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 25.33% is 13% above its 5-year average of 22.38%, near the high end of its 5-year range (5.56%–25.33%).
As of the fiscal period ended Saturday, March 28, 2026. 7.41% above its 12-month average of 23.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.33%
TAX RATE AVG TTM
23.58%
TAX RATE AVG 3Y
23.48%
TAX RATE AVG 5Y
23.26%
TAX RATE AVG 10Y
23.44%
TAX RATE AVG 15Y
25.51%
TAX RATE AVG 20Y
27.24%
CURRENT VS TTM AVG
+7.41%
CURRENT VS 3Y AVG
+7.89%
CURRENT VS 5Y AVG
+8.91%
CURRENT VS 10Y AVG
+8.07%
CURRENT VS 15Y AVG
-0.69%
CURRENT VS 20Y AVG
-6.99%
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 |
|---|---|
| 2026-03-28 | 25.33% |
| 2025-12-27 | 23.70% |
| 2025-09-27 | 20.44% |
| 2025-06-28 | 24.80% |
| 2025-03-29 | 23.65% |
| 2024-12-31 | 24.41% |
| 2024-09-28 | 24.43% |
| 2024-06-29 | 23.91% |
| 2024-03-30 | 24.62% |
| 2023-12-31 | 5.56% |
| 2023-09-30 | 21.43% |
| 2023-07-01 | 21.69% |
| 2023-04-01 | 23.35% |
| 2022-12-31 | 22.73% |
| 2022-09-24 | 22.12% |
| 2022-06-25 | 23.74% |
| 2022-03-26 | 23.46% |
| 2021-12-31 | 22.18% |
| 2021-09-25 | 23.31% |
| 2021-06-26 | 22.65% |
| 2021-03-27 | 24.47% |
| 2020-12-31 | 16.86% |
| 2020-09-26 | 16.04% |
| 2020-03-28 | 22.07% |
| 2019-12-31 | 21.90% |
| 2019-09-28 | 22.66% |
| 2019-06-29 | 22.81% |
| 2019-03-30 | 24.20% |
| 2018-12-31 | 14.26% |
| 2018-09-29 | 14.74% |
| 2018-06-30 | 22.82% |
| 2018-03-31 | 23.96% |
| 2017-12-31 | 96.04% |
| 2017-09-30 | 28.22% |
| 2017-06-30 | 28.05% |
| 2017-03-31 | 20.68% |
| 2016-12-31 | 28.44% |
| 2016-09-30 | 28.85% |
| 2016-06-30 | 27.64% |
| 2016-03-26 | 30.49% |
| 2015-12-31 | 30.10% |
| 2015-09-26 | 26.55% |
| 2015-06-27 | 29.91% |
| 2015-03-28 | 30.96% |
| 2014-12-31 | 29.70% |
| 2014-09-27 | 30.04% |
| 2014-06-28 | 30.80% |
| 2014-03-29 | 31.20% |
| 2013-12-31 | 29.80% |
| 2013-09-28 | 21.67% |
| 2013-06-29 | 31.40% |
| 2013-03-30 | 31.90% |
| 2012-12-31 | 30.63% |
| 2012-09-29 | 30.50% |
| 2012-06-30 | 31.17% |
| 2012-03-31 | 32.31% |
| 2011-12-31 | 30.90% |
| 2011-09-24 | 31.50% |
| 2011-06-25 | 31.93% |
| 2011-03-26 | 32.50% |
| 2010-12-31 | 31.95% |
| 2010-09-25 | 31.75% |
| 2010-06-26 | 31.20% |
| 2010-03-27 | 32.90% |
| 2009-12-31 | 32.60% |
| 2009-09-26 | 14.03% |
| 2009-06-27 | 32.90% |
| 2009-03-28 | 33.30% |
| 2008-12-31 | 32.18% |
| 2008-09-27 | 32.50% |
| 2008-06-28 | 34.12% |
| 2008-03-29 | 34.00% |
| 2007-12-31 | 17.87% |
| 2007-09-29 | 34.10% |
| 2007-06-30 | 34.25% |
| 2007-03-31 | 35.50% |
| 2006-12-31 | 35.10% |
| 2006-09-30 | 35.06% |
| 2006-07-01 | 36.10% |
| 2006-04-01 | 36.40% |
| 2005-12-31 | 36.50% |
| 2005-09-24 | 36.50% |
| 2005-06-25 | 37.00% |
| 2005-03-26 | 37.00% |
| 2004-12-31 | 36.90% |
| 2004-09-25 | 37.00% |
| 2004-06-26 | 37.10% |
| 2004-03-27 | 37.30% |
| 2003-12-31 | 37.20% |
| 2003-09-27 | 37.20% |
| 2003-06-28 | 38.08% |
| 2003-03-29 | 38.04% |
| 2002-12-31 | 36.74% |
| 2002-09-28 | 37.43% |
| 2002-06-29 | 37.72% |
