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 16.61% is 26% below its 4-year average of 22.44%, near the low end of its 4-year range (13.31%–30.43%).
As of the fiscal period ended Friday, July 3, 2026. 12.39% below its 12-month average of 18.96%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.61%
TAX RATE AVG TTM
18.96%
TAX RATE AVG 3Y
22.19%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-12.39%
CURRENT VS 3Y AVG
-25.15%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 16.61% |
| 2026-04-03 | 20.87% |
| 2025-12-31 | 13.31% |
| 2025-10-03 | 21.90% |
| 2025-07-04 | 22.11% |
| 2025-04-04 | 22.15% |
| 2024-12-31 | 18.93% |
| 2024-09-27 | 23.43% |
| 2024-06-28 | 24.81% |
| 2024-03-31 | 26.40% |
| 2023-12-31 | 23.37% |
| 2023-09-30 | 23.51% |
| 2023-06-30 | 24.00% |
| 2023-03-31 | 22.95% |
| 2022-12-31 | 30.43% |
| 2022-09-30 | 23.51% |
| 2022-07-01 | 23.51% |
| 2022-04-30 | 22.08% |
