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 12.81% is 27% below its 1-year average of 17.49%, near the low end of its 1-year range (12.81%–22.17%).
As of the fiscal period ended Sunday, December 31, 2023. 26.77% below its 12-month average of 17.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2023 (2023-12-31): 12.81%.
TAX RATE
12.81%
TAX RATE AVG TTM
17.49%
TAX RATE AVG 3Y
17.49%
TAX RATE AVG 5Y
17.49%
TAX RATE AVG 10Y
30.77%
TAX RATE AVG 15Y
32.18%
TAX RATE AVG 20Y
29.78%
CURRENT VS TTM AVG
-26.77%
CURRENT VS 3Y AVG
-26.77%
CURRENT VS 5Y AVG
-26.77%
CURRENT VS 10Y AVG
-58.38%
CURRENT VS 15Y AVG
-60.21%
CURRENT VS 20Y AVG
-57.00%
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 |
|---|---|
| 2023-12-31 | 12.81% |
| 2022-12-31 | 22.17% |
| 2016-09-30 | 20.67% |
| 2016-06-30 | 31.98% |
| 2016-03-31 | 31.01% |
| 2015-12-31 | 39.70% |
| 2015-09-30 | 32.14% |
| 2015-06-30 | 36.29% |
| 2015-03-31 | 36.50% |
| 2014-12-31 | 19.99% |
| 2014-09-30 | 47.46% |
| 2014-06-30 | 20.54% |
| 2014-03-31 | 42.05% |
| 2013-12-31 | 37.44% |
| 2013-09-30 | 30.39% |
| 2013-06-30 | 32.27% |
| 2013-03-31 | 30.71% |
| 2012-12-31 | 37.32% |
| 2012-09-30 | 32.89% |
| 2012-06-30 | 48.61% |
| 2012-03-31 | 37.69% |
| 2011-12-31 | 33.35% |
| 2011-09-30 | 37.06% |
| 2011-06-30 | 29.73% |
| 2011-03-31 | 33.50% |
| 2010-09-30 | -24.46% |
| 2010-06-30 | 32.12% |
| 2010-03-31 | 33.23% |
| 2009-06-30 | -265.85% |
| 2009-03-31 | 23.65% |
| 2008-12-31 | 30.01% |
| 2008-09-30 | 39.46% |
| 2008-03-31 | 24.00% |
| 2007-12-31 | 20.13% |
| 2007-06-30 | 6.81% |
| 2007-03-31 | 14.82% |
| 2006-12-31 | 12.55% |
| 2006-09-30 | -3.06% |
| 2005-09-30 | 42.08% |
| 2005-03-31 | 1000.00% |
| 2004-12-31 | 41.43% |
| 2002-06-30 | 30.34% |
| 2002-03-31 | 32.84% |
| 2001-12-31 | 37.30% |
| 2001-09-30 | 38.15% |
| 2001-06-30 | 37.07% |
| 2001-03-31 | 37.30% |
