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 -2.61% is 114% below its 4-year average of 19.12%, near the low end of its 4-year range (-2.61%–55.67%).
As of the fiscal period ended Sunday, June 30, 2024.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2024 (2024-06-30): -2.61%.
TAX RATE
-2.61%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
N/A
TAX RATE AVG 5Y
19.12%
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
N/A
CURRENT VS 5Y AVG
-113.65%
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 | -2.61% |
| 2021-03-31 | 55.67% |
| 2020-03-31 | 4.30% |
| 2018-12-31 | 25.75% |
