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 20.13% is 14% above its 5-year average of 17.64%, near the high end of its 5-year range (6.96%–20.13%).
As of the fiscal period ended Friday, June 26, 2026. 9.50% above its 12-month average of 18.38%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.13%
TAX RATE AVG TTM
18.38%
TAX RATE AVG 3Y
17.56%
TAX RATE AVG 5Y
17.64%
TAX RATE AVG 10Y
17.14%
TAX RATE AVG 15Y
21.49%
TAX RATE AVG 20Y
24.32%
CURRENT VS TTM AVG
+9.50%
CURRENT VS 3Y AVG
+14.67%
CURRENT VS 5Y AVG
+14.15%
CURRENT VS 10Y AVG
+17.43%
CURRENT VS 15Y AVG
-6.32%
CURRENT VS 20Y AVG
-17.23%
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 | 20.13% |
| 2026-03-27 | 15.41% |
| 2025-12-26 | 18.75% |
| 2025-09-26 | 18.30% |
| 2025-06-27 | 19.33% |
| 2025-03-28 | 18.07% |
| 2024-12-27 | 17.94% |
| 2024-09-27 | 19.23% |
| 2024-06-28 | 19.49% |
| 2024-03-29 | 12.92% |
| 2023-12-31 | 13.80% |
| 2023-09-29 | 18.97% |
| 2023-06-30 | 15.88% |
| 2023-03-31 | 17.91% |
| 2022-12-31 | 18.05% |
| 2022-09-30 | 18.42% |
| 2022-07-01 | 19.79% |
| 2022-04-01 | 17.96% |
| 2021-12-31 | 6.96% |
| 2021-09-24 | 14.72% |
| 2021-06-25 | 16.42% |
| 2021-03-26 | 15.95% |
| 2020-12-31 | 11.44% |
| 2020-09-25 | 5.70% |
| 2020-06-26 | 31.39% |
| 2020-03-27 | 11.31% |
| 2019-12-31 | 15.62% |
| 2019-09-27 | 13.09% |
| 2019-06-28 | 18.25% |
| 2019-03-29 | 13.87% |
| 2018-12-31 | 18.13% |
| 2018-09-28 | 14.23% |
| 2018-06-29 | 15.30% |
| 2018-03-30 | 20.40% |
| 2017-12-31 | 50.50% |
| 2017-09-29 | 21.72% |
| 2017-06-30 | 16.50% |
| 2017-03-31 | 25.55% |
| 2016-09-23 | 29.01% |
| 2016-06-24 | 30.60% |
| 2016-03-25 | 31.34% |
| 2015-12-31 | 26.69% |
| 2015-09-25 | 31.41% |
| 2015-06-26 | 27.78% |
| 2015-03-27 | 22.42% |
| 2014-12-31 | 26.85% |
| 2014-09-26 | 27.86% |
| 2014-06-27 | 27.95% |
| 2014-03-28 | 31.00% |
| 2013-12-31 | 28.46% |
| 2013-09-27 | 23.88% |
| 2013-06-28 | 28.98% |
| 2013-03-29 | 26.71% |
| 2012-12-31 | 27.96% |
| 2012-09-28 | 31.66% |
| 2012-06-29 | 31.78% |
| 2012-03-30 | 34.46% |
| 2011-12-31 | 30.42% |
| 2011-09-30 | 31.49% |
| 2011-07-01 | 32.21% |
| 2011-04-01 | 34.01% |
| 2010-12-31 | 26.02% |
| 2010-09-24 | 27.77% |
| 2010-06-25 | 35.38% |
| 2010-03-26 | 34.64% |
| 2009-12-31 | 23.53% |
| 2009-10-19 | 30.20% |
| 2009-06-26 | 32.10% |
| 2009-03-27 | 33.59% |
| 2008-12-31 | 20.50% |
| 2008-09-26 | 34.42% |
| 2008-06-27 | 34.74% |
| 2008-03-31 | 30.08% |
| 2007-12-31 | 32.03% |
| 2007-09-28 | 31.67% |
| 2007-06-29 | 34.04% |
| 2007-03-28 | 35.04% |
| 2006-12-31 | 31.13% |
| 2006-09-29 | 31.38% |
| 2006-06-30 | 35.04% |
| 2006-03-31 | 35.03% |
| 2005-12-31 | 33.55% |
| 2005-09-30 | 33.55% |
| 2005-07-01 | 33.56% |
| 2005-04-01 | 33.47% |
| 2004-12-31 | 30.69% |
| 2004-09-24 | 33.01% |
| 2004-06-25 | 32.90% |
| 2004-03-26 | 33.01% |
| 2003-12-31 | 31.69% |
| 2003-09-26 | 32.23% |
| 2003-06-27 | 32.17% |
| 2003-03-28 | 32.85% |
| 2002-12-31 | 32.25% |
| 2002-09-27 | 32.35% |
