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 20.62% is in line with its 5-year average of 20.54%, near the high end of its 5-year range (11.53%–23.15%).
As of the fiscal period ended Saturday, April 4, 2026. 2.07% above its 12-month average of 20.20%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
20.62%
TAX RATE AVG TTM
20.20%
TAX RATE AVG 3Y
21.26%
TAX RATE AVG 5Y
21.78%
TAX RATE AVG 10Y
22.54%
TAX RATE AVG 15Y
24.94%
TAX RATE AVG 20Y
26.41%
CURRENT VS TTM AVG
+2.07%
CURRENT VS 3Y AVG
-3.02%
CURRENT VS 5Y AVG
-5.31%
CURRENT VS 10Y AVG
-8.50%
CURRENT VS 15Y AVG
-17.32%
CURRENT VS 20Y AVG
-21.91%
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 |
|---|---|
| 2026-04-04 | 20.62% |
| 2025-12-31 | 15.57% |
| 2025-10-04 | 22.65% |
| 2025-07-05 | 21.47% |
| 2025-04-05 | 20.70% |
| 2024-12-31 | 11.53% |
| 2024-09-28 | 22.01% |
| 2024-06-29 | 20.71% |
| 2024-03-30 | 21.75% |
| 2023-12-31 | 19.04% |
| 2023-09-30 | 21.11% |
| 2023-07-01 | 22.57% |
| 2023-04-01 | 22.87% |
| 2022-12-31 | 13.51% |
| 2022-10-01 | 22.55% |
| 2022-07-02 | 21.86% |
| 2022-04-02 | 23.15% |
| 2021-12-31 | 22.20% |
| 2021-10-02 | 22.51% |
| 2021-07-03 | 22.43% |
| 2021-04-03 | 23.93% |
| 2020-12-31 | -95.56% |
| 2020-10-03 | 23.34% |
| 2020-07-04 | 26.46% |
| 2020-04-04 | 62.83% |
| 2019-12-31 | 24.67% |
| 2019-09-28 | 22.81% |
| 2019-06-29 | 22.88% |
| 2019-03-30 | 23.03% |
| 2018-12-31 | 22.37% |
| 2018-09-29 | 23.44% |
| 2018-06-30 | 21.90% |
| 2018-03-31 | 26.32% |
| 2017-12-31 | -22.61% |
| 2017-09-30 | 29.98% |
| 2017-07-01 | 32.75% |
| 2017-04-01 | 31.21% |
| 2016-12-31 | 22.18% |
| 2016-10-01 | 27.22% |
| 2016-07-02 | 28.87% |
| 2016-04-02 | 21.86% |
| 2015-12-31 | 177.60% |
| 2015-10-03 | 24.43% |
| 2015-07-04 | 26.31% |
| 2015-04-04 | 29.19% |
| 2014-12-31 | 30.26% |
| 2014-10-04 | 32.13% |
| 2014-07-05 | 30.98% |
| 2014-04-05 | 37.50% |
| 2013-12-31 | 19.74% |
| 2013-09-28 | 28.24% |
| 2013-06-29 | 30.24% |
| 2013-03-30 | 27.78% |
| 2012-12-31 | 27.13% |
| 2012-09-29 | 32.27% |
| 2012-06-30 | 35.44% |
| 2012-03-31 | 27.39% |
| 2011-12-31 | 29.40% |
| 2011-10-01 | 29.59% |
| 2011-07-02 | 32.62% |
| 2011-04-02 | 31.97% |
| 2010-10-02 | 13.76% |
| 2010-07-03 | 31.72% |
| 2010-04-03 | 35.67% |
| 2009-12-31 | 3.98% |
| 2008-12-31 | 29.12% |
| 2008-09-27 | 33.45% |
| 2008-06-28 | 30.64% |
| 2008-03-29 | 29.82% |
| 2007-12-31 | 33.24% |
| 2007-09-29 | 34.77% |
| 2007-06-30 | 35.27% |
| 2007-03-31 | 35.38% |
| 2006-12-31 | 33.66% |
| 2006-09-30 | 34.67% |
| 2006-07-01 | 35.04% |
| 2006-04-01 | 35.46% |
| 2005-12-31 | 34.39% |
| 2005-10-01 | 34.65% |
| 2005-07-02 | 35.39% |
| 2005-04-02 | 35.57% |
| 2004-12-31 | 34.70% |
| 2004-10-02 | 34.62% |
| 2004-07-03 | 36.55% |
| 2004-04-03 | 35.95% |
| 2003-12-31 | -29.92% |
| 2003-10-04 | 15.34% |
| 2003-07-05 | 11.17% |
| 2003-04-05 | 21.49% |
| 2002-12-31 | 10.76% |
| 2002-09-28 | 34.57% |
| 2002-06-29 | 35.04% |
