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 48.51% is in line with its 5-year average of 47.95%, around the middle of its 5-year range (-222.99%–308.96%).
As of the fiscal period ended Tuesday, December 31, 2024. 34.54% above its 12-month average of 36.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-12-31): 48.51%.
TAX RATE
48.51%
TAX RATE AVG TTM
36.06%
TAX RATE AVG 3Y
39.38%
TAX RATE AVG 5Y
47.95%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+34.54%
CURRENT VS 3Y AVG
+23.20%
CURRENT VS 5Y AVG
+1.17%
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 |
|---|---|
| 2024-12-31 | 48.51% |
| 2024-09-30 | 48.51% |
| 2023-12-31 | 11.15% |
| 2023-09-30 | 11.15% |
| 2022-12-31 | 58.47% |
| 2022-09-30 | 58.47% |
| 2021-06-30 | 36.92% |
| 2020-12-31 | -222.99% |
| 2020-09-30 | 308.96% |
| 2020-06-30 | 36.92% |
| 2019-12-31 | 131.42% |
| 2019-09-30 | 62.76% |
| 2019-06-30 | 23.26% |
| 2018-06-30 | -8.47% |
| 2018-03-31 | -8.47% |
