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 21.52% is in line with its 5-year average of 22.15%, near the low end of its 5-year range (21.01%–23.36%).
As of the fiscal period ended Sunday, June 28, 2026. 1.46% below its 12-month average of 21.84%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.52%
TAX RATE AVG TTM
21.84%
TAX RATE AVG 3Y
22.02%
TAX RATE AVG 5Y
22.15%
TAX RATE AVG 10Y
22.51%
TAX RATE AVG 15Y
26.44%
TAX RATE AVG 20Y
27.64%
CURRENT VS TTM AVG
-1.46%
CURRENT VS 3Y AVG
-2.28%
CURRENT VS 5Y AVG
-2.85%
CURRENT VS 10Y AVG
-4.40%
CURRENT VS 15Y AVG
-18.62%
CURRENT VS 20Y AVG
-22.14%
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 |
|---|---|
| 2026-06-28 | 21.52% |
| 2026-04-04 | 21.57% |
| 2026-01-03 | 21.91% |
| 2025-09-27 | 22.19% |
| 2025-06-28 | 22.02% |
| 2025-03-29 | 21.78% |
| 2024-12-28 | 22.11% |
| 2024-09-28 | 22.49% |
| 2024-06-29 | 22.22% |
| 2024-03-30 | 21.81% |
| 2023-12-31 | 21.01% |
| 2023-09-30 | 22.20% |
| 2023-07-01 | 22.46% |
| 2023-04-01 | 22.68% |
| 2022-12-31 | 21.56% |
| 2022-10-01 | 21.19% |
| 2022-07-02 | 23.36% |
| 2022-04-02 | 23.26% |
| 2021-12-31 | 21.86% |
| 2021-10-02 | 23.21% |
| 2021-07-03 | 22.78% |
| 2021-04-03 | 23.02% |
| 2020-12-31 | 21.40% |
| 2020-09-26 | 22.98% |
| 2020-06-27 | 23.15% |
| 2020-03-28 | 23.61% |
| 2019-12-31 | 21.84% |
| 2019-09-28 | 22.96% |
| 2019-06-29 | 23.12% |
| 2019-03-30 | 23.81% |
| 2018-12-31 | 21.63% |
| 2018-09-29 | 23.52% |
| 2018-06-30 | 23.42% |
| 2018-03-31 | 25.74% |
| 2017-12-31 | 32.39% |
| 2017-09-30 | 29.50% |
| 2017-07-01 | 30.13% |
| 2017-04-01 | 30.15% |
| 2016-12-31 | 30.28% |
| 2016-10-01 | 30.67% |
| 2016-07-02 | 30.46% |
| 2016-04-02 | 30.54% |
| 2015-12-31 | 30.60% |
| 2015-10-03 | 31.05% |
| 2015-07-04 | 31.47% |
| 2015-04-04 | 31.49% |
| 2014-12-31 | 31.66% |
| 2014-09-27 | 31.29% |
| 2014-06-28 | 32.34% |
| 2014-03-29 | 31.13% |
| 2013-12-31 | 31.52% |
| 2013-09-28 | 31.95% |
| 2013-06-29 | 31.98% |
| 2013-03-30 | 31.27% |
| 2012-12-31 | 31.49% |
| 2012-09-29 | 31.64% |
| 2012-06-30 | 32.90% |
| 2012-03-31 | 32.87% |
| 2011-12-31 | 32.50% |
| 2011-10-01 | 31.03% |
| 2011-07-02 | 33.47% |
| 2011-04-02 | 32.27% |
| 2010-12-31 | 29.38% |
| 2010-10-02 | 33.52% |
| 2010-07-03 | 30.43% |
| 2010-04-03 | 33.75% |
| 2009-12-31 | 30.56% |
| 2009-10-03 | 28.53% |
| 2009-07-04 | 29.43% |
| 2009-04-04 | 33.03% |
| 2008-12-31 | 31.94% |
| 2008-09-27 | 33.25% |
| 2008-06-28 | 49.50% |
| 2008-03-29 | 33.41% |
| 2007-12-31 | 30.22% |
| 2007-09-29 | 34.45% |
| 2007-06-30 | 32.48% |
| 2007-03-31 | 33.45% |
| 2006-12-31 | 28.84% |
| 2006-09-30 | 34.42% |
| 2006-07-01 | 24.84% |
| 2006-04-01 | 34.62% |
| 2005-12-31 | 36.13% |
| 2005-10-01 | 42.78% |
| 2005-07-02 | 34.96% |
| 2005-04-02 | 34.91% |
| 2005-02-01 | 35.31% |
| 2004-10-02 | 22.97% |
| 2004-07-03 | 35.09% |
| 2004-04-03 | 34.87% |
| 2003-12-31 | 34.96% |
| 2003-09-27 | 22.71% |
| 2003-06-28 | 34.99% |
| 2003-03-29 | 34.95% |
| 2002-12-31 | 35.98% |
| 2002-09-28 | 36.21% |
