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 18.67% is in line with its 5-year average of 17.62%, near the high end of its 5-year range (-124.78%–55.01%).
As of the fiscal period ended Sunday, April 2, 2023. 46.13% below its 12-month average of 34.65%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2023 (2023-04-02): 18.67%.
TAX RATE
18.67%
TAX RATE AVG TTM
34.65%
TAX RATE AVG 3Y
21.54%
TAX RATE AVG 5Y
17.62%
TAX RATE AVG 10Y
18.97%
TAX RATE AVG 15Y
25.29%
TAX RATE AVG 20Y
25.28%
CURRENT VS TTM AVG
-46.13%
CURRENT VS 3Y AVG
-13.33%
CURRENT VS 5Y AVG
+5.93%
CURRENT VS 10Y AVG
-1.58%
CURRENT VS 15Y AVG
-26.19%
CURRENT VS 20Y AVG
-26.16%
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 |
|---|---|
| 2023-04-02 | 18.67% |
| 2022-12-31 | 26.28% |
| 2022-10-02 | 38.66% |
| 2022-07-03 | 55.01% |
| 2022-03-31 | 22.67% |
| 2021-12-31 | 22.39% |
| 2021-09-30 | 23.37% |
| 2021-06-30 | 11.98% |
| 2021-03-31 | 19.71% |
| 2020-12-31 | 23.62% |
| 2020-09-30 | 21.47% |
| 2020-06-30 | 15.64% |
| 2020-03-31 | 17.58% |
| 2019-12-31 | 5.80% |
| 2019-09-30 | 7.70% |
| 2019-06-30 | -124.78% |
| 2019-03-31 | 6.50% |
| 2018-12-31 | -42.89% |
| 2018-09-30 | -0.10% |
| 2018-03-31 | 12.20% |
| 2017-03-31 | 12.89% |
| 2016-12-31 | 170.30% |
| 2015-03-31 | 31.12% |
| 2014-12-31 | 41.19% |
| 2013-03-31 | 27.21% |
| 2012-12-31 | 36.94% |
| 2012-03-31 | 37.04% |
| 2011-12-31 | 30.12% |
| 2011-03-31 | 34.00% |
| 2009-12-31 | 36.25% |
| 2009-09-30 | 38.15% |
| 2009-06-30 | 38.93% |
| 2008-12-31 | 32.50% |
| 2008-09-30 | 38.51% |
| 2008-03-31 | 38.50% |
| 2007-12-31 | 28.84% |
| 2007-09-30 | 39.48% |
| 2007-03-31 | 39.50% |
| 2006-12-31 | -69.16% |
| 2006-09-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 3.33% |
| 2005-09-30 | 36.40% |
| 2004-12-31 | 125.25% |
| 2004-03-31 | 41.13% |
| 2003-12-31 | -106.78% |
| 2003-03-31 | 40.05% |
| 2002-12-31 | 64.89% |
