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 24.88% is 12% below its 2-year average of 28.15%, near the low end of its 2-year range (24.88%–49.14%).
As of the fiscal period ended Sunday, June 30, 2024. 16.81% below its 12-month average of 29.90%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-06-30): 24.88%.
TAX RATE
24.88%
TAX RATE AVG TTM
29.90%
TAX RATE AVG 3Y
N/A
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
-16.81%
CURRENT VS 3Y AVG
N/A
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 |
|---|---|
| 2024-06-30 | 24.88% |
| 2024-03-31 | 24.88% |
| 2023-12-31 | 49.14% |
| 2023-09-30 | 25.06% |
| 2023-06-30 | 25.57% |
| 2023-03-31 | 25.57% |
| 2022-12-31 | 25.07% |
| 2022-09-30 | 25.07% |