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 268.81% is 1740% above its 5-year average of 14.61%, near the high end of its 5-year range (-104.60%–340.05%).
As of the fiscal period ended Friday, March 31, 2023. 28.27% above its 12-month average of 209.56%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2023 (2023-03-31): 268.81%.
TAX RATE
268.81%
TAX RATE AVG TTM
209.56%
TAX RATE AVG 3Y
78.39%
TAX RATE AVG 5Y
14.61%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+28.27%
CURRENT VS 3Y AVG
+242.92%
CURRENT VS 5Y AVG
+1739.64%
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 |
|---|---|
| 2023-03-31 | 268.81% |
| 2022-06-30 | 19.83% |
| 2022-03-31 | 340.05% |
| 2021-09-30 | 31.75% |
| 2021-06-30 | 40.44% |
| 2021-03-31 | 6.81% |
| 2020-12-31 | -14.25% |
| 2020-09-30 | 23.96% |
| 2020-03-31 | -11.90% |
| 2019-03-31 | 253.32% |
| 2018-12-31 | 19.90% |
| 2018-09-30 | 22.15% |
| 2018-06-30 | -104.60% |
| 2018-03-31 | 7.43% |
| 2017-12-31 | 127.10% |
| 2017-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
