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 19.29% is 26% above its 5-year average of 15.35%, near the high end of its 5-year range (-6.17%–20.55%).
As of the fiscal period ended Friday, June 26, 2026. 21.09% above its 12-month average of 15.93%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.29%
TAX RATE AVG TTM
15.93%
TAX RATE AVG 3Y
16.51%
TAX RATE AVG 5Y
16.82%
TAX RATE AVG 10Y
17.35%
TAX RATE AVG 15Y
19.54%
TAX RATE AVG 20Y
20.48%
CURRENT VS TTM AVG
+21.09%
CURRENT VS 3Y AVG
+16.88%
CURRENT VS 5Y AVG
+14.75%
CURRENT VS 10Y AVG
+11.24%
CURRENT VS 15Y AVG
-1.28%
CURRENT VS 20Y AVG
-5.78%
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 |
|---|---|
| 2026-06-26 | 19.29% |
| 2026-03-27 | 16.68% |
| 2025-12-31 | 12.82% |
| 2025-09-26 | 15.61% |
| 2025-06-27 | 15.27% |
| 2025-03-28 | 15.50% |
| 2024-12-31 | 17.41% |
| 2024-09-27 | 16.27% |
| 2024-06-28 | 16.25% |
| 2024-03-29 | 14.40% |
| 2023-12-31 | 9.01% |
| 2023-09-29 | 18.05% |
| 2023-06-30 | 20.55% |
| 2023-03-31 | 18.58% |
| 2022-12-31 | -6.17% |
| 2022-09-30 | 18.59% |
| 2022-07-01 | 18.80% |
| 2022-04-01 | 17.82% |
| 2021-12-31 | 14.24% |
| 2021-10-01 | 16.51% |
| 2021-07-02 | 16.84% |
| 2021-04-02 | 18.29% |
| 2020-12-31 | 19.52% |
| 2020-10-02 | 13.51% |
| 2020-07-03 | 24.05% |
| 2020-04-03 | 16.31% |
| 2019-12-31 | 18.72% |
| 2019-09-27 | 19.82% |
| 2019-06-28 | 17.83% |
| 2019-03-29 | 53.85% |
| 2018-12-31 | 19.32% |
| 2018-09-28 | 17.17% |
| 2018-06-29 | 19.32% |
| 2018-03-30 | 20.54% |
| 2017-12-31 | 12.50% |
| 2017-09-29 | 21.61% |
| 2017-06-30 | 13.57% |
| 2017-03-31 | 17.33% |
| 2016-12-31 | -7.27% |
| 2016-09-30 | 15.54% |
| 2016-07-01 | 32.17% |
| 2016-04-01 | 27.34% |
| 2015-12-31 | 20.06% |
| 2015-10-02 | 23.23% |
| 2015-07-03 | 23.02% |
| 2015-04-03 | 23.65% |
| 2014-12-31 | 31.39% |
| 2014-09-26 | 22.40% |
| 2014-06-27 | 23.05% |
| 2014-03-28 | 23.85% |
| 2013-12-31 | 25.47% |
| 2013-09-27 | 23.34% |
| 2013-06-28 | 23.45% |
| 2013-03-29 | 24.99% |
| 2012-12-31 | 23.43% |
| 2012-09-28 | 23.49% |
| 2012-06-29 | 22.47% |
| 2012-03-30 | 25.30% |
| 2011-12-31 | 23.48% |
| 2011-09-30 | 9.89% |
| 2011-07-01 | 24.64% |
| 2011-04-01 | 25.22% |
| 2010-12-31 | 20.97% |
| 2010-10-01 | 22.45% |
| 2010-07-02 | 26.29% |
| 2010-04-02 | 25.73% |
| 2009-12-31 | 25.84% |
| 2009-10-02 | 19.11% |
| 2009-07-03 | 5.75% |
| 2009-04-03 | 24.97% |
| 2008-12-31 | 24.00% |
| 2008-09-26 | 24.54% |
| 2008-06-27 | 23.97% |
| 2008-03-28 | 26.48% |
| 2007-12-31 | 26.34% |
| 2007-09-28 | 23.64% |
| 2007-06-29 | 26.73% |
| 2007-03-30 | 26.94% |
| 2006-12-31 | 23.41% |
| 2006-09-29 | 26.88% |
| 2006-06-30 | 14.48% |
| 2006-03-31 | 25.39% |
| 2005-12-31 | 27.12% |
| 2005-09-30 | 27.02% |
| 2005-07-01 | 27.50% |
| 2005-04-01 | 27.50% |
| 2004-12-31 | 28.50% |
| 2004-10-01 | 28.50% |
| 2004-07-02 | 30.00% |
| 2004-04-02 | 31.50% |
| 2003-12-31 | 32.00% |
| 2003-09-26 | 32.00% |
| 2003-06-27 | 33.50% |
| 2003-03-28 | 33.50% |
| 2002-12-31 | 32.71% |
| 2002-09-27 | 34.50% |
