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 19.20% is 42% below its 5-year average of 33.28%, near the low end of its 5-year range (7.78%–168.58%).
As of the fiscal period ended Sunday, June 30, 2024. 11.89% above its 12-month average of 17.16%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.20%
TAX RATE AVG TTM
17.16%
TAX RATE AVG 3Y
15.84%
TAX RATE AVG 5Y
33.28%
TAX RATE AVG 10Y
31.15%
TAX RATE AVG 15Y
36.56%
TAX RATE AVG 20Y
35.10%
CURRENT VS TTM AVG
+11.89%
CURRENT VS 3Y AVG
+21.19%
CURRENT VS 5Y AVG
-42.31%
CURRENT VS 10Y AVG
-38.36%
CURRENT VS 15Y AVG
-47.47%
CURRENT VS 20Y AVG
-45.30%
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 |
|---|---|
| 2024-06-30 | 19.20% |
| 2023-12-31 | 12.50% |
| 2023-06-30 | 19.78% |
| 2022-12-31 | 7.78% |
| 2022-06-29 | 19.96% |
| 2020-12-31 | 11.71% |
| 2020-09-30 | 26.52% |
| 2019-12-31 | 18.24% |
| 2019-09-30 | 168.58% |
| 2019-06-30 | 28.56% |
| 2019-03-31 | 29.44% |
| 2018-12-31 | -8.33% |
| 2018-09-30 | 35.02% |
| 2018-06-30 | 34.38% |
| 2018-03-31 | 18.12% |
| 2017-12-31 | 40.22% |
| 2017-09-30 | 36.81% |
| 2017-06-30 | 49.93% |
| 2017-03-31 | 40.04% |
| 2016-12-31 | 55.97% |
| 2016-09-30 | 25.46% |
| 2016-06-30 | 43.59% |
| 2016-03-31 | 39.87% |
| 2015-06-30 | 53.81% |
| 2015-03-31 | 50.54% |
| 2014-12-31 | 20.60% |
| 2014-09-30 | 54.70% |
| 2014-06-30 | 56.70% |
| 2013-09-30 | 48.50% |
| 2013-06-30 | 21.62% |
| 2013-03-31 | 80.63% |
| 2012-12-31 | 22.86% |
| 2012-09-30 | 40.54% |
| 2012-06-30 | 32.71% |
| 2012-03-31 | 27.12% |
| 2011-12-31 | 31.88% |
| 2011-09-30 | 60.28% |
| 2011-06-30 | 9.11% |
| 2011-03-31 | 75.82% |
| 2010-09-30 | 56.32% |
| 2010-06-30 | 69.79% |
| 2010-03-31 | 113.38% |
| 2009-09-30 | 80.47% |
| 2008-09-30 | 30.67% |
| 2008-06-30 | 32.36% |
| 2008-03-31 | 32.86% |
| 2007-12-31 | 14.96% |
| 2007-09-30 | 27.01% |
| 2007-06-30 | 28.38% |
| 2007-03-31 | 34.42% |
| 2006-12-31 | 13.09% |
| 2006-09-30 | 38.80% |
| 2006-06-30 | 39.05% |
| 2006-03-31 | 34.88% |
| 2001-06-30 | 44.93% |
| 2000-06-30 | 67.79% |
| 1999-06-30 | 1.57% |
