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 24.30% is in line with its 5-year average of 25.17%, around the middle of its 5-year range (20.22%–28.81%).
As of the fiscal period ended Thursday, June 25, 2026. 3.63% below its 12-month average of 25.22%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-25): 24.30%.
TAX RATE
24.30%
TAX RATE AVG TTM
25.22%
TAX RATE AVG 3Y
25.11%
TAX RATE AVG 5Y
25.17%
TAX RATE AVG 10Y
25.28%
TAX RATE AVG 15Y
28.88%
TAX RATE AVG 20Y
29.09%
CURRENT VS TTM AVG
-3.63%
CURRENT VS 3Y AVG
-3.20%
CURRENT VS 5Y AVG
-3.45%
CURRENT VS 10Y AVG
-3.86%
CURRENT VS 15Y AVG
-15.83%
CURRENT VS 20Y AVG
-16.45%
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 |
|---|---|
| 2026-06-25 | 24.30% |
| 2026-03-26 | 24.44% |
| 2025-12-25 | 26.73% |
| 2025-09-25 | 25.30% |
| 2025-06-26 | 25.33% |
| 2025-03-27 | 22.91% |
| 2024-12-26 | 24.00% |
| 2024-09-26 | 25.83% |
| 2024-06-27 | 25.63% |
| 2024-03-28 | 20.22% |
| 2023-12-28 | 26.08% |
| 2023-09-28 | 25.61% |
| 2023-06-29 | 28.81% |
| 2023-03-30 | 23.43% |
| 2022-12-29 | 27.09% |
| 2022-09-29 | 25.98% |
| 2022-06-30 | 24.03% |
| 2022-03-24 | 25.17% |
| 2021-12-23 | 21.62% |
| 2021-09-23 | 25.97% |
| 2021-06-24 | 24.06% |
| 2021-03-25 | 25.67% |
| 2020-12-24 | 24.75% |
| 2020-09-24 | 26.20% |
| 2020-06-25 | 26.77% |
| 2020-03-26 | 24.96% |
| 2019-12-26 | 24.70% |
| 2019-09-26 | 26.44% |
| 2019-06-27 | 25.61% |
| 2019-03-28 | 25.19% |
| 2018-12-27 | 25.30% |
| 2018-09-27 | 21.33% |
| 2018-06-28 | 36.65% |
| 2018-03-29 | 29.70% |
| 2017-12-28 | 38.98% |
| 2017-09-28 | 32.44% |
| 2017-06-29 | 36.45% |
| 2017-03-30 | 31.12% |
| 2016-12-29 | 31.59% |
| 2016-09-29 | 34.42% |
| 2016-06-30 | 35.90% |
| 2016-03-24 | 27.73% |
| 2015-12-24 | 35.01% |
| 2015-09-24 | 35.08% |
| 2015-06-25 | 31.71% |
| 2015-03-26 | 35.45% |
| 2014-12-25 | 36.60% |
| 2014-09-25 | 35.09% |
| 2014-06-26 | 33.76% |
| 2014-03-27 | 20.12% |
| 2013-12-26 | 36.48% |
| 2013-09-26 | 36.85% |
| 2013-06-27 | 33.39% |
| 2013-03-28 | 80.88% |
| 2012-12-27 | 36.31% |
| 2012-09-27 | 37.70% |
| 2012-06-28 | 34.57% |
| 2012-03-29 | 36.20% |
| 2011-12-29 | 34.02% |
| 2011-09-29 | 36.52% |
| 2011-06-30 | 13.20% |
| 2010-12-23 | 35.70% |
| 2010-09-23 | 37.70% |
| 2010-06-24 | 35.67% |
| 2009-12-24 | 36.17% |
| 2009-09-24 | 39.26% |
| 2009-06-25 | -19.76% |
| 2008-12-25 | 10.87% |
| 2008-06-26 | -18.02% |
| 2007-12-27 | 13.93% |
| 2006-12-28 | 36.16% |
| 2005-06-30 | 39.00% |
| 2005-03-24 | 38.99% |
| 2004-12-23 | 39.00% |
| 2004-09-23 | 39.00% |
| 2004-06-24 | 39.00% |
| 2004-03-25 | 38.98% |
| 2003-12-25 | 39.00% |
| 2003-09-25 | 39.01% |
| 2003-06-26 | 38.99% |
| 2003-03-27 | 39.01% |
| 2002-12-26 | 39.00% |
| 2002-09-26 | 39.00% |
