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 25.08% is 18% above its 5-year average of 21.25%, around the middle of its 5-year range (0.11%–65.40%).
As of the fiscal period ended Saturday, December 31, 2022. 3.44% above its 12-month average of 24.24%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2022 (2022-12-31): 25.08%.
TAX RATE
25.08%
TAX RATE AVG TTM
24.24%
TAX RATE AVG 3Y
33.20%
TAX RATE AVG 5Y
21.25%
TAX RATE AVG 10Y
16.30%
TAX RATE AVG 15Y
8.47%
TAX RATE AVG 20Y
4.57%
CURRENT VS TTM AVG
+3.44%
CURRENT VS 3Y AVG
-24.45%
CURRENT VS 5Y AVG
+18.00%
CURRENT VS 10Y AVG
+53.87%
CURRENT VS 15Y AVG
+195.98%
CURRENT VS 20Y AVG
+449.35%
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 |
|---|---|
| 2022-12-31 | 25.08% |
| 2022-06-30 | 9.87% |
| 2022-03-31 | 11.77% |
| 2021-12-31 | 50.26% |
| 2021-09-30 | 36.81% |
| 2021-06-30 | 65.40% |
| 2019-09-30 | 2.96% |
| 2019-06-30 | 0.53% |
| 2019-03-31 | 0.11% |
| 2018-06-30 | 13.03% |
| 2018-03-31 | 38.42% |
| 2017-12-31 | 0.82% |
| 2017-09-30 | 0.47% |
| 2017-06-30 | 0.50% |
| 2017-03-31 | 0.20% |
| 2016-09-30 | 4.33% |
| 2016-03-31 | 20.35% |
| 2015-12-31 | 382.61% |
| 2015-09-30 | 232.62% |
| 2015-06-30 | 161.12% |
| 2014-09-30 | 2.55% |
| 2014-06-30 | 3.40% |
| 2014-03-31 | 0.07% |
| 2013-09-30 | 47.21% |
| 2013-06-30 | 25.08% |
| 2013-03-31 | 15.67% |
| 2012-09-30 | 29.66% |
| 2011-12-31 | 12.13% |
| 2011-09-30 | -0.74% |
| 2011-06-30 | -4.57% |
| 2011-03-31 | 2.18% |
| 2010-12-31 | -9.82% |
| 2010-09-30 | 7.17% |
| 2010-06-30 | -1.66% |
| 2010-03-31 | -9.32% |
| 2009-12-31 | -4.55% |
| 2009-09-30 | -3.82% |
| 2009-06-30 | -4.61% |
| 2009-03-31 | 1.12% |
| 2008-12-31 | 4.67% |
| 2008-09-30 | 5.13% |
| 2008-06-30 | 2.83% |
| 2008-03-31 | 2.60% |
| 2007-12-31 | 1.04% |
| 2007-09-30 | 3.10% |
| 2007-06-30 | 5.67% |
| 2007-03-31 | 4.53% |
| 2006-12-31 | 0.66% |
| 2006-09-30 | 6.92% |
| 2006-06-30 | 6.64% |
| 2006-03-31 | 2.52% |
| 2005-12-31 | 4.98% |
| 2005-09-30 | 13.10% |
| 2005-06-30 | 11.10% |
| 2005-03-31 | 3.85% |
| 2004-12-31 | 1.28% |
| 2004-09-30 | 0.65% |
| 2004-06-30 | 1.35% |
| 2004-03-31 | 0.23% |
| 2002-12-31 | 80.27% |
| 2002-09-30 | -55.79% |
