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 35.17% is 21% above its 5-year average of 29.17%, near the high end of its 5-year range (22.82%–36.91%).
As of the fiscal period ended Thursday, December 31, 2020.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2020 (2020-12-31): 35.17%.
TAX RATE
35.17%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
30.03%
TAX RATE AVG 5Y
29.17%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+17.12%
CURRENT VS 5Y AVG
+20.56%
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 |
|---|---|
| 2020-12-31 | 35.17% |
| 2018-12-31 | 25.68% |
| 2018-06-30 | 25.74% |
| 2017-12-31 | 33.52% |
| 2017-06-30 | 22.82% |
| 2016-12-31 | 36.91% |
| 2016-06-30 | 24.36% |
