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 70.03% is 512% above its 5-year average of 11.43%, around the middle of its 5-year range (-21.57%–187.34%).
As of the fiscal period ended Tuesday, December 31, 2019. 160.58% above its 12-month average of 26.87%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2019 (2019-12-31): 70.03%.
TAX RATE
70.03%
TAX RATE AVG TTM
26.87%
TAX RATE AVG 3Y
16.49%
TAX RATE AVG 5Y
11.43%
TAX RATE AVG 10Y
16.30%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+160.58%
CURRENT VS 3Y AVG
+324.74%
CURRENT VS 5Y AVG
+512.40%
CURRENT VS 10Y AVG
+329.65%
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 |
|---|---|
| 2019-12-31 | 70.03% |
| 2019-09-30 | 29.51% |
| 2019-06-30 | 36.68% |
| 2019-03-31 | -21.57% |
| 2018-12-31 | 19.72% |
| 2018-09-30 | -8.70% |
| 2018-06-30 | -16.77% |
| 2018-03-31 | -2.90% |
| 2017-06-30 | 42.39% |
| 2016-09-30 | 5.42% |
| 2016-06-30 | 3.41% |
| 2016-03-31 | 3.43% |
| 2015-12-31 | 6.81% |
| 2015-09-30 | 5.24% |
| 2015-06-30 | -1.16% |
| 2015-03-31 | 187.34% |
| 2014-09-30 | 115.03% |
| 2013-12-31 | 89.25% |
| 2009-06-30 | 27.18% |
| 2008-12-31 | -3.39% |
| 2008-09-30 | 43.82% |
| 2008-06-30 | 41.80% |
