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 24.23% is 14% above its 5-year average of 21.26%, near the high end of its 5-year range (-35.09%–24.73%).
As of the fiscal period ended Saturday, June 27, 2026. 7.29% above its 12-month average of 22.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-06-27): 24.23%.
TAX RATE
24.23%
TAX RATE AVG TTM
22.58%
TAX RATE AVG 3Y
21.27%
TAX RATE AVG 5Y
21.26%
TAX RATE AVG 10Y
22.01%
TAX RATE AVG 15Y
26.34%
TAX RATE AVG 20Y
28.00%
CURRENT VS TTM AVG
+7.29%
CURRENT VS 3Y AVG
+13.89%
CURRENT VS 5Y AVG
+13.95%
CURRENT VS 10Y AVG
+10.07%
CURRENT VS 15Y AVG
-8.02%
CURRENT VS 20Y AVG
-13.47%
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 | 24.23% |
| 2026-03-28 | 22.16% |
| 2025-12-27 | 23.49% |
| 2025-09-27 | 22.11% |
| 2025-06-28 | 20.91% |
| 2025-03-29 | 15.36% |
| 2024-12-28 | 18.57% |
| 2024-09-28 | 20.26% |
| 2024-06-29 | 21.50% |
| 2024-03-30 | 20.96% |
| 2023-12-30 | 18.04% |
| 2023-09-30 | 19.53% |
| 2023-07-01 | 23.51% |
| 2023-03-31 | 19.13% |
| 2022-12-31 | 21.68% |
| 2022-10-01 | 20.05% |
| 2022-07-02 | 24.73% |
| 2022-03-31 | 22.11% |
| 2022-01-01 | -35.09% |
| 2021-10-02 | 23.13% |
| 2021-07-03 | 23.77% |
| 2021-03-31 | 15.21% |
| 2020-12-26 | 23.90% |
| 2020-09-26 | 23.20% |
| 2020-06-27 | 23.09% |
| 2020-03-31 | 11.95% |
| 2019-12-28 | 15.50% |
| 2019-09-28 | 23.37% |
| 2019-06-29 | 22.22% |
| 2019-03-31 | 23.41% |
| 2018-12-29 | 21.02% |
| 2018-09-29 | 20.19% |
| 2018-06-30 | 18.42% |
| 2018-03-31 | 27.89% |
| 2017-12-30 | 9.47% |
| 2017-09-30 | 27.26% |
| 2017-07-01 | 24.91% |
| 2017-03-31 | 33.91% |
| 2016-12-31 | 28.91% |
| 2016-10-01 | 28.68% |
| 2016-07-02 | 35.43% |
| 2016-03-31 | 35.90% |
| 2015-12-26 | 32.54% |
| 2015-09-26 | 35.39% |
| 2015-06-27 | 37.62% |
| 2015-03-31 | 34.82% |
| 2014-12-27 | 37.09% |
| 2014-09-27 | 37.16% |
| 2014-06-28 | 35.60% |
| 2014-03-31 | 35.56% |
| 2013-12-28 | 30.71% |
| 2013-09-28 | 29.51% |
| 2013-06-29 | 36.07% |
| 2013-03-31 | 28.57% |
| 2012-12-29 | 42.79% |
| 2012-09-30 | 39.16% |
| 2012-06-30 | 42.05% |
| 2012-03-31 | -21.04% |
| 2011-12-31 | 37.71% |
| 2011-09-30 | 36.29% |
| 2011-06-30 | -3.62% |
| 2011-03-31 | -66.47% |
| 2010-12-31 | 49.91% |
| 2010-09-30 | 38.70% |
| 2010-06-30 | 38.63% |
| 2008-09-30 | 38.41% |
| 2008-06-30 | 38.23% |
| 2008-03-31 | 31.20% |
| 2007-12-31 | 29.93% |
| 2007-09-30 | 29.58% |
| 2007-06-30 | 31.61% |
| 2007-03-31 | 30.00% |
| 2006-12-31 | 33.00% |
| 2006-09-30 | 35.01% |
| 2006-06-30 | 36.00% |
| 2006-03-31 | 35.17% |
| 2005-12-31 | 34.73% |
| 2005-09-30 | 39.00% |
| 2005-06-30 | 39.00% |
| 2005-03-31 | 39.06% |
| 2004-12-31 | 39.01% |
| 2004-09-30 | 39.99% |
| 2004-06-30 | 39.98% |
| 2004-03-31 | 40.07% |
| 2003-12-31 | 39.96% |
| 2003-09-30 | 39.99% |
| 2003-06-30 | 39.99% |
| 2003-03-31 | -14.29% |
| 2002-12-31 | -10.53% |
| 2002-09-30 | -10.00% |
