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 23.60% is 15% below its 5-year average of 27.87%, near the high end of its 5-year range (-38.73%–39.62%).
As of the fiscal period ended Saturday, December 27, 2025. 8.88% below its 12-month average of 25.90%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2025-12-27): 23.60%.
TAX RATE
23.60%
TAX RATE AVG TTM
25.90%
TAX RATE AVG 3Y
28.75%
TAX RATE AVG 5Y
27.87%
TAX RATE AVG 10Y
28.83%
TAX RATE AVG 15Y
31.72%
TAX RATE AVG 20Y
32.88%
CURRENT VS TTM AVG
-8.88%
CURRENT VS 3Y AVG
-17.93%
CURRENT VS 5Y AVG
-15.34%
CURRENT VS 10Y AVG
-18.17%
CURRENT VS 15Y AVG
-25.61%
CURRENT VS 20Y AVG
-28.23%
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 |
|---|---|
| 2025-12-27 | 23.60% |
| 2025-09-27 | 32.86% |
| 2024-12-28 | 21.23% |
| 2024-09-28 | 30.93% |
| 2024-06-29 | 28.46% |
| 2024-03-31 | 35.00% |
| 2023-12-23 | 25.80% |
| 2023-09-23 | 26.81% |
| 2023-06-24 | 27.63% |
| 2023-03-31 | 35.18% |
| 2022-12-24 | 27.57% |
| 2022-09-24 | 26.56% |
| 2022-06-25 | 39.62% |
| 2022-03-31 | -38.73% |
| 2021-12-25 | 25.30% |
| 2021-09-25 | 25.72% |
| 2021-06-26 | 25.40% |
| 2021-03-31 | 16.11% |
| 2020-12-26 | 25.20% |
| 2020-09-26 | 25.23% |
| 2020-06-27 | 25.46% |
| 2019-12-28 | 24.06% |
| 2019-09-28 | 23.64% |
| 2019-06-29 | 23.08% |
| 2019-03-31 | 21.57% |
| 2018-12-29 | 15.28% |
| 2018-09-29 | 22.19% |
| 2018-06-30 | 22.74% |
| 2018-03-31 | 27.90% |
| 2017-12-23 | 50.12% |
| 2017-09-23 | 38.18% |
| 2017-06-24 | 37.24% |
| 2017-03-31 | 34.45% |
| 2016-12-24 | 37.21% |
| 2016-09-24 | 36.35% |
| 2016-06-25 | 37.86% |
| 2016-03-31 | 36.48% |
| 2015-12-26 | 33.12% |
| 2015-09-26 | 38.00% |
| 2015-06-27 | 38.00% |
| 2015-03-31 | 37.51% |
| 2014-12-27 | 37.40% |
| 2014-09-27 | 38.10% |
| 2014-06-28 | 38.10% |
| 2014-03-31 | 37.59% |
| 2013-12-28 | 36.29% |
| 2013-09-28 | 38.07% |
| 2013-06-29 | 36.43% |
| 2013-03-31 | 34.84% |
| 2012-12-29 | 35.37% |
| 2012-09-29 | 37.56% |
| 2012-06-30 | 36.90% |
| 2012-03-31 | 34.88% |
| 2011-12-24 | 36.85% |
| 2011-09-24 | 36.97% |
| 2011-06-25 | 38.52% |
| 2011-03-31 | 37.71% |
| 2010-12-25 | 38.26% |
| 2010-09-25 | 38.22% |
| 2010-06-26 | 37.74% |
| 2010-03-31 | 33.41% |
| 2009-12-26 | 40.66% |
| 2009-09-26 | 38.11% |
| 2009-06-27 | 37.64% |
| 2009-03-31 | 36.17% |
| 2008-12-27 | 34.24% |
| 2008-09-27 | 37.95% |
| 2008-06-28 | 37.64% |
| 2008-03-31 | 22.50% |
| 2007-12-29 | 30.09% |
| 2007-09-29 | 37.73% |
| 2007-06-30 | 37.50% |
| 2007-03-31 | 34.98% |
| 2006-12-23 | 37.50% |
| 2006-09-23 | 37.50% |
| 2006-06-24 | 33.75% |
| 2006-03-31 | 40.80% |
| 2005-12-24 | 38.00% |
| 2005-09-24 | 38.00% |
| 2005-06-25 | 38.00% |
| 2005-03-31 | 32.28% |
| 2004-12-25 | 38.01% |
| 2004-09-25 | 38.00% |
| 2004-06-26 | 38.00% |
| 2004-03-31 | 38.01% |
| 2003-12-27 | 37.95% |
| 2003-09-27 | 38.03% |
| 2003-06-28 | 38.00% |
| 2003-03-31 | 38.01% |
| 2002-12-28 | 37.97% |
| 2002-09-28 | 38.00% |
