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 32.00% is 54% below its 3-year average of 69.00%, near the low end of its 3-year range (16.17%–223.13%).
As of the fiscal period ended Sunday, September 29, 2024.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2024 (2024-09-29): 32.00%.
TAX RATE
32.00%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
30.47%
TAX RATE AVG 5Y
69.00%
TAX RATE AVG 10Y
36.17%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+5.02%
CURRENT VS 5Y AVG
-53.63%
CURRENT VS 10Y AVG
-11.55%
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 |
|---|---|
| 2024-09-29 | 32.00% |
| 2023-04-02 | 16.17% |
| 2022-04-03 | 37.04% |
| 2021-12-31 | 36.66% |
| 2021-03-31 | 223.13% |
| 2016-05-01 | 39.35% |
| 2016-01-31 | 24.76% |
| 2015-11-01 | 42.37% |
| 2015-08-02 | 43.71% |
| 2015-05-03 | 38.09% |
| 2015-02-01 | 31.39% |
| 2014-11-02 | 36.37% |
| 2014-08-03 | 40.19% |
| 2014-05-04 | 40.83% |
| 2014-02-02 | -61.70% |
| 2013-11-03 | 43.00% |
| 2013-08-04 | 49.21% |
| 2013-05-05 | 45.77% |
| 2013-02-03 | 40.62% |
| 2012-10-28 | 43.16% |
| 2012-07-29 | 44.62% |
| 2012-04-29 | 42.56% |
| 2011-10-30 | 9.50% |
