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 21.91% is in line with its 5-year average of 22.66%, around the middle of its 5-year range (17.43%–25.81%).
As of the fiscal period ended Friday, April 3, 2026. 4.13% below its 12-month average of 22.86%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.91%
TAX RATE AVG TTM
22.86%
TAX RATE AVG 3Y
23.48%
TAX RATE AVG 5Y
22.66%
TAX RATE AVG 10Y
22.48%
TAX RATE AVG 15Y
25.63%
TAX RATE AVG 20Y
28.54%
CURRENT VS TTM AVG
-4.13%
CURRENT VS 3Y AVG
-6.68%
CURRENT VS 5Y AVG
-3.31%
CURRENT VS 10Y AVG
-2.54%
CURRENT VS 15Y AVG
-14.52%
CURRENT VS 20Y AVG
-23.22%
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 |
|---|---|
| 2026-04-03 | 21.91% |
| 2026-01-02 | 20.84% |
| 2025-10-03 | 23.76% |
| 2025-07-04 | 24.13% |
| 2025-04-04 | 23.64% |
| 2025-01-03 | 24.80% |
| 2024-09-27 | 22.98% |
| 2024-06-28 | 23.94% |
| 2024-03-29 | 23.10% |
| 2023-12-31 | 25.81% |
| 2023-06-30 | 23.36% |
| 2023-03-31 | 20.77% |
| 2022-12-31 | 17.43% |
| 2022-09-30 | 25.79% |
| 2022-07-01 | 23.56% |
| 2022-04-01 | 20.27% |
| 2021-12-31 | 20.72% |
| 2021-10-01 | 20.00% |
| 2021-07-02 | 23.77% |
| 2021-04-02 | 21.76% |
| 2020-12-31 | 19.59% |
| 2020-10-02 | 23.83% |
| 2020-07-03 | 19.79% |
| 2020-04-03 | 11.54% |
| 2019-12-31 | 20.26% |
| 2019-09-27 | 24.30% |
| 2019-06-28 | 22.91% |
| 2019-03-29 | 23.17% |
| 2018-12-31 | -25.33% |
| 2018-09-28 | 13.53% |
| 2018-06-29 | 12.12% |
| 2018-03-30 | 18.40% |
| 2017-12-31 | -232.35% |
| 2017-09-29 | 31.90% |
| 2017-06-30 | 27.41% |
| 2017-03-31 | 31.48% |
| 2016-12-31 | 42.86% |
| 2016-09-30 | -22.67% |
| 2016-07-01 | 31.67% |
| 2016-04-01 | 37.18% |
| 2015-12-31 | 26.59% |
| 2015-10-02 | 38.75% |
| 2015-07-03 | 28.85% |
| 2015-04-03 | 0.00% |
| 2015-01-30 | -8.33% |
| 2014-10-31 | 29.63% |
| 2014-05-02 | 35.21% |
| 2014-01-31 | 8.33% |
| 2013-08-02 | 29.03% |
| 2013-05-03 | 36.22% |
| 2013-01-31 | -45.31% |
| 2012-10-31 | 36.72% |
| 2012-07-31 | 36.42% |
| 2012-04-30 | 36.07% |
| 2011-07-31 | 38.46% |
| 2011-04-30 | 37.20% |
| 2011-01-31 | 32.31% |
| 2010-10-31 | 37.40% |
| 2010-07-31 | 37.55% |
| 2010-04-30 | 33.86% |
| 2010-01-31 | 35.60% |
| 2009-10-31 | 37.79% |
| 2009-07-31 | 38.12% |
| 2009-04-30 | 38.10% |
| 2009-01-31 | 34.25% |
| 2008-10-31 | 32.18% |
| 2008-07-31 | 40.23% |
| 2008-04-30 | 38.82% |
| 2008-01-31 | 36.81% |
| 2007-10-31 | 38.76% |
| 2007-07-31 | 37.74% |
| 2007-04-30 | 40.31% |
| 2007-01-31 | 38.41% |
| 2006-10-31 | 41.94% |
| 2006-07-31 | 37.50% |
| 2006-04-30 | 36.73% |
| 2006-01-31 | -4.62% |
| 2005-10-31 | 36.04% |
