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 58.25% is 99% above its 5-year average of 29.21%, around the middle of its 5-year range (0.00%–86.47%).
As of the fiscal period ended Friday, June 30, 2023. 19.50% below its 12-month average of 72.36%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2023 (2023-06-30): 58.25%.
TAX RATE
58.25%
TAX RATE AVG TTM
72.36%
TAX RATE AVG 3Y
72.36%
TAX RATE AVG 5Y
29.21%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-19.50%
CURRENT VS 3Y AVG
-19.50%
CURRENT VS 5Y AVG
+99.40%
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 |
|---|---|
| 2023-06-30 | 58.25% |
| 2022-06-30 | 86.47% |
| 2019-03-31 | 1.35% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
