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 36.29% is 75% above its 5-year average of 20.73%, near the high end of its 5-year range (3.57%–36.29%).
As of the fiscal period ended Saturday, September 27, 2025. 27.85% above its 12-month average of 28.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
36.29%
TAX RATE AVG TTM
28.38%
TAX RATE AVG 3Y
23.38%
TAX RATE AVG 5Y
20.73%
TAX RATE AVG 10Y
22.62%
TAX RATE AVG 15Y
22.70%
TAX RATE AVG 20Y
24.18%
CURRENT VS TTM AVG
+27.85%
CURRENT VS 3Y AVG
+55.21%
CURRENT VS 5Y AVG
+75.06%
CURRENT VS 10Y AVG
+60.44%
CURRENT VS 15Y AVG
+59.83%
CURRENT VS 20Y AVG
+50.05%
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 |
|---|---|
| 2025-09-27 | 36.29% |
| 2025-06-28 | 26.22% |
| 2025-03-29 | 28.07% |
| 2024-09-28 | 22.96% |
| 2024-06-29 | 21.22% |
| 2024-03-30 | 24.77% |
| 2023-12-31 | 9.46% |
| 2023-09-30 | 22.02% |
| 2023-07-01 | 22.71% |
| 2023-04-01 | 20.67% |
| 2022-12-31 | 22.79% |
| 2022-09-24 | 20.71% |
| 2022-06-25 | 23.21% |
| 2022-03-26 | 14.09% |
| 2021-12-31 | 14.55% |
| 2021-09-25 | 14.69% |
| 2021-06-26 | 29.48% |
| 2021-03-27 | 3.57% |
| 2020-12-31 | 16.38% |
| 2020-09-26 | 24.15% |
| 2020-06-27 | 19.40% |
| 2020-03-28 | 8.33% |
| 2019-12-31 | 23.73% |
| 2019-09-28 | -0.43% |
| 2019-06-29 | 24.89% |
| 2019-03-30 | 15.99% |
| 2018-12-31 | 19.79% |
| 2018-09-29 | 16.92% |
| 2018-06-30 | 24.81% |
| 2018-03-31 | 15.50% |
| 2017-12-31 | 142.06% |
| 2017-09-30 | 27.34% |
| 2017-07-01 | 28.92% |
| 2017-04-01 | 39.83% |
| 2016-12-31 | 28.95% |
| 2016-09-24 | 29.23% |
| 2016-06-25 | 34.65% |
| 2016-03-26 | 27.11% |
| 2015-12-31 | 33.46% |
| 2015-09-26 | 28.70% |
| 2015-06-27 | 18.36% |
| 2015-03-28 | 1.04% |
| 2014-12-31 | 28.99% |
| 2014-09-27 | 26.39% |
| 2014-06-28 | 27.86% |
| 2014-03-29 | 24.10% |
| 2013-12-31 | 15.49% |
| 2013-09-28 | 26.66% |
| 2013-06-29 | 22.31% |
| 2013-03-30 | 27.27% |
| 2012-12-31 | 13.31% |
| 2012-09-29 | 21.17% |
| 2012-06-30 | 23.63% |
| 2012-03-31 | 24.69% |
| 2011-12-31 | 17.08% |
| 2011-09-24 | 22.94% |
| 2011-06-25 | 20.21% |
| 2011-03-26 | -8.31% |
| 2010-06-26 | 31.66% |
| 2010-03-27 | 27.60% |
| 2009-12-31 | 34.29% |
| 2009-09-26 | 17.06% |
| 2009-06-27 | 28.83% |
| 2009-03-28 | 29.00% |
| 2008-09-27 | 31.77% |
| 2008-06-28 | 26.41% |
| 2008-03-29 | 27.30% |
| 2007-12-31 | 23.82% |
| 2007-09-29 | 27.81% |
| 2007-06-30 | 28.46% |
| 2007-03-31 | 29.00% |
| 2006-12-31 | 28.26% |
| 2006-09-30 | 32.23% |
| 2006-07-01 | 22.79% |
| 2005-12-31 | -61.41% |
| 2005-09-24 | 27.85% |
| 2005-06-25 | 27.85% |
| 2005-03-26 | 27.85% |
| 2004-12-31 | 31.26% |
| 2004-09-25 | 37.50% |
| 2004-06-26 | 37.50% |
| 2004-03-27 | 52.61% |
| 2003-12-31 | 38.50% |
| 2003-09-27 | 38.50% |
| 2003-06-28 | 38.50% |
| 2003-03-29 | 38.50% |
| 2002-12-31 | 38.50% |
| 2002-09-28 | 36.07% |
| 2002-06-29 | 39.00% |
