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 21.82% is in line with its 4-year average of 21.19%, around the middle of its 4-year range (-21.74%–79.30%).
As of the fiscal period ended Sunday, June 30, 2024. 50015.59% above its 12-month average of 0.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2024 (2024-06-30): 21.82%.
TAX RATE
21.82%
TAX RATE AVG TTM
0.04%
TAX RATE AVG 3Y
33.33%
TAX RATE AVG 5Y
21.19%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+50015.59%
CURRENT VS 3Y AVG
-34.52%
CURRENT VS 5Y AVG
+3.00%
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 |
|---|---|
| 2024-06-30 | 21.82% |
| 2023-12-31 | -21.74% |
| 2022-03-31 | 45.59% |
| 2021-12-31 | 54.72% |
| 2021-09-30 | 20.29% |
| 2021-06-30 | 79.30% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 11.61% |
| 2020-09-30 | 0.21% |
| 2020-03-31 | 0.08% |
| 2018-03-31 | 0.00% |
