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 31.43% is 47% above its 5-year average of 21.33%, near the high end of its 5-year range (-42.86%–41.38%).
As of the fiscal period ended Saturday, April 25, 2026. 450.00% above its 12-month average of 5.71%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
31.43%
TAX RATE AVG TTM
5.71%
TAX RATE AVG 3Y
19.08%
TAX RATE AVG 5Y
25.81%
TAX RATE AVG 10Y
26.21%
TAX RATE AVG 15Y
31.05%
TAX RATE AVG 20Y
32.85%
CURRENT VS TTM AVG
+450.00%
CURRENT VS 3Y AVG
+64.73%
CURRENT VS 5Y AVG
+21.77%
CURRENT VS 10Y AVG
+19.92%
CURRENT VS 15Y AVG
+1.20%
CURRENT VS 20Y AVG
-4.34%
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 |
|---|---|
| 2026-04-25 | 31.43% |
| 2026-01-03 | -42.86% |
| 2025-07-12 | 28.57% |
| 2024-07-13 | 29.55% |
| 2024-04-20 | 41.38% |
| 2023-07-15 | 26.41% |
| 2023-04-22 | 28.46% |
| 2022-12-31 | 16.23% |
| 2022-10-08 | 24.72% |
| 2022-07-16 | 24.30% |
| 2022-04-23 | 23.67% |
| 2021-12-31 | 18.30% |
| 2021-10-09 | 23.65% |
| 2021-07-17 | 24.84% |
| 2021-04-24 | 24.35% |
| 2020-12-31 | 20.43% |
| 2020-10-03 | 25.34% |
| 2020-07-11 | 24.78% |
| 2020-04-18 | 27.59% |
| 2019-12-31 | 20.10% |
| 2019-10-05 | 23.06% |
| 2019-07-13 | 24.90% |
| 2019-04-20 | 25.30% |
| 2018-12-31 | 23.50% |
| 2018-10-06 | 21.15% |
| 2018-07-14 | 25.17% |
| 2018-04-21 | 24.47% |
| 2017-12-31 | -148.86% |
| 2017-10-07 | 33.34% |
| 2017-07-15 | 35.97% |
| 2017-04-22 | 35.03% |
| 2016-12-31 | 35.65% |
| 2016-10-08 | 35.98% |
| 2016-07-16 | 40.36% |
| 2016-04-23 | 37.76% |
| 2015-12-31 | 34.60% |
| 2015-10-10 | 37.39% |
| 2015-07-18 | 36.92% |
| 2015-04-25 | 37.99% |
| 2014-12-31 | 35.53% |
| 2014-10-04 | 36.91% |
| 2014-07-12 | 37.73% |
| 2014-04-19 | 36.53% |
| 2013-12-31 | 39.82% |
| 2013-10-05 | 36.36% |
| 2013-07-13 | 37.51% |
| 2013-04-20 | 37.34% |
| 2012-12-31 | 38.07% |
| 2012-10-06 | 37.25% |
| 2012-07-14 | 38.21% |
| 2012-04-21 | 37.97% |
| 2011-12-31 | 38.00% |
| 2011-10-08 | 37.56% |
| 2011-07-16 | 37.41% |
| 2011-04-23 | 37.85% |
| 2010-12-31 | 38.05% |
| 2010-10-09 | 37.40% |
| 2010-07-17 | 37.99% |
| 2010-04-24 | 38.08% |
| 2009-12-31 | 34.00% |
| 2009-10-10 | 38.02% |
| 2009-08-15 | 37.99% |
| 2009-04-25 | 37.55% |
| 2008-12-31 | 37.55% |
| 2008-10-04 | 36.91% |
| 2008-07-12 | 37.50% |
| 2008-04-19 | 37.80% |
| 2007-12-31 | 37.02% |
| 2007-10-06 | 36.35% |
| 2007-07-14 | 38.32% |
| 2007-04-21 | 38.51% |
| 2006-12-31 | 38.04% |
| 2006-10-07 | 37.58% |
| 2006-07-15 | 38.10% |
| 2006-04-22 | 36.55% |
| 2005-12-31 | 37.69% |
| 2005-10-08 | 38.06% |
| 2005-07-16 | 37.80% |
| 2005-04-23 | 38.50% |
| 2004-12-31 | 38.50% |
| 2004-10-09 | 38.50% |
| 2004-07-17 | 38.50% |
| 2004-04-24 | 38.50% |
| 2003-12-31 | 38.50% |
| 2003-10-04 | 38.50% |
| 2003-07-12 | 38.50% |
| 2003-04-19 | 38.50% |
| 2002-12-31 | 38.80% |
| 2002-10-05 | 38.80% |
| 2002-07-13 | 38.80% |