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 40.49% is 5484% above its 3-year average of 0.73%, near the low end of its 3-year range (0.00%–179.43%).
As of the fiscal period ended Monday, September 30, 2024. 254.89% above its 12-month average of 11.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2024 (2024-09-30): 40.49%.
TAX RATE
40.49%
TAX RATE AVG TTM
11.41%
TAX RATE AVG 3Y
0.73%
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
+254.89%
CURRENT VS 3Y AVG
+5483.84%
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 |
|---|---|
| 2024-09-30 | 40.49% |
| 2024-06-30 | 0.53% |
| 2024-03-31 | 1.88% |
| 2023-09-30 | 2.73% |
| 2023-06-30 | 2.11% |
| 2023-03-31 | 0.00% |
| 2022-12-31 | 179.43% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2021-09-30 | 0.00% |