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 12.27% is 33% below its 5-year average of 18.22%, near the low end of its 5-year range (9.32%–225.78%).
As of the fiscal period ended Thursday, June 30, 2022. 30.33% below its 12-month average of 17.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2022 (2022-06-30): 12.27%.
TAX RATE
12.27%
TAX RATE AVG TTM
17.62%
TAX RATE AVG 3Y
28.20%
TAX RATE AVG 5Y
18.22%
TAX RATE AVG 10Y
15.16%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-30.33%
CURRENT VS 3Y AVG
-56.48%
CURRENT VS 5Y AVG
-32.65%
CURRENT VS 10Y AVG
-19.07%
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 |
|---|---|
| 2022-06-30 | 12.27% |
| 2022-03-31 | 20.10% |
| 2021-09-30 | 9.32% |
| 2021-06-30 | 28.78% |
| 2021-03-31 | 9.95% |
| 2020-09-30 | 15.18% |
| 2020-03-31 | 15.15% |
| 2019-12-31 | 124.58% |
| 2019-09-30 | 19.78% |
| 2019-06-30 | 26.93% |
| 2019-03-31 | 225.78% |
| 2018-12-31 | 23.43% |
| 2018-09-30 | 15.16% |
| 2018-06-30 | 13.36% |
| 2018-03-31 | 25.98% |
| 2017-09-30 | 20.91% |
| 2017-06-30 | 17.02% |
| 2017-03-31 | 17.25% |
| 2016-12-31 | 15.41% |
| 2016-09-30 | 15.83% |
| 2016-06-30 | 11.93% |
| 2016-03-31 | 16.37% |
| 2015-12-31 | 11.67% |
| 2015-09-30 | 17.04% |
| 2015-06-30 | 16.56% |
| 2015-03-31 | 13.11% |
| 2014-12-31 | 13.85% |
| 2014-09-30 | 15.00% |
| 2014-06-30 | 15.18% |
| 2014-03-31 | 14.20% |
| 2013-12-31 | 12.09% |
| 2013-09-30 | 16.88% |
| 2013-06-30 | 10.96% |
| 2013-03-31 | 16.86% |
| 2012-12-31 | 11.63% |
| 2012-09-30 | 13.89% |
| 2012-06-30 | 17.96% |
| 2012-03-31 | 13.23% |
| 2011-12-31 | -16.10% |
| 2011-09-30 | 20.49% |
| 2011-06-30 | 17.94% |
| 2011-03-31 | -2.15% |
