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 8.75% is 192% above its 1-year average of 3.00%, near the high end of its 1-year range (-0.10%–8.75%).
As of the fiscal period ended Sunday, March 31, 2024. 192.11% above its 12-month average of 3.00%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2024 (2024-03-31): 8.75%.
TAX RATE
8.75%
TAX RATE AVG TTM
3.00%
TAX RATE AVG 3Y
3.00%
TAX RATE AVG 5Y
3.00%
TAX RATE AVG 10Y
3.00%
TAX RATE AVG 15Y
-11.16%
TAX RATE AVG 20Y
3.22%
CURRENT VS TTM AVG
+192.11%
CURRENT VS 3Y AVG
+192.11%
CURRENT VS 5Y AVG
+192.11%
CURRENT VS 10Y AVG
+192.11%
CURRENT VS 15Y AVG
+178.40%
CURRENT VS 20Y AVG
+172.11%
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 |
|---|---|
| 2024-03-31 | 8.75% |
| 2023-12-31 | -0.10% |
| 2023-10-01 | 0.33% |
| 2010-10-03 | -53.63% |
| 2008-06-29 | 47.40% |
| 2005-10-02 | 8.67% |
| 2005-07-03 | 8.83% |
| 2005-04-03 | 5.47% |
