended Thursday, March 31, 2022. 49.06% below its 12-month average of 17.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2022 (2022-03-31): 8.92%.
TAX RATE
8.92%
TAX RATE AVG TTM
17.51%
TAX RATE AVG 3Y
10.20%
TAX RATE AVG 5Y
10.90%
TAX RATE AVG 10Y
9.11%
TAX RATE AVG 15Y
9.27%
TAX RATE AVG 20Y
15.73%
CURRENT VS TTM AVG
-49.06%
CURRENT VS 3Y AVG
-12.55%
CURRENT VS 5Y AVG
-18.14%
CURRENT VS 10Y AVG
-2.12%
CURRENT VS 15Y AVG
-3.79%
CURRENT VS 20Y AVG
-43.29%
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 |
|---|---|
| 2022-03-31 | 8.92% |
| 2021-12-31 | 4.99% |
| 2021-09-30 | 48.74% |
| 2021-06-30 | 11.20% |
| 2021-03-31 | 13.71% |
| 2020-12-31 | 15.80% |
| 2020-09-30 | 15.41% |
| 2020-06-30 | 2.05% |
| 2020-03-31 | 1.53% |
| 2019-12-31 | 13.31% |
| 2019-09-30 | 13.34% |
| 2019-06-30 | 25.54% |
| 2019-03-31 | 11.93% |
| 2018-12-31 | -200.66% |
| 2018-09-30 | 18.07% |
| 2018-06-30 | 7.43% |
| 2018-03-31 | 0.46% |
| 2017-12-31 | -105.63% |
| 2017-06-30 | -27.14% |
| 2017-03-31 | 10.65% |
| 2016-09-30 | 9.18% |
| 2016-03-31 | -13.17% |
| 2015-09-30 | 5.69% |
| 2014-12-31 | 26.64% |
| 2013-12-31 | 3.65% |
| 2013-03-31 | 0.48% |
| 2012-12-31 | 2.77% |
| 2011-12-31 | -0.90% |
| 2010-12-31 | 8.62% |
| 2010-07-31 | 23.71% |
| 2010-04-30 | 10.37% |
| 2008-07-31 | 13.50% |
| 2008-04-30 | 3.97% |
| 2005-10-31 | 15.38% |
| 2005-01-31 | 24.62% |
| 2004-10-31 | 30.85% |
| 2004-01-31 | 37.07% |
| 2003-10-31 | 39.63% |
| 2003-07-31 | 41.79% |
| 2003-04-30 | 39.55% |
| 2003-01-31 | 41.00% |
| 2002-10-31 | 42.91% |
| 2002-07-31 | 41.65% |
