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 22.53% is in line with its 5-year average of 21.09%, near the high end of its 5-year range (10.68%–23.77%).
As of the fiscal period ended Sunday, June 14, 2026. 1.82% above its 12-month average of 22.13%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.53%
TAX RATE AVG TTM
22.13%
TAX RATE AVG 3Y
22.09%
TAX RATE AVG 5Y
21.09%
TAX RATE AVG 10Y
20.51%
TAX RATE AVG 15Y
26.16%
TAX RATE AVG 20Y
28.14%
CURRENT VS TTM AVG
+1.82%
CURRENT VS 3Y AVG
+2.01%
CURRENT VS 5Y AVG
+6.85%
CURRENT VS 10Y AVG
+9.87%
CURRENT VS 15Y AVG
-13.89%
CURRENT VS 20Y AVG
-19.95%
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 |
|---|---|
| 2026-06-14 | 22.53% |
| 2026-03-22 | 22.60% |
| 2025-12-28 | 21.16% |
| 2025-09-07 | 22.25% |
| 2025-06-15 | 22.09% |
| 2025-03-23 | 22.25% |
| 2024-12-29 | 23.33% |
| 2024-09-08 | 20.42% |
| 2024-06-16 | 14.98% |
| 2024-03-24 | 15.90% |
| 2023-12-31 | 23.46% |
| 2023-09-10 | 15.89% |
| 2023-06-18 | 20.76% |
| 2023-03-26 | 21.42% |
| 2022-12-31 | 16.59% |
| 2022-09-11 | 23.77% |
| 2022-06-19 | 23.22% |
| 2022-03-27 | 22.73% |
| 2021-12-31 | 20.64% |
| 2021-09-12 | 10.68% |
| 2021-06-20 | 19.62% |
| 2021-03-28 | 21.30% |
| 2020-12-31 | 19.87% |
| 2020-09-06 | 19.91% |
| 2020-06-14 | 4.68% |
| 2020-03-22 | -3.67% |
| 2019-12-31 | 17.77% |
| 2019-09-08 | 21.65% |
| 2019-06-16 | 12.85% |
| 2019-03-24 | 15.11% |
| 2018-12-31 | 17.03% |
| 2018-09-09 | 15.27% |
| 2018-06-17 | 15.12% |
| 2018-03-25 | 14.32% |
| 2017-12-31 | 31.66% |
| 2017-09-10 | 33.33% |
| 2017-06-18 | 25.74% |
| 2017-03-26 | 30.98% |
| 2016-12-31 | 38.00% |
| 2016-09-11 | 37.70% |
| 2016-06-19 | 37.40% |
| 2016-03-27 | 37.60% |
| 2015-12-31 | 36.04% |
| 2015-09-06 | 37.60% |
| 2015-06-14 | 37.35% |
| 2015-03-22 | 37.60% |
| 2014-12-31 | 36.98% |
| 2014-09-07 | 37.50% |
| 2014-06-15 | 37.50% |
| 2014-03-23 | 36.64% |
| 2013-12-31 | 36.72% |
| 2013-09-08 | 34.06% |
| 2013-06-16 | 37.75% |
| 2013-03-24 | 36.99% |
| 2012-12-31 | 37.69% |
| 2012-09-09 | 36.60% |
| 2012-06-17 | 37.72% |
| 2012-03-25 | 40.39% |
| 2011-12-31 | 35.69% |
| 2011-09-11 | 36.76% |
| 2011-06-19 | 38.53% |
| 2011-03-27 | 38.01% |
| 2010-12-31 | 36.14% |
| 2010-09-12 | 38.99% |
| 2010-06-20 | 34.08% |
| 2010-03-28 | 38.02% |
| 2009-12-31 | 38.49% |
| 2009-09-06 | 40.99% |
| 2009-06-14 | 46.83% |
| 2009-03-22 | 39.96% |
| 2008-12-31 | 31.75% |
| 2008-09-07 | 30.65% |
| 2008-06-15 | 34.57% |
| 2008-03-23 | 40.00% |
| 2007-12-31 | 24.85% |
| 2007-09-09 | 39.77% |
| 2007-06-17 | -3.30% |
| 2007-03-25 | 38.00% |
| 2006-12-31 | 34.12% |
| 2006-09-10 | 34.59% |
| 2006-06-18 | 27.12% |
| 2006-03-26 | 38.00% |
| 2005-12-31 | 38.19% |
| 2005-09-11 | 38.40% |
| 2005-06-19 | 35.17% |
| 2005-03-27 | 37.75% |
| 2004-12-31 | 37.75% |
| 2004-09-05 | 37.76% |
| 2004-06-13 | 37.75% |
| 2004-03-31 | 37.75% |
| 2003-12-31 | 37.46% |
| 2003-05-31 | 38.02% |
