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 25.16% is 27% above its 4-year average of 19.75%, near the high end of its 4-year range (4.95%–25.16%).
As of the fiscal period ended Sunday, June 30, 2024. 35.47% above its 12-month average of 18.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-06-30): 25.16%.
TAX RATE
25.16%
TAX RATE AVG TTM
18.57%
TAX RATE AVG 3Y
19.23%
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
+35.47%
CURRENT VS 3Y AVG
+30.85%
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 |
|---|---|
| 2024-06-30 | 25.16% |
| 2024-03-31 | 25.16% |
| 2023-12-31 | 23.35% |
| 2023-09-30 | 4.95% |
| 2023-06-30 | 14.22% |
| 2023-03-31 | 14.24% |
| 2022-12-31 | 20.40% |
| 2022-09-30 | 20.40% |
| 2022-06-30 | 16.59% |
| 2022-03-31 | 16.59% |
| 2021-12-31 | 17.75% |
| 2021-09-30 | 17.75% |
| 2021-06-30 | 19.09% |
| 2021-03-31 | 19.09% |
| 2020-12-31 | 23.24% |
| 2020-09-30 | 23.24% |
