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 22.01% is in line with its 5-year average of 23.55%, around the middle of its 5-year range (18.52%–29.96%).
As of the fiscal period ended Sunday, May 3, 2026. 4.60% below its 12-month average of 23.07%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.01%
TAX RATE AVG TTM
23.07%
TAX RATE AVG 3Y
24.13%
TAX RATE AVG 5Y
23.47%
TAX RATE AVG 10Y
24.21%
TAX RATE AVG 15Y
27.04%
TAX RATE AVG 20Y
28.23%
CURRENT VS TTM AVG
-4.60%
CURRENT VS 3Y AVG
-8.78%
CURRENT VS 5Y AVG
-6.21%
CURRENT VS 10Y AVG
-9.07%
CURRENT VS 15Y AVG
-18.59%
CURRENT VS 20Y AVG
-22.02%
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 |
|---|---|
| 2026-05-03 | 22.01% |
| 2026-02-01 | 24.87% |
| 2025-11-02 | 24.22% |
| 2025-08-03 | 21.20% |
| 2025-04-27 | 18.52% |
| 2025-01-26 | 29.96% |
| 2024-10-27 | 23.24% |
| 2024-04-28 | 26.92% |
| 2024-01-28 | 25.09% |
| 2023-10-29 | 24.52% |
| 2023-07-31 | 24.89% |
| 2023-04-30 | 23.08% |
| 2023-01-29 | 23.93% |
| 2022-10-30 | 23.85% |
| 2022-07-31 | 23.20% |
| 2022-05-01 | 22.95% |
| 2022-01-30 | 23.47% |
| 2021-10-31 | 20.67% |
| 2021-07-31 | 20.88% |
| 2021-05-02 | 24.20% |
| 2021-01-31 | 29.39% |
| 2020-11-01 | 23.89% |
| 2020-07-31 | 19.63% |
| 2020-04-26 | 23.85% |
| 2020-01-26 | 16.18% |
| 2019-10-27 | 28.69% |
| 2019-04-28 | 21.15% |
| 2019-01-27 | 24.79% |
| 2018-10-28 | 23.73% |
| 2018-07-31 | 52.04% |
| 2018-04-29 | 37.07% |
| 2018-01-28 | -35.07% |
| 2017-10-29 | 28.01% |
| 2017-07-31 | 23.74% |
| 2017-04-30 | 34.81% |
| 2017-01-29 | 42.94% |
| 2016-10-30 | 31.93% |
| 2016-05-01 | 22.92% |
| 2016-01-31 | 31.52% |
| 2015-11-01 | 32.40% |
| 2015-07-31 | 32.67% |
| 2015-05-03 | 30.35% |
| 2015-02-01 | 28.85% |
| 2014-11-02 | 31.87% |
| 2014-07-31 | 33.82% |
| 2014-04-27 | 30.15% |
| 2014-01-26 | 31.33% |
| 2013-10-27 | 34.55% |
| 2013-07-31 | 22.83% |
| 2013-04-28 | 26.11% |
| 2013-01-27 | 31.71% |
| 2012-10-28 | 31.34% |
| 2012-07-31 | 29.78% |
| 2012-04-29 | 26.16% |
| 2012-01-29 | 33.66% |
| 2011-10-30 | 32.22% |
| 2011-07-31 | 31.47% |
| 2011-05-01 | 34.28% |
| 2011-01-30 | 27.13% |
| 2010-10-31 | 32.61% |
| 2010-07-31 | 29.81% |
| 2010-05-02 | 36.60% |
| 2010-01-31 | 29.04% |
| 2009-11-01 | 32.59% |
| 2009-07-31 | 43.44% |
| 2009-05-03 | 33.08% |
| 2009-02-01 | 30.61% |
| 2008-11-02 | 29.16% |
| 2008-07-31 | 40.67% |
| 2008-04-27 | -20.00% |
| 2008-01-27 | 27.37% |
| 2007-10-28 | 30.57% |
| 2007-07-31 | 42.39% |
| 2007-04-29 | 13.22% |
| 2007-01-28 | 28.81% |
| 2006-10-29 | 32.24% |
| 2006-07-31 | -3.13% |
| 2006-04-30 | 29.81% |
| 2006-01-29 | 29.71% |
| 2005-10-30 | 19.44% |
| 2005-07-31 | 28.89% |
| 2005-05-01 | 31.78% |
| 2005-01-30 | 31.69% |
| 2004-10-31 | 31.75% |
| 2004-07-31 | 31.40% |
| 2004-05-02 | 30.05% |
| 2004-02-01 | 32.28% |
| 2003-11-02 | 32.15% |
| 2003-07-31 | 32.73% |
| 2003-04-27 | 32.11% |
| 2003-01-26 | 31.86% |
| 2002-10-27 | 32.63% |
| 2002-07-31 | 34.52% |