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 18.32% is 153% above its 5-year average of 7.24%, near the high end of its 5-year range (1.88%–18.32%).
As of the fiscal period ended Sunday, March 31, 2024. 57.14% above its 12-month average of 11.66%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-03-31): 18.32%.
TAX RATE
18.32%
TAX RATE AVG TTM
11.66%
TAX RATE AVG 3Y
8.79%
TAX RATE AVG 5Y
7.24%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+57.14%
CURRENT VS 3Y AVG
+108.40%
CURRENT VS 5Y AVG
+152.99%
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 |
|---|---|
| 2024-03-31 | 18.32% |
| 2023-09-30 | 8.24% |
| 2023-03-31 | 8.42% |
| 2022-09-30 | 6.61% |
| 2022-03-31 | 3.48% |
| 2021-09-30 | 9.36% |
| 2021-03-31 | 7.12% |
| 2020-09-30 | 7.12% |
| 2020-03-31 | 1.88% |
| 2019-09-30 | 1.88% |
