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 30.81% is 71% below its 1-year average of 104.53%, near the low end of its 1-year range (22.44%–324.09%).
As of the fiscal period ended Sunday, March 31, 2024. 70.52% below its 12-month average of 104.53%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2024 (2024-03-31): 30.81%.
TAX RATE
30.81%
TAX RATE AVG TTM
104.53%
TAX RATE AVG 3Y
N/A
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
-70.52%
CURRENT VS 3Y AVG
N/A
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 |
|---|---|
| 2024-03-31 | 30.81% |
| 2023-09-30 | 40.80% |
| 2023-06-30 | 22.44% |
| 2023-03-31 | 324.09% |
