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 28.70% is in line with its 5-year average of 26.21%, near the low end of its 5-year range (16.19%–60.33%).
As of the fiscal period ended Friday, March 31, 2017. 26.59% below its 12-month average of 39.09%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2017 (2017-03-31): 28.70%.
TAX RATE
28.70%
TAX RATE AVG TTM
39.09%
TAX RATE AVG 3Y
33.00%
TAX RATE AVG 5Y
26.21%
TAX RATE AVG 10Y
26.88%
TAX RATE AVG 15Y
30.83%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-26.59%
CURRENT VS 3Y AVG
-13.04%
CURRENT VS 5Y AVG
+9.51%
CURRENT VS 10Y AVG
+6.76%
CURRENT VS 15Y AVG
-6.90%
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 |
|---|---|
| 2017-03-31 | 28.70% |
| 2016-06-30 | 49.49% |
| 2015-09-30 | 18.93% |
| 2015-06-30 | 21.42% |
| 2015-03-31 | 22.07% |
| 2014-12-31 | 60.33% |
| 2014-06-30 | 31.19% |
| 2014-03-31 | 31.89% |
| 2013-12-31 | 25.97% |
| 2013-09-30 | 31.91% |
| 2013-06-30 | 35.76% |
| 2013-03-31 | 32.84% |
| 2012-09-30 | 23.86% |
| 2012-06-30 | 16.19% |
| 2012-03-31 | 19.98% |
| 2011-12-31 | 5.44% |
| 2011-09-30 | 22.77% |
| 2011-06-30 | 26.02% |
| 2011-03-31 | 20.84% |
| 2010-12-31 | 39.35% |
| 2010-06-30 | 22.88% |
| 2010-03-31 | 80.83% |
| 2008-09-30 | 30.53% |
| 2008-06-30 | 21.11% |
| 2008-03-31 | 30.21% |
| 2007-12-31 | 24.47% |
| 2007-03-31 | 39.44% |
| 2006-12-31 | 34.33% |
| 2006-09-30 | 40.71% |
| 2006-06-30 | 39.28% |
| 2006-03-31 | 35.26% |
| 2005-12-31 | 36.56% |
| 2005-09-30 | 44.69% |
| 2005-06-30 | 39.74% |
| 2005-03-31 | 38.80% |
| 2004-09-30 | 40.31% |
| 2004-06-30 | 40.91% |
| 2004-03-31 | 39.45% |
| 2003-09-30 | 34.22% |
| 2003-06-30 | 6.44% |
| 2003-03-31 | 37.18% |
| 2002-12-31 | 15.70% |
| 2002-09-30 | 37.61% |
