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 19.35% is 270% above its 5-year average of -11.35%, near the high end of its 5-year range (-300.00%–45.71%).
As of the fiscal period ended Sunday, June 30, 2024. 30.21% below its 12-month average of 27.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2024 (2024-06-30): 19.35%.
TAX RATE
19.35%
TAX RATE AVG TTM
27.73%
TAX RATE AVG 3Y
-29.92%
TAX RATE AVG 5Y
-11.35%
TAX RATE AVG 10Y
32.73%
TAX RATE AVG 15Y
35.89%
TAX RATE AVG 20Y
37.75%
CURRENT VS TTM AVG
-30.21%
CURRENT VS 3Y AVG
+164.69%
CURRENT VS 5Y AVG
+270.49%
CURRENT VS 10Y AVG
-40.87%
CURRENT VS 15Y AVG
-46.07%
CURRENT VS 20Y AVG
-48.73%
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 |
|---|---|
| 2024-06-30 | 19.35% |
| 2023-06-30 | 36.11% |
| 2022-12-31 | -300.00% |
| 2022-09-30 | 45.71% |
| 2021-09-30 | 31.58% |
| 2021-06-30 | -12.28% |
| 2019-12-31 | 26.82% |
| 2019-09-30 | 26.38% |
| 2019-06-30 | 24.15% |
| 2019-03-31 | 27.59% |
| 2018-12-31 | 16.00% |
| 2018-09-30 | 26.47% |
| 2018-03-31 | 20.91% |
| 2017-12-31 | -293.57% |
| 2017-09-30 | 39.59% |
| 2017-06-30 | 35.54% |
| 2017-03-31 | 30.95% |
| 2016-12-31 | 34.31% |
| 2016-09-30 | 39.70% |
| 2016-06-30 | 37.37% |
| 2016-03-31 | 35.91% |
| 2015-12-31 | 37.29% |
| 2015-09-30 | 38.51% |
| 2015-06-30 | 39.20% |
| 2015-03-31 | 38.29% |
| 2014-12-31 | 37.14% |
| 2014-09-30 | 40.15% |
| 2014-06-30 | 33.33% |
| 2014-03-31 | 33.33% |
| 2013-12-31 | 38.96% |
| 2013-09-30 | 40.34% |
| 2013-06-30 | 40.00% |
| 2013-03-31 | 39.13% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 38.36% |
| 2012-06-30 | 39.53% |
| 2012-03-31 | 38.78% |
| 2011-12-31 | 42.50% |
| 2011-09-30 | 37.50% |
| 2011-06-30 | 41.86% |
| 2011-03-31 | 50.00% |
| 2010-12-31 | 40.00% |
| 2010-09-30 | 39.18% |
| 2010-06-30 | 41.18% |
| 2009-12-31 | 45.00% |
| 2009-09-30 | 34.78% |
| 2009-06-30 | 44.44% |
| 2009-03-31 | 40.00% |
| 2007-09-30 | 50.00% |
| 2007-06-30 | 51.16% |
| 2006-12-31 | 43.33% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 44.00% |
| 2005-06-30 | 48.53% |
| 2005-03-31 | 42.35% |
| 2004-12-31 | -226.02% |
| 2004-09-30 | 37.52% |
| 2004-06-30 | 41.23% |
| 2004-03-31 | 41.03% |
| 2003-12-31 | 35.97% |
| 2003-09-30 | 41.23% |
| 2003-06-30 | 42.01% |
| 2003-03-31 | 42.24% |
| 2002-12-31 | 44.28% |
| 2002-09-30 | 40.67% |
