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 24.67% is in line with its 5-year average of 22.86%, around the middle of its 5-year range (-84.99%–221.00%).
As of the fiscal period ended Saturday, September 30, 2023. 22.68% below its 12-month average of 31.90%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2023 (2023-09-30): 24.67%.
TAX RATE
24.67%
TAX RATE AVG TTM
31.90%
TAX RATE AVG 3Y
29.54%
TAX RATE AVG 5Y
22.86%
TAX RATE AVG 10Y
9.90%
TAX RATE AVG 15Y
14.14%
TAX RATE AVG 20Y
18.43%
CURRENT VS TTM AVG
-22.68%
CURRENT VS 3Y AVG
-16.50%
CURRENT VS 5Y AVG
+7.90%
CURRENT VS 10Y AVG
+149.10%
CURRENT VS 15Y AVG
+74.45%
CURRENT VS 20Y AVG
+33.86%
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 |
|---|---|
| 2023-09-30 | 24.67% |
| 2023-07-01 | 52.97% |
| 2023-04-01 | 35.70% |
| 2022-12-31 | 5.86% |
| 2022-10-01 | 40.32% |
| 2022-07-02 | 33.16% |
| 2022-04-02 | 33.79% |
| 2021-12-31 | 13.82% |
| 2020-12-31 | 25.58% |
| 2020-04-04 | -35.43% |
| 2019-12-31 | 16.38% |
| 2019-09-28 | 7.71% |
| 2019-06-29 | 221.00% |
| 2019-03-30 | -84.99% |
| 2018-12-31 | -15.63% |
| 2018-09-29 | -24.45% |
| 2018-06-30 | 3.00% |
| 2018-03-31 | -19.84% |
| 2017-12-31 | 120.66% |
| 2017-09-30 | 9.84% |
| 2017-07-01 | 7.07% |
| 2017-04-01 | -14.64% |
| 2016-12-31 | -1.60% |
| 2016-10-01 | 6.29% |
| 2016-07-02 | 9.90% |
| 2016-04-02 | 4.36% |
| 2015-12-31 | -33.98% |
| 2015-10-03 | 4.47% |
| 2015-07-04 | 11.21% |
| 2015-04-04 | 9.75% |
| 2014-12-31 | 1.10% |
| 2014-09-27 | 38.43% |
| 2014-06-28 | 29.37% |
| 2014-03-29 | 15.34% |
| 2013-12-31 | 22.33% |
| 2013-09-28 | 33.24% |
| 2013-06-29 | 31.69% |
| 2013-03-30 | 0.22% |
| 2012-12-31 | 23.27% |
| 2012-09-29 | 62.98% |
| 2012-06-30 | -15.29% |
| 2012-03-31 | 16.34% |
| 2011-12-31 | 18.85% |
| 2011-10-01 | 20.91% |
| 2011-07-02 | 19.52% |
| 2011-04-02 | 134.30% |
| 2010-12-31 | -11.97% |
| 2010-10-02 | 6.35% |
| 2010-07-03 | 31.38% |
| 2010-04-03 | 18.96% |
| 2009-12-31 | -53.01% |
| 2009-10-03 | 17.02% |
| 2009-07-04 | 28.83% |
| 2009-04-04 | 65.50% |
| 2008-12-31 | 22.27% |
| 2008-10-04 | 87.58% |
| 2008-07-05 | 27.19% |
| 2008-04-05 | 30.57% |
| 2007-12-31 | 23.49% |
| 2007-09-29 | -2.42% |
| 2007-06-30 | 21.24% |
| 2006-12-31 | 15.58% |
| 2006-09-30 | 37.45% |
| 2006-07-01 | 31.14% |
| 2006-04-01 | 22.39% |
| 2005-12-31 | 24.54% |
| 2005-10-01 | 116.13% |
| 2005-07-02 | 20.65% |
| 2005-04-02 | 17.72% |
| 2004-12-31 | 26.12% |
| 2004-10-02 | 32.30% |
| 2004-07-03 | 32.07% |
| 2004-04-03 | 32.30% |
| 2003-12-31 | 29.01% |
| 2003-09-27 | 33.82% |
| 2003-06-28 | 34.36% |
| 2002-12-31 | 31.63% |
| 2002-09-28 | 32.22% |
