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 9.78% is 254% above its 4-year average of 2.76%, near the high end of its 4-year range (0.00%–9.78%).
As of the fiscal period ended Thursday, December 31, 2020. 143.43% above its 12-month average of 4.02%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2020 (2020-12-31): 9.78%.
TAX RATE
9.78%
TAX RATE AVG TTM
4.02%
TAX RATE AVG 3Y
3.15%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+143.43%
CURRENT VS 3Y AVG
+210.16%
CURRENT VS 5Y AVG
N/A
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 |
|---|---|
| 2020-12-31 | 9.78% |
| 2020-09-30 | 0.65% |
| 2020-06-30 | 2.15% |
| 2020-03-31 | 2.56% |
| 2019-12-31 | 4.95% |
| 2019-09-30 | 1.77% |
| 2019-06-30 | 0.22% |
| 2016-09-30 | 0.00% |