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 26.17% is in line with its 5-year average of 25.96%, around the middle of its 5-year range (14.54%–32.62%).
As of the fiscal period ended Friday, July 3, 2026. 0.71% below its 12-month average of 26.36%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-07-03): 26.17%.
TAX RATE
26.17%
TAX RATE AVG TTM
26.36%
TAX RATE AVG 3Y
26.12%
TAX RATE AVG 5Y
25.96%
TAX RATE AVG 10Y
26.29%
TAX RATE AVG 15Y
30.41%
TAX RATE AVG 20Y
32.26%
CURRENT VS TTM AVG
-0.71%
CURRENT VS 3Y AVG
+0.18%
CURRENT VS 5Y AVG
+0.82%
CURRENT VS 10Y AVG
-0.45%
CURRENT VS 15Y AVG
-13.93%
CURRENT VS 20Y AVG
-18.87%
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 | 26.17% |
| 2026-04-03 | 26.23% |
| 2025-12-31 | 27.08% |
| 2025-09-26 | 25.96% |
| 2025-06-27 | 25.93% |
| 2025-03-28 | 25.71% |
| 2024-12-31 | 27.27% |
| 2024-09-27 | 25.67% |
| 2024-06-28 | 25.58% |
| 2024-03-29 | 25.62% |
| 2023-12-31 | 32.62% |
| 2023-09-29 | 23.88% |
| 2023-06-30 | 25.76% |
| 2023-03-31 | 25.80% |
| 2022-12-31 | 23.82% |
| 2022-09-30 | 25.35% |
| 2022-07-01 | 25.67% |
| 2022-04-01 | 26.21% |
| 2021-12-31 | 14.54% |
| 2021-10-01 | 26.63% |
| 2021-07-02 | 26.39% |
| 2021-04-02 | 27.28% |
| 2020-12-31 | 22.54% |
| 2020-09-27 | 25.01% |
| 2020-06-28 | 26.28% |
| 2020-03-29 | 25.57% |
| 2019-09-29 | 29.88% |
| 2019-06-30 | 29.88% |
| 2018-09-30 | 37.96% |
| 2017-12-31 | -177.27% |
| 2017-10-01 | 38.32% |
| 2017-07-02 | 33.05% |
| 2016-12-31 | 43.22% |
| 2016-10-02 | 33.93% |
| 2016-07-03 | 38.04% |
| 2015-12-31 | 34.10% |
| 2015-09-27 | 30.51% |
| 2015-06-28 | 37.78% |
| 2015-03-29 | 33.88% |
| 2014-12-31 | 30.70% |
| 2014-09-28 | 35.09% |
| 2014-06-29 | 35.91% |
| 2014-03-30 | 36.62% |
| 2013-09-29 | 20.82% |
| 2013-06-30 | 37.73% |
| 2013-03-31 | 30.09% |
| 2012-12-31 | 45.02% |
| 2012-09-30 | 39.07% |
| 2012-07-01 | 38.88% |
| 2012-04-01 | 46.72% |
| 2011-12-31 | 56.08% |
| 2011-10-02 | 30.81% |
| 2011-07-03 | 38.16% |
| 2011-04-03 | 37.86% |
| 2010-12-31 | 41.71% |
| 2010-10-03 | 30.66% |
| 2010-07-04 | 36.22% |
| 2010-04-04 | 41.97% |
| 2009-12-31 | 65.83% |
| 2009-09-27 | 5.98% |
| 2009-06-28 | 37.72% |
| 2009-03-29 | 25.75% |
| 2008-12-31 | 47.07% |
| 2008-06-29 | 39.13% |
| 2007-09-30 | 34.05% |
| 2007-07-01 | 38.57% |
| 2007-04-01 | 39.20% |
| 2006-12-31 | -36.62% |
| 2006-10-01 | 40.08% |
| 2006-07-02 | 41.71% |
| 2006-04-02 | 40.68% |
| 2005-12-31 | 31.64% |
| 2005-10-02 | 40.93% |
| 2005-07-03 | 41.97% |
| 2005-04-03 | 40.48% |
| 2004-12-31 | 17.66% |
| 2004-09-26 | 44.51% |
| 2004-06-27 | 40.91% |
| 2004-03-28 | 41.10% |
| 2003-12-31 | 20.42% |
| 2003-09-28 | 17.14% |
| 2003-06-29 | 18.03% |
| 2003-03-30 | 40.63% |
| 2002-09-29 | 42.26% |
