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 35.51% is 70% above its 5-year average of 20.94%, near the high end of its 5-year range (6.91%–35.51%).
As of the fiscal period ended Sunday, March 31, 2024.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
35.51%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
28.44%
TAX RATE AVG 5Y
20.94%
TAX RATE AVG 10Y
-25.04%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+24.89%
CURRENT VS 5Y AVG
+69.58%
CURRENT VS 10Y AVG
+241.84%
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 |
|---|---|
| 2024-03-31 | 35.51% |
| 2022-03-31 | 25.53% |
| 2021-03-31 | 24.26% |
| 2019-12-31 | 12.50% |
| 2019-09-30 | 6.91% |
| 2018-12-31 | -66.96% |
| 2015-12-31 | -55.37% |
| 2015-09-30 | 21.97% |
| 2014-12-31 | -52.91% |
| 2014-09-30 | -181.68% |
| 2014-06-30 | -45.18% |
