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 23.75% is in line with its 4-year average of 23.40%, around the middle of its 4-year range (8.40%–33.62%).
As of the fiscal period ended Sunday, June 28, 2026. 7.84% below its 12-month average of 25.77%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.75%
TAX RATE AVG TTM
25.77%
TAX RATE AVG 3Y
26.91%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-7.84%
CURRENT VS 3Y AVG
-11.75%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
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 |
|---|---|
| 2026-06-28 | 23.75% |
| 2026-03-29 | 29.46% |
| 2025-12-28 | 22.72% |
| 2025-09-28 | 24.33% |
| 2025-06-29 | 28.57% |
| 2025-03-30 | 29.69% |
| 2024-12-31 | 15.32% |
| 2024-09-29 | 33.62% |
| 2024-06-30 | 10.77% |
| 2024-03-31 | 30.68% |
| 2023-12-31 | 8.40% |
| 2023-10-01 | 25.13% |
| 2023-06-30 | 32.71% |
| 2023-04-02 | 22.99% |
| 2023-01-01 | 29.49% |
| 2022-10-02 | 20.60% |
| 2022-06-30 | 22.06% |
| 2022-03-31 | 13.73% |
| 2021-12-31 | 20.50% |