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 56.82% is 40% above its 4-year average of 40.53%, around the middle of its 4-year range (-84.78%–287.50%).
As of the fiscal period ended Monday, March 31, 2025. 20.25% below its 12-month average of 71.25%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
56.82%
TAX RATE AVG TTM
71.25%
TAX RATE AVG 3Y
53.83%
TAX RATE AVG 5Y
27.92%
TAX RATE AVG 10Y
20.81%
TAX RATE AVG 15Y
20.30%
TAX RATE AVG 20Y
21.86%
CURRENT VS TTM AVG
-20.25%
CURRENT VS 3Y AVG
+5.56%
CURRENT VS 5Y AVG
+103.48%
CURRENT VS 10Y AVG
+172.98%
CURRENT VS 15Y AVG
+179.94%
CURRENT VS 20Y AVG
+159.93%
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 | 56.82% |
| 2024-06-30 | 111.76% |
| 2024-03-31 | 45.16% |
| 2023-12-31 | -26.32% |
| 2023-06-30 | -84.78% |
| 2022-12-31 | 287.50% |
| 2022-06-30 | 19.78% |
| 2022-03-31 | 20.69% |
| 2021-12-31 | 26.09% |
| 2021-09-30 | 25.66% |
| 2021-06-30 | 26.72% |
| 2021-03-31 | 22.76% |
| 2020-12-31 | 19.77% |
| 2020-09-30 | 15.79% |
| 2019-12-31 | 25.45% |
| 2019-09-30 | 20.19% |
| 2019-06-30 | 23.53% |
| 2019-03-31 | 27.14% |
| 2018-12-31 | 98.06% |
| 2018-09-30 | 13.25% |
| 2018-03-31 | 14.45% |
| 2017-09-30 | 7.27% |
| 2017-03-31 | 22.06% |
| 2016-12-31 | 18.57% |
| 2016-09-30 | 21.18% |
| 2016-06-30 | 14.46% |
| 2016-03-31 | -85.91% |
| 2015-12-31 | 19.09% |
| 2015-09-30 | 21.03% |
| 2015-06-30 | 32.17% |
| 2015-03-31 | 21.63% |
| 2014-12-31 | 11.92% |
| 2014-09-30 | 21.83% |
| 2014-06-30 | 22.40% |
| 2014-03-31 | 23.47% |
| 2013-12-31 | 14.28% |
| 2013-09-30 | 14.01% |
| 2013-06-30 | 20.91% |
| 2013-03-31 | 4.55% |
| 2012-12-31 | -46.02% |
| 2012-09-30 | -25.02% |
| 2012-06-30 | 15.56% |
| 2012-03-31 | 20.10% |
| 2011-12-31 | 19.67% |
| 2011-09-30 | -214.10% |
| 2011-06-30 | 19.43% |
| 2011-03-31 | 25.23% |
| 2010-12-31 | 23.85% |
| 2010-09-30 | 25.01% |
| 2010-06-30 | 25.45% |
| 2010-03-31 | 25.47% |
| 2009-12-31 | 23.51% |
| 2009-09-30 | 22.76% |
| 2009-06-30 | 25.72% |
| 2009-03-31 | 26.07% |
| 2008-12-31 | 5.82% |
| 2008-09-30 | 12.23% |
| 2008-06-30 | 28.47% |
| 2008-03-31 | 28.15% |
| 2007-12-31 | 27.95% |
| 2007-09-30 | 19.70% |
| 2007-06-30 | 31.57% |
| 2007-03-31 | 29.95% |
| 2006-12-31 | 17.87% |
| 2006-09-30 | 37.00% |
| 2006-06-30 | 31.08% |
| 2006-03-31 | 29.78% |
| 2005-06-30 | 28.04% |
| 2005-03-31 | 30.28% |
| 2004-12-31 | 7.60% |
| 2004-09-30 | 25.93% |
| 2004-06-30 | 31.97% |
| 2004-03-31 | 29.16% |
| 2003-12-31 | 32.12% |
| 2003-09-30 | 32.43% |
| 2003-06-30 | 32.47% |
| 2003-03-31 | 32.53% |
| 2002-12-31 | 33.00% |
| 2002-09-30 | 31.08% |
| 2002-06-30 | 34.00% |