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 -5.05% is 513% below its 1-year average of 1.22%, near the low end of its 1-year range (-5.05%–7.50%).
As of the fiscal period ended Saturday, September 30, 2023. 513.13% below its 12-month average of 1.22%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
Limited quarterly history available
Tax Rate needs at least three reported quarters before a meaningful chart is shown.
TAX RATE
-5.05%
TAX RATE AVG TTM
1.22%
TAX RATE AVG 3Y
N/A
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
-513.13%
CURRENT VS 3Y AVG
N/A
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 |
|---|---|
| 2023-09-30 | -5.05% |
| 2022-09-30 | 7.50% |
