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 28.15% is 45% below its 5-year average of 51.28%, near the low end of its 5-year range (12.04%–460.00%).
As of the fiscal period ended Saturday, July 4, 2026. 7.00% above its 12-month average of 26.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.15%
TAX RATE AVG TTM
26.31%
TAX RATE AVG 3Y
25.95%
TAX RATE AVG 5Y
25.95%
TAX RATE AVG 10Y
25.74%
TAX RATE AVG 15Y
24.96%
TAX RATE AVG 20Y
27.46%
CURRENT VS TTM AVG
+7.00%
CURRENT VS 3Y AVG
+8.49%
CURRENT VS 5Y AVG
+8.47%
CURRENT VS 10Y AVG
+9.35%
CURRENT VS 15Y AVG
+12.76%
CURRENT VS 20Y AVG
+2.52%
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 |
|---|---|
| 2026-07-04 | 28.15% |
| 2026-04-03 | 27.97% |
| 2026-01-02 | 26.14% |
| 2025-10-03 | 22.37% |
| 2025-07-04 | 26.90% |
| 2025-04-04 | 26.75% |
| 2025-01-03 | 22.77% |
| 2024-09-27 | 23.88% |
| 2024-06-28 | 27.40% |
| 2024-03-29 | 27.13% |
| 2023-12-29 | 55.32% |
| 2023-09-30 | 460.00% |
| 2023-03-31 | 25.86% |
| 2022-12-31 | 12.04% |
| 2022-09-30 | 27.00% |
| 2022-06-30 | 25.98% |
| 2021-12-31 | 32.35% |
| 2021-09-30 | 25.00% |
| 2021-03-31 | 25.37% |
| 2020-12-31 | 9.09% |
| 2020-09-30 | 26.76% |
| 2019-12-31 | 1.67% |
| 2019-09-30 | 29.27% |
| 2019-06-30 | 26.47% |
| 2019-03-31 | 27.59% |
| 2018-12-31 | 22.22% |
| 2018-09-30 | 28.21% |
| 2018-06-30 | 21.95% |
| 2018-03-31 | 19.65% |
| 2017-12-31 | -694.29% |
| 2017-09-30 | 25.40% |
| 2017-06-30 | 21.00% |
| 2017-03-31 | 25.49% |
| 2016-06-30 | 32.86% |
| 2016-03-31 | 25.00% |
| 2015-12-31 | 34.25% |
| 2015-09-30 | 24.36% |
| 2015-06-30 | 25.27% |
| 2015-03-31 | 27.14% |
| 2014-09-30 | -2.27% |
| 2014-06-30 | 55.56% |
| 2013-12-31 | 33.33% |
| 2013-09-30 | 80.00% |
| 2013-06-30 | 11.90% |
| 2013-03-31 | 23.62% |
| 2012-12-31 | 20.00% |
| 2012-06-30 | 14.50% |
| 2012-03-31 | 8.41% |
| 2011-12-31 | 19.23% |
| 2011-09-30 | -39.42% |
| 2011-06-30 | 23.49% |
| 2011-03-31 | 15.83% |
| 2010-12-31 | 31.69% |
| 2010-09-30 | 26.88% |
| 2010-06-30 | 36.13% |
| 2010-03-31 | 36.56% |
| 2009-12-31 | 25.83% |
| 2009-09-30 | 25.38% |
| 2009-06-30 | 37.12% |
| 2009-03-31 | 36.67% |
| 2008-12-31 | 40.67% |
| 2008-09-30 | 36.42% |
| 2008-06-30 | 36.00% |
| 2008-03-31 | 35.93% |
| 2007-12-31 | 44.55% |
| 2007-09-30 | 32.41% |
| 2007-06-30 | 41.03% |
| 2007-03-31 | 47.27% |
| 2006-12-31 | 48.87% |
| 2006-09-30 | 88.71% |
| 2006-03-31 | 50.98% |