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 23.63% is in line with its 5-year average of 21.51%, near the high end of its 5-year range (13.30%–24.50%).
As of the fiscal period ended Sunday, April 26, 2026. 4.54% above its 12-month average of 22.60%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.63%
TAX RATE AVG TTM
22.60%
TAX RATE AVG 3Y
22.14%
TAX RATE AVG 5Y
22.15%
TAX RATE AVG 10Y
21.15%
TAX RATE AVG 15Y
26.54%
TAX RATE AVG 20Y
28.85%
CURRENT VS TTM AVG
+4.54%
CURRENT VS 3Y AVG
+6.70%
CURRENT VS 5Y AVG
+6.68%
CURRENT VS 10Y AVG
+11.70%
CURRENT VS 15Y AVG
-10.97%
CURRENT VS 20Y AVG
-18.10%
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 |
|---|---|
| 2026-04-26 | 23.63% |
| 2026-01-25 | 22.42% |
| 2025-07-27 | 22.33% |
| 2025-04-27 | 22.02% |
| 2025-01-26 | 21.80% |
| 2024-10-31 | 21.45% |
| 2024-07-28 | 21.70% |
| 2024-04-28 | 22.50% |
| 2024-01-28 | 23.40% |
| 2023-10-31 | 20.47% |
| 2023-07-30 | 21.70% |
| 2023-04-30 | 22.10% |
| 2023-01-29 | 22.60% |
| 2022-10-31 | 21.67% |
| 2022-07-31 | 24.50% |
| 2022-05-01 | 18.70% |
| 2022-01-30 | 22.40% |
| 2021-10-31 | 20.01% |
| 2021-07-25 | 13.30% |
| 2021-04-25 | 22.11% |
| 2021-01-24 | 19.74% |
| 2020-10-31 | 15.86% |
| 2020-07-26 | 21.63% |
| 2020-04-26 | 20.55% |
| 2020-01-26 | 16.27% |
| 2019-10-31 | 21.05% |
| 2019-07-28 | 23.59% |
| 2019-04-28 | 11.13% |
| 2019-01-27 | 21.32% |
| 2018-10-31 | 18.66% |
| 2018-07-29 | 18.38% |
| 2018-04-29 | 19.99% |
| 2018-01-28 | 0.64% |
| 2017-10-31 | 33.83% |
| 2017-07-30 | 34.34% |
| 2017-04-30 | 33.23% |
| 2017-01-29 | 33.68% |
| 2016-10-31 | 33.05% |
| 2016-07-24 | 28.58% |
| 2016-04-24 | 33.56% |
| 2016-01-24 | 33.60% |
| 2015-10-31 | 35.18% |
| 2015-07-26 | 35.61% |
| 2015-04-26 | 34.56% |
| 2015-01-25 | 34.69% |
| 2014-10-31 | 34.09% |
| 2014-07-27 | 34.73% |
| 2014-04-27 | 33.99% |
| 2014-01-26 | 34.35% |
| 2013-10-31 | 33.86% |
| 2013-07-28 | 35.67% |
| 2013-04-28 | 31.51% |
| 2013-01-27 | 33.45% |
| 2012-10-31 | 33.10% |
| 2012-07-29 | 33.68% |
| 2012-04-29 | 33.47% |
| 2012-01-29 | 33.44% |
| 2011-10-31 | 34.29% |
| 2011-07-31 | 29.27% |
| 2011-05-01 | 33.93% |
| 2011-01-30 | 34.66% |
| 2010-10-31 | 34.81% |
| 2010-07-25 | 35.76% |
| 2010-04-25 | 40.72% |
| 2010-01-24 | 33.79% |
| 2009-10-31 | 34.12% |
| 2009-07-26 | 34.36% |
| 2009-04-26 | 35.30% |
| 2009-01-25 | 34.48% |
| 2008-10-31 | 41.90% |
| 2008-07-27 | 35.17% |
| 2008-04-27 | 36.10% |
| 2008-01-27 | 36.70% |
| 2007-10-31 | 34.93% |
| 2007-07-29 | 36.45% |
| 2007-04-29 | 37.35% |
| 2007-01-28 | 34.79% |
| 2006-10-31 | 36.22% |
| 2006-07-30 | 31.97% |
| 2006-04-30 | 33.75% |
| 2006-01-29 | 30.93% |
| 2005-10-31 | 38.06% |
| 2005-07-31 | 36.92% |
| 2005-05-01 | 37.26% |
| 2005-01-30 | 37.15% |
| 2004-10-31 | 36.50% |
| 2004-07-24 | 36.50% |
| 2004-04-24 | 36.30% |
| 2004-01-24 | 36.50% |
| 2003-10-31 | 36.96% |
| 2003-07-26 | 35.25% |
| 2003-04-26 | 35.35% |
| 2003-01-25 | 34.70% |
| 2002-10-31 | 34.87% |
| 2002-07-27 | 34.88% |
