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 -9.17% is 170% below its 4-year average of 13.05%, near the low end of its 4-year range (-9.17%–23.91%).
As of the fiscal period ended Monday, September 30, 2024. 182.00% below its 12-month average of 11.19%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-9.17%
TAX RATE AVG TTM
11.19%
TAX RATE AVG 3Y
19.99%
TAX RATE AVG 5Y
13.05%
TAX RATE AVG 10Y
10.58%
TAX RATE AVG 15Y
11.88%
TAX RATE AVG 20Y
16.97%
CURRENT VS TTM AVG
-182.00%
CURRENT VS 3Y AVG
-145.89%
CURRENT VS 5Y AVG
-170.30%
CURRENT VS 10Y AVG
-186.70%
CURRENT VS 15Y AVG
-177.23%
CURRENT VS 20Y AVG
-154.06%
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 | -9.17% |
| 2024-06-30 | 23.43% |
| 2024-03-31 | 18.18% |
| 2023-09-30 | 12.32% |
| 2023-06-30 | 23.19% |
| 2023-03-31 | 20.40% |
| 2022-12-31 | 22.67% |
| 2022-09-30 | 23.91% |
| 2022-06-30 | 22.50% |
| 2022-03-31 | 21.81% |
| 2021-12-31 | -5.32% |
| 2021-09-30 | 11.49% |
| 2021-06-30 | -3.79% |
| 2021-03-31 | 1.09% |
| 2019-06-30 | -11.48% |
| 2019-03-31 | 12.90% |
| 2018-12-31 | -133.99% |
| 2018-09-30 | 7.32% |
| 2018-06-30 | 5.31% |
| 2018-03-31 | 5.26% |
| 2017-12-31 | -127.14% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | -6.53% |
| 2016-09-30 | 27.14% |
| 2014-12-31 | 20.75% |
| 2014-03-31 | 1.89% |
| 2012-09-30 | -158.82% |
| 2012-06-30 | 40.94% |
| 2011-09-30 | 60.00% |
| 2011-06-30 | 22.65% |
| 2010-06-30 | 150.00% |
| 2008-12-31 | 39.92% |
| 2008-09-30 | 26.46% |
| 2008-06-30 | 27.45% |
| 2008-03-31 | 19.46% |
| 2007-12-31 | 43.06% |
| 2007-09-30 | 20.12% |
| 2007-06-30 | 14.85% |
| 2007-03-31 | 19.35% |
| 2006-12-31 | 2.22% |
| 2006-09-30 | 24.55% |
| 2006-06-30 | 18.20% |
| 2006-03-31 | 25.50% |
| 2005-12-31 | 44.28% |
| 2005-09-30 | 19.58% |
| 2005-06-30 | 26.57% |
| 2005-03-31 | 25.08% |
| 2004-12-31 | 15.44% |
| 2004-09-30 | 25.71% |
| 2004-06-30 | 28.48% |
| 2004-03-31 | 51.52% |
| 2003-06-30 | -5.56% |
| 2002-09-30 | 1.85% |
| 2002-06-30 | 3.57% |
