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 27.89% is in line with its 5-year average of 27.50%, near the high end of its 5-year range (9.75%–30.44%).
As of the fiscal period ended Friday, July 3, 2026. 0.88% below its 12-month average of 28.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
27.89%
TAX RATE AVG TTM
28.14%
TAX RATE AVG 3Y
27.46%
TAX RATE AVG 5Y
27.50%
TAX RATE AVG 10Y
26.68%
TAX RATE AVG 15Y
30.86%
TAX RATE AVG 20Y
33.37%
CURRENT VS TTM AVG
-0.88%
CURRENT VS 3Y AVG
+1.58%
CURRENT VS 5Y AVG
+1.45%
CURRENT VS 10Y AVG
+4.55%
CURRENT VS 15Y AVG
-9.61%
CURRENT VS 20Y AVG
-16.40%
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 |
|---|---|
| 2026-07-03 | 27.89% |
| 2026-04-03 | 30.16% |
| 2026-01-02 | 27.39% |
| 2025-10-03 | 27.38% |
| 2025-07-04 | 27.87% |
| 2025-04-04 | 29.42% |
| 2025-01-03 | 24.70% |
| 2024-09-27 | 27.53% |
| 2024-06-28 | 26.35% |
| 2024-03-29 | 25.43% |
| 2023-12-29 | 30.44% |
| 2023-09-29 | 27.87% |
| 2023-06-30 | 28.98% |
| 2023-03-31 | 18.05% |
| 2022-12-30 | 26.20% |
| 2022-09-30 | 26.99% |
| 2022-07-01 | 27.31% |
| 2022-04-01 | 9.75% |
| 2021-12-31 | 28.88% |
| 2021-10-01 | 24.13% |
| 2021-07-02 | 26.73% |
| 2021-04-02 | -2.40% |
| 2021-01-01 | 18.60% |
| 2020-10-02 | 26.60% |
| 2020-07-03 | 23.67% |
| 2020-04-03 | -9.26% |
| 2020-01-03 | 28.67% |
| 2019-09-27 | 22.13% |
| 2019-06-28 | 27.23% |
| 2019-03-29 | 2.62% |
| 2018-12-28 | 26.97% |
| 2018-09-28 | 27.25% |
| 2018-06-29 | 26.06% |
| 2018-03-30 | 9.40% |
| 2017-12-29 | 117.88% |
| 2017-09-29 | 33.53% |
| 2017-06-30 | 38.29% |
| 2017-03-31 | 4.79% |
| 2016-12-30 | 38.13% |
| 2016-09-30 | 37.00% |
| 2016-07-01 | 37.32% |
| 2016-04-01 | 13.44% |
| 2016-01-01 | 38.43% |
| 2015-10-02 | 37.58% |
| 2015-07-03 | 39.37% |
| 2015-04-03 | 39.47% |
| 2015-01-02 | 41.60% |
| 2014-10-03 | 39.92% |
| 2014-07-04 | 38.78% |
| 2014-04-04 | 40.42% |
| 2014-01-03 | 40.48% |
| 2013-09-27 | 36.66% |
| 2013-06-28 | 40.63% |
| 2013-03-29 | 40.94% |
| 2012-12-28 | 41.32% |
| 2012-09-28 | 37.39% |
| 2012-06-29 | 40.13% |
| 2012-03-30 | 40.28% |
| 2011-12-30 | 40.89% |
| 2011-09-30 | 39.28% |
| 2011-07-01 | 41.14% |
| 2011-04-01 | 40.18% |
| 2010-12-31 | 42.19% |
| 2010-10-01 | 40.77% |
| 2010-07-02 | 40.72% |
| 2010-04-02 | 40.75% |
| 2010-01-01 | 41.64% |
| 2009-10-02 | 39.79% |
| 2009-07-03 | 39.97% |
| 2009-04-03 | 39.82% |
| 2009-01-02 | 38.77% |
| 2008-09-26 | 40.83% |
| 2008-06-27 | 39.83% |
| 2008-03-28 | 39.74% |
| 2007-12-28 | 39.38% |
| 2007-09-28 | 39.34% |
| 2007-06-29 | 39.94% |
| 2007-03-30 | 39.37% |
| 2006-12-29 | 39.41% |
| 2006-09-29 | 41.62% |
| 2006-06-30 | 39.00% |
| 2006-03-31 | 39.00% |
| 2005-12-30 | 34.78% |
| 2005-09-30 | 33.47% |
| 2005-07-01 | 39.59% |
| 2005-04-01 | 39.61% |
| 2004-12-31 | 40.94% |
| 2004-10-01 | 41.00% |
| 2004-07-02 | 40.96% |
| 2004-04-02 | 41.03% |
| 2004-01-02 | 41.55% |
| 2003-10-03 | 41.57% |
| 2003-07-04 | 43.47% |
| 2003-04-04 | 43.51% |
| 2003-01-03 | 43.55% |
| 2002-09-27 | 43.46% |
