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 18.47% is 16% above its 5-year average of 15.91%, near the high end of its 5-year range (-13.10%–19.89%).
As of the fiscal period ended Friday, July 31, 2026. 49.92% above its 12-month average of 12.32%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
18.47%
TAX RATE AVG TTM
12.32%
TAX RATE AVG 3Y
15.26%
TAX RATE AVG 5Y
15.91%
TAX RATE AVG 10Y
14.11%
TAX RATE AVG 15Y
13.57%
TAX RATE AVG 20Y
13.52%
CURRENT VS TTM AVG
+49.92%
CURRENT VS 3Y AVG
+21.00%
CURRENT VS 5Y AVG
+16.05%
CURRENT VS 10Y AVG
+30.86%
CURRENT VS 15Y AVG
+36.08%
CURRENT VS 20Y AVG
+36.55%
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 |
|---|---|
| 2026-07-31 | 18.47% |
| 2026-04-30 | 16.91% |
| 2026-01-31 | 16.21% |
| 2025-10-31 | 1.81% |
| 2025-07-31 | 8.20% |
| 2025-04-30 | 17.31% |
| 2025-01-31 | 13.35% |
| 2024-10-31 | 12.47% |
| 2024-07-31 | 17.78% |
| 2024-04-30 | 17.65% |
| 2024-01-31 | 13.65% |
| 2023-10-31 | -13.10% |
| 2023-07-31 | 15.91% |
| 2023-04-30 | 19.89% |
| 2023-01-31 | 14.15% |
| 2022-10-31 | 19.12% |
| 2022-07-31 | 17.13% |
| 2022-04-30 | 17.72% |
| 2022-01-31 | 11.29% |
| 2021-10-31 | 1.34% |
| 2021-07-31 | 19.27% |
| 2021-04-30 | 20.88% |
| 2021-01-31 | 7.69% |
| 2020-10-31 | 21.55% |
| 2020-07-31 | 9.13% |
| 2020-04-30 | 16.53% |
| 2020-01-31 | 10.05% |
| 2019-10-31 | 16.02% |
| 2019-07-31 | 13.96% |
| 2019-04-30 | 16.51% |
| 2019-01-31 | -103.23% |
| 2018-10-31 | 20.08% |
| 2018-07-31 | 2.48% |
| 2018-04-30 | 9.69% |
| 2018-01-31 | 237.34% |
| 2017-10-31 | 21.68% |
| 2017-07-31 | 9.33% |
| 2017-04-30 | 14.14% |
| 2017-01-31 | 12.95% |
| 2016-10-31 | 16.56% |
| 2016-07-31 | 7.46% |
| 2016-04-30 | 22.22% |
| 2016-01-31 | 14.79% |
| 2015-10-31 | 2.10% |
| 2015-07-31 | 11.72% |
| 2015-04-30 | 4.17% |
| 2015-01-31 | 17.70% |
| 2014-07-31 | 25.88% |
| 2014-04-30 | 42.03% |
| 2014-01-31 | -24.74% |
| 2013-10-31 | 16.93% |
| 2013-07-31 | 20.75% |
| 2013-04-30 | 16.16% |
| 2013-01-31 | 8.21% |
| 2012-10-31 | -66.02% |
| 2012-07-31 | -2.10% |
| 2012-04-30 | 12.97% |
| 2012-01-31 | 10.16% |
| 2011-10-31 | 1.37% |
| 2011-07-31 | -17.44% |
| 2011-04-30 | 23.08% |
| 2011-01-31 | 2.53% |
| 2010-10-31 | -20.16% |
| 2010-07-31 | 9.69% |
| 2010-04-30 | 22.30% |
| 2010-01-31 | 4.82% |
| 2009-10-31 | 68.35% |
| 2009-01-31 | -137.04% |
| 2008-10-31 | 10.12% |
| 2008-07-31 | 21.40% |
| 2008-04-30 | 11.73% |
| 2008-01-31 | 18.37% |
| 2007-10-31 | 10.45% |
| 2007-07-31 | 2.63% |
| 2007-04-30 | 21.15% |
| 2007-01-31 | -21.95% |
| 2006-10-31 | 24.19% |
| 2006-07-31 | 4.38% |
| 2006-04-30 | 14.47% |
| 2006-01-31 | 29.03% |
| 2005-07-31 | 14.73% |
| 2005-04-30 | 21.67% |
| 2005-01-31 | 12.10% |
| 2004-10-31 | 22.92% |
| 2004-07-31 | 24.81% |
| 2004-04-30 | 18.75% |
| 2004-01-31 | 14.46% |
| 2003-10-31 | 83.12% |
