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 19.63% is 91% above its 5-year average of 10.28%, near the high end of its 5-year range (-52.02%–27.27%).
As of the fiscal period ended Monday, March 31, 2025. 4.99% above its 12-month average of 18.69%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.63%
TAX RATE AVG TTM
18.69%
TAX RATE AVG 3Y
16.78%
TAX RATE AVG 5Y
16.44%
TAX RATE AVG 10Y
19.49%
TAX RATE AVG 15Y
23.08%
TAX RATE AVG 20Y
25.30%
CURRENT VS TTM AVG
+4.99%
CURRENT VS 3Y AVG
+16.96%
CURRENT VS 5Y AVG
+19.38%
CURRENT VS 10Y AVG
+0.69%
CURRENT VS 15Y AVG
-14.96%
CURRENT VS 20Y AVG
-22.44%
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 | 19.63% |
| 2024-12-31 | 21.32% |
| 2024-09-30 | 20.50% |
| 2024-06-30 | 16.93% |
| 2024-03-31 | 15.09% |
| 2023-12-31 | 15.40% |
| 2023-09-30 | 11.26% |
| 2023-06-30 | 17.21% |
| 2023-03-31 | 16.73% |
| 2022-12-31 | -0.60% |
| 2022-09-30 | 18.65% |
| 2022-06-30 | 19.61% |
| 2022-03-31 | 9.02% |
| 2021-12-31 | 13.53% |
| 2021-09-30 | 17.86% |
| 2021-06-30 | 27.27% |
| 2021-03-31 | -52.02% |
| 2020-12-31 | 16.38% |
| 2020-09-30 | 16.10% |
| 2020-06-30 | 14.23% |
| 2020-03-31 | -38.23% |
| 2019-12-31 | 10.42% |
| 2019-09-30 | 17.79% |
| 2019-06-30 | 15.54% |
| 2019-03-31 | 12.60% |
| 2018-12-31 | 17.24% |
| 2018-09-30 | 6.22% |
| 2018-06-30 | 15.61% |
| 2018-03-31 | 13.15% |
| 2017-12-31 | 48.61% |
| 2017-09-30 | 31.78% |
| 2017-06-30 | 30.18% |
| 2017-03-31 | 26.02% |
| 2016-12-31 | 28.64% |
| 2016-09-30 | 31.13% |
| 2016-06-30 | 27.07% |
| 2016-03-31 | 34.17% |
| 2015-12-31 | 30.45% |
| 2015-09-30 | 26.94% |
| 2015-06-30 | 28.56% |
| 2015-03-31 | 30.98% |
| 2014-12-31 | 25.83% |
| 2014-09-30 | 27.98% |
| 2014-06-30 | 24.85% |
| 2014-03-31 | 28.84% |
| 2013-12-31 | 17.97% |
| 2013-09-30 | 23.60% |
| 2013-06-30 | 28.85% |
| 2013-03-31 | 26.68% |
| 2012-12-31 | 31.26% |
| 2012-09-30 | 29.71% |
| 2012-06-30 | 29.47% |
| 2012-03-31 | 32.33% |
| 2011-12-31 | 35.10% |
| 2011-09-30 | 30.40% |
| 2011-06-30 | 29.72% |
| 2011-03-31 | 31.48% |
| 2010-12-31 | 25.40% |
| 2010-09-30 | 29.01% |
| 2010-06-30 | 31.35% |
| 2010-03-31 | 32.47% |
| 2009-12-31 | 36.04% |
| 2009-09-30 | 33.34% |
| 2009-06-30 | 27.17% |
| 2009-03-31 | 33.31% |
| 2008-12-31 | 26.35% |
| 2008-09-30 | 29.52% |
| 2008-06-30 | 35.26% |
| 2008-03-31 | 40.35% |
| 2007-12-31 | 23.87% |
| 2007-09-30 | 39.59% |
| 2007-06-30 | 37.18% |
| 2007-03-31 | 37.36% |
| 2006-12-31 | 31.95% |
| 2006-09-30 | 25.33% |
| 2006-03-31 | 33.84% |
| 2005-12-31 | 31.00% |
| 2005-09-30 | 27.77% |
| 2005-06-30 | 32.00% |
| 2005-03-31 | 31.00% |
| 2004-12-31 | 23.44% |
| 2004-09-30 | 30.13% |
| 2004-06-30 | 30.00% |
| 2004-03-31 | 30.00% |
| 2003-12-31 | 30.00% |
| 2003-09-30 | 24.61% |
| 2003-06-30 | 33.99% |
| 2003-03-31 | 34.18% |
| 2002-12-31 | 31.00% |
| 2002-09-30 | 30.01% |
| 2002-06-30 | 30.50% |
| 2002-03-31 | 31.50% |
| 2001-12-31 | 32.04% |
| 2001-09-30 | 31.06% |
| 2001-06-30 | 30.99% |
