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 18.49% is 13% above its 3-year average of 16.43%, around the middle of its 3-year range (13.61%–24.22%).
As of the fiscal period ended Wednesday, September 30, 2020. 3.79% below its 12-month average of 19.22%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2020 (2020-09-30): 18.49%.
TAX RATE
18.49%
TAX RATE AVG TTM
19.22%
TAX RATE AVG 3Y
16.43%
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
-3.79%
CURRENT VS 3Y AVG
+12.56%
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 |
|---|---|
| 2020-09-30 | 18.49% |
| 2020-03-31 | 24.22% |
| 2019-09-30 | 14.95% |
| 2019-03-31 | 14.11% |
| 2018-09-30 | 15.00% |
| 2018-03-31 | 13.61% |
| 2017-09-30 | 14.61% |
