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 29.23% is 20% above its 5-year average of 24.31%, near the high end of its 5-year range (-68.99%–52.40%).
As of the fiscal period ended Friday, January 26, 2024. 2.20% below its 12-month average of 29.88%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2024 (2024-01-26): 29.23%.
TAX RATE
29.23%
TAX RATE AVG TTM
29.88%
TAX RATE AVG 3Y
18.70%
TAX RATE AVG 5Y
24.31%
TAX RATE AVG 10Y
24.32%
TAX RATE AVG 15Y
17.18%
TAX RATE AVG 20Y
18.89%
CURRENT VS TTM AVG
-2.20%
CURRENT VS 3Y AVG
+56.30%
CURRENT VS 5Y AVG
+20.20%
CURRENT VS 10Y AVG
+20.18%
CURRENT VS 15Y AVG
+70.09%
CURRENT VS 20Y AVG
+54.73%
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 |
|---|---|
| 2024-01-26 | 29.23% |
| 2023-11-03 | 10.52% |
| 2023-07-07 | 27.39% |
| 2023-04-14 | 52.40% |
| 2023-01-20 | 29.92% |
| 2022-10-28 | -60.58% |
| 2022-07-08 | 29.02% |
| 2022-04-15 | 32.69% |
| 2022-01-21 | 17.69% |
| 2021-01-22 | 21.16% |
| 2020-10-31 | -27.53% |
| 2020-07-10 | -68.99% |
| 2020-01-24 | 24.09% |
| 2019-10-31 | 18.38% |
| 2019-07-12 | 31.15% |
| 2019-04-19 | 20.52% |
| 2019-01-25 | 26.92% |
| 2018-10-31 | 19.83% |
| 2018-07-13 | 15.02% |
| 2018-04-20 | 28.07% |
| 2018-01-26 | 177.66% |
| 2017-10-31 | 29.81% |
| 2017-07-07 | 33.62% |
| 2017-04-14 | 35.19% |
| 2017-01-20 | 28.29% |
| 2016-10-31 | 12.50% |
| 2016-07-08 | 21.16% |
| 2016-04-15 | 39.62% |
| 2016-01-22 | 39.63% |
| 2015-10-31 | -216.28% |
| 2015-07-10 | 7.11% |
| 2015-04-17 | 0.00% |
| 2015-01-23 | 0.00% |
| 2014-01-24 | 5.26% |
| 2013-10-31 | -3.57% |
| 2013-07-12 | 480.00% |
| 2013-04-19 | 9.02% |
| 2013-01-25 | 9.08% |
| 2012-10-31 | 15.25% |
| 2012-07-06 | 0.00% |
| 2012-04-13 | 0.00% |
| 2011-01-21 | -51.63% |
| 2010-10-31 | -20.07% |
| 2010-04-16 | 15.52% |
| 2010-01-22 | 19.89% |
| 2009-10-31 | 1.47% |
| 2009-07-10 | 16.40% |
| 2009-04-17 | 0.00% |
| 2009-01-23 | 0.00% |
| 2007-07-13 | 58.23% |
| 2007-01-26 | 27.27% |
| 2006-10-31 | 18.95% |
| 2006-07-07 | 4.27% |
| 2006-04-14 | 57.14% |
| 2005-07-08 | -268.18% |
| 2004-10-31 | 38.01% |
| 2003-10-31 | 38.00% |
| 2003-07-11 | 38.05% |
| 2003-04-18 | 37.93% |
