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 12.37% is 12% below its 5-year average of 14.09%, around the middle of its 5-year range (1.24%–23.99%).
As of the fiscal period ended Friday, July 3, 2026. 13.56% above its 12-month average of 10.89%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.37%
TAX RATE AVG TTM
10.89%
TAX RATE AVG 3Y
12.05%
TAX RATE AVG 5Y
14.09%
TAX RATE AVG 10Y
14.21%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+13.56%
CURRENT VS 3Y AVG
+2.66%
CURRENT VS 5Y AVG
-12.25%
CURRENT VS 10Y AVG
-12.99%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 12.37% |
| 2026-04-03 | 16.63% |
| 2025-12-31 | 1.24% |
| 2025-09-26 | 13.33% |
| 2025-06-27 | 13.23% |
| 2025-03-28 | 14.65% |
| 2024-12-31 | 23.99% |
| 2024-09-27 | 4.57% |
| 2024-06-28 | 14.69% |
| 2024-03-29 | 11.37% |
| 2023-12-31 | 4.43% |
| 2023-09-29 | 15.21% |
| 2023-06-30 | 16.53% |
| 2023-03-31 | 15.65% |
| 2022-12-31 | 11.60% |
| 2022-09-30 | 12.69% |
| 2022-07-01 | 16.91% |
| 2022-04-01 | 13.47% |
| 2021-12-31 | 4.44% |
| 2021-10-01 | 13.10% |
| 2021-07-02 | 12.29% |
| 2021-04-02 | 5.90% |
| 2020-12-31 | 0.99% |
| 2020-09-25 | 13.39% |
| 2020-06-26 | 16.94% |
| 2020-03-27 | 24.20% |
| 2019-12-31 | 26.33% |
| 2019-09-27 | 11.82% |
| 2019-06-28 | 14.19% |
| 2019-03-29 | 14.76% |
| 2018-12-31 | 10.21% |
| 2018-09-28 | 16.96% |
| 2018-06-29 | 16.43% |
| 2018-03-30 | 15.71% |
| 2017-12-31 | -3.87% |
| 2017-09-29 | 23.11% |
| 2017-06-30 | 26.26% |
| 2017-03-31 | 26.66% |
| 2016-12-31 | 28.68% |
| 2016-09-30 | 24.32% |
| 2016-07-01 | 25.20% |
| 2016-04-01 | 30.80% |
| 2015-12-31 | 30.17% |
| 2015-09-30 | 34.86% |
| 2015-06-30 | 32.26% |
| 2015-03-31 | 30.74% |
| 2014-12-31 | 28.24% |
