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 15.50% is in line with its 2-year average of 14.24%, near the high end of its 2-year range (12.21%–15.50%).
As of the fiscal period ended Sunday, June 30, 2024. 8.87% above its 12-month average of 14.24%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2024 (2024-06-30): 15.50%.
TAX RATE
15.50%
TAX RATE AVG TTM
14.24%
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
+8.87%
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 |
|---|---|
| 2024-06-30 | 15.50% |
| 2023-12-31 | 14.62% |
| 2023-09-30 | 12.21% |
| 2023-06-30 | 14.63% |
| 2022-12-31 | 14.36% |
| 2022-06-30 | 14.15% |
