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 25.06% is in line with its 5-year average of 24.31%, around the middle of its 5-year range (21.40%–29.98%).
As of the fiscal period ended Saturday, July 18, 2026. 5.10% below its 12-month average of 26.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-07-18): 25.06%.
TAX RATE
25.06%
TAX RATE AVG TTM
26.41%
TAX RATE AVG 3Y
25.11%
TAX RATE AVG 5Y
24.31%
TAX RATE AVG 10Y
23.92%
TAX RATE AVG 15Y
28.11%
TAX RATE AVG 20Y
30.16%
CURRENT VS TTM AVG
-5.10%
CURRENT VS 3Y AVG
-0.20%
CURRENT VS 5Y AVG
+3.08%
CURRENT VS 10Y AVG
+4.79%
CURRENT VS 15Y AVG
-10.83%
CURRENT VS 20Y AVG
-16.88%
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 |
|---|---|
| 2026-07-18 | 25.06% |
| 2026-04-25 | 29.98% |
| 2025-10-04 | 24.19% |
| 2025-07-12 | 25.62% |
| 2025-04-19 | 25.57% |
| 2024-12-31 | 24.22% |
| 2024-10-05 | 24.01% |
| 2024-07-13 | 25.94% |
| 2024-04-20 | 23.99% |
| 2023-12-31 | 22.57% |
| 2023-07-15 | 24.42% |
| 2023-04-22 | 21.40% |
| 2022-12-31 | 24.00% |
| 2022-10-08 | 25.34% |
| 2022-07-16 | 23.72% |
| 2022-04-23 | 22.27% |
| 2021-12-31 | 24.44% |
| 2021-10-09 | 23.67% |
| 2021-07-17 | 22.74% |
| 2021-04-24 | 24.48% |
| 2020-12-31 | 25.20% |
| 2020-10-03 | 22.82% |
| 2020-07-11 | 24.20% |
| 2019-12-31 | -89.33% |
| 2019-10-05 | 22.30% |
| 2019-07-13 | 23.10% |
| 2019-04-20 | 23.47% |
| 2018-12-31 | 21.28% |
| 2018-10-06 | 22.49% |
| 2018-07-14 | 8.71% |
| 2018-04-21 | 26.56% |
| 2017-12-31 | -79.20% |
| 2017-07-15 | 33.11% |
| 2017-04-22 | 36.45% |
| 2016-12-31 | 24.55% |
| 2016-10-08 | 34.55% |
| 2016-07-16 | 34.77% |
| 2016-04-23 | 35.74% |
| 2015-12-31 | 35.54% |
| 2015-10-10 | 36.41% |
| 2015-07-18 | 34.63% |
| 2015-04-25 | 35.35% |
| 2014-12-31 | 30.68% |
| 2014-10-04 | 35.34% |
| 2014-07-12 | 33.91% |
| 2014-04-19 | 35.74% |
| 2013-12-31 | 29.54% |
| 2013-10-05 | 32.44% |
| 2013-07-13 | 35.61% |
| 2013-03-31 | 22.95% |
| 2012-12-31 | 31.10% |
| 2012-10-06 | 36.42% |
| 2012-07-14 | 36.20% |
| 2012-04-21 | 35.90% |
| 2011-12-31 | 37.65% |
| 2011-10-08 | 35.41% |
| 2011-07-16 | 35.46% |
| 2011-04-23 | 34.95% |
| 2010-12-31 | 33.31% |
| 2010-10-09 | 34.91% |
| 2010-07-17 | 35.32% |
| 2010-04-24 | 35.59% |
| 2009-12-31 | 33.61% |
| 2009-10-10 | 35.47% |
| 2009-07-18 | 36.59% |
| 2009-04-25 | 36.63% |
| 2008-12-31 | 35.47% |
| 2008-10-04 | 35.76% |
| 2008-07-12 | 36.78% |
| 2008-04-19 | 35.67% |
| 2007-12-31 | 38.01% |
| 2007-10-06 | 35.01% |
| 2007-07-14 | 36.79% |
| 2007-04-21 | 35.22% |
| 2006-12-31 | 37.55% |
| 2006-10-07 | 35.62% |
| 2006-07-15 | 36.96% |
| 2006-04-22 | 37.37% |
| 2005-12-31 | 37.83% |
| 2005-10-08 | 36.13% |
| 2005-07-16 | 38.05% |
| 2005-04-23 | 39.44% |
| 2004-12-31 | 42.78% |
| 2004-10-09 | 38.50% |
| 2004-07-17 | 38.50% |
| 2004-04-24 | 36.99% |
| 2003-12-31 | 38.52% |
| 2003-10-04 | 38.50% |
| 2003-07-12 | 38.50% |
| 2003-04-19 | 38.50% |
| 2002-10-05 | 38.50% |