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 24.31% is in line with its 5-year average of 25.47%, near the high end of its 5-year range (-77.23%–39.87%).
As of the fiscal period ended Tuesday, September 30, 2025. 2.82% below its 12-month average of 25.02%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2025 (2025-09-30): 24.31%.
TAX RATE
24.31%
TAX RATE AVG TTM
25.02%
TAX RATE AVG 3Y
15.82%
TAX RATE AVG 5Y
25.47%
TAX RATE AVG 10Y
25.26%
TAX RATE AVG 15Y
28.66%
TAX RATE AVG 20Y
32.59%
CURRENT VS TTM AVG
-2.82%
CURRENT VS 3Y AVG
+53.71%
CURRENT VS 5Y AVG
-4.56%
CURRENT VS 10Y AVG
-3.76%
CURRENT VS 15Y AVG
-15.16%
CURRENT VS 20Y AVG
-25.41%
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 |
|---|---|
| 2025-09-30 | 24.31% |
| 2025-06-30 | 20.90% |
| 2025-03-31 | 27.09% |
| 2024-12-31 | 26.85% |
| 2024-09-30 | 25.93% |
| 2024-06-30 | 26.64% |
| 2024-03-31 | 25.24% |
| 2023-12-31 | 19.85% |
| 2023-06-30 | -77.23% |
| 2023-03-31 | 28.90% |
| 2022-12-31 | 25.49% |
| 2021-12-31 | 39.87% |
| 2021-06-30 | 26.31% |
| 2021-03-31 | 17.98% |
| 2020-12-31 | 27.23% |
| 2020-09-30 | 26.41% |
| 2020-06-30 | 23.23% |
| 2019-12-31 | 27.09% |
| 2019-06-30 | 29.76% |
| 2019-03-31 | 25.49% |
| 2016-03-31 | -36.18% |
| 2014-12-31 | -6.13% |
| 2014-09-30 | 967.91% |
| 2014-06-30 | -192.31% |
| 2014-03-31 | 27.40% |
| 2013-09-30 | -100.41% |
| 2013-06-30 | 28.85% |
| 2013-03-31 | 30.70% |
| 2012-12-31 | 34.02% |
| 2012-09-30 | 38.12% |
| 2012-03-31 | 26.32% |
| 2011-12-31 | 34.03% |
| 2011-09-30 | 30.90% |
| 2011-06-30 | 35.26% |
| 2011-03-31 | 36.64% |
| 2010-12-31 | 35.56% |
| 2010-09-30 | 35.96% |
| 2010-06-30 | 37.79% |
| 2010-03-31 | 38.24% |
| 2009-12-31 | 38.00% |
| 2009-09-30 | 36.80% |
| 2009-06-30 | 38.44% |
| 2009-03-31 | 38.48% |
| 2008-12-31 | 38.52% |
| 2008-09-30 | 40.29% |
| 2008-06-30 | 36.56% |
| 2008-03-31 | 38.16% |
| 2007-12-31 | 40.00% |
| 2007-09-30 | 36.56% |
| 2007-06-30 | 40.22% |
| 2007-03-31 | 75.78% |
| 2006-12-31 | 39.42% |
| 2006-09-30 | 40.35% |
| 2006-06-30 | 42.19% |
| 2006-03-31 | 49.78% |
| 2005-12-31 | 38.97% |
| 2005-09-30 | 3.83% |
| 2005-06-30 | -20.12% |
| 2005-03-31 | 18.47% |
| 2004-12-31 | 21.35% |
| 2004-09-30 | -9.23% |
| 2004-06-30 | 6.18% |
| 2004-03-31 | 4.44% |
| 2003-12-31 | 4.87% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
