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 -1.27% is 106% below its 5-year average of 19.58%, near the low end of its 5-year range (-4.67%–46.12%).
As of the fiscal period ended Thursday, March 31, 2022.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2022 (2022-03-31): -1.27%.
TAX RATE
-1.27%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
15.86%
TAX RATE AVG 5Y
19.58%
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
-108.00%
CURRENT VS 5Y AVG
-106.48%
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 |
|---|---|
| 2022-03-31 | -1.27% |
| 2019-12-31 | 23.06% |
| 2019-09-30 | 10.68% |
| 2019-06-30 | 30.18% |
| 2019-03-31 | 16.67% |
| 2018-12-31 | -4.67% |
| 2018-09-30 | 26.09% |
| 2018-06-30 | 0.08% |
| 2018-03-31 | 28.63% |
| 2017-12-31 | 46.12% |
| 2017-09-30 | 30.43% |
| 2017-03-31 | 28.97% |
| 2016-12-31 | 17.85% |
| 2016-09-30 | 14.57% |
| 2016-06-30 | 29.37% |
| 2016-03-31 | 30.83% |
| 2015-12-31 | 53.81% |
| 2015-09-30 | 23.59% |
| 2015-06-30 | 37.65% |
| 2015-03-31 | 35.61% |
| 2014-09-30 | 44.24% |
| 2014-03-31 | 170.45% |
| 2013-12-31 | -35.81% |
