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 -4.75% is 135% below its 5-year average of 13.40%, around the middle of its 5-year range (-97.00%–84.84%).
As of the fiscal period ended Monday, September 30, 2024. 124.95% below its 12-month average of 19.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-4.75%
TAX RATE AVG TTM
19.04%
TAX RATE AVG 3Y
14.44%
TAX RATE AVG 5Y
26.03%
TAX RATE AVG 10Y
19.69%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-124.95%
CURRENT VS 3Y AVG
-132.91%
CURRENT VS 5Y AVG
-118.25%
CURRENT VS 10Y AVG
-124.13%
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 |
|---|---|
| 2024-09-30 | -4.75% |
| 2024-03-31 | 44.33% |
| 2023-09-30 | 17.55% |
| 2023-06-30 | 20.72% |
| 2023-03-31 | 30.37% |
| 2022-12-31 | 31.16% |
| 2022-09-30 | 17.12% |
| 2022-06-30 | 19.37% |
| 2022-03-31 | 24.32% |
| 2021-09-30 | -55.83% |
| 2020-09-27 | 23.14% |
| 2020-06-28 | -97.00% |
| 2020-03-29 | 32.25% |
| 2019-12-31 | 84.84% |
| 2019-09-29 | -2.15% |
| 2018-12-30 | 33.51% |
| 2018-09-29 | 8.06% |
| 2018-06-29 | -100.53% |
| 2018-03-30 | -729.52% |
| 2017-12-30 | 25.31% |
| 2017-09-29 | 50.84% |
| 2017-06-29 | 8.53% |
| 2017-03-30 | 7.26% |
| 2016-12-30 | -85.64% |
| 2016-06-29 | 17.09% |
| 2016-03-30 | 26.84% |
| 2015-12-30 | 10.86% |
| 2015-09-29 | 5.82% |
| 2015-06-29 | 7.08% |
| 2015-03-30 | 7.67% |
| 2014-12-30 | 30.07% |
| 2014-09-29 | -21.04% |
| 2014-06-29 | 8.13% |
| 2014-03-30 | 23.14% |
| 2013-12-30 | 6.32% |
| 2013-09-29 | 18.38% |
