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 32.40% is 40% below its 4-year average of 53.56%, near the low end of its 4-year range (-0.73%–215.12%).
As of the fiscal period ended Saturday, June 27, 2026. 7.08% below its 12-month average of 34.87%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-06-27): 32.40%.
TAX RATE
32.40%
TAX RATE AVG TTM
34.87%
TAX RATE AVG 3Y
29.32%
TAX RATE AVG 5Y
53.56%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-7.08%
CURRENT VS 3Y AVG
+10.50%
CURRENT VS 5Y AVG
-39.51%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 |
|---|---|
| 2026-06-27 | 32.40% |
| 2025-09-27 | 47.91% |
| 2025-06-28 | 24.30% |
| 2024-09-28 | -0.73% |
| 2024-06-29 | 3.22% |
| 2023-09-30 | 52.08% |
| 2023-07-01 | 46.08% |
| 2022-10-01 | 43.41% |
| 2022-07-02 | 71.85% |
| 2022-04-02 | 215.12% |
| 2021-04-03 | 25.25% |
| 2020-09-30 | 24.67% |
| 2020-06-30 | 24.96% |