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 25.58% is in line with its 5-year average of 25.49%, near the low end of its 5-year range (4.10%–96.87%).
As of the fiscal period ended Tuesday, December 31, 2024. 11.56% above its 12-month average of 22.93%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2024 (2024-12-31): 25.58%.
TAX RATE
25.58%
TAX RATE AVG TTM
22.93%
TAX RATE AVG 3Y
25.96%
TAX RATE AVG 5Y
25.49%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+11.56%
CURRENT VS 3Y AVG
-1.44%
CURRENT VS 5Y AVG
+0.35%
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 |
|---|---|
| 2024-12-31 | 25.58% |
| 2024-09-30 | 16.89% |
| 2024-06-30 | 27.26% |
| 2024-03-31 | 23.16% |
| 2023-12-31 | 21.76% |
| 2023-09-30 | 24.27% |
| 2023-06-30 | 22.78% |
| 2023-03-31 | 21.80% |
| 2022-12-31 | 29.30% |
| 2022-09-30 | 38.74% |
| 2022-06-30 | 21.26% |
| 2022-03-31 | 68.77% |
| 2021-12-31 | 38.67% |
| 2021-09-30 | 19.94% |
| 2020-03-31 | 4.10% |
| 2019-12-31 | 96.87% |
| 2019-09-30 | 25.59% |
| 2019-06-30 | 28.03% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 76.09% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-06-30 | 43.30% |
| 2017-03-31 | 43.30% |
