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 20.95% is 15% above its 4-year average of 18.23%, near the high end of its 4-year range (6.57%–25.11%).
As of the fiscal period ended Wednesday, April 30, 2025. 6.55% above its 12-month average of 19.66%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2025 (2025-04-30): 20.95%.
TAX RATE
20.95%
TAX RATE AVG TTM
19.66%
TAX RATE AVG 3Y
21.14%
TAX RATE AVG 5Y
18.23%
TAX RATE AVG 10Y
28.81%
TAX RATE AVG 15Y
34.41%
TAX RATE AVG 20Y
36.18%
CURRENT VS TTM AVG
+6.55%
CURRENT VS 3Y AVG
-0.90%
CURRENT VS 5Y AVG
+14.94%
CURRENT VS 10Y AVG
-27.29%
CURRENT VS 15Y AVG
-39.11%
CURRENT VS 20Y AVG
-42.10%
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 |
|---|---|
| 2025-04-30 | 20.95% |
| 2024-10-31 | 18.37% |
| 2023-01-31 | 25.11% |
| 2022-10-31 | 20.13% |
| 2021-07-31 | 6.57% |
| 2019-10-31 | 36.54% |
| 2019-07-31 | 24.41% |
| 2019-04-30 | 29.16% |
| 2019-01-31 | 27.05% |
| 2018-07-31 | 130.37% |
| 2018-04-30 | 20.69% |
| 2017-10-31 | 34.69% |
| 2017-07-31 | 34.00% |
| 2017-04-30 | 33.76% |
| 2017-01-31 | 33.91% |
| 2016-10-31 | 33.33% |
| 2016-07-31 | 34.21% |
| 2016-04-30 | 35.09% |
| 2016-01-31 | 27.15% |
| 2015-10-31 | 37.32% |
| 2015-07-31 | -28.17% |
| 2015-04-30 | 43.81% |
| 2015-01-31 | 43.67% |
| 2014-10-31 | 44.59% |
| 2014-07-31 | 37.99% |
| 2014-04-30 | 25.06% |
| 2013-10-31 | 46.63% |
| 2013-07-31 | 57.43% |
| 2013-04-30 | 59.88% |
| 2012-10-31 | 40.72% |
| 2012-07-31 | 51.83% |
| 2012-04-30 | 83.49% |
| 2012-01-31 | 41.66% |
| 2011-10-31 | 24.38% |
| 2011-07-31 | 22.99% |
| 2011-04-30 | 50.73% |
| 2011-01-31 | 106.57% |
| 2010-10-31 | 45.99% |
| 2010-07-31 | -70.10% |
| 2010-04-30 | 84.02% |
| 2010-01-31 | 31.67% |
| 2009-10-31 | 34.90% |
| 2009-07-31 | 80.09% |
| 2009-04-30 | 9.96% |
| 2009-01-31 | 48.76% |
| 2008-10-31 | 55.08% |
| 2008-07-31 | 71.55% |
| 2007-07-31 | 46.08% |
| 2006-07-31 | 39.86% |
| 2006-04-30 | 18.08% |
| 2005-10-31 | 38.59% |
| 2005-07-31 | 59.99% |
| 2005-04-30 | 40.01% |
| 2005-01-31 | -201.29% |
| 2004-10-31 | 48.23% |
| 2004-07-31 | 28.36% |
| 2004-04-30 | 50.95% |
| 2004-01-31 | 46.70% |
| 2003-10-31 | 41.72% |
| 2003-07-31 | 38.98% |
| 2003-04-30 | 34.23% |
| 2003-01-31 | 47.33% |
| 2002-10-31 | 41.83% |
| 2002-07-31 | 56.84% |
