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 22.62% is in line with its 5-year average of 24.78%, near the low end of its 5-year range (21.63%–859.18%).
As of the fiscal period ended Monday, September 30, 2024. 90.32% below its 12-month average of 233.77%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2024 (2024-09-30): 22.62%.
TAX RATE
22.62%
TAX RATE AVG TTM
233.77%
TAX RATE AVG 3Y
24.94%
TAX RATE AVG 5Y
24.78%
TAX RATE AVG 10Y
29.22%
TAX RATE AVG 15Y
31.49%
TAX RATE AVG 20Y
33.50%
CURRENT VS TTM AVG
-90.32%
CURRENT VS 3Y AVG
-9.30%
CURRENT VS 5Y AVG
-8.72%
CURRENT VS 10Y AVG
-22.59%
CURRENT VS 15Y AVG
-28.16%
CURRENT VS 20Y AVG
-32.48%
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 |
|---|---|
| 2024-09-30 | 22.62% |
| 2024-03-31 | 25.66% |
| 2023-12-31 | 859.18% |
| 2023-09-30 | 27.63% |
| 2023-06-30 | 27.30% |
| 2023-03-31 | 25.72% |
| 2022-12-31 | 24.76% |
| 2022-09-30 | 22.47% |
| 2022-06-30 | 23.99% |
| 2022-03-31 | 24.25% |
| 2021-12-31 | 23.64% |
| 2021-09-30 | 26.25% |
| 2021-06-30 | 26.86% |
| 2021-03-31 | 25.66% |
| 2020-12-31 | 25.25% |
| 2020-09-30 | 22.77% |
| 2019-09-30 | 21.63% |
| 2019-06-30 | 21.00% |
| 2019-03-31 | 25.34% |
| 2018-12-31 | 23.68% |
| 2018-09-30 | 25.28% |
| 2018-06-30 | 21.57% |
| 2018-03-31 | 19.22% |
| 2017-09-30 | 38.63% |
| 2017-06-30 | 38.42% |
| 2017-03-31 | 38.91% |
| 2016-12-31 | 27.19% |
| 2016-09-30 | 38.41% |
| 2016-06-30 | 37.95% |
| 2016-03-31 | 38.11% |
| 2015-12-31 | 38.78% |
| 2015-09-30 | 38.10% |
| 2015-06-30 | 38.84% |
| 2015-03-31 | 38.81% |
| 2014-12-31 | 38.02% |
| 2014-09-30 | 39.88% |
| 2014-06-30 | 38.99% |
| 2014-03-31 | 39.82% |
| 2013-12-31 | 37.42% |
| 2013-09-30 | 39.69% |
| 2013-06-30 | 39.25% |
| 2012-09-30 | 40.55% |
| 2012-06-30 | 40.14% |
| 2012-03-31 | 39.77% |
| 2011-06-30 | 38.89% |
| 2010-06-30 | 39.70% |
| 2007-09-30 | 41.94% |
| 2007-06-30 | 40.16% |
| 2007-03-31 | 39.42% |
| 2006-12-31 | 40.07% |
| 2006-09-30 | 40.71% |
| 2006-06-30 | 40.12% |
| 2006-03-31 | 40.04% |
| 2005-12-31 | 40.43% |
| 2005-09-30 | 40.92% |
| 2005-06-30 | 40.47% |
| 2005-03-31 | 40.80% |
| 2004-12-31 | 40.45% |
| 2004-09-30 | 40.42% |
| 2004-06-30 | 41.19% |
| 2004-03-31 | 41.10% |
| 2003-12-31 | 45.06% |
| 2003-09-30 | 40.00% |
| 2003-06-30 | 39.00% |
| 2003-03-31 | 39.99% |
| 2002-12-31 | 40.00% |
| 2002-09-30 | 40.00% |
