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 32.40% is 30% above its 5-year average of 24.91%, around the middle of its 5-year range (-2.20%–90.65%).
As of the fiscal period ended Tuesday, September 30, 2025. 32.39% above its 12-month average of 24.48%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
32.40%
TAX RATE AVG TTM
24.48%
TAX RATE AVG 3Y
27.44%
TAX RATE AVG 5Y
24.91%
TAX RATE AVG 10Y
9.51%
TAX RATE AVG 15Y
17.97%
TAX RATE AVG 20Y
15.45%
CURRENT VS TTM AVG
+32.39%
CURRENT VS 3Y AVG
+18.08%
CURRENT VS 5Y AVG
+30.10%
CURRENT VS 10Y AVG
+240.65%
CURRENT VS 15Y AVG
+80.37%
CURRENT VS 20Y AVG
+109.68%
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 |
|---|---|
| 2025-09-30 | 32.40% |
| 2025-03-31 | 30.79% |
| 2024-09-30 | 10.24% |
| 2024-06-30 | 64.27% |
| 2023-06-30 | -0.48% |
| 2022-06-30 | 90.65% |
| 2021-09-30 | 14.88% |
| 2021-06-30 | -1.00% |
| 2021-03-31 | 32.73% |
| 2020-12-31 | -2.20% |
| 2020-09-30 | 1.70% |
| 2020-06-30 | 3.57% |
| 2019-09-30 | 31.66% |
| 2019-06-30 | 0.97% |
| 2018-09-30 | 0.08% |
| 2018-06-30 | 0.24% |
| 2018-03-31 | 0.17% |
| 2017-12-31 | 14.57% |
| 2017-09-30 | 0.05% |
| 2016-06-30 | 7.14% |
| 2016-03-31 | 6.63% |
| 2015-12-31 | 13.58% |
| 2015-09-30 | 2.04% |
| 2014-06-30 | 35.79% |
| 2013-12-31 | 70.15% |
| 2011-06-30 | 59.86% |
| 2011-03-31 | 19.68% |
| 2010-12-31 | 30.43% |
| 2010-09-30 | 23.08% |
| 2010-06-30 | 24.35% |
| 2010-03-31 | 23.65% |
| 2008-09-30 | 16.66% |
| 2008-06-30 | 21.92% |
| 2008-03-31 | 16.72% |
| 2007-12-31 | -41.82% |
| 2007-09-30 | -6.77% |
| 2007-06-30 | -1.41% |
