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 18.92% is 1085% above its 5-year average of 1.60%, near the high end of its 5-year range (-664.14%–18.92%).
As of the fiscal period ended Friday, August 30, 2024. 111.74% above its 12-month average of -161.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2025 (2024-08-30): 18.92%.
TAX RATE
18.92%
TAX RATE AVG TTM
-161.14%
TAX RATE AVG 3Y
1.30%
TAX RATE AVG 5Y
1.60%
TAX RATE AVG 10Y
2.33%
TAX RATE AVG 15Y
2.11%
TAX RATE AVG 20Y
2.23%
CURRENT VS TTM AVG
+111.74%
CURRENT VS 3Y AVG
+1353.32%
CURRENT VS 5Y AVG
+1084.84%
CURRENT VS 10Y AVG
+713.59%
CURRENT VS 15Y AVG
+796.52%
CURRENT VS 20Y AVG
+747.26%
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 |
|---|---|
| 2024-08-30 | 18.92% |
| 2024-05-31 | -664.14% |
| 2023-11-30 | 0.33% |
| 2023-08-31 | 0.34% |
| 2023-05-31 | 0.18% |
| 2023-02-28 | 0.41% |
| 2022-11-30 | 0.48% |
| 2022-08-31 | 2.32% |
| 2022-05-31 | 0.17% |
| 2022-02-28 | 1.06% |
| 2021-11-30 | 4.53% |
| 2021-08-31 | 3.20% |
| 2021-05-31 | 0.00% |
| 2020-02-29 | 5.41% |
| 2019-11-30 | 2.33% |
| 2019-05-31 | 5.17% |
| 2018-05-31 | 4.02% |
| 2018-02-28 | -51.70% |
| 2017-11-30 | 20.00% |
| 2017-08-31 | -100.00% |
| 2015-08-31 | 7.26% |
| 2014-05-31 | -4.37% |
| 2014-02-28 | 9.40% |
| 2013-11-30 | 1.44% |
| 2011-08-31 | -27.84% |
| 2010-02-28 | 0.32% |
| 2009-08-31 | 0.31% |
| 2008-11-30 | 46.04% |
| 2008-08-31 | 38.70% |
| 2008-05-31 | -258.04% |
| 2008-02-29 | -7.24% |
| 2007-11-30 | 12.72% |
| 2007-08-31 | 1.89% |
| 2007-05-31 | 4.47% |
| 2007-02-28 | 1.49% |
| 2006-11-30 | 2.28% |
| 2006-08-31 | 2.11% |
| 2006-05-31 | -14.29% |
| 2006-02-28 | 3.74% |
| 2005-11-30 | 19.02% |
