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 24.86% is in line with its 5-year average of 23.78%, near the high end of its 5-year range (20.70%–25.08%).
As of the fiscal period ended Saturday, June 27, 2026. 2.73% above its 12-month average of 24.20%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-06-27): 24.86%.
TAX RATE
24.86%
TAX RATE AVG TTM
24.20%
TAX RATE AVG 3Y
23.91%
TAX RATE AVG 5Y
23.78%
TAX RATE AVG 10Y
22.91%
TAX RATE AVG 15Y
27.16%
TAX RATE AVG 20Y
29.58%
CURRENT VS TTM AVG
+2.73%
CURRENT VS 3Y AVG
+3.99%
CURRENT VS 5Y AVG
+4.55%
CURRENT VS 10Y AVG
+8.54%
CURRENT VS 15Y AVG
-8.47%
CURRENT VS 20Y AVG
-15.96%
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 |
|---|---|
| 2026-06-27 | 24.86% |
| 2026-03-28 | 23.47% |
| 2025-12-27 | 23.39% |
| 2025-06-28 | 25.08% |
| 2025-03-29 | 23.50% |
| 2024-12-28 | 23.53% |
| 2024-06-29 | 24.04% |
| 2024-03-30 | 23.39% |
| 2023-06-24 | 24.42% |
| 2023-03-25 | 23.88% |
| 2022-06-25 | 23.67% |
| 2022-03-26 | 23.41% |
| 2021-12-25 | 20.70% |
| 2021-06-26 | 22.52% |
| 2021-03-27 | 22.66% |
| 2020-12-26 | 19.66% |
| 2020-09-26 | 6.90% |
| 2020-06-27 | 22.64% |
| 2020-03-28 | 22.67% |
| 2019-09-28 | 22.76% |
| 2019-06-29 | 23.47% |
| 2019-03-30 | 21.28% |
| 2018-12-29 | 14.28% |
| 2018-09-29 | -112.87% |
| 2018-06-30 | 21.53% |
| 2018-03-31 | 20.28% |
| 2017-12-30 | -116.55% |
| 2017-09-30 | 35.33% |
| 2017-06-24 | 37.16% |
| 2017-03-25 | 37.14% |
| 2016-12-24 | 35.82% |
| 2016-06-25 | 35.87% |
| 2016-03-26 | 35.98% |
| 2015-06-27 | 37.52% |
| 2015-03-28 | 36.88% |
| 2014-06-28 | 37.00% |
| 2014-03-29 | 37.69% |
| 2013-06-29 | 34.30% |
| 2013-03-30 | 35.84% |
| 2012-06-23 | 37.92% |
| 2012-03-24 | 36.83% |
| 2011-06-25 | 36.45% |
| 2011-03-26 | 35.98% |
| 2010-06-26 | 36.98% |
| 2010-03-27 | 36.77% |
| 2009-09-26 | 45.59% |
| 2009-06-27 | 32.34% |
| 2009-03-28 | 34.88% |
| 2008-06-28 | 37.30% |
| 2008-03-29 | 42.40% |
| 2007-06-30 | 37.26% |
| 2007-03-31 | 37.43% |
| 2006-09-30 | 35.98% |
| 2006-06-24 | 37.68% |
| 2006-03-25 | 30.83% |
| 2005-12-24 | 38.54% |
| 2005-09-24 | 23.21% |
| 2005-06-25 | 36.89% |
| 2005-03-26 | 38.11% |
| 2004-12-25 | 37.12% |
| 2004-09-25 | 33.72% |
| 2004-06-26 | 37.13% |
| 2004-03-27 | 39.22% |
| 2003-09-27 | 17.74% |
| 2003-06-28 | 40.00% |
| 2003-03-29 | 40.00% |
| 2002-09-28 | 1.96% |
