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 9.09% is 71% below its 2-year average of 31.58%, near the low end of its 2-year range (-3.87%–192.00%).
As of the fiscal period ended Sunday, March 31, 2024. 87.08% below its 12-month average of 70.39%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2024 (2024-03-31): 9.09%.
TAX RATE
9.09%
TAX RATE AVG TTM
70.39%
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
-87.08%
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 |
|---|---|
| 2024-03-31 | 9.09% |
| 2023-06-30 | 192.00% |
| 2023-03-31 | 10.08% |
| 2022-12-31 | -3.87% |
| 2022-09-30 | 5.37% |
| 2022-06-30 | 5.47% |
| 2022-03-31 | 2.91% |
