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 24.19% is in line with its 5-year average of 23.57%, around the middle of its 5-year range (18.44%–30.14%).
As of the fiscal period ended Sunday, May 31, 2026. 4.81% below its 12-month average of 25.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.19%
TAX RATE AVG TTM
25.41%
TAX RATE AVG 3Y
24.05%
TAX RATE AVG 5Y
23.57%
TAX RATE AVG 10Y
23.30%
TAX RATE AVG 15Y
24.28%
TAX RATE AVG 20Y
25.43%
CURRENT VS TTM AVG
-4.81%
CURRENT VS 3Y AVG
+0.58%
CURRENT VS 5Y AVG
+2.62%
CURRENT VS 10Y AVG
+3.81%
CURRENT VS 15Y AVG
-0.36%
CURRENT VS 20Y AVG
-4.88%
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 |
|---|---|
| 2026-05-31 | 24.19% |
| 2026-02-28 | 24.31% |
| 2025-11-30 | 24.46% |
| 2025-08-31 | 30.14% |
| 2025-05-31 | 23.96% |
| 2025-02-28 | 20.37% |
| 2024-11-30 | 21.62% |
| 2024-08-31 | 26.32% |
| 2024-05-31 | 25.36% |
| 2024-02-29 | 18.44% |
| 2023-11-30 | 23.19% |
| 2023-08-31 | 28.12% |
| 2023-05-31 | 22.17% |
| 2023-02-28 | 20.35% |
| 2022-11-30 | 23.27% |
| 2022-08-31 | 24.61% |
| 2022-05-31 | 27.07% |
| 2022-02-28 | 19.16% |
| 2021-11-30 | 24.37% |
| 2021-08-31 | 25.05% |
| 2021-05-31 | 25.04% |
| 2021-02-28 | 17.08% |
| 2020-11-30 | 23.39% |
| 2020-08-31 | 26.80% |
| 2020-05-31 | 25.47% |
| 2020-02-29 | 17.06% |
| 2019-11-30 | 23.63% |
| 2019-08-31 | 26.60% |
| 2019-05-31 | 25.56% |
| 2019-02-28 | 17.11% |
| 2018-11-30 | 19.82% |
| 2018-08-31 | 28.03% |
| 2018-05-31 | 34.38% |
| 2018-02-28 | 26.13% |
| 2017-11-30 | 20.45% |
| 2017-08-31 | 23.90% |
| 2017-05-31 | 19.40% |
| 2017-02-28 | 20.68% |
| 2016-11-30 | 20.39% |
| 2016-08-31 | 22.49% |
| 2016-05-31 | 26.55% |
| 2016-02-29 | 13.73% |
| 2015-11-30 | 29.28% |
| 2015-08-31 | 27.12% |
| 2015-05-31 | 24.90% |
| 2015-02-28 | 26.05% |
| 2014-11-30 | 25.15% |
| 2014-08-31 | 30.14% |
| 2014-05-31 | 25.01% |
| 2014-02-28 | 23.98% |
| 2013-11-30 | 25.10% |
| 2013-08-31 | 24.62% |
| 2013-05-31 | 23.77% |
| 2013-02-28 | -0.49% |
| 2012-11-30 | 26.80% |
| 2012-08-31 | 32.76% |
| 2012-05-31 | 28.47% |
| 2012-02-29 | 20.52% |
| 2011-11-30 | 28.32% |
| 2011-08-31 | 27.00% |
| 2011-05-31 | 27.02% |
| 2011-02-28 | 26.92% |
| 2010-11-30 | 28.31% |
| 2010-08-31 | 28.79% |
| 2010-05-31 | 29.85% |
| 2010-02-28 | 27.76% |
| 2009-11-30 | 30.50% |
| 2009-08-31 | 27.58% |
| 2009-05-31 | 28.25% |
| 2009-02-28 | 28.12% |
| 2008-11-30 | 26.63% |
| 2008-08-31 | 31.80% |
| 2008-05-31 | 30.79% |
| 2008-02-29 | 17.82% |
| 2007-11-30 | 34.64% |
| 2007-08-31 | 36.98% |
| 2007-05-31 | 33.26% |
| 2007-02-28 | 29.37% |
| 2006-11-30 | 36.70% |
| 2006-08-31 | 4.52% |
| 2006-05-31 | 29.93% |
| 2006-02-28 | 35.71% |
| 2005-11-30 | 37.40% |
| 2005-08-31 | 33.13% |
| 2005-05-31 | 29.40% |
| 2005-02-28 | 30.62% |
| 2004-11-30 | 34.00% |
| 2004-08-31 | 21.63% |
| 2004-05-31 | 34.80% |
| 2004-02-29 | 34.80% |
| 2003-11-30 | 34.80% |
| 2003-08-31 | 14.42% |
| 2003-05-31 | 50.64% |
| 2003-02-28 | 38.00% |
| 2002-11-30 | 38.00% |
| 2002-08-31 | 41.66% |
