Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of -0.23% is 112% below its 3-year average of 1.92%, around the middle of its 3-year range (-8.39%–10.82%).
As of the fiscal period ended Sunday, June 30, 2024. 94.66% above its 12-month average of -4.31%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2024-06-30.
TAX RATE
-0.23%
TAX RATE AVG TTM
-4.31%
TAX RATE AVG 3Y
1.92%
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
+94.66%
CURRENT VS 3Y AVG
-111.95%
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 |
|---|---|
| 2024-06-30 | -0.23% |
| 2023-06-30 | -8.39% |
| 2022-06-30 | 5.50% |
| 2021-06-30 | 10.82% |
