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 35.45% is 16% above its 5-year average of 30.46%, around the middle of its 5-year range (-30.63%–107.53%).
As of the fiscal period ended Friday, December 26, 2025. 37.60% below its 12-month average of 56.81%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
35.45%
TAX RATE AVG TTM
56.81%
TAX RATE AVG 3Y
24.52%
TAX RATE AVG 5Y
23.96%
TAX RATE AVG 10Y
24.92%
TAX RATE AVG 15Y
28.37%
TAX RATE AVG 20Y
31.12%
CURRENT VS TTM AVG
-37.60%
CURRENT VS 3Y AVG
+44.56%
CURRENT VS 5Y AVG
+47.95%
CURRENT VS 10Y AVG
+42.27%
CURRENT VS 15Y AVG
+24.96%
CURRENT VS 20Y AVG
+13.93%
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 |
|---|---|
| 2025-12-26 | 35.45% |
| 2025-09-26 | 28.55% |
| 2025-06-27 | 21.93% |
| 2025-03-28 | 90.60% |
| 2024-12-27 | 107.53% |
| 2024-09-27 | 8.87% |
| 2024-06-28 | 33.17% |
| 2024-03-29 | 30.11% |
| 2023-12-29 | -30.63% |
| 2023-09-30 | 30.33% |
| 2023-06-30 | 23.89% |
| 2023-03-31 | 7.55% |
| 2022-12-30 | 25.37% |
| 2022-09-30 | 14.06% |
| 2022-07-01 | 21.86% |
| 2022-04-01 | 29.73% |
| 2021-12-31 | 9.40% |
| 2021-09-30 | 58.31% |
| 2021-07-02 | 38.53% |
| 2021-01-01 | 24.58% |
| 2020-09-30 | -32.78% |
| 2020-06-26 | 22.28% |
| 2019-12-27 | 26.95% |
| 2019-09-30 | 45.06% |
| 2019-06-28 | -2.12% |
| 2019-03-29 | -7.11% |
| 2018-12-28 | 24.69% |
| 2018-09-30 | 108.30% |
| 2018-06-29 | 22.16% |
| 2018-03-30 | 57.49% |
| 2017-12-29 | 93.89% |
| 2017-09-30 | 21.78% |
| 2017-06-30 | 30.43% |
| 2017-03-31 | 26.99% |
| 2016-12-30 | 28.79% |
| 2016-09-30 | 16.23% |
| 2016-07-01 | 31.00% |
| 2016-04-01 | 29.92% |
| 2016-01-01 | 12.95% |
| 2015-09-30 | 24.39% |
| 2015-06-26 | -0.12% |
| 2015-03-27 | 31.68% |
| 2014-12-26 | 31.35% |
| 2014-09-30 | 37.12% |
| 2014-06-27 | 39.59% |
| 2014-03-28 | 31.42% |
| 2013-12-27 | 32.65% |
| 2013-09-30 | 33.40% |
| 2013-06-28 | 33.45% |
| 2013-03-29 | 33.86% |
| 2012-12-28 | 33.13% |
| 2012-09-30 | 34.69% |
| 2012-06-29 | 33.28% |
| 2012-03-30 | 33.91% |
| 2011-12-30 | 34.48% |
| 2011-09-30 | 34.38% |
| 2011-07-01 | 34.94% |
| 2011-04-01 | 35.69% |
| 2010-12-31 | 35.70% |
| 2010-09-30 | 35.97% |
| 2010-07-02 | 48.33% |
| 2010-04-02 | 35.98% |
| 2010-01-01 | 36.01% |
| 2009-09-30 | 36.00% |
| 2009-06-30 | 36.00% |
| 2009-03-31 | 35.99% |
| 2008-12-31 | 36.01% |
| 2008-09-30 | 36.00% |
| 2008-06-30 | 36.00% |
| 2008-03-31 | 36.00% |
| 2007-12-31 | 36.00% |
| 2007-09-30 | 35.97% |
| 2007-06-30 | 36.04% |
| 2007-03-31 | 36.00% |
| 2006-12-31 | 36.00% |
| 2006-09-30 | 34.32% |
| 2006-06-30 | 35.99% |
| 2006-03-31 | 36.02% |
| 2005-12-31 | 36.00% |
| 2005-09-30 | 36.09% |
| 2005-06-30 | 36.00% |
| 2005-03-31 | 36.00% |
| 2004-12-31 | 36.00% |
| 2004-09-30 | 35.00% |
| 2004-06-30 | 35.00% |
| 2004-03-31 | 35.00% |
| 2003-12-31 | 35.00% |
| 2003-09-30 | 35.00% |
| 2003-06-30 | 35.00% |
| 2003-03-31 | 35.00% |
| 2002-12-31 | 35.00% |
| 2002-09-30 | 35.00% |
| 2002-06-30 | 35.00% |