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 24.90% is in line with its 5-year average of 23.56%, near the high end of its 5-year range (3.33%–27.30%).
As of the fiscal period ended Tuesday, September 30, 2025. 9.24% above its 12-month average of 22.79%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2025 (2025-09-30): 24.90%.
TAX RATE
24.90%
TAX RATE AVG TTM
22.79%
TAX RATE AVG 3Y
22.99%
TAX RATE AVG 5Y
23.56%
TAX RATE AVG 10Y
23.86%
TAX RATE AVG 15Y
30.10%
TAX RATE AVG 20Y
32.22%
CURRENT VS TTM AVG
+9.24%
CURRENT VS 3Y AVG
+8.30%
CURRENT VS 5Y AVG
+5.67%
CURRENT VS 10Y AVG
+4.36%
CURRENT VS 15Y AVG
-17.29%
CURRENT VS 20Y AVG
-22.72%
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 | 24.90% |
| 2025-06-30 | 24.03% |
| 2025-03-31 | 23.70% |
| 2024-12-31 | 18.10% |
| 2024-09-30 | 23.22% |
| 2024-06-30 | 22.79% |
| 2024-03-31 | 21.50% |
| 2023-12-31 | 3.33% |
| 2023-09-30 | 26.90% |
| 2023-06-30 | 23.90% |
| 2023-03-31 | 19.40% |
| 2022-12-31 | 23.20% |
| 2022-09-30 | 24.20% |
| 2022-06-30 | 24.40% |
| 2022-03-31 | 22.90% |
| 2021-12-31 | 27.30% |
| 2021-09-30 | 25.26% |
| 2021-06-30 | 23.80% |
| 2021-03-31 | 21.87% |
| 2020-12-31 | 22.90% |
| 2020-09-30 | 21.47% |
| 2020-06-30 | 27.00% |
| 2020-03-31 | 24.30% |
| 2019-12-31 | 25.00% |
| 2019-09-30 | 25.70% |
| 2019-06-30 | 24.30% |
| 2019-03-31 | 27.30% |
| 2018-12-31 | 27.38% |
| 2018-09-30 | 21.72% |
| 2018-06-30 | 25.58% |
| 2018-03-31 | 23.00% |
| 2017-12-31 | -156.25% |
| 2017-09-30 | 22.50% |
| 2017-06-30 | 39.40% |
| 2017-03-31 | 37.00% |
| 2016-12-31 | 38.40% |
| 2016-09-30 | 38.40% |
| 2016-06-30 | 38.80% |
| 2016-03-31 | 37.90% |
| 2015-12-31 | 34.50% |
| 2015-09-30 | 37.50% |
| 2015-06-30 | 36.40% |
| 2015-03-31 | 38.30% |
| 2014-12-31 | 32.14% |
| 2014-09-30 | 38.91% |
| 2014-06-30 | 38.80% |
| 2014-03-31 | 39.52% |
| 2013-12-31 | 38.60% |
| 2013-09-30 | 39.93% |
| 2013-06-30 | 38.37% |
| 2013-03-31 | 37.20% |
| 2012-12-31 | 40.00% |
| 2012-09-30 | 38.50% |
| 2012-06-30 | 38.50% |
| 2012-03-31 | 38.50% |
| 2011-12-31 | 36.73% |
| 2011-09-30 | 38.50% |
| 2011-06-30 | 39.93% |
| 2011-03-31 | 38.20% |
| 2010-12-31 | 35.19% |
| 2010-09-30 | 38.94% |
| 2010-06-30 | 39.09% |
| 2010-03-31 | 39.24% |
| 2009-12-31 | 36.37% |
| 2009-09-30 | 38.60% |
| 2009-06-30 | 38.57% |
| 2009-03-31 | 42.35% |
| 2008-12-31 | 38.22% |
| 2008-09-30 | 38.56% |
| 2008-06-30 | 38.58% |
| 2008-04-22 | 38.61% |
| 2007-12-31 | 225.36% |
| 2007-09-30 | 34.71% |
| 2007-06-30 | 39.60% |
| 2007-03-31 | 39.60% |
| 2006-12-31 | 37.09% |
| 2006-09-30 | 40.01% |
| 2006-06-30 | 41.06% |
| 2006-03-31 | 40.00% |
| 2005-12-31 | 39.52% |
| 2005-09-30 | 39.41% |
| 2005-06-30 | 41.50% |
| 2005-03-31 | 41.50% |
| 2004-12-31 | 42.00% |
| 2004-09-30 | 43.86% |
| 2004-06-30 | 42.02% |
| 2004-03-31 | 42.01% |
| 2003-12-31 | 49.41% |
| 2003-09-30 | 46.56% |
| 2003-06-30 | 61.11% |
| 2003-03-31 | 40.99% |
| 2002-12-31 | 31.01% |
| 2002-09-30 | 36.51% |
| 2002-03-31 | 41.03% |
| 2001-12-31 | 32.13% |
