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 21.64% is 29% above its 5-year average of 16.79%, near the high end of its 5-year range (-30.29%–36.14%).
As of the fiscal period ended Monday, March 31, 2025. 56.48% above its 12-month average of 13.83%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2025 (2025-03-31): 21.64%.
TAX RATE
21.64%
TAX RATE AVG TTM
13.83%
TAX RATE AVG 3Y
13.81%
TAX RATE AVG 5Y
16.79%
TAX RATE AVG 10Y
20.21%
TAX RATE AVG 15Y
22.57%
TAX RATE AVG 20Y
25.10%
CURRENT VS TTM AVG
+56.48%
CURRENT VS 3Y AVG
+56.67%
CURRENT VS 5Y AVG
+28.89%
CURRENT VS 10Y AVG
+7.06%
CURRENT VS 15Y AVG
-4.11%
CURRENT VS 20Y AVG
-13.79%
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 |
|---|---|
| 2025-03-31 | 21.64% |
| 2024-12-31 | 8.48% |
| 2024-09-30 | 2.22% |
| 2024-06-30 | 22.98% |
| 2023-12-31 | -8.84% |
| 2023-09-30 | 6.04% |
| 2023-06-30 | 36.14% |
| 2023-03-31 | 18.67% |
| 2022-12-31 | 11.05% |
| 2022-09-30 | 11.84% |
| 2022-06-30 | 21.72% |
| 2022-03-31 | -22.15% |
| 2021-12-31 | 17.61% |
| 2021-09-30 | 20.48% |
| 2021-06-30 | 17.11% |
| 2020-12-31 | 21.43% |
| 2020-09-30 | -30.29% |
| 2020-06-30 | 28.92% |
| 2020-03-31 | 27.92% |
| 2019-12-31 | 3.22% |
| 2019-09-30 | 15.92% |
| 2019-06-30 | 40.62% |
| 2019-03-31 | 30.11% |
| 2018-12-31 | -2.02% |
| 2018-09-30 | -47.24% |
| 2018-06-30 | 22.80% |
| 2018-03-31 | 16.91% |
| 2017-12-31 | 173.98% |
| 2017-09-30 | 27.03% |
| 2017-06-30 | 26.67% |
| 2017-03-31 | 22.62% |
| 2016-12-31 | 30.22% |
| 2016-09-30 | 27.13% |
| 2016-06-30 | 27.16% |
| 2016-03-31 | 27.75% |
| 2015-12-31 | 24.10% |
| 2015-09-30 | 20.79% |
| 2015-06-30 | 30.09% |
| 2015-03-31 | 30.86% |
| 2014-09-30 | 37.44% |
| 2014-06-30 | 24.92% |
| 2014-03-31 | 25.27% |
| 2013-12-31 | 18.03% |
| 2013-09-30 | 27.93% |
| 2013-06-30 | 22.24% |
| 2013-03-31 | -18.34% |
| 2012-12-31 | 31.59% |
| 2012-09-30 | 56.68% |
| 2012-06-30 | 35.50% |
| 2012-03-31 | 30.11% |
| 2011-12-31 | 21.49% |
| 2011-09-30 | 30.89% |
| 2011-06-30 | 26.53% |
| 2011-03-31 | 24.14% |
| 2010-12-31 | 17.94% |
| 2010-09-30 | 31.37% |
| 2010-06-30 | 31.05% |
| 2010-03-31 | -1.78% |
| 2009-12-31 | -435.28% |
| 2009-09-30 | 35.39% |
| 2009-06-30 | 84.77% |
| 2009-03-31 | 105.47% |
| 2008-12-31 | 28.30% |
| 2008-09-30 | 29.85% |
| 2008-06-30 | 30.05% |
| 2008-03-31 | 31.15% |
| 2007-12-31 | 26.84% |
| 2007-09-30 | 34.89% |
| 2007-06-30 | 27.26% |
| 2007-03-31 | 27.76% |
| 2006-12-31 | 23.20% |
| 2006-09-30 | 31.88% |
| 2006-03-31 | 31.50% |
| 2005-12-31 | 21.17% |
| 2005-09-30 | 32.84% |
| 2005-06-30 | 32.54% |
| 2005-03-31 | 32.18% |
| 2004-12-31 | 34.87% |
| 2004-09-30 | 33.57% |
| 2004-06-30 | 147.03% |
| 2004-03-31 | 32.04% |
| 2003-12-31 | 27.18% |
| 2003-09-30 | 51.66% |
| 2003-06-30 | 23.70% |
| 2003-03-31 | 39.25% |
| 2002-12-31 | 15.07% |
| 2002-06-30 | 10.74% |
