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 19.27% is in line with its 5-year average of 21.31%, near the low end of its 5-year range (3.23%–82.11%).
As of the fiscal period ended Friday, July 3, 2026. 10.81% above its 12-month average of 17.39%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.27%
TAX RATE AVG TTM
17.39%
TAX RATE AVG 3Y
21.83%
TAX RATE AVG 5Y
21.31%
TAX RATE AVG 10Y
15.13%
TAX RATE AVG 15Y
14.37%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+10.81%
CURRENT VS 3Y AVG
-11.69%
CURRENT VS 5Y AVG
-9.55%
CURRENT VS 10Y AVG
+27.35%
CURRENT VS 15Y AVG
+34.14%
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 | 19.27% |
| 2026-04-03 | 21.38% |
| 2026-01-02 | 3.23% |
| 2025-10-03 | 23.31% |
| 2025-07-04 | 19.78% |
| 2025-04-04 | 22.40% |
| 2024-12-31 | 24.31% |
| 2024-09-27 | 23.77% |
| 2024-06-28 | 22.79% |
| 2024-03-29 | 24.26% |
| 2023-12-31 | 17.00% |
| 2023-09-29 | 82.11% |
| 2023-06-30 | 19.13% |
| 2023-03-31 | 17.09% |
| 2022-09-30 | 20.46% |
| 2022-07-01 | 20.15% |
| 2022-04-01 | 19.54% |
| 2021-12-31 | 19.37% |
| 2021-10-01 | 28.27% |
| 2021-07-02 | 23.06% |
| 2020-12-31 | -0.93% |
| 2020-07-03 | 17.19% |
| 2020-04-03 | 19.03% |
| 2019-12-31 | 19.14% |
| 2019-09-27 | 20.55% |
| 2019-06-28 | 20.77% |
| 2019-03-29 | 16.43% |
| 2018-12-31 | -209.43% |
| 2018-09-28 | 1.80% |
| 2018-06-29 | 1.02% |
| 2018-03-30 | 2.12% |
| 2017-12-31 | 1.10% |
| 2017-09-29 | 3.79% |
| 2017-06-30 | 3.19% |
| 2017-03-31 | 0.80% |
| 2016-12-31 | 0.00% |
| 2011-12-31 | 2.72% |
| 2011-09-30 | 0.00% |
