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 36.44% is 86% above its 5-year average of 19.60%, near the high end of its 5-year range (-4.17%–36.44%).
As of the fiscal period ended Tuesday, December 31, 2024. 54.53% above its 12-month average of 23.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-12-31): 36.44%.
TAX RATE
36.44%
TAX RATE AVG TTM
23.58%
TAX RATE AVG 3Y
19.73%
TAX RATE AVG 5Y
19.60%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+54.53%
CURRENT VS 3Y AVG
+84.75%
CURRENT VS 5Y AVG
+85.92%
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 |
|---|---|
| 2024-12-31 | 36.44% |
| 2024-06-30 | 14.17% |
| 2024-03-31 | 21.00% |
| 2023-12-31 | 22.72% |
| 2023-09-30 | 22.05% |
| 2023-06-30 | 24.61% |
| 2023-03-31 | 18.01% |
| 2022-12-31 | 17.66% |
| 2022-09-30 | 19.69% |
| 2022-06-30 | 22.78% |
| 2022-03-31 | 20.44% |
| 2021-12-31 | 13.85% |
| 2021-09-30 | 18.42% |
| 2021-06-30 | 2.24% |
| 2021-03-31 | -4.17% |
| 2020-06-30 | 32.21% |
| 2020-03-31 | 5.31% |
| 2019-12-31 | 21.10% |
| 2019-09-30 | 16.95% |
| 2019-06-30 | 16.96% |
| 2019-03-31 | 16.48% |
| 2018-12-31 | -64.92% |
| 2018-09-30 | 1.00% |
| 2018-06-30 | 5.92% |
| 2018-03-31 | 12.37% |
