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 -12.33% is 138% below its 5-year average of 32.80%, around the middle of its 5-year range (-68.51%–49.17%).
As of the fiscal period ended Thursday, February 28, 2019. 688.59% below its 12-month average of 2.09%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2019 (2019-02-28): -12.33%.
TAX RATE
-12.33%
TAX RATE AVG TTM
2.09%
TAX RATE AVG 3Y
4.84%
TAX RATE AVG 5Y
32.80%
TAX RATE AVG 10Y
21.46%
TAX RATE AVG 15Y
25.91%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-688.59%
CURRENT VS 3Y AVG
-354.50%
CURRENT VS 5Y AVG
-137.59%
CURRENT VS 10Y AVG
-157.45%
CURRENT VS 15Y AVG
-147.59%
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 |
|---|---|
| 2019-02-28 | -12.33% |
| 2018-05-31 | 16.52% |
| 2017-11-30 | 21.53% |
| 2017-08-31 | 22.68% |
| 2016-08-31 | 49.17% |
| 2016-02-29 | -68.51% |
| 2015-11-30 | 38.25% |
| 2015-08-31 | 37.03% |
| 2015-05-31 | 36.71% |
| 2015-02-28 | 26.23% |
| 2014-11-30 | 37.38% |
| 2014-08-31 | 34.82% |
| 2014-05-31 | 40.38% |
| 2014-02-28 | 32.92% |
| 2013-11-30 | 29.35% |
| 2013-08-31 | 39.18% |
| 2013-05-31 | 37.78% |
| 2013-02-28 | -857.73% |
| 2012-11-30 | 0.46% |
| 2012-08-31 | 0.46% |
| 2012-05-31 | 0.21% |
| 2012-02-28 | 1.08% |
| 2011-11-26 | 1.62% |
| 2011-08-27 | 0.44% |
| 2011-05-28 | 1.70% |
| 2011-02-28 | -131.30% |
| 2007-03-03 | -57.08% |
| 2006-11-30 | 31.66% |
| 2006-08-31 | 43.24% |
| 2006-02-28 | 41.67% |
| 2005-11-30 | 39.87% |
| 2005-08-31 | 39.87% |
| 2005-05-31 | 40.49% |
| 2005-02-28 | 36.14% |
| 2004-11-30 | 37.80% |
| 2004-08-31 | 37.84% |
| 2004-05-31 | 40.01% |
| 2004-02-28 | -1.23% |
| 2003-11-30 | 9.92% |
| 2003-08-31 | 6.47% |
| 2003-03-01 | 27.48% |
| 2002-11-30 | 41.12% |
| 2002-08-31 | 34.06% |
