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 23.44% is in line with its 5-year average of 23.01%, near the high end of its 5-year range (-6.39%–25.84%).
As of the fiscal period ended Saturday, June 27, 2026. 0.06% below its 12-month average of 23.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.44%
TAX RATE AVG TTM
23.45%
TAX RATE AVG 3Y
23.65%
TAX RATE AVG 5Y
23.01%
TAX RATE AVG 10Y
22.33%
TAX RATE AVG 15Y
28.10%
TAX RATE AVG 20Y
30.73%
CURRENT VS TTM AVG
-0.06%
CURRENT VS 3Y AVG
-0.90%
CURRENT VS 5Y AVG
+1.85%
CURRENT VS 10Y AVG
+4.96%
CURRENT VS 15Y AVG
-16.59%
CURRENT VS 20Y AVG
-23.72%
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 | 23.44% |
| 2026-03-28 | 23.60% |
| 2025-12-27 | 23.73% |
| 2025-09-27 | 20.67% |
| 2025-06-28 | 25.84% |
| 2025-03-29 | 23.33% |
| 2024-12-28 | 23.83% |
| 2024-09-28 | 23.68% |
| 2024-06-29 | 23.87% |
| 2024-03-31 | 23.32% |
| 2023-12-30 | 23.85% |
| 2023-09-30 | 24.13% |
| 2023-06-30 | 23.40% |
| 2023-04-01 | 22.46% |
| 2022-12-31 | 20.88% |
| 2022-10-01 | 21.74% |
| 2022-06-30 | 20.55% |
| 2022-04-02 | 21.31% |
| 2022-01-01 | 21.27% |
| 2021-10-02 | 25.40% |
| 2021-06-30 | -6.39% |
| 2021-03-27 | 13.54% |
| 2020-12-26 | 17.05% |
| 2020-09-26 | 16.17% |
| 2019-12-28 | 19.54% |
| 2019-09-28 | 22.01% |
| 2019-06-30 | 21.48% |
| 2019-03-30 | -2.12% |
| 2018-12-29 | 24.59% |
| 2018-09-29 | 19.88% |
| 2018-06-30 | 24.32% |
| 2018-03-31 | 9.54% |
| 2017-12-30 | 37.11% |
| 2017-09-30 | 32.72% |
| 2017-06-30 | 36.89% |
| 2017-04-01 | 33.77% |
| 2016-12-31 | 34.87% |
| 2016-10-01 | 35.28% |
| 2016-06-30 | 34.89% |
| 2016-03-26 | 33.57% |
| 2015-12-26 | 30.71% |
| 2015-09-26 | 35.98% |
| 2015-06-30 | -6.22% |
| 2015-03-28 | 33.56% |
| 2014-12-27 | 33.12% |
| 2014-09-27 | 36.18% |
| 2014-06-30 | 36.54% |
| 2014-03-29 | 39.01% |
| 2013-12-28 | 35.37% |
| 2013-09-28 | 36.84% |
| 2013-06-30 | 35.45% |
| 2013-03-30 | 34.26% |
| 2012-12-29 | 37.14% |
| 2012-09-29 | 36.37% |
| 2012-06-30 | 36.81% |
| 2012-03-31 | 37.12% |
| 2011-12-31 | 37.81% |
| 2011-10-01 | 36.90% |
| 2011-06-30 | 37.13% |
| 2011-04-02 | 36.25% |
| 2011-01-01 | 37.07% |
| 2010-10-02 | 37.28% |
| 2010-06-30 | 38.44% |
| 2010-03-27 | 38.61% |
| 2009-12-26 | 37.88% |
| 2009-09-26 | 29.93% |
| 2009-06-30 | 38.22% |
| 2009-03-28 | 40.58% |
| 2008-12-27 | 40.39% |
| 2008-09-27 | 42.47% |
| 2008-06-30 | 37.60% |
| 2008-03-29 | 39.19% |
| 2007-12-29 | 38.35% |
| 2007-09-29 | 38.10% |
| 2007-06-30 | 37.67% |
| 2007-03-31 | 38.78% |
| 2006-12-30 | 38.04% |
| 2006-09-30 | 38.73% |
| 2006-06-30 | 37.93% |
| 2006-04-01 | 39.92% |
| 2005-12-31 | 39.56% |
| 2005-09-30 | 40.34% |
| 2005-06-30 | 36.35% |
| 2005-04-02 | 34.97% |
| 2005-01-01 | 38.25% |
| 2004-10-02 | 38.25% |
| 2004-06-30 | 38.50% |
| 2004-03-27 | 38.50% |
| 2003-12-27 | 38.50% |
| 2003-09-27 | 38.50% |
| 2003-06-30 | 38.25% |
| 2003-03-29 | 38.25% |
| 2002-12-28 | 38.25% |
| 2002-09-28 | 38.25% |
