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 22.22% is 28% below its 3-year average of 30.86%, near the low end of its 3-year range (21.20%–56.63%).
As of the fiscal period ended Tuesday, March 31, 2020. 5.07% below its 12-month average of 23.40%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2020 (2020-03-31): 22.22%.
TAX RATE
22.22%
TAX RATE AVG TTM
23.40%
TAX RATE AVG 3Y
30.34%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-5.07%
CURRENT VS 3Y AVG
-26.77%
CURRENT VS 5Y AVG
N/A
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 |
|---|---|
| 2020-03-31 | 22.22% |
| 2019-09-30 | 21.95% |
| 2019-03-31 | 26.04% |
| 2018-09-30 | 21.20% |
| 2018-03-31 | 56.63% |
| 2017-09-30 | 34.00% |
| 2017-03-30 | 34.00% |
