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 12.15% is 21% below its 4-year average of 15.34%, near the high end of its 4-year range (-144.66%–43.93%).
As of the fiscal period ended Saturday, February 28, 2026. 44.15% below its 12-month average of 21.75%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
12.15%
TAX RATE AVG TTM
21.75%
TAX RATE AVG 3Y
24.34%
TAX RATE AVG 5Y
24.56%
TAX RATE AVG 10Y
24.05%
TAX RATE AVG 15Y
29.12%
TAX RATE AVG 20Y
30.73%
CURRENT VS TTM AVG
-44.15%
CURRENT VS 3Y AVG
-50.10%
CURRENT VS 5Y AVG
-50.54%
CURRENT VS 10Y AVG
-49.49%
CURRENT VS 15Y AVG
-58.28%
CURRENT VS 20Y AVG
-60.47%
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 |
|---|---|
| 2026-02-28 | 12.15% |
| 2025-11-29 | 24.36% |
| 2025-08-30 | 24.37% |
| 2025-05-31 | 24.51% |
| 2025-03-01 | 23.36% |
| 2024-11-30 | 24.43% |
| 2024-08-31 | 24.43% |
| 2024-05-31 | 25.68% |
| 2024-03-02 | 20.95% |
| 2023-12-02 | 25.05% |
| 2023-09-02 | 43.93% |
| 2023-05-31 | 24.25% |
| 2023-02-25 | 24.03% |
| 2022-11-26 | 24.39% |
| 2022-08-27 | 24.38% |
| 2022-05-31 | 24.93% |
| 2022-02-26 | 25.63% |
| 2021-11-27 | -144.66% |
| 2021-02-27 | -14.50% |
| 2020-11-28 | 23.64% |
| 2020-05-31 | 22.03% |
| 2020-02-29 | 23.70% |
| 2019-03-02 | 25.46% |
| 2018-12-01 | 23.52% |
| 2018-09-01 | 22.74% |
| 2018-05-31 | 23.21% |
| 2018-03-03 | -9.43% |
| 2017-02-25 | 0.82% |
| 2016-05-31 | 127.62% |
| 2016-02-27 | 34.02% |
| 2015-11-28 | 34.58% |
| 2015-08-29 | 34.70% |
| 2015-05-31 | 34.06% |
| 2015-02-28 | 33.88% |
| 2014-11-29 | 34.77% |
| 2014-08-30 | 34.13% |
| 2014-05-31 | 34.69% |
| 2014-03-01 | 26.69% |
| 2013-11-30 | 35.85% |
| 2013-08-31 | 35.43% |
| 2013-03-02 | 33.42% |
| 2012-12-01 | 36.02% |
| 2012-09-01 | 35.24% |
| 2012-05-31 | 35.26% |
| 2012-02-25 | 35.22% |
| 2011-11-26 | 35.48% |
| 2011-08-27 | 35.47% |
| 2011-05-31 | 47.92% |
| 2011-02-26 | 33.79% |
| 2010-11-27 | 36.66% |
| 2010-08-28 | 35.72% |
| 2010-05-31 | 35.64% |
| 2010-02-27 | 36.38% |
| 2009-11-28 | 36.71% |
| 2009-05-31 | 33.19% |
| 2009-02-28 | 32.98% |
| 2008-11-29 | 35.34% |
| 2008-08-30 | 35.84% |
| 2008-05-31 | 33.42% |
| 2008-03-01 | 34.94% |
| 2007-12-01 | 34.57% |
| 2007-09-01 | 34.00% |
| 2007-05-31 | 32.55% |
| 2007-03-03 | 36.94% |
| 2006-12-02 | 33.02% |
| 2006-05-31 | 112.17% |
| 2006-02-25 | 19.46% |
| 2005-02-26 | 41.39% |
| 2004-05-31 | 41.19% |
| 2004-02-28 | 36.00% |
| 2003-11-29 | 36.00% |
| 2003-08-30 | 36.30% |
| 2003-05-31 | 36.00% |
| 2003-03-01 | 36.30% |
| 2002-11-30 | 35.53% |
