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 22.01% is 68% above its 5-year average of 13.14%, near the high end of its 5-year range (-145.90%–63.28%).
As of the fiscal period ended Friday, April 24, 2026. 16.35% above its 12-month average of 18.91%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.01%
TAX RATE AVG TTM
18.91%
TAX RATE AVG 3Y
21.10%
TAX RATE AVG 5Y
20.57%
TAX RATE AVG 10Y
20.57%
TAX RATE AVG 15Y
17.41%
TAX RATE AVG 20Y
16.07%
CURRENT VS TTM AVG
+16.35%
CURRENT VS 3Y AVG
+4.31%
CURRENT VS 5Y AVG
+6.97%
CURRENT VS 10Y AVG
+6.97%
CURRENT VS 15Y AVG
+26.42%
CURRENT VS 20Y AVG
+36.96%
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 |
|---|---|
| 2026-04-24 | 22.01% |
| 2026-01-23 | 22.86% |
| 2025-10-24 | 22.39% |
| 2025-07-25 | 23.36% |
| 2025-04-30 | 3.95% |
| 2025-01-24 | 19.19% |
| 2024-10-25 | 16.94% |
| 2024-07-26 | 17.06% |
| 2024-04-30 | 23.42% |
| 2024-01-26 | 18.06% |
| 2023-10-27 | 26.03% |
| 2023-07-28 | 19.89% |
| 2023-04-30 | 21.97% |
| 2023-01-27 | 63.28% |
| 2022-10-28 | -145.90% |
| 2022-07-29 | 20.74% |
| 2022-04-30 | 4.78% |
| 2022-01-28 | 17.65% |
| 2021-10-29 | 20.00% |
| 2021-07-30 | 14.77% |
| 2021-04-30 | 23.39% |
| 2021-01-29 | 26.32% |
| 2020-10-30 | 21.71% |
| 2020-07-31 | 25.96% |
| 2020-04-30 | 21.60% |
| 2020-01-24 | -0.36% |
| 2019-10-25 | 18.73% |
| 2019-07-26 | 13.45% |
| 2019-04-30 | -3.13% |
| 2019-01-25 | 21.94% |
| 2018-10-26 | 17.75% |
| 2018-07-27 | -4.04% |
| 2018-04-30 | 10.56% |
| 2018-01-26 | 204.33% |
| 2017-10-27 | 22.22% |
| 2017-07-28 | 11.11% |
| 2017-04-30 | 23.39% |
| 2017-01-27 | 20.22% |
| 2016-10-28 | 23.24% |
| 2016-07-29 | 30.43% |
| 2016-04-30 | 113.33% |
| 2016-01-29 | 6.13% |
| 2015-10-30 | 20.83% |
| 2015-04-30 | 17.79% |
| 2015-01-23 | 11.64% |
| 2014-10-24 | 15.40% |
| 2014-07-25 | 44.65% |
| 2014-04-30 | 13.06% |
| 2014-01-24 | 16.33% |
| 2013-10-25 | 13.22% |
| 2013-07-26 | 11.59% |
| 2013-04-30 | 7.99% |
| 2013-01-25 | 10.07% |
| 2012-10-26 | 14.17% |
| 2012-07-27 | 14.02% |
| 2012-04-30 | 15.76% |
| 2012-01-27 | 18.58% |
| 2011-10-28 | 9.95% |
| 2011-07-29 | 16.52% |
| 2011-04-30 | 22.83% |
| 2011-01-28 | 9.35% |
| 2010-10-29 | 11.93% |
| 2010-07-30 | 10.03% |
| 2010-04-30 | 11.44% |
| 2010-01-29 | 8.50% |
| 2009-10-30 | 9.71% |
| 2009-07-31 | 12.72% |
| 2009-04-30 | -110.40% |
| 2008-10-24 | 6.48% |
| 2008-07-25 | 16.31% |
| 2008-04-30 | 21.95% |
| 2008-01-25 | 13.26% |
| 2007-10-26 | 23.08% |
| 2007-07-27 | 16.93% |
| 2007-04-30 | 2.60% |
| 2007-01-26 | 24.93% |
| 2006-10-27 | 20.24% |
| 2006-07-28 | 22.03% |
| 2006-04-30 | 40.67% |
| 2006-01-27 | 19.04% |
| 2005-10-28 | 15.53% |
| 2005-07-29 | 16.94% |
| 2005-04-30 | 18.81% |
| 2005-01-28 | 18.06% |
| 2004-10-29 | 18.14% |
| 2004-07-30 | 17.97% |
| 2004-04-30 | 21.64% |
| 2004-01-30 | 20.07% |
| 2003-10-31 | -26.55% |
| 2003-08-01 | 23.63% |
| 2003-04-30 | 19.24% |
| 2003-01-24 | 19.51% |
| 2002-10-25 | 25.00% |
| 2002-07-26 | 25.00% |