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 39.62% is 15% below its 2-year average of 46.72%, near the low end of its 2-year range (28.84%–82.68%).
As of the fiscal period ended Sunday, March 31, 2024. 27.92% below its 12-month average of 54.96%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-03-31): 39.62%.
TAX RATE
39.62%
TAX RATE AVG TTM
54.96%
TAX RATE AVG 3Y
N/A
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-27.92%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
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 |
|---|---|
| 2024-03-31 | 39.62% |
| 2023-12-31 | 80.77% |
| 2023-09-30 | 32.59% |
| 2023-06-30 | 39.15% |
| 2023-03-31 | 82.68% |
| 2022-12-31 | 38.11% |
| 2022-09-30 | 28.84% |
| 2022-06-30 | 32.04% |
