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 20.89% is 34% below its 5-year average of 31.57%, near the low end of its 5-year range (14.85%–103.88%).
As of the fiscal period ended Saturday, March 28, 2026. 18.52% below its 12-month average of 25.64%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.89%
TAX RATE AVG TTM
25.64%
TAX RATE AVG 3Y
29.60%
TAX RATE AVG 5Y
23.57%
TAX RATE AVG 10Y
25.11%
TAX RATE AVG 15Y
28.76%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-18.52%
CURRENT VS 3Y AVG
-29.42%
CURRENT VS 5Y AVG
-11.35%
CURRENT VS 10Y AVG
-16.81%
CURRENT VS 15Y AVG
-27.35%
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 |
|---|---|
| 2026-03-28 | 20.89% |
| 2025-12-27 | 27.76% |
| 2025-09-27 | 24.04% |
| 2025-03-29 | 29.86% |
| 2024-06-29 | 71.26% |
| 2024-03-30 | 21.87% |
| 2023-12-31 | 20.32% |
| 2023-09-30 | 44.78% |
| 2023-07-01 | 14.85% |
| 2023-04-01 | 20.36% |
| 2022-12-31 | 15.60% |
| 2022-09-24 | 20.18% |
| 2022-06-25 | 33.58% |
| 2022-03-26 | 19.57% |
| 2021-09-25 | 16.27% |
| 2021-06-26 | 103.88% |
| 2021-03-27 | 19.32% |
| 2020-12-31 | 19.60% |
| 2020-09-26 | 34.00% |
| 2020-03-28 | 29.57% |
| 2019-12-31 | 44.04% |
| 2019-09-28 | 22.72% |
| 2019-06-29 | 18.69% |
| 2019-03-30 | 34.94% |
| 2018-09-29 | 24.54% |
| 2018-06-30 | 29.03% |
| 2018-03-31 | 21.21% |
| 2017-12-31 | -500.75% |
| 2017-09-30 | 30.61% |
| 2017-07-01 | 27.04% |
| 2017-04-01 | 28.72% |
| 2016-12-31 | 26.25% |
| 2016-10-02 | 23.71% |
| 2016-07-03 | 30.09% |
| 2016-04-03 | 29.25% |
| 2015-12-31 | 37.09% |
| 2015-06-28 | 31.04% |
| 2015-03-31 | 32.23% |
| 2014-09-30 | 26.52% |
| 2014-06-30 | 34.95% |
| 2014-03-31 | 34.90% |
| 2013-12-31 | 33.02% |
| 2013-09-30 | 32.98% |
| 2013-06-30 | 34.62% |
| 2013-03-31 | 33.53% |
| 2012-12-31 | 32.21% |
| 2012-09-30 | 29.82% |
| 2012-06-30 | 33.44% |
| 2012-03-31 | 35.69% |
| 2011-12-31 | 37.34% |
| 2011-09-30 | 42.00% |
| 2011-06-30 | 36.58% |
| 2011-03-31 | 36.59% |