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 23.19% is in line with its 5-year average of 21.90%, near the low end of its 5-year range (15.44%–73.81%).
As of the fiscal period ended Saturday, July 4, 2026. 5.07% above its 12-month average of 22.07%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-07-04): 23.19%.
TAX RATE
23.19%
TAX RATE AVG TTM
22.07%
TAX RATE AVG 3Y
21.87%
TAX RATE AVG 5Y
21.90%
TAX RATE AVG 10Y
21.45%
TAX RATE AVG 15Y
27.34%
TAX RATE AVG 20Y
29.69%
CURRENT VS TTM AVG
+5.07%
CURRENT VS 3Y AVG
+6.02%
CURRENT VS 5Y AVG
+5.87%
CURRENT VS 10Y AVG
+8.11%
CURRENT VS 15Y AVG
-15.20%
CURRENT VS 20Y AVG
-21.88%
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 | 23.19% |
| 2026-04-04 | 27.80% |
| 2026-01-03 | 15.44% |
| 2025-09-27 | 21.85% |
| 2025-06-28 | 73.81% |
| 2025-03-29 | 27.21% |
| 2024-12-31 | 18.81% |
| 2024-09-28 | 17.55% |
| 2024-06-29 | 19.57% |
| 2024-03-30 | 23.85% |
| 2023-12-31 | 22.79% |
| 2023-09-30 | 22.54% |
| 2023-07-01 | 23.63% |
| 2023-04-01 | 24.49% |
| 2022-12-31 | 20.18% |
| 2022-10-01 | 19.67% |
| 2022-07-02 | 21.48% |
| 2022-04-02 | 23.10% |
| 2021-12-31 | 21.46% |
| 2021-10-02 | 21.56% |
| 2021-07-03 | 23.18% |
| 2021-04-03 | 23.92% |
| 2020-12-31 | 18.13% |
| 2020-09-26 | 18.98% |
| 2020-06-27 | -48.89% |
| 2019-12-31 | 19.19% |
| 2019-09-28 | 18.16% |
| 2019-06-29 | 21.13% |
| 2019-03-30 | 21.21% |
| 2018-12-31 | 18.90% |
| 2018-09-29 | 23.52% |
| 2018-06-30 | 22.81% |
| 2018-03-31 | 19.68% |
| 2017-12-31 | 1.49% |
| 2017-09-30 | 33.22% |
| 2017-07-01 | 34.56% |
| 2017-04-01 | 35.03% |
| 2016-12-31 | 34.23% |
| 2016-10-01 | 34.94% |
| 2016-07-02 | 35.48% |
| 2016-04-02 | 35.18% |
| 2015-12-31 | 34.65% |
| 2015-10-03 | 36.04% |
| 2015-07-04 | 36.74% |
| 2015-04-04 | 34.47% |
| 2014-12-31 | 35.04% |
| 2014-09-27 | 35.63% |
| 2014-06-28 | 36.52% |
| 2014-03-29 | 36.69% |
| 2013-12-31 | 35.15% |
| 2013-09-28 | 35.08% |
| 2013-06-29 | 36.84% |
| 2013-03-30 | 36.55% |
| 2012-12-31 | 36.79% |
| 2012-09-29 | 36.78% |
| 2012-06-30 | 36.76% |
| 2012-03-31 | 37.38% |
| 2011-12-31 | 34.92% |
| 2011-10-01 | 37.54% |
| 2011-07-02 | 38.24% |
| 2011-04-02 | 37.97% |
| 2010-12-31 | 37.23% |
| 2010-10-02 | 36.59% |
| 2010-07-03 | 37.92% |
| 2010-04-03 | 37.69% |
| 2009-12-31 | 37.90% |
| 2009-10-03 | 36.89% |
| 2009-07-04 | 37.86% |
| 2009-04-04 | 35.52% |
| 2008-12-31 | 37.66% |
| 2008-09-27 | 37.09% |
| 2008-06-28 | 37.73% |
| 2008-03-31 | 27.90% |
| 2007-12-31 | 36.52% |
| 2007-09-30 | 35.88% |
| 2007-03-31 | 37.77% |
| 2006-12-31 | 36.72% |
| 2006-09-30 | 36.35% |
| 2006-07-01 | 37.74% |
| 2006-04-01 | 37.83% |
| 2005-12-31 | 39.19% |
| 2005-10-01 | 39.47% |
| 2005-07-02 | 39.52% |
| 2005-04-02 | 312.84% |
| 2004-12-31 | 40.97% |
| 2004-10-02 | 39.56% |
| 2004-07-03 | 39.01% |
| 2004-04-03 | 39.00% |
| 2003-12-31 | 56.29% |
| 2003-10-04 | 38.50% |
| 2002-12-31 | 43.81% |
| 2002-09-28 | 38.37% |
