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 19.10% is 52% below its 5-year average of 40.14%, near the low end of its 5-year range (-3.45%–163.04%).
As of the fiscal period ended Sunday, December 31, 2023. 10.37% above its 12-month average of 17.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2023 (2023-12-31): 19.10%.
TAX RATE
19.10%
TAX RATE AVG TTM
17.31%
TAX RATE AVG 3Y
48.60%
TAX RATE AVG 5Y
40.14%
TAX RATE AVG 10Y
8.59%
TAX RATE AVG 15Y
10.34%
TAX RATE AVG 20Y
9.04%
CURRENT VS TTM AVG
+10.37%
CURRENT VS 3Y AVG
-60.70%
CURRENT VS 5Y AVG
-52.42%
CURRENT VS 10Y AVG
+122.32%
CURRENT VS 15Y AVG
+84.65%
CURRENT VS 20Y AVG
+111.22%
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 | 19.10% |
| 2023-06-30 | 26.65% |
| 2023-03-31 | 26.92% |
| 2022-12-31 | -3.45% |
| 2022-09-30 | 17.61% |
| 2021-09-30 | 90.32% |
| 2021-06-30 | 163.04% |
| 2019-06-30 | 17.53% |
| 2018-12-31 | 3.57% |
| 2018-10-31 | 34.48% |
| 2018-08-08 | 7.95% |
| 2018-03-31 | 25.71% |
| 2017-12-31 | -47.55% |
| 2017-09-30 | 5.88% |
| 2017-06-30 | 6.66% |
| 2017-03-31 | 1.21% |
| 2016-12-31 | 3.08% |
| 2016-09-30 | 0.64% |
| 2016-06-30 | 1.55% |
| 2015-12-31 | -9.39% |
| 2015-09-30 | 3.73% |
| 2015-06-30 | -2.04% |
| 2015-03-30 | 15.52% |
| 2014-12-31 | -6.08% |
| 2014-09-30 | -0.78% |
| 2014-06-30 | 1.54% |
| 2013-09-30 | -26.96% |
| 2011-09-30 | 33.33% |
| 2011-06-30 | 20.87% |
| 2011-03-31 | 13.92% |
| 2010-12-31 | 4.38% |
| 2010-09-30 | 10.53% |
| 2010-06-30 | 4.98% |
| 2010-03-31 | 12.58% |
| 2009-09-30 | 22.48% |
| 2008-12-31 | -420.00% |
| 2008-09-30 | 6.94% |
| 2008-06-30 | 1.55% |
| 2008-03-31 | 1.20% |
| 2007-12-31 | -0.73% |
| 2007-09-30 | -0.06% |
| 2006-12-31 | -4.24% |
| 2005-12-31 | 3.71% |
| 2005-09-30 | -4.10% |
| 2005-06-30 | 66.46% |
| 2005-03-31 | 13.33% |
| 2004-09-30 | 1.06% |
| 2004-06-30 | 27.78% |
| 2004-03-31 | 17.09% |
| 2003-12-31 | 13.69% |
| 2003-09-30 | -55.61% |
| 2003-06-30 | 22.07% |
| 2003-03-31 | 3.35% |
| 2002-12-31 | -34.95% |
