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 23.43% is 16% above its 5-year average of 20.16%, near the high end of its 5-year range (-29.92%–27.53%).
As of the fiscal period ended Saturday, March 28, 2026. 6.39% above its 12-month average of 22.02%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.43%
TAX RATE AVG TTM
22.02%
TAX RATE AVG 3Y
22.88%
TAX RATE AVG 5Y
22.57%
TAX RATE AVG 10Y
22.79%
TAX RATE AVG 15Y
26.02%
TAX RATE AVG 20Y
28.28%
CURRENT VS TTM AVG
+6.39%
CURRENT VS 3Y AVG
+2.40%
CURRENT VS 5Y AVG
+3.81%
CURRENT VS 10Y AVG
+2.80%
CURRENT VS 15Y AVG
-9.98%
CURRENT VS 20Y AVG
-17.17%
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 |
|---|---|
| 2026-03-28 | 23.43% |
| 2025-12-27 | 22.20% |
| 2025-09-30 | 19.12% |
| 2025-06-28 | 22.36% |
| 2025-03-29 | 22.99% |
| 2024-12-28 | 20.36% |
| 2024-09-30 | 22.81% |
| 2024-06-29 | 23.42% |
| 2024-03-30 | 22.16% |
| 2023-12-30 | 21.72% |
| 2023-09-30 | 24.73% |
| 2023-07-01 | 24.95% |
| 2023-04-01 | 23.43% |
| 2022-12-31 | 23.92% |
| 2022-09-30 | 26.59% |
| 2022-07-02 | 23.40% |
| 2022-04-02 | 23.46% |
| 2022-01-01 | 15.54% |
| 2021-09-30 | 27.53% |
| 2021-07-03 | -29.92% |
| 2021-04-03 | 19.23% |
| 2021-01-02 | 5.66% |
| 2020-09-30 | -32.89% |
| 2020-06-27 | 114.71% |
| 2020-03-28 | 4.15% |
| 2019-12-28 | 20.14% |
| 2019-09-30 | 13.63% |
| 2019-06-29 | 30.05% |
| 2019-03-30 | 23.95% |
| 2018-12-29 | 21.51% |
| 2018-09-30 | 18.30% |
| 2018-06-30 | 18.13% |
| 2018-03-31 | 18.35% |
| 2017-12-30 | -63.39% |
| 2017-09-30 | 25.59% |
| 2017-06-30 | 27.99% |
| 2017-04-01 | 27.68% |
| 2016-12-31 | 14.43% |
| 2016-09-30 | 26.03% |
| 2016-07-02 | 27.59% |
| 2016-04-02 | 30.96% |
| 2016-01-02 | 29.96% |
| 2015-09-30 | 29.05% |
| 2015-06-27 | 28.56% |
| 2015-03-28 | 29.22% |
| 2014-12-27 | 32.60% |
| 2014-09-30 | 29.32% |
| 2014-06-28 | 22.51% |
| 2014-03-29 | 33.66% |
| 2013-12-28 | 33.64% |
| 2013-09-30 | 32.52% |
| 2013-06-29 | 32.91% |
| 2013-03-30 | 31.88% |
| 2012-12-29 | 32.55% |
| 2012-09-30 | 35.52% |
| 2012-06-30 | 30.68% |
| 2012-03-31 | 34.72% |
| 2011-12-31 | 32.33% |
| 2011-09-30 | 31.33% |
| 2011-07-02 | 34.61% |
| 2011-04-02 | 36.13% |
| 2010-09-30 | 33.55% |
| 2010-07-03 | 34.37% |
| 2010-04-03 | 36.21% |
| 2010-01-02 | 35.84% |
| 2009-09-30 | 33.94% |
| 2009-06-27 | 35.30% |
| 2009-03-28 | 36.16% |
| 2008-12-27 | 34.98% |
| 2008-09-30 | 35.47% |
| 2008-06-28 | 36.36% |
| 2008-03-29 | 34.03% |
| 2007-12-29 | 36.40% |
| 2007-09-30 | 38.46% |
| 2007-06-30 | 37.48% |
| 2007-03-31 | 37.67% |
| 2006-12-30 | 36.61% |
| 2006-09-30 | 44.63% |
| 2006-04-01 | 38.52% |
| 2005-12-31 | 38.20% |
