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 24.40% is 50% above its 5-year average of 16.32%, near the high end of its 5-year range (-74.52%–27.60%).
As of the fiscal period ended Friday, June 26, 2026. 4.87% above its 12-month average of 23.27%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-06-26): 24.40%.
TAX RATE
24.40%
TAX RATE AVG TTM
23.27%
TAX RATE AVG 3Y
19.27%
TAX RATE AVG 5Y
16.32%
TAX RATE AVG 10Y
15.49%
TAX RATE AVG 15Y
13.64%
TAX RATE AVG 20Y
13.04%
CURRENT VS TTM AVG
+4.87%
CURRENT VS 3Y AVG
+26.64%
CURRENT VS 5Y AVG
+49.55%
CURRENT VS 10Y AVG
+57.54%
CURRENT VS 15Y AVG
+78.91%
CURRENT VS 20Y AVG
+87.12%
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 | 24.40% |
| 2026-03-31 | 20.63% |
| 2025-12-31 | 25.31% |
| 2025-09-26 | 24.05% |
| 2025-06-27 | 21.95% |
| 2025-03-31 | 20.43% |
| 2024-12-31 | 8.68% |
| 2024-09-27 | 18.94% |
| 2024-06-28 | 27.60% |
| 2023-12-31 | 15.13% |
| 2023-09-29 | 13.73% |
| 2023-06-30 | 10.37% |
| 2023-03-31 | -74.52% |
| 2022-12-31 | 9.54% |
| 2022-09-30 | 12.50% |
| 2022-07-01 | 15.95% |
| 2022-03-31 | 13.20% |
| 2021-12-31 | 6.58% |
| 2021-10-01 | 9.43% |
| 2021-07-02 | 11.59% |
| 2021-03-31 | 7.69% |
| 2020-12-31 | 10.73% |
| 2020-09-25 | 26.14% |
| 2020-06-26 | 22.39% |
| 2020-03-31 | -8.01% |
| 2019-12-31 | 23.45% |
| 2019-06-28 | 30.01% |
| 2018-09-28 | 20.14% |
| 2018-06-29 | 18.08% |
| 2018-03-31 | 223.93% |
| 2017-12-31 | 16.17% |
| 2017-09-29 | 6.10% |
| 2017-06-30 | 14.29% |
| 2017-03-31 | 12.20% |
| 2016-12-31 | 7.68% |
| 2016-09-30 | 117.01% |
| 2016-07-01 | 9.57% |
| 2016-03-31 | 11.39% |
| 2015-12-31 | -17.67% |
| 2015-09-25 | 12.33% |
| 2015-06-26 | 6.55% |
| 2015-03-31 | 13.32% |
| 2014-12-31 | 10.33% |
| 2014-09-26 | 10.00% |
| 2014-06-27 | 8.45% |
| 2014-03-31 | 26.66% |
| 2013-12-31 | 5.57% |
| 2013-09-30 | 8.09% |
| 2013-06-28 | 0.46% |
| 2012-12-31 | -19.17% |
| 2012-09-28 | 9.74% |
| 2012-06-29 | 7.85% |
| 2012-03-31 | 5.03% |
| 2011-12-31 | 11.73% |
| 2011-09-30 | 10.26% |
| 2011-07-01 | 11.21% |
| 2011-03-31 | 11.98% |
| 2010-12-31 | -11.49% |
| 2010-10-01 | 6.48% |
| 2010-07-02 | 8.80% |
| 2010-03-31 | 8.43% |
| 2009-12-31 | 11.79% |
| 2008-09-26 | 20.73% |
| 2008-06-27 | 7.78% |
| 2007-09-28 | 7.93% |
| 2007-06-29 | 3.11% |
| 2007-03-31 | 4.19% |
| 2006-12-31 | 7.84% |
| 2006-06-30 | 5.90% |
| 2005-12-31 | -17.05% |
| 2005-09-30 | 143.38% |
| 2005-07-01 | -2.54% |
| 2005-03-31 | -46.66% |
| 2004-12-31 | 5.35% |
| 2004-09-30 | -37.77% |
| 2004-06-30 | -35.62% |
| 2003-12-31 | 10.00% |
| 2003-03-31 | 7.44% |
| 2002-09-30 | 10.01% |
