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 22.04% is 35% below its 5-year average of 33.69%, near the low end of its 5-year range (15.79%–223.47%).
As of the fiscal period ended Saturday, June 27, 2026. 1.87% below its 12-month average of 22.46%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.04%
TAX RATE AVG TTM
22.46%
TAX RATE AVG 3Y
21.27%
TAX RATE AVG 5Y
21.31%
TAX RATE AVG 10Y
22.01%
TAX RATE AVG 15Y
25.35%
TAX RATE AVG 20Y
27.19%
CURRENT VS TTM AVG
-1.87%
CURRENT VS 3Y AVG
+3.61%
CURRENT VS 5Y AVG
+3.46%
CURRENT VS 10Y AVG
+0.14%
CURRENT VS 15Y AVG
-13.03%
CURRENT VS 20Y AVG
-18.94%
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 |
|---|---|
| 2026-06-27 | 22.04% |
| 2026-03-28 | 15.79% |
| 2025-12-27 | 24.52% |
| 2025-09-27 | 28.06% |
| 2025-06-28 | 21.89% |
| 2025-03-29 | 17.29% |
| 2024-12-28 | 22.49% |
| 2024-09-28 | 21.90% |
| 2024-06-29 | 23.15% |
| 2024-03-30 | 16.87% |
| 2023-12-30 | 17.96% |
| 2023-09-30 | 22.72% |
| 2023-07-01 | 21.88% |
| 2023-03-31 | 18.47% |
| 2022-12-31 | 24.38% |
| 2022-10-01 | 18.13% |
| 2022-06-30 | 21.92% |
| 2022-03-31 | 26.95% |
| 2022-01-01 | 79.18% |
| 2021-09-30 | 223.47% |
| 2021-06-30 | 18.40% |
| 2021-03-31 | 15.81% |
| 2020-12-31 | 17.88% |
| 2020-09-30 | 20.88% |
| 2020-06-30 | 19.96% |
| 2020-03-31 | 21.40% |
| 2019-12-31 | 17.04% |
| 2019-09-30 | 14.66% |
| 2019-06-30 | 19.26% |
| 2019-03-31 | 20.83% |
| 2018-12-31 | 14.97% |
| 2018-09-30 | 11.70% |
| 2018-06-30 | 17.40% |
| 2018-03-31 | 25.52% |
| 2017-12-31 | 23.95% |
| 2017-09-30 | 36.38% |
| 2017-06-30 | 25.82% |
| 2017-03-31 | 33.15% |
| 2016-12-31 | 31.47% |
| 2016-09-30 | 32.86% |
| 2016-06-30 | 32.71% |
| 2016-03-31 | 32.30% |
| 2015-12-31 | 31.45% |
| 2015-09-30 | 33.77% |
| 2015-06-30 | 33.13% |
| 2015-03-31 | 31.90% |
| 2014-12-31 | 30.29% |
| 2014-09-30 | 27.30% |
| 2014-06-30 | 33.95% |
| 2014-03-31 | 26.86% |
| 2013-12-31 | 34.00% |
| 2013-09-30 | 33.62% |
| 2013-06-30 | 32.06% |
| 2013-03-31 | 32.03% |
| 2012-12-31 | 35.07% |
| 2012-09-30 | 21.09% |
| 2012-06-30 | 31.56% |
| 2012-03-31 | 35.00% |
| 2011-12-31 | 32.10% |
| 2011-09-30 | 34.98% |
| 2011-06-30 | 34.46% |
| 2011-03-31 | 34.98% |
| 2010-12-31 | 35.06% |
| 2010-09-30 | 34.42% |
| 2010-06-30 | 31.80% |
| 2010-03-31 | 9.98% |
| 2009-12-31 | 33.95% |
| 2009-09-30 | 34.19% |
| 2009-06-30 | 33.63% |
| 2009-03-31 | 30.16% |
| 2008-12-31 | 34.31% |
| 2008-09-30 | 32.81% |
| 2008-06-30 | 33.77% |
| 2008-03-31 | 29.41% |
| 2007-12-31 | 34.48% |
| 2007-09-30 | 34.15% |
| 2007-06-30 | 34.13% |
| 2007-03-31 | 36.41% |
| 2006-12-31 | 34.71% |
| 2006-09-30 | 35.32% |
| 2006-06-30 | 35.26% |
| 2006-03-31 | 34.90% |
| 2005-12-31 | 34.71% |
| 2005-06-30 | 36.52% |
| 2005-03-31 | -29.05% |
| 2004-12-31 | 40.36% |
| 2004-09-30 | 32.44% |
