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 22.64% is 44% below its 3-year average of 40.21%, near the low end of its 3-year range (22.05%–100.00%).
As of the fiscal period ended Monday, September 30, 2024. 6.55% below its 12-month average of 24.23%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2024 (2024-09-30): 22.64%.
TAX RATE
22.64%
TAX RATE AVG TTM
24.23%
TAX RATE AVG 3Y
40.69%
TAX RATE AVG 5Y
40.21%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-6.55%
CURRENT VS 3Y AVG
-44.35%
CURRENT VS 5Y AVG
-43.69%
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 |
|---|---|
| 2024-09-30 | 22.64% |
| 2024-06-30 | 28.00% |
| 2024-03-31 | 22.05% |
| 2022-09-30 | 34.78% |
| 2022-06-30 | 100.00% |
| 2022-03-31 | 35.24% |
| 2021-09-30 | 42.11% |
| 2021-06-30 | 36.84% |
| 2018-06-30 | 79.63% |
| 2017-09-30 | 230.77% |
| 2016-09-30 | 50.00% |
| 2015-12-31 | -12.50% |
