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 2.86% is 77% below its 4-year average of 12.36%, near the low end of its 4-year range (0.08%–78.05%).
As of the fiscal period ended Monday, March 31, 2025. 92.94% below its 12-month average of 40.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2025 (2025-03-31): 2.86%.
TAX RATE
2.86%
TAX RATE AVG TTM
40.45%
TAX RATE AVG 3Y
17.15%
TAX RATE AVG 5Y
12.36%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-92.94%
CURRENT VS 3Y AVG
-83.35%
CURRENT VS 5Y AVG
-76.89%
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 |
|---|---|
| 2025-03-31 | 2.86% |
| 2024-09-30 | 78.05% |
| 2023-12-31 | 0.70% |
| 2022-06-30 | 4.03% |
| 2022-03-31 | 0.12% |
| 2021-06-30 | 0.68% |
| 2021-03-31 | 0.08% |
| 2019-12-31 | 18.52% |
| 2019-09-30 | 17.41% |
| 2019-06-30 | -34.52% |
| 2017-03-31 | 16.29% |
