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 0.98% is 74% above its 3-year average of 0.56%, around the middle of its 3-year range (-0.44%–2.16%).
As of the fiscal period ended Thursday, June 30, 2022. 14.84% above its 12-month average of 0.86%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2022 (2022-06-30): 0.98%.
TAX RATE
0.98%
TAX RATE AVG TTM
0.86%
TAX RATE AVG 3Y
0.56%
TAX RATE AVG 5Y
0.56%
TAX RATE AVG 10Y
0.56%
TAX RATE AVG 15Y
1.50%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+14.84%
CURRENT VS 3Y AVG
+74.02%
CURRENT VS 5Y AVG
+74.02%
CURRENT VS 10Y AVG
+74.02%
CURRENT VS 15Y AVG
-34.53%
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 |
|---|---|
| 2022-06-30 | 0.98% |
| 2022-03-31 | 1.42% |
| 2021-12-31 | 0.16% |
| 2020-09-30 | 0.19% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 2.16% |
| 2019-09-30 | -0.44% |
| 2019-06-30 | 0.04% |
| 2010-06-30 | 37.50% |
| 2010-03-31 | 42.86% |
| 2009-12-31 | 6.78% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 5.82% |
| 2009-03-31 | 8.40% |
| 2008-12-31 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
