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 24.00% is in line with its 5-year average of 23.16%, near the low end of its 5-year range (12.81%–53.00%).
As of the fiscal period ended Saturday, June 27, 2026. 18.19% below its 12-month average of 29.33%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-27): 24.00%.
TAX RATE
24.00%
TAX RATE AVG TTM
29.33%
TAX RATE AVG 3Y
23.49%
TAX RATE AVG 5Y
23.16%
TAX RATE AVG 10Y
22.44%
TAX RATE AVG 15Y
29.04%
TAX RATE AVG 20Y
31.26%
CURRENT VS TTM AVG
-18.19%
CURRENT VS 3Y AVG
+2.15%
CURRENT VS 5Y AVG
+3.62%
CURRENT VS 10Y AVG
+6.92%
CURRENT VS 15Y AVG
-17.37%
CURRENT VS 20Y AVG
-23.24%
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 |
|---|---|
| 2026-06-27 | 24.00% |
| 2026-03-28 | 22.54% |
| 2025-12-31 | 53.00% |
| 2025-09-27 | 23.52% |
| 2025-06-28 | 23.60% |
| 2025-03-29 | 22.37% |
| 2024-12-31 | 30.95% |
| 2024-09-28 | 22.31% |
| 2024-06-29 | 24.01% |
| 2024-03-30 | 25.04% |
| 2023-12-31 | 24.22% |
| 2023-09-30 | 22.96% |
| 2023-07-01 | 23.84% |
| 2023-04-01 | 12.81% |
| 2022-12-31 | 22.23% |
| 2022-09-24 | 22.90% |
| 2022-06-25 | 21.05% |
| 2022-03-26 | 22.73% |
| 2021-12-31 | 22.37% |
| 2021-09-25 | 23.99% |
| 2021-06-26 | 22.31% |
| 2021-03-27 | 21.35% |
| 2020-12-31 | 21.78% |
| 2020-09-26 | 23.45% |
| 2020-06-27 | 19.86% |
| 2020-03-28 | 17.76% |
| 2019-12-31 | 19.47% |
| 2019-09-28 | 21.07% |
| 2019-06-29 | 21.10% |
| 2019-03-30 | 21.38% |
| 2018-12-31 | 21.97% |
| 2018-09-29 | 22.32% |
| 2018-06-30 | 19.87% |
| 2018-03-31 | 23.66% |
| 2017-12-31 | 49.25% |
| 2017-09-30 | 37.13% |
| 2017-07-01 | 37.14% |
| 2017-04-01 | 35.29% |
| 2016-12-31 | 38.92% |
| 2016-09-24 | 35.79% |
| 2016-06-25 | 36.52% |
| 2016-03-26 | 36.54% |
| 2015-12-31 | 36.49% |
| 2015-09-26 | 36.74% |
| 2015-06-27 | 37.18% |
| 2015-03-28 | 36.49% |
| 2014-12-31 | 34.69% |
| 2014-09-27 | 36.13% |
| 2014-06-28 | 36.56% |
| 2014-03-29 | 36.19% |
| 2013-12-31 | 34.68% |
| 2013-09-28 | 35.75% |
| 2013-06-29 | 37.00% |
| 2013-03-30 | 36.13% |
| 2012-12-31 | 33.51% |
| 2012-09-29 | 36.46% |
| 2012-06-30 | 37.30% |
| 2012-03-31 | 37.30% |
| 2011-12-31 | 33.74% |
| 2011-09-24 | 35.80% |
| 2011-06-25 | 37.29% |
| 2011-03-26 | 35.22% |
| 2010-12-31 | 37.52% |
| 2010-09-25 | 37.29% |
| 2010-06-26 | 39.68% |
| 2010-03-27 | 38.50% |
| 2009-12-31 | 39.61% |
| 2009-09-26 | 38.63% |
| 2009-06-27 | 38.58% |
| 2009-03-28 | 38.28% |
| 2008-12-31 | 23.60% |
| 2008-09-27 | 38.99% |
| 2008-06-28 | 37.78% |
| 2008-03-29 | 39.74% |
| 2007-12-31 | 48.69% |
| 2007-09-29 | 37.86% |
| 2007-06-30 | 38.20% |
| 2007-03-31 | 37.16% |
| 2006-12-31 | 38.62% |
| 2006-09-30 | 37.09% |
| 2006-07-01 | 76.06% |
| 2006-04-01 | 37.13% |
| 2005-12-31 | 37.62% |
| 2005-09-24 | 37.13% |
| 2005-06-25 | 36.91% |
| 2005-03-26 | 36.77% |
| 2004-12-31 | 36.04% |
| 2004-09-25 | 36.40% |
| 2004-06-26 | 36.29% |
| 2004-03-27 | 36.14% |
| 2003-12-31 | 35.80% |
| 2003-09-27 | 35.51% |
| 2003-06-28 | 35.77% |
| 2003-03-29 | 35.45% |
| 2002-12-31 | 36.07% |
| 2002-09-28 | 35.12% |
