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 36.40% is in line with its 3-year average of 39.30%, near the low end of its 3-year range (0.00%–151.85%).
As of the fiscal period ended Sunday, March 31, 2024. 53.94% below its 12-month average of 79.03%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2024 (2024-03-31): 36.40%.
TAX RATE
36.40%
TAX RATE AVG TTM
79.03%
TAX RATE AVG 3Y
44.69%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-53.94%
CURRENT VS 3Y AVG
-18.55%
CURRENT VS 5Y AVG
N/A
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 |
|---|---|
| 2024-03-31 | 36.40% |
| 2023-06-30 | 48.83% |
| 2023-03-31 | 151.85% |
| 2022-06-30 | 75.75% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 23.91% |
| 2020-09-30 | 16.99% |
