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 22.01% is 22% above its 5-year average of 18.06%, near the high end of its 5-year range (-5.73%–26.34%).
As of the fiscal period ended Saturday, June 13, 2026. 12.18% above its 12-month average of 19.62%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.01%
TAX RATE AVG TTM
19.62%
TAX RATE AVG 3Y
19.67%
TAX RATE AVG 5Y
19.31%
TAX RATE AVG 10Y
20.30%
TAX RATE AVG 15Y
21.84%
TAX RATE AVG 20Y
23.13%
CURRENT VS TTM AVG
+12.18%
CURRENT VS 3Y AVG
+11.94%
CURRENT VS 5Y AVG
+14.01%
CURRENT VS 10Y AVG
+8.42%
CURRENT VS 15Y AVG
+0.79%
CURRENT VS 20Y AVG
-4.83%
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 |
|---|---|
| 2026-06-13 | 22.01% |
| 2026-03-21 | 21.28% |
| 2025-12-27 | 14.83% |
| 2025-09-06 | 21.40% |
| 2025-06-14 | 18.59% |
| 2025-03-22 | 21.31% |
| 2024-12-31 | 15.20% |
| 2024-09-07 | 20.28% |
| 2024-06-15 | 20.05% |
| 2024-03-23 | 20.21% |
| 2023-12-31 | 13.63% |
| 2023-09-09 | 19.61% |
| 2023-06-17 | 21.23% |
| 2023-03-25 | 21.93% |
| 2022-12-31 | -5.73% |
| 2022-09-03 | 14.85% |
| 2022-06-11 | 21.37% |
| 2022-03-19 | 17.21% |
| 2021-12-31 | 15.55% |
| 2021-09-04 | 26.34% |
| 2021-06-12 | 21.30% |
| 2021-03-20 | 20.75% |
| 2020-12-31 | 21.13% |
| 2020-09-05 | 18.57% |
| 2020-06-13 | 23.52% |
| 2020-03-21 | 21.04% |
| 2019-12-31 | 19.47% |
| 2019-09-07 | 20.94% |
| 2019-06-15 | 20.41% |
| 2019-03-23 | 23.88% |
| 2018-12-31 | -254.88% |
| 2018-09-08 | 6.97% |
| 2018-06-16 | 36.90% |
| 2018-03-24 | 18.35% |
| 2017-12-31 | 129.82% |
| 2017-09-09 | 22.33% |
| 2017-06-17 | 23.65% |
| 2017-03-25 | 22.78% |
| 2016-12-31 | 22.61% |
| 2016-09-03 | 23.04% |
| 2016-06-11 | 26.29% |
| 2016-03-19 | 31.87% |
| 2015-12-31 | 11.17% |
| 2015-09-05 | 54.48% |
| 2015-06-13 | 26.07% |
| 2015-03-21 | 23.11% |
| 2014-12-31 | 25.55% |
| 2014-09-06 | 23.99% |
| 2014-06-14 | 26.54% |
| 2014-03-22 | 24.07% |
| 2013-12-31 | 18.95% |
| 2013-09-07 | 25.38% |
| 2013-06-15 | 24.41% |
| 2013-03-23 | 26.24% |
| 2012-12-31 | 15.34% |
| 2012-09-08 | 26.96% |
| 2012-06-16 | 30.80% |
| 2012-03-24 | 26.76% |
| 2011-12-31 | 29.86% |
| 2011-09-03 | 25.44% |
| 2011-06-11 | 26.02% |
| 2011-03-19 | 26.81% |
| 2010-12-31 | 27.30% |
| 2010-09-04 | 27.42% |
| 2010-06-12 | 29.87% |
| 2010-03-20 | -2.36% |
| 2009-12-31 | 28.86% |
| 2009-09-05 | 24.91% |
| 2009-06-13 | 25.40% |
| 2009-03-21 | 24.69% |
| 2008-12-31 | 28.95% |
| 2008-09-06 | 25.79% |
| 2008-06-14 | 26.60% |
| 2008-03-22 | 26.62% |
| 2007-12-31 | 29.77% |
| 2007-09-08 | 22.33% |
| 2007-06-16 | 26.45% |
| 2007-03-24 | 25.59% |
| 2006-12-31 | -8.78% |
| 2006-09-09 | 27.05% |
| 2006-06-17 | 28.68% |
| 2006-03-25 | 27.98% |
| 2005-12-31 | 28.15% |
| 2005-09-03 | 53.75% |
| 2005-06-11 | 29.22% |
| 2005-03-19 | 29.03% |
| 2004-12-31 | 25.43% |
| 2004-09-04 | 16.47% |
| 2004-06-12 | 29.49% |
| 2004-03-20 | 29.54% |
| 2003-12-31 | 17.83% |
| 2003-09-30 | 30.92% |
| 2003-06-14 | 30.79% |
| 2003-03-22 | 30.69% |
| 2002-12-31 | 32.86% |
| 2002-09-07 | 31.49% |