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{
"etr_by_year": {
"2025-06-30": 0.2083,
"2024-06-30": 0.2048,
"2023-06-30": 0.2067
},
"statutory_rate": 0.21,
"gap_by_year": {
"2025-06-30": 0.0017,
"2024-06-30": 0.0052,
"2023-06-30": 0.0033
},
"note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
"stale": false,
"latest_filing_period": "2025-06-30",
"source": {
"url": "https://www.sec.gov/Archives/edgar/data/916907/000155837025012001/0001558370-25-012001-index.htm",
"form": "10-K",
"filed": "2025-09-11"
}
}