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 22.71% is in line with its 5-year average of 21.67%, near the high end of its 5-year range (3.53%–27.16%).
As of the fiscal period ended Sunday, June 28, 2026. 1.65% above its 12-month average of 22.34%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.71%
TAX RATE AVG TTM
22.34%
TAX RATE AVG 3Y
23.87%
TAX RATE AVG 5Y
23.18%
TAX RATE AVG 10Y
19.02%
TAX RATE AVG 15Y
21.92%
TAX RATE AVG 20Y
23.94%
CURRENT VS TTM AVG
+1.65%
CURRENT VS 3Y AVG
-4.83%
CURRENT VS 5Y AVG
-2.02%
CURRENT VS 10Y AVG
+19.42%
CURRENT VS 15Y AVG
+3.59%
CURRENT VS 20Y AVG
-5.14%
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 |
|---|---|
| 2026-06-28 | 22.71% |
| 2026-03-29 | 18.27% |
| 2025-12-28 | 25.03% |
| 2025-09-28 | 23.36% |
| 2025-03-31 | 27.16% |
| 2024-09-29 | 23.08% |
| 2024-06-30 | 24.28% |
| 2024-03-31 | 27.04% |
| 2022-09-25 | 22.58% |
| 2022-06-26 | 21.90% |
| 2022-03-27 | 21.57% |
| 2021-12-31 | 3.53% |
| 2021-09-26 | 21.18% |
| 2021-06-27 | 153.28% |
| 2021-03-28 | 9.27% |
| 2020-12-31 | 23.33% |
| 2020-09-27 | 26.47% |
| 2019-12-31 | 10.52% |
| 2019-09-29 | 18.02% |
| 2019-06-30 | -119.92% |
| 2019-03-31 | 9.69% |
| 2018-09-30 | 10.80% |
| 2018-07-01 | 11.49% |
| 2017-12-31 | 101.90% |
| 2017-10-01 | 24.08% |
| 2017-07-02 | 22.06% |
| 2017-04-02 | 3.16% |
| 2016-12-31 | 17.88% |
| 2016-09-25 | 26.03% |
| 2016-06-26 | 26.26% |
| 2016-03-27 | 20.67% |
| 2015-12-31 | 24.61% |
| 2015-09-27 | 27.49% |
| 2015-06-28 | 24.91% |
| 2015-03-29 | 24.75% |
| 2014-12-31 | 17.82% |
| 2014-09-28 | 26.18% |
| 2014-06-29 | 49.13% |
| 2014-03-30 | -21.23% |
| 2013-12-31 | 20.49% |
| 2013-09-29 | 19.29% |
| 2013-06-30 | 28.58% |
| 2012-12-31 | 24.97% |
| 2012-09-30 | 26.72% |
| 2012-07-01 | 27.21% |
| 2011-12-31 | 26.44% |
| 2011-09-25 | 22.79% |
| 2011-06-26 | -9.63% |
| 2011-03-27 | 24.70% |
| 2010-12-31 | 19.24% |
| 2010-09-26 | 29.17% |
| 2010-06-27 | 28.52% |
| 2010-03-28 | -8.69% |
| 2009-12-31 | 26.87% |
| 2009-09-27 | 30.98% |
| 2009-06-28 | 30.92% |
| 2009-03-31 | 30.98% |
| 2008-12-31 | 27.22% |
| 2008-09-28 | 31.41% |
| 2008-06-29 | 32.19% |
| 2008-03-31 | 32.69% |
| 2007-12-31 | 28.45% |
| 2007-09-30 | 20.76% |
| 2007-07-01 | 78.14% |
| 2007-04-01 | 33.69% |
| 2006-12-31 | 36.51% |
| 2006-10-01 | 30.78% |
| 2006-07-02 | 16.66% |
| 2005-12-31 | 39.23% |
| 2005-09-25 | 27.12% |
| 2005-06-26 | 9.90% |
| 2004-12-31 | 25.21% |
| 2004-09-26 | 25.66% |
| 2004-06-27 | 17.56% |
| 2004-03-28 | 22.34% |
| 2003-12-31 | 29.52% |
| 2003-09-28 | 27.35% |
| 2003-06-29 | 27.00% |
| 2003-03-30 | 27.01% |
| 2002-12-31 | 28.27% |
| 2002-09-29 | 26.00% |
