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 28.76% is in line with its 5-year average of 27.96%, near the high end of its 5-year range (21.46%–30.02%).
As of the fiscal period ended Wednesday, July 1, 2026. 1.32% below its 12-month average of 29.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-07-01): 28.76%.
TAX RATE
28.76%
TAX RATE AVG TTM
29.14%
TAX RATE AVG 3Y
28.80%
TAX RATE AVG 5Y
27.96%
TAX RATE AVG 10Y
27.74%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-1.32%
CURRENT VS 3Y AVG
-0.15%
CURRENT VS 5Y AVG
+2.87%
CURRENT VS 10Y AVG
+3.66%
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 |
|---|---|
| 2026-07-01 | 28.76% |
| 2026-04-01 | 28.98% |
| 2025-12-31 | 30.02% |
| 2025-09-24 | 28.81% |
| 2025-06-25 | 29.62% |
| 2025-03-26 | 29.69% |
| 2024-12-25 | 23.50% |
| 2024-09-25 | 28.08% |
| 2024-06-26 | 29.27% |
| 2024-03-27 | 27.15% |
| 2023-12-27 | 27.65% |
| 2023-09-27 | 24.38% |
| 2023-06-28 | 27.93% |
| 2023-03-29 | 28.40% |
| 2022-12-31 | 26.38% |
| 2022-09-28 | 26.18% |
| 2022-06-29 | 29.96% |
| 2022-03-30 | 29.97% |
| 2021-12-31 | 21.46% |
| 2021-09-29 | 26.45% |
| 2021-06-30 | 27.79% |
| 2021-03-31 | 28.72% |
| 2020-12-31 | 27.45% |
| 2020-09-23 | 14.24% |
| 2020-06-24 | 12.03% |
| 2020-03-25 | 26.55% |
| 2019-12-31 | 17.23% |
| 2019-09-25 | 31.47% |
| 2019-06-26 | 28.68% |
| 2019-03-27 | 27.65% |
| 2018-09-26 | 25.89% |
| 2018-06-27 | 14.62% |
| 2018-03-28 | 43.52% |
| 2017-06-28 | 35.18% |
| 2017-03-29 | 41.55% |
| 2016-12-31 | 67.11% |
| 2016-09-28 | 35.19% |
| 2016-06-29 | 42.35% |
| 2016-03-30 | 40.86% |
| 2015-12-31 | 46.03% |
| 2015-09-30 | 58.23% |
| 2015-07-01 | 41.18% |
| 2015-04-01 | 40.97% |
| 2014-12-31 | -132.35% |
| 2014-06-25 | 7.98% |
| 2014-03-31 | 7.08% |
| 2013-09-30 | -16.50% |
| 2013-06-30 | 82.78% |
| 2013-03-31 | 157.69% |
