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 8.71% is 77% below its 5-year average of 38.27%, near the low end of its 5-year range (-23.28%–292.17%).
As of the fiscal period ended Tuesday, December 31, 2024. 69.20% below its 12-month average of 28.30%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2025 (2024-12-31): 8.71%.
TAX RATE
8.71%
TAX RATE AVG TTM
28.30%
TAX RATE AVG 3Y
64.80%
TAX RATE AVG 5Y
38.27%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-69.20%
CURRENT VS 3Y AVG
-86.55%
CURRENT VS 5Y AVG
-77.23%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
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 |
|---|---|
| 2024-12-31 | 8.71% |
| 2024-03-31 | -10.84% |
| 2023-12-31 | 87.02% |
| 2023-03-31 | -23.28% |
| 2022-09-30 | 56.17% |
| 2022-06-30 | 292.17% |
| 2021-12-31 | 43.68% |
| 2021-09-30 | 53.40% |
| 2021-06-30 | 85.52% |
| 2020-12-31 | 68.88% |
| 2020-06-30 | 30.37% |
| 2019-12-31 | 21.40% |
| 2019-06-30 | 154.35% |
| 2019-01-31 | 0.00% |
| 2018-10-31 | 0.00% |
| 2018-07-31 | 0.00% |
