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 24.41% is 61% above its 4-year average of 15.18%, around the middle of its 4-year range (0.00%–65.85%).
As of the fiscal period ended Thursday, March 31, 2022.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2022 (2022-03-31): 24.41%.
TAX RATE
24.41%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
22.77%
TAX RATE AVG 5Y
15.18%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+7.23%
CURRENT VS 5Y AVG
+60.82%
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 |
|---|---|
| 2022-03-31 | 24.41% |
| 2020-09-30 | 0.58% |
| 2020-06-30 | 0.22% |
| 2019-12-31 | 65.85% |
| 2018-09-30 | 0.01% |
| 2018-06-30 | 0.00% |
| 2014-09-30 | 13.96% |
| 2014-06-30 | 12.71% |
| 2014-03-31 | 12.93% |
| 2013-12-31 | 4.62% |
