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 51.87% is 109% above its 3-year average of 24.81%, near the high end of its 3-year range (3.46%–60.48%).
As of the fiscal period ended Monday, March 31, 2025. 10.95% above its 12-month average of 46.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2025 (2025-03-31): 51.87%.
TAX RATE
51.87%
TAX RATE AVG TTM
46.75%
TAX RATE AVG 3Y
24.81%
TAX RATE AVG 5Y
24.81%
TAX RATE AVG 10Y
26.57%
TAX RATE AVG 15Y
36.31%
TAX RATE AVG 20Y
35.95%
CURRENT VS TTM AVG
+10.95%
CURRENT VS 3Y AVG
+109.05%
CURRENT VS 5Y AVG
+109.05%
CURRENT VS 10Y AVG
+95.20%
CURRENT VS 15Y AVG
+42.83%
CURRENT VS 20Y AVG
+44.26%
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 |
|---|---|
| 2025-03-31 | 51.87% |
| 2024-06-30 | 60.48% |
| 2024-03-31 | 27.89% |
| 2023-12-31 | 33.59% |
| 2023-06-30 | 13.99% |
| 2023-03-31 | 16.84% |
| 2022-12-31 | 7.65% |
| 2022-09-30 | 3.46% |
| 2022-06-30 | 7.52% |
| 2015-03-31 | 42.41% |
| 2014-12-31 | 41.72% |
| 2014-09-30 | 32.11% |
| 2014-06-30 | 32.31% |
| 2014-03-31 | 32.73% |
| 2013-12-31 | 36.35% |
| 2013-09-30 | 36.78% |
| 2013-06-30 | 36.59% |
| 2013-03-31 | 36.36% |
| 2012-12-31 | 37.68% |
| 2012-09-30 | 38.16% |
| 2012-06-30 | 36.56% |
| 2012-03-31 | 36.50% |
| 2011-12-31 | 37.23% |
| 2011-09-30 | 36.43% |
| 2011-06-30 | 36.45% |
| 2011-03-31 | 37.08% |
| 2010-12-31 | 40.12% |
| 2010-09-30 | 36.97% |
| 2010-06-30 | 35.71% |
| 2010-03-31 | 37.45% |
| 2009-03-31 | 36.07% |
| 2008-12-31 | 38.67% |
| 2008-09-30 | 34.41% |
| 2008-06-30 | 35.99% |
| 2008-03-31 | 35.67% |
| 2007-12-31 | 35.35% |
| 2007-09-30 | 32.23% |
| 2007-06-30 | 35.05% |
| 2007-03-31 | 35.46% |
| 2006-12-31 | 35.43% |
| 2006-09-30 | 34.18% |
| 2006-06-30 | 36.69% |
| 2006-03-31 | 36.05% |
| 2005-12-31 | 35.04% |
| 2005-09-30 | 36.86% |
| 2005-06-30 | 36.86% |
| 2005-03-31 | 37.06% |
| 2004-12-31 | 36.27% |
| 2004-09-30 | 37.08% |
| 2004-06-30 | 37.00% |
| 2004-03-31 | 36.89% |
| 2003-12-31 | 34.34% |
| 2003-09-30 | 38.00% |
| 2003-06-30 | 38.00% |
| 2003-03-31 | 38.00% |
| 2002-12-31 | 38.45% |
| 2002-09-30 | 65.22% |
