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 22.01% is 59% above its 5-year average of 13.81%, near the high end of its 5-year range (2.29%–27.77%).
As of the fiscal period ended Tuesday, March 31, 2026. 43.03% above its 12-month average of 15.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.01%
TAX RATE AVG TTM
15.38%
TAX RATE AVG 3Y
11.77%
TAX RATE AVG 5Y
13.68%
TAX RATE AVG 10Y
16.08%
TAX RATE AVG 15Y
19.47%
TAX RATE AVG 20Y
22.19%
CURRENT VS TTM AVG
+43.03%
CURRENT VS 3Y AVG
+86.94%
CURRENT VS 5Y AVG
+60.81%
CURRENT VS 10Y AVG
+36.81%
CURRENT VS 15Y AVG
+13.01%
CURRENT VS 20Y AVG
-0.84%
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 |
|---|---|
| 2026-03-31 | 22.01% |
| 2025-12-28 | 14.87% |
| 2025-09-28 | 10.53% |
| 2025-06-29 | 12.49% |
| 2025-03-31 | 17.03% |
| 2024-12-29 | 9.38% |
| 2024-09-29 | 2.29% |
| 2024-06-30 | 11.62% |
| 2024-03-31 | 8.51% |
| 2023-12-31 | 3.18% |
| 2023-10-01 | 11.15% |
| 2023-07-02 | 9.16% |
| 2023-03-31 | 12.97% |
| 2023-01-01 | 23.23% |
| 2022-10-02 | 14.36% |
| 2022-07-03 | 15.73% |
| 2022-03-31 | 27.77% |
| 2022-01-02 | 15.34% |
| 2021-10-03 | 10.76% |
| 2021-07-04 | 15.99% |
| 2021-03-31 | 21.69% |
| 2021-01-03 | 11.94% |
| 2020-10-04 | 13.85% |
| 2020-07-05 | 15.41% |
| 2020-03-31 | 120.77% |
| 2019-12-29 | 16.24% |
| 2019-09-29 | -29.50% |
| 2019-06-30 | 16.99% |
| 2019-03-31 | 21.94% |
| 2018-12-30 | -13.26% |
| 2018-09-30 | 18.57% |
| 2018-07-01 | 19.73% |
| 2018-03-31 | 9.38% |
| 2017-12-31 | 141.23% |
| 2017-10-01 | 21.68% |
| 2017-07-02 | 20.74% |
| 2017-03-31 | 25.14% |
| 2017-01-01 | 26.74% |
| 2016-10-02 | 26.19% |
| 2016-07-03 | 24.42% |
| 2016-03-31 | 65.42% |
| 2015-12-27 | 22.00% |
| 2015-09-27 | 26.07% |
| 2015-06-28 | 22.68% |
| 2015-03-31 | 33.50% |
| 2014-12-28 | 23.64% |
| 2014-09-28 | 28.51% |
| 2014-06-29 | 25.33% |
| 2014-03-31 | -144.12% |
| 2013-12-29 | -13.52% |
| 2013-09-29 | 27.00% |
| 2013-06-30 | 27.80% |
| 2013-03-31 | 28.00% |
| 2012-12-30 | 28.18% |
| 2012-09-30 | 28.00% |
| 2012-07-01 | 29.11% |
| 2012-03-31 | 25.64% |
| 2012-01-01 | 22.97% |
| 2011-10-02 | 26.31% |
| 2011-07-03 | 24.00% |
| 2011-03-31 | 23.74% |
| 2011-01-02 | 21.58% |
| 2010-10-03 | 29.00% |
| 2010-07-04 | 27.00% |
| 2010-03-31 | 28.17% |
| 2009-12-27 | 26.38% |
| 2009-09-27 | 31.00% |
| 2009-06-28 | 31.47% |
| 2009-03-31 | 41.12% |
| 2008-12-28 | 34.00% |
| 2008-09-28 | 32.27% |
| 2008-06-29 | 25.06% |
| 2008-03-31 | 34.07% |
| 2007-12-30 | 27.73% |
| 2007-09-30 | 29.20% |
| 2007-07-01 | 31.20% |
| 2007-03-31 | 30.82% |
| 2006-12-31 | 16.48% |
| 2006-10-01 | 31.70% |
| 2006-07-02 | 31.84% |
| 2006-03-31 | 30.60% |
| 2006-01-01 | 29.13% |
| 2005-10-02 | 31.74% |
| 2005-07-03 | 34.24% |
| 2005-03-31 | 34.30% |
| 2005-01-02 | 35.17% |
| 2004-10-03 | 32.16% |
| 2004-07-04 | 37.13% |
