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 24.97% is 10% above its 5-year average of 22.68%, near the high end of its 5-year range (17.73%–25.13%).
As of the fiscal period ended Tuesday, September 30, 2025. 7.12% above its 12-month average of 23.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2025 (2025-09-30): 24.97%.
TAX RATE
24.97%
TAX RATE AVG TTM
23.31%
TAX RATE AVG 3Y
22.23%
TAX RATE AVG 5Y
22.68%
TAX RATE AVG 10Y
22.27%
TAX RATE AVG 15Y
18.34%
TAX RATE AVG 20Y
20.93%
CURRENT VS TTM AVG
+7.12%
CURRENT VS 3Y AVG
+12.32%
CURRENT VS 5Y AVG
+10.10%
CURRENT VS 10Y AVG
+12.10%
CURRENT VS 15Y AVG
+36.17%
CURRENT VS 20Y AVG
+19.28%
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 |
|---|---|
| 2025-09-30 | 24.97% |
| 2025-06-30 | 21.35% |
| 2025-03-31 | 22.51% |
| 2024-12-31 | 24.40% |
| 2023-09-30 | 17.73% |
| 2023-06-30 | 21.34% |
| 2022-12-31 | 23.31% |
| 2022-03-31 | 25.13% |
| 2021-12-31 | 21.34% |
| 2021-06-30 | 21.10% |
| 2020-12-31 | 21.10% |
| 2020-09-30 | 22.89% |
| 2020-06-30 | 21.12% |
| 2019-12-31 | 22.61% |
| 2019-03-31 | 21.25% |
| 2018-12-31 | 26.91% |
| 2018-09-30 | 12.87% |
| 2018-06-30 | 21.03% |
| 2017-12-31 | 11.95% |
| 2017-09-30 | -18.38% |
| 2017-06-30 | 33.18% |
| 2016-12-31 | 8.55% |
| 2016-09-30 | 53.00% |
| 2016-06-30 | 32.49% |
| 2016-03-31 | 34.74% |
| 2015-12-31 | 20.83% |
| 2015-09-30 | 34.79% |
| 2015-06-30 | 20.15% |
| 2015-03-31 | 31.58% |
| 2014-12-31 | 4.19% |
| 2014-09-30 | 8.57% |
| 2014-06-30 | 11.05% |
| 2014-03-31 | 17.42% |
| 2013-12-31 | -1.18% |
| 2013-09-30 | 0.33% |
| 2013-06-30 | 1.70% |
| 2013-03-31 | 8.80% |
| 2012-12-31 | 41.11% |
| 2012-09-30 | -13.39% |
| 2012-06-30 | 8.55% |
| 2012-03-31 | 3.66% |
| 2011-12-31 | -57.58% |
| 2011-09-30 | 3.62% |
| 2011-06-30 | 42.17% |
| 2011-03-31 | 25.32% |
| 2010-12-31 | 13.99% |
| 2010-09-30 | 9.64% |
| 2010-06-30 | -20.63% |
| 2010-03-31 | 27.35% |
| 2009-12-31 | 31.34% |
| 2009-03-31 | 16.61% |
| 2008-06-30 | 26.64% |
| 2008-03-31 | 41.19% |
| 2007-12-31 | 42.37% |
| 2007-09-30 | 26.97% |
| 2007-06-30 | 52.53% |
| 2007-03-31 | 53.31% |
| 2006-12-31 | 16.27% |
| 2006-09-30 | 7.19% |
| 2006-03-31 | 30.84% |
| 2005-09-30 | -406.31% |
| 2005-06-30 | 12.41% |
| 2004-12-31 | 38.56% |
| 2004-06-30 | 21.31% |
| 2004-03-31 | 30.86% |
| 2003-12-31 | 25.13% |
| 2003-09-30 | -90.22% |
| 2003-06-30 | 29.26% |
| 2003-03-31 | 19.44% |
| 2002-06-30 | 33.71% |
| 2002-03-31 | 33.52% |
