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 16.02% is in line with its 5-year average of 15.59%, around the middle of its 5-year range (6.48%–23.33%).
As of the fiscal period ended Friday, July 3, 2026. 19.01% above its 12-month average of 13.46%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.02%
TAX RATE AVG TTM
13.46%
TAX RATE AVG 3Y
13.52%
TAX RATE AVG 5Y
15.59%
TAX RATE AVG 10Y
18.05%
TAX RATE AVG 15Y
16.67%
TAX RATE AVG 20Y
13.11%
CURRENT VS TTM AVG
+19.01%
CURRENT VS 3Y AVG
+18.51%
CURRENT VS 5Y AVG
+2.76%
CURRENT VS 10Y AVG
-11.23%
CURRENT VS 15Y AVG
-3.88%
CURRENT VS 20Y AVG
+22.17%
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 |
|---|---|
| 2026-07-03 | 16.02% |
| 2025-12-31 | 16.26% |
| 2025-10-03 | 6.48% |
| 2025-07-04 | 15.08% |
| 2024-12-31 | 14.17% |
| 2024-09-27 | 11.42% |
| 2024-06-28 | 15.84% |
| 2024-03-29 | 15.70% |
| 2023-12-31 | 7.78% |
| 2023-09-29 | 16.43% |
| 2023-06-30 | 15.32% |
| 2023-03-31 | 15.33% |
| 2022-12-31 | 20.83% |
| 2022-09-30 | 23.33% |
| 2022-07-01 | 19.04% |
| 2022-04-01 | 15.46% |
| 2021-12-31 | 8.54% |
| 2021-10-01 | 16.60% |
| 2021-07-02 | 17.07% |
| 2021-04-02 | 7.29% |
| 2020-12-31 | 25.48% |
| 2020-10-02 | -106.40% |
| 2019-12-31 | 31.20% |
| 2019-06-28 | 18.46% |
| 2019-03-29 | 25.08% |
| 2018-12-31 | 12.03% |
| 2018-09-28 | 22.64% |
| 2018-06-29 | 19.18% |
| 2018-03-30 | 10.45% |
| 2017-12-31 | -338.84% |
| 2017-09-29 | 35.29% |
| 2017-06-30 | 34.08% |
| 2017-03-31 | 31.57% |
| 2016-12-31 | -513.74% |
| 2016-09-30 | 87.86% |
| 2016-07-01 | 22.75% |
| 2016-04-01 | 12.71% |
| 2015-12-31 | -35.14% |
| 2015-10-02 | 17.61% |
| 2015-07-03 | 13.03% |
| 2015-04-03 | 11.71% |
| 2014-12-31 | 58.33% |
| 2014-09-26 | 13.35% |
| 2014-06-27 | -20.53% |
| 2014-03-28 | 9.98% |
| 2013-12-31 | 43.95% |
| 2013-09-27 | 7.37% |
| 2013-06-28 | -5.64% |
| 2013-03-29 | 9.34% |
| 2012-09-28 | 32.66% |
| 2012-06-29 | 46.75% |
| 2012-03-30 | 12.39% |
| 2011-07-01 | 8.36% |
| 2011-04-01 | 2.16% |
| 2010-12-31 | 5.26% |
| 2010-10-01 | 4.95% |
| 2010-07-02 | 4.10% |
| 2010-04-02 | 2.15% |
| 2009-12-31 | -0.59% |
| 2009-10-02 | 5.85% |
| 2008-09-26 | 6.81% |
| 2008-06-27 | -104.27% |
| 2008-03-28 | 9.32% |
| 2007-12-31 | 5.14% |
| 2007-09-28 | 3.59% |
| 2007-06-29 | 2.15% |
| 2007-03-30 | 1.09% |
| 2006-12-31 | -3.38% |
| 2006-09-29 | 0.00% |
| 2006-06-30 | 2.56% |
| 2006-03-31 | 4.66% |
| 2005-12-31 | -11.29% |
| 2005-09-30 | 9.26% |
| 2005-07-01 | 9.30% |
| 2005-04-01 | 10.23% |
| 2004-10-01 | 9.04% |
| 2003-07-04 | 4.09% |
