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 34.81% is 19% above its 5-year average of 29.34%, around the middle of its 5-year range (21.00%–43.43%).
As of the fiscal period ended Tuesday, September 30, 2025. 8.39% above its 12-month average of 32.12%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2025 (2025-09-30): 34.81%.
TAX RATE
34.81%
TAX RATE AVG TTM
32.12%
TAX RATE AVG 3Y
28.75%
TAX RATE AVG 5Y
29.34%
TAX RATE AVG 10Y
29.62%
TAX RATE AVG 15Y
32.75%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+8.39%
CURRENT VS 3Y AVG
+21.10%
CURRENT VS 5Y AVG
+18.67%
CURRENT VS 10Y AVG
+17.54%
CURRENT VS 15Y AVG
+6.30%
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 |
|---|---|
| 2025-09-30 | 34.81% |
| 2025-06-30 | 23.37% |
| 2025-03-31 | 40.30% |
| 2024-09-30 | 29.99% |
| 2024-03-31 | 29.18% |
| 2023-09-30 | 25.85% |
| 2023-06-30 | 26.30% |
| 2023-03-31 | 24.90% |
| 2022-09-30 | 24.02% |
| 2022-06-30 | 26.86% |
| 2022-03-31 | 27.36% |
| 2021-12-31 | 40.58% |
| 2021-09-30 | 25.59% |
| 2021-06-30 | 21.00% |
| 2021-03-31 | 21.48% |
| 2020-12-31 | 33.69% |
| 2020-09-30 | 43.43% |
| 2020-06-30 | 36.03% |
| 2020-03-31 | 31.36% |
| 2019-12-31 | 98.61% |
| 2019-09-30 | 6.61% |
| 2019-06-30 | -1.05% |
| 2019-03-31 | 23.64% |
| 2018-12-31 | 23.29% |
| 2018-09-30 | 27.24% |
| 2018-06-30 | 22.78% |
| 2018-03-31 | 26.16% |
| 2017-12-31 | -18.00% |
| 2017-09-30 | 30.64% |
| 2017-06-30 | 35.87% |
| 2017-03-31 | 33.88% |
| 2016-12-31 | 70.62% |
| 2016-09-30 | 23.87% |
| 2016-06-30 | 32.08% |
| 2016-03-31 | 32.78% |
| 2015-12-31 | 33.40% |
| 2015-09-30 | 36.05% |
| 2015-06-30 | 36.84% |
| 2015-03-31 | 32.59% |
| 2014-12-31 | 33.11% |
| 2014-09-30 | 19.48% |
| 2014-06-30 | 37.79% |
| 2014-03-31 | 35.20% |
| 2013-12-31 | 40.26% |
| 2013-09-30 | 37.51% |
| 2013-06-30 | 38.19% |
| 2013-03-31 | 37.33% |
| 2012-12-31 | 49.80% |
| 2012-09-30 | 35.51% |
| 2012-06-30 | 39.38% |
| 2012-03-31 | 35.75% |
| 2011-12-31 | 39.19% |
| 2011-09-30 | 35.76% |
| 2011-06-30 | 42.27% |
| 2011-03-31 | 43.77% |
| 2010-12-31 | 42.70% |
| 2010-09-30 | 42.70% |
| 2010-06-30 | 42.70% |
| 2010-03-31 | 42.70% |
