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 23.94% is 10% above its 5-year average of 21.68%, around the middle of its 5-year range (15.24%–30.09%).
As of the fiscal period ended Thursday, April 30, 2026. 17.55% above its 12-month average of 20.37%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.94%
TAX RATE AVG TTM
20.37%
TAX RATE AVG 3Y
20.67%
TAX RATE AVG 5Y
21.26%
TAX RATE AVG 10Y
21.59%
TAX RATE AVG 15Y
24.79%
TAX RATE AVG 20Y
26.55%
CURRENT VS TTM AVG
+17.55%
CURRENT VS 3Y AVG
+15.82%
CURRENT VS 5Y AVG
+12.63%
CURRENT VS 10Y AVG
+10.89%
CURRENT VS 15Y AVG
-3.40%
CURRENT VS 20Y AVG
-9.83%
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 |
|---|---|
| 2026-04-30 | 23.94% |
| 2026-01-31 | 15.24% |
| 2025-10-31 | 19.71% |
| 2025-07-31 | 22.73% |
| 2025-04-30 | 20.22% |
| 2025-01-31 | 18.67% |
| 2024-10-31 | 17.57% |
| 2024-07-31 | 22.92% |
| 2024-04-30 | 23.34% |
| 2024-01-31 | 16.67% |
| 2023-10-31 | 21.94% |
| 2023-07-31 | 22.74% |
| 2023-04-30 | 23.05% |
| 2023-01-31 | 19.35% |
| 2022-10-31 | 23.83% |
| 2022-07-31 | 23.62% |
| 2022-04-30 | 30.09% |
| 2022-01-31 | 21.04% |
| 2021-10-31 | 21.59% |
| 2021-07-31 | 28.62% |
| 2021-04-30 | 18.37% |
| 2021-01-31 | 15.44% |
| 2020-10-31 | 22.33% |
| 2020-07-31 | 11.48% |
| 2020-04-30 | 22.89% |
| 2020-01-31 | 18.66% |
| 2019-10-31 | 14.80% |
| 2019-07-31 | 18.42% |
| 2019-04-30 | 22.82% |
| 2019-01-31 | 20.07% |
| 2018-10-31 | 19.68% |
| 2018-07-31 | 17.36% |
| 2018-04-30 | 14.06% |
| 2018-01-31 | 34.26% |
| 2017-10-31 | 27.79% |
| 2017-07-31 | 22.27% |
| 2017-04-30 | 26.90% |
| 2017-01-31 | 29.46% |
| 2016-10-31 | 28.62% |
| 2016-07-31 | 28.36% |
| 2016-04-30 | 26.99% |
| 2016-01-31 | 28.57% |
| 2015-10-31 | 31.03% |
| 2015-07-31 | 28.44% |
| 2015-04-30 | 38.05% |
| 2015-01-31 | 30.08% |
| 2014-10-31 | 29.73% |
| 2014-07-31 | 29.91% |
| 2014-04-30 | 27.47% |
| 2014-01-31 | 28.92% |
| 2013-10-31 | 32.46% |
| 2013-07-31 | 32.23% |
| 2013-04-30 | 29.81% |
| 2013-01-31 | 31.30% |
| 2012-10-31 | 32.82% |
| 2012-07-31 | 32.06% |
| 2012-04-30 | 27.16% |
| 2012-01-31 | 33.08% |
| 2011-10-31 | 34.11% |
| 2011-07-31 | 33.95% |
| 2011-04-30 | 22.87% |
| 2011-01-31 | 35.64% |
| 2010-10-31 | 32.72% |
| 2010-07-31 | 33.09% |
| 2010-04-30 | 35.38% |
| 2010-01-31 | 35.31% |
| 2009-10-31 | 32.49% |
| 2009-07-31 | 34.34% |
| 2009-04-30 | 29.59% |
| 2009-01-31 | 27.03% |
| 2008-10-31 | 33.02% |
| 2008-07-31 | 33.73% |
| 2008-04-30 | 21.69% |
| 2008-01-31 | 32.81% |
| 2007-10-31 | 35.38% |
| 2007-07-31 | 33.89% |
| 2007-04-30 | 29.27% |
| 2007-01-31 | 32.89% |
| 2006-10-31 | 31.02% |
| 2006-07-31 | 33.00% |
| 2006-04-30 | 26.58% |
| 2006-01-31 | 27.47% |
| 2005-10-31 | 29.45% |
| 2005-07-31 | 33.33% |
| 2005-04-30 | 25.94% |
| 2005-01-31 | 42.18% |
| 2004-10-31 | 33.51% |
| 2004-07-31 | 33.46% |
| 2004-04-30 | 31.81% |
| 2004-01-31 | 34.02% |
| 2003-10-31 | 34.03% |
| 2003-07-31 | 33.97% |
| 2003-04-30 | 34.35% |
| 2003-01-31 | 33.96% |
| 2002-10-31 | 34.49% |
| 2002-07-31 | 34.48% |
