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 1.48% is 93% below its 5-year average of 21.73%, near the low end of its 5-year range (-6.11%–91.27%).
As of the fiscal period ended Thursday, December 31, 2020.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
1.48%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
11.81%
TAX RATE AVG 5Y
21.73%
TAX RATE AVG 10Y
23.82%
TAX RATE AVG 15Y
21.28%
TAX RATE AVG 20Y
21.81%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-87.45%
CURRENT VS 5Y AVG
-93.18%
CURRENT VS 10Y AVG
-93.78%
CURRENT VS 15Y AVG
-93.04%
CURRENT VS 20Y AVG
-93.21%
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 |
|---|---|
| 2020-12-31 | 1.48% |
| 2018-12-31 | 18.34% |
| 2018-06-30 | 21.39% |
| 2017-12-31 | 6.02% |
| 2016-12-31 | 91.27% |
| 2016-09-30 | 42.27% |
| 2016-06-30 | -6.11% |
| 2015-12-31 | -0.83% |
| 2015-09-30 | 38.62% |
| 2015-06-30 | 85.87% |
| 2014-12-31 | 56.11% |
| 2014-09-30 | 21.38% |
| 2014-06-30 | 32.63% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 19.64% |
| 2013-09-30 | 28.68% |
| 2013-06-30 | 27.31% |
| 2012-12-31 | 36.41% |
| 2012-09-30 | 33.10% |
| 2012-06-30 | 33.90% |
| 2011-12-31 | 37.60% |
| 2011-09-30 | 28.51% |
| 2011-03-31 | -34.07% |
| 2010-03-31 | -17.52% |
| 2009-03-31 | 0.00% |
| 2001-03-31 | 34.47% |
| 2000-09-30 | 39.18% |
| 2000-06-30 | 38.01% |
| 2000-03-31 | 38.05% |
| 1999-09-30 | 36.87% |
