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 20.97% is in line with its 5-year average of 20.64%, near the low end of its 5-year range (17.35%–42.74%).
As of the fiscal period ended Sunday, April 5, 2026. 4.07% below its 12-month average of 21.87%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.97%
TAX RATE AVG TTM
21.87%
TAX RATE AVG 3Y
23.77%
TAX RATE AVG 5Y
20.64%
TAX RATE AVG 10Y
19.89%
TAX RATE AVG 15Y
21.85%
TAX RATE AVG 20Y
23.45%
CURRENT VS TTM AVG
-4.07%
CURRENT VS 3Y AVG
-11.77%
CURRENT VS 5Y AVG
+1.62%
CURRENT VS 10Y AVG
+5.46%
CURRENT VS 15Y AVG
-4.01%
CURRENT VS 20Y AVG
-10.57%
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 |
|---|---|
| 2026-04-05 | 20.97% |
| 2025-12-31 | 20.00% |
| 2025-09-28 | 23.40% |
| 2025-06-29 | 23.09% |
| 2024-12-31 | 22.85% |
| 2024-09-29 | 22.31% |
| 2024-06-30 | 42.74% |
| 2024-03-31 | 22.60% |
| 2023-12-31 | 18.40% |
| 2023-07-02 | 21.37% |
| 2023-04-02 | 21.60% |
| 2022-12-31 | 22.74% |
| 2022-10-02 | 17.98% |
| 2022-07-03 | 20.04% |
| 2022-04-03 | 19.96% |
| 2021-12-31 | 17.65% |
| 2021-10-03 | 17.35% |
| 2021-07-04 | 18.56% |
| 2021-04-04 | 17.84% |
| 2020-12-31 | 17.53% |
| 2020-09-27 | 19.28% |
| 2020-06-28 | 5.70% |
| 2020-03-29 | 19.68% |
| 2019-12-31 | 16.38% |
| 2019-09-29 | 6.24% |
| 2019-06-30 | 15.60% |
| 2019-03-31 | 18.86% |
| 2018-12-31 | 10.39% |
| 2018-09-30 | 18.44% |
| 2018-07-01 | 18.56% |
| 2018-04-01 | 18.45% |
| 2017-12-31 | -122.32% |
| 2017-10-01 | 22.00% |
| 2017-07-02 | 23.43% |
| 2017-04-02 | 22.20% |
| 2016-12-31 | 18.86% |
| 2016-10-02 | 21.58% |
| 2016-07-03 | 16.79% |
| 2016-04-03 | 23.52% |
| 2015-12-31 | -20.41% |
| 2015-09-27 | 21.71% |
| 2015-06-28 | 16.16% |
| 2015-03-29 | 25.16% |
| 2014-12-31 | 21.51% |
| 2014-09-28 | 27.69% |
| 2014-06-29 | 16.19% |
| 2014-03-30 | 30.04% |
| 2013-12-31 | 28.27% |
| 2013-09-29 | 28.25% |
| 2013-06-30 | 26.54% |
| 2013-03-31 | 28.34% |
| 2012-12-31 | 26.57% |
| 2012-09-30 | 29.54% |
| 2012-07-01 | 29.50% |
| 2012-04-01 | 29.50% |
| 2011-12-31 | 22.42% |
| 2011-10-02 | 31.13% |
| 2011-07-03 | 29.31% |
| 2011-04-03 | 30.10% |
| 2010-12-31 | 27.53% |
| 2010-10-03 | 29.50% |
| 2010-07-04 | 30.00% |
| 2010-04-04 | 30.00% |
| 2009-12-31 | -44.60% |
| 2009-09-27 | 21.26% |
| 2009-03-29 | 27.75% |
| 2008-12-31 | 21.66% |
| 2008-09-28 | 27.20% |
| 2008-06-29 | 30.84% |
| 2008-03-30 | 31.00% |
| 2007-12-31 | 34.43% |
| 2007-07-01 | 32.50% |
| 2007-04-01 | 32.50% |
| 2006-12-31 | 30.89% |
| 2006-10-01 | 31.96% |
| 2006-07-02 | 30.29% |
| 2006-04-02 | 30.30% |
| 2005-12-31 | 27.23% |
| 2005-10-02 | 28.84% |
| 2005-07-03 | 31.21% |
| 2005-04-03 | 31.20% |
| 2004-12-31 | 25.59% |
| 2004-09-26 | 29.71% |
| 2004-06-27 | 29.72% |
| 2004-03-28 | 29.73% |
| 2003-12-31 | -9.60% |
| 2003-09-28 | -34.37% |
| 2003-06-29 | 27.78% |
| 2003-03-30 | 28.51% |
| 2002-12-31 | 22.44% |
| 2002-09-29 | 28.48% |
