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 32.86% is 16% above its 5-year average of 28.34%, near the high end of its 5-year range (14.84%–36.02%).
As of the fiscal period ended Saturday, July 4, 2026. 3.32% above its 12-month average of 31.81%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-07-04): 32.86%.
TAX RATE
32.86%
TAX RATE AVG TTM
31.81%
TAX RATE AVG 3Y
29.29%
TAX RATE AVG 5Y
28.34%
TAX RATE AVG 10Y
27.33%
TAX RATE AVG 15Y
30.17%
TAX RATE AVG 20Y
34.28%
CURRENT VS TTM AVG
+3.32%
CURRENT VS 3Y AVG
+12.20%
CURRENT VS 5Y AVG
+15.95%
CURRENT VS 10Y AVG
+20.24%
CURRENT VS 15Y AVG
+8.93%
CURRENT VS 20Y AVG
-4.14%
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 |
|---|---|
| 2026-07-04 | 32.86% |
| 2026-04-04 | 36.02% |
| 2026-01-03 | 29.07% |
| 2025-09-27 | 29.28% |
| 2025-06-28 | 29.18% |
| 2025-03-29 | 26.95% |
| 2024-12-28 | 30.57% |
| 2024-09-28 | 28.65% |
| 2024-06-29 | 32.00% |
| 2024-03-30 | 27.99% |
| 2023-12-30 | 26.35% |
| 2023-09-30 | 18.31% |
| 2023-07-01 | 30.15% |
| 2023-04-01 | 29.19% |
| 2022-12-31 | 22.15% |
| 2022-10-01 | 25.27% |
| 2022-07-02 | 28.33% |
| 2022-04-02 | 26.38% |
| 2021-12-31 | 27.44% |
| 2021-10-02 | 14.84% |
| 2021-07-03 | 25.82% |
| 2021-04-03 | 24.38% |
| 2020-12-31 | 26.12% |
| 2020-09-26 | 28.21% |
| 2020-06-27 | 24.59% |
| 2020-03-28 | 29.35% |
| 2019-12-31 | 21.39% |
| 2019-09-28 | 14.23% |
| 2019-06-29 | 29.78% |
| 2019-03-30 | 23.52% |
| 2018-12-31 | 17.91% |
| 2018-09-29 | 20.87% |
| 2018-06-30 | 29.76% |
| 2018-03-31 | 19.64% |
| 2017-09-30 | 41.73% |
| 2017-07-01 | 33.99% |
| 2017-04-01 | 38.59% |
| 2016-12-31 | 38.49% |
| 2016-10-01 | 37.73% |
| 2016-07-02 | 26.99% |
| 2016-04-02 | 46.50% |
| 2015-10-03 | 35.27% |
| 2015-07-04 | 40.60% |
| 2015-04-04 | 37.40% |
| 2014-12-31 | 37.84% |
| 2014-09-27 | 42.80% |
| 2014-06-28 | 50.00% |
| 2014-03-31 | 38.56% |
| 2013-12-31 | 28.83% |
| 2013-09-28 | 44.00% |
| 2013-06-29 | 59.89% |
| 2013-03-30 | 16.05% |
| 2012-09-29 | 169.49% |
| 2012-06-30 | 71.32% |
| 2012-03-31 | 86.60% |
| 2011-12-31 | 42.38% |
| 2011-10-01 | 34.58% |
| 2011-07-02 | 40.33% |
| 2011-04-02 | 40.23% |
| 2010-11-27 | 65.36% |
| 2010-09-03 | 46.28% |
| 2010-02-19 | 81.50% |
| 2009-11-28 | 30.79% |
| 2009-09-04 | 51.76% |
| 2009-05-15 | 53.37% |
| 2009-02-20 | 81.21% |
| 2008-11-29 | 59.05% |
| 2008-08-29 | 60.90% |
| 2008-05-09 | 143.23% |
| 2008-02-15 | 50.81% |
| 2007-11-24 | 40.90% |
| 2007-08-31 | 42.60% |
| 2007-05-11 | 27.48% |
| 2007-02-16 | 41.34% |
| 2006-11-25 | 49.39% |
| 2006-09-01 | 40.30% |
| 2006-05-12 | 39.00% |
| 2006-02-17 | 73.32% |
| 2005-11-26 | 41.77% |
| 2005-09-02 | 40.50% |
| 2005-05-13 | 44.00% |
| 2005-02-18 | 47.00% |
| 2004-11-27 | 41.42% |
| 2004-09-03 | 51.45% |
| 2004-05-14 | 43.00% |
| 2004-02-20 | 42.99% |
| 2003-11-29 | 46.84% |
| 2003-09-05 | 42.69% |
| 2003-05-16 | 41.78% |
| 2003-02-21 | 41.60% |
| 2002-11-30 | 37.92% |
| 2002-08-30 | 45.06% |