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 15.70% is in line with its 5-year average of 15.04%, near the high end of its 5-year range (-1.54%–17.99%).
As of the fiscal period ended Sunday, June 28, 2026. 0.04% above its 12-month average of 15.70%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.70%
TAX RATE AVG TTM
15.70%
TAX RATE AVG 3Y
15.28%
TAX RATE AVG 5Y
15.04%
TAX RATE AVG 10Y
15.29%
TAX RATE AVG 15Y
20.52%
TAX RATE AVG 20Y
22.94%
CURRENT VS TTM AVG
+0.04%
CURRENT VS 3Y AVG
+2.74%
CURRENT VS 5Y AVG
+4.37%
CURRENT VS 10Y AVG
+2.71%
CURRENT VS 15Y AVG
-23.46%
CURRENT VS 20Y AVG
-31.54%
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 | 15.70% |
| 2026-03-29 | 16.12% |
| 2025-12-31 | 12.21% |
| 2025-09-28 | 16.46% |
| 2025-06-29 | 17.99% |
| 2025-03-30 | 15.91% |
| 2024-12-31 | -1.54% |
| 2024-09-29 | 15.38% |
| 2024-06-30 | 15.76% |
| 2024-03-31 | 15.80% |
| 2023-12-31 | 13.01% |
| 2023-09-24 | 13.77% |
| 2023-06-25 | 16.20% |
| 2023-03-26 | 15.30% |
| 2022-12-31 | 12.69% |
| 2022-09-25 | 15.29% |
| 2022-06-26 | 6.36% |
| 2022-03-27 | 15.91% |
| 2021-12-31 | 17.71% |
| 2021-09-26 | 9.57% |
| 2021-06-27 | 16.36% |
| 2021-03-28 | 16.92% |
| 2020-12-31 | 18.06% |
| 2020-09-27 | 14.74% |
| 2020-06-28 | 17.13% |
| 2020-03-29 | 15.42% |
| 2019-12-31 | 18.23% |
| 2019-09-29 | 9.71% |
| 2019-06-30 | 15.63% |
| 2019-03-31 | 12.39% |
| 2018-12-31 | 15.51% |
| 2018-09-30 | 6.48% |
| 2018-06-24 | 18.10% |
| 2018-03-25 | 14.93% |
| 2017-12-31 | 142.26% |
| 2017-09-24 | 25.42% |
| 2017-06-25 | 28.80% |
| 2017-03-26 | 23.32% |
| 2016-12-31 | 23.59% |
| 2016-09-25 | 23.69% |
| 2016-06-26 | 27.07% |
| 2016-03-27 | 29.98% |
| 2015-12-31 | 19.78% |
| 2015-09-27 | 30.86% |
| 2015-06-28 | 30.83% |
| 2015-03-29 | 30.65% |
| 2014-12-31 | 28.14% |
| 2014-09-28 | 32.27% |
| 2014-06-29 | 33.71% |
| 2014-03-30 | 30.79% |
| 2013-12-31 | 34.58% |
| 2013-09-29 | 28.22% |
| 2013-06-30 | 29.07% |
| 2013-03-31 | 25.76% |
| 2012-12-31 | 40.61% |
| 2012-09-30 | 30.50% |
| 2012-06-24 | 30.08% |
| 2012-03-25 | 29.85% |
| 2011-12-31 | 27.74% |
| 2011-09-25 | 29.93% |
| 2011-06-26 | 18.37% |
| 2011-03-27 | 30.28% |
| 2010-12-31 | 22.45% |
| 2010-09-26 | 32.82% |
| 2010-06-27 | 29.42% |
| 2010-03-28 | 40.67% |
| 2009-12-31 | 29.92% |
| 2009-09-27 | 25.65% |
| 2009-06-28 | 30.36% |
| 2009-03-29 | 31.90% |
| 2008-12-31 | 29.60% |
| 2008-09-28 | 31.64% |
| 2008-06-29 | 32.41% |
| 2008-03-30 | 32.66% |
| 2007-12-31 | 32.40% |
| 2007-09-30 | 31.55% |
| 2007-06-30 | 31.63% |
| 2007-03-31 | 25.73% |
| 2006-12-31 | 30.51% |
| 2006-09-30 | 22.82% |
| 2006-06-30 | 31.84% |
| 2006-03-31 | 32.61% |
| 2005-12-31 | 28.37% |
| 2005-09-30 | 30.34% |
| 2005-06-30 | 31.19% |
| 2005-03-31 | 31.67% |
| 2004-12-31 | -7.51% |
| 2004-09-30 | 32.08% |
| 2004-06-30 | 32.42% |
| 2004-03-31 | 32.01% |
| 2003-12-31 | 31.88% |
| 2003-09-30 | 30.23% |
| 2003-06-30 | 31.05% |
| 2003-03-31 | 31.51% |
| 2002-09-30 | 30.07% |
