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 31.39% is in line with its 5-year average of 29.36%, near the low end of its 5-year range (17.58%–78.61%).
As of the fiscal period ended Friday, June 26, 2026. 4.51% above its 12-month average of 30.04%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-26): 31.39%.
TAX RATE
31.39%
TAX RATE AVG TTM
30.04%
TAX RATE AVG 3Y
30.49%
TAX RATE AVG 5Y
29.36%
TAX RATE AVG 10Y
30.46%
TAX RATE AVG 15Y
34.99%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+4.51%
CURRENT VS 3Y AVG
+2.96%
CURRENT VS 5Y AVG
+6.93%
CURRENT VS 10Y AVG
+3.08%
CURRENT VS 15Y AVG
-10.28%
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 |
|---|---|
| 2026-06-26 | 31.39% |
| 2026-03-27 | 23.62% |
| 2025-12-26 | 34.60% |
| 2025-09-26 | 32.58% |
| 2025-06-27 | 28.00% |
| 2025-03-28 | 17.58% |
| 2024-12-31 | 30.56% |
| 2024-09-27 | 30.00% |
| 2024-06-28 | 30.00% |
| 2024-03-29 | 30.01% |
| 2023-12-31 | 38.63% |
| 2023-09-29 | 48.33% |
| 2023-06-30 | 26.00% |
| 2023-03-31 | 25.99% |
| 2022-12-31 | 78.61% |
| 2022-09-23 | 27.00% |
| 2022-06-24 | 26.99% |
| 2022-03-25 | 27.07% |
| 2021-12-31 | 27.31% |
| 2021-09-24 | 44.69% |
| 2021-06-25 | -337.45% |
| 2019-12-31 | 22.48% |
| 2019-09-27 | 27.54% |
| 2019-06-28 | 27.51% |
| 2019-03-29 | 27.54% |
| 2018-12-31 | 25.70% |
| 2018-09-28 | 25.66% |
| 2018-06-29 | 28.50% |
| 2018-03-30 | 28.52% |
| 2017-12-31 | 5.60% |
| 2017-09-29 | 41.71% |
| 2017-06-30 | 41.52% |
| 2016-12-31 | 43.41% |
| 2016-09-23 | 41.58% |
| 2016-03-25 | 41.62% |
| 2015-12-31 | 41.40% |
| 2015-09-25 | 41.59% |
| 2015-06-30 | 41.60% |
| 2015-03-27 | 41.50% |
| 2014-12-31 | 45.65% |
| 2014-09-26 | 41.01% |
| 2014-06-27 | 40.85% |
| 2014-03-28 | 41.53% |
| 2013-12-31 | 39.63% |
| 2013-09-27 | 41.47% |
| 2013-06-28 | 41.57% |
| 2013-03-29 | 41.57% |
| 2012-12-31 | 45.66% |
| 2012-09-28 | 39.54% |
| 2012-06-29 | 41.50% |
| 2012-03-30 | 41.61% |
| 2011-12-31 | 43.15% |
| 2011-06-24 | 39.17% |
| 2011-03-31 | 39.54% |
| 2010-12-31 | -25.14% |
| 2010-09-30 | 26.63% |
| 2010-06-30 | 19.67% |
| 2010-03-31 | 40.60% |
