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 22.39% is 46% below its 5-year average of 41.29%, near the high end of its 5-year range (-851.33%–231.24%).
As of the fiscal period ended Friday, July 3, 2026. 60.53% below its 12-month average of 56.73%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-07-03): 22.39%.
TAX RATE
22.39%
TAX RATE AVG TTM
56.73%
TAX RATE AVG 3Y
-59.36%
TAX RATE AVG 5Y
41.29%
TAX RATE AVG 10Y
26.77%
TAX RATE AVG 15Y
30.82%
TAX RATE AVG 20Y
21.71%
CURRENT VS TTM AVG
-60.53%
CURRENT VS 3Y AVG
+137.72%
CURRENT VS 5Y AVG
-45.78%
CURRENT VS 10Y AVG
-16.35%
CURRENT VS 15Y AVG
-27.35%
CURRENT VS 20Y AVG
+3.14%
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 |
|---|---|
| 2026-07-03 | 22.39% |
| 2026-04-03 | 41.92% |
| 2025-12-31 | 93.41% |
| 2025-09-26 | 69.20% |
| 2025-06-27 | 3.53% |
| 2025-03-28 | 29.96% |
| 2024-12-31 | 32.05% |
| 2024-09-27 | 24.61% |
| 2023-12-31 | -851.33% |
| 2023-06-30 | 82.77% |
| 2023-03-31 | 49.98% |
| 2022-12-31 | 60.02% |
| 2022-09-30 | 12.79% |
| 2022-07-01 | 17.38% |
| 2022-04-01 | 231.24% |
| 2021-12-31 | -59.26% |
| 2021-10-01 | 38.11% |
| 2020-12-31 | -0.29% |
| 2019-12-31 | -42.20% |
| 2019-09-27 | 4.92% |
| 2018-12-31 | 27.26% |
| 2012-12-31 | -97.37% |
| 2011-12-31 | 30.83% |
| 2011-09-30 | 17.75% |
| 2011-07-01 | 66.61% |
| 2010-10-01 | 127.10% |
| 2010-07-02 | -1.11% |
| 2010-04-02 | -115.00% |
| 2009-12-31 | 98.80% |
| 2008-12-31 | -53.88% |
| 2008-09-26 | -0.60% |
| 2008-06-27 | -127.15% |
| 2008-03-28 | 6.49% |
| 2007-12-31 | 16.30% |
| 2007-09-28 | 7.38% |
| 2007-06-29 | -2.86% |
| 2007-03-30 | 17.15% |
| 2006-12-31 | 2.46% |
| 2006-09-29 | 2.50% |
| 2005-04-01 | 4.05% |
| 2004-12-31 | 2.77% |
| 2003-12-31 | -21.90% |
