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 22.70% is in line with its 5-year average of 22.80%, around the middle of its 5-year range (18.57%–26.88%).
As of the fiscal period ended Saturday, August 1, 2026. 0.85% above its 12-month average of 22.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2026 (2026-08-01): 22.70%.
TAX RATE
22.70%
TAX RATE AVG TTM
22.51%
TAX RATE AVG 3Y
22.77%
TAX RATE AVG 5Y
22.80%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+0.85%
CURRENT VS 3Y AVG
-0.28%
CURRENT VS 5Y AVG
-0.41%
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 |
|---|---|
| 2026-08-01 | 22.70% |
| 2026-05-02 | 23.50% |
| 2026-01-31 | 18.57% |
| 2025-11-01 | 23.89% |
| 2025-08-02 | 23.90% |
| 2025-05-03 | 26.88% |
| 2025-01-31 | 19.16% |
| 2024-11-02 | 25.88% |
| 2024-08-03 | 23.56% |
| 2024-05-04 | 21.70% |
| 2024-01-31 | 20.40% |
| 2023-10-28 | 23.06% |
| 2023-07-29 | 22.73% |
| 2023-04-29 | 20.82% |
| 2023-01-31 | 23.52% |
| 2022-10-29 | 22.46% |
| 2022-07-30 | 23.57% |
| 2022-04-30 | 23.28% |
| 2022-01-31 | 24.76% |
| 2021-10-30 | 21.43% |
| 2021-07-31 | 20.92% |
| 2021-05-01 | 20.95% |
| 2021-01-31 | 24.71% |
| 2020-10-31 | -2.04% |
| 2020-07-31 | 0.60% |
| 2020-01-31 | 4.84% |
| 2019-10-31 | 1.74% |
| 2019-07-31 | 1.78% |
| 2019-05-04 | 2.04% |