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 16.55% is in line with its 5-year average of 18.10%, near the high end of its 5-year range (-22.37%–24.51%).
As of the fiscal period ended Saturday, April 4, 2026. 24.35% below its 12-month average of 21.88%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.55%
TAX RATE AVG TTM
21.88%
TAX RATE AVG 3Y
21.25%
TAX RATE AVG 5Y
20.35%
TAX RATE AVG 10Y
21.44%
TAX RATE AVG 15Y
22.41%
TAX RATE AVG 20Y
22.37%
CURRENT VS TTM AVG
-24.35%
CURRENT VS 3Y AVG
-22.08%
CURRENT VS 5Y AVG
-18.64%
CURRENT VS 10Y AVG
-22.79%
CURRENT VS 15Y AVG
-26.14%
CURRENT VS 20Y AVG
-25.99%
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 |
|---|---|
| 2026-04-04 | 16.55% |
| 2025-12-31 | 24.51% |
| 2025-09-27 | 22.21% |
| 2025-06-28 | 24.26% |
| 2025-03-29 | 21.02% |
| 2024-12-31 | 22.34% |
| 2024-09-28 | 18.99% |
| 2024-06-29 | 23.28% |
| 2023-12-31 | 15.68% |
| 2023-09-30 | 21.45% |
| 2023-07-01 | 23.41% |
| 2023-04-01 | 22.07% |
| 2022-12-31 | 11.01% |
| 2022-10-01 | 15.92% |
| 2022-07-02 | 23.67% |
| 2022-04-02 | -22.37% |
| 2021-12-31 | 22.39% |
| 2021-10-02 | 23.95% |
| 2021-07-03 | 13.53% |
| 2021-04-03 | 15.22% |
| 2020-12-31 | 20.88% |
| 2020-09-26 | 17.93% |
| 2020-06-27 | 22.73% |
| 2020-03-28 | 11.61% |
| 2019-12-31 | -25.91% |
| 2019-09-28 | 22.99% |
| 2019-06-29 | 24.36% |
| 2019-03-30 | 17.84% |
| 2018-12-31 | 9.03% |
| 2018-09-29 | 8.15% |
| 2018-06-30 | 20.26% |
| 2018-03-31 | 16.43% |
| 2017-12-31 | 222.96% |
| 2017-09-30 | 25.52% |
| 2017-07-01 | 35.61% |
| 2017-04-01 | 35.00% |
| 2016-12-31 | 32.60% |
| 2016-10-01 | 34.13% |
| 2016-07-02 | 35.33% |
| 2016-04-02 | 22.73% |
| 2015-12-31 | 26.26% |
| 2015-10-03 | 36.04% |
| 2015-07-04 | 29.77% |
| 2015-04-04 | 31.25% |
| 2014-09-27 | 55.63% |
| 2014-06-28 | 20.41% |
| 2014-03-29 | 4.49% |
| 2013-12-31 | 12.28% |
| 2013-09-28 | -4.38% |
| 2013-06-29 | -35.12% |
| 2013-03-30 | 6.34% |
| 2012-12-31 | 17.44% |
| 2012-09-29 | 36.42% |
| 2012-06-30 | 26.25% |
| 2012-03-31 | 34.84% |
| 2011-12-31 | 32.84% |
| 2011-10-01 | 34.87% |
| 2011-07-02 | 21.31% |
| 2011-04-02 | -109.88% |
| 2010-12-31 | 36.78% |
| 2010-10-02 | 105.73% |
| 2010-07-03 | 94.57% |
| 2010-04-03 | 11.93% |
| 2009-12-31 | 28.50% |
| 2009-07-04 | -6.06% |
| 2007-12-31 | -236.36% |
| 2007-09-29 | -400.00% |
| 2006-12-31 | 22.66% |
| 2006-09-30 | 37.06% |
| 2006-07-01 | 21.71% |
| 2006-04-01 | 37.40% |
| 2005-12-31 | 29.65% |
| 2005-10-01 | 23.10% |
| 2005-07-02 | 33.93% |
| 2005-04-02 | 36.34% |
| 2004-12-31 | -61.43% |
| 2004-10-02 | 38.53% |
| 2004-07-03 | 16.46% |
| 2004-04-03 | 36.51% |
| 2003-12-31 | 34.45% |
| 2003-09-27 | 34.83% |
| 2003-06-28 | -6.25% |
| 2003-03-29 | 34.24% |
| 2002-12-31 | 37.86% |
| 2002-09-28 | 48.37% |
