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 28.04% is 12% above its 5-year average of 25.11%, near the high end of its 5-year range (7.20%–28.71%).
As of the fiscal period ended Saturday, August 1, 2026. 1.43% above its 12-month average of 27.65%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.04%
TAX RATE AVG TTM
27.65%
TAX RATE AVG 3Y
25.39%
TAX RATE AVG 5Y
25.11%
TAX RATE AVG 10Y
25.45%
TAX RATE AVG 15Y
30.69%
TAX RATE AVG 20Y
32.80%
CURRENT VS TTM AVG
+1.43%
CURRENT VS 3Y AVG
+10.45%
CURRENT VS 5Y AVG
+11.68%
CURRENT VS 10Y AVG
+10.20%
CURRENT VS 15Y AVG
-8.62%
CURRENT VS 20Y AVG
-14.49%
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 | 28.04% |
| 2026-05-02 | 28.34% |
| 2026-01-31 | 28.71% |
| 2025-11-01 | 27.96% |
| 2025-08-02 | 25.19% |
| 2025-05-03 | 23.99% |
| 2025-01-31 | 24.49% |
| 2024-11-02 | 23.31% |
| 2024-08-03 | 24.90% |
| 2024-05-04 | 19.59% |
| 2024-01-31 | 25.02% |
| 2023-10-28 | 25.14% |
| 2023-07-29 | 25.02% |
| 2023-04-29 | 7.20% |
| 2023-01-31 | 26.46% |
| 2022-10-29 | 24.89% |
| 2022-07-30 | 25.47% |
| 2022-04-30 | 21.48% |
| 2022-01-31 | 24.81% |
| 2021-10-30 | 22.39% |
| 2021-07-31 | 24.53% |
| 2021-05-01 | 22.99% |
| 2021-01-31 | 24.59% |
| 2020-10-31 | 25.25% |
| 2020-08-01 | 29.23% |
| 2020-01-31 | 30.04% |
| 2019-11-02 | 25.36% |
| 2019-08-03 | 25.49% |
| 2019-05-04 | 27.85% |
| 2019-01-31 | 24.74% |
| 2018-11-03 | 24.64% |
| 2018-08-04 | 26.14% |
| 2018-05-05 | 28.29% |
| 2018-01-31 | 35.68% |
| 2017-10-28 | 36.28% |
| 2017-07-29 | 34.45% |
| 2017-04-29 | 36.53% |
| 2017-01-31 | 36.94% |
| 2016-10-29 | 35.87% |
| 2016-07-30 | 38.01% |
| 2016-04-30 | 37.94% |
| 2016-01-31 | 37.14% |
| 2015-10-31 | 36.90% |
| 2015-08-01 | 38.38% |
| 2015-05-02 | 38.75% |
| 2015-01-31 | 37.74% |
| 2014-11-01 | 38.14% |
| 2014-08-02 | 38.42% |
| 2014-05-03 | 38.53% |
| 2014-01-31 | 38.04% |
| 2013-11-02 | 38.37% |
| 2013-08-03 | 39.06% |
| 2013-05-04 | 37.16% |
| 2013-01-31 | 38.80% |
| 2012-10-27 | 39.19% |
| 2012-07-28 | 46.98% |
| 2012-04-28 | 39.29% |
| 2012-01-31 | 38.94% |
| 2011-10-29 | 37.57% |
| 2011-07-30 | 39.27% |
| 2011-04-30 | 39.58% |
| 2011-01-31 | 39.06% |
| 2010-10-30 | 34.81% |
| 2010-07-31 | 38.61% |
| 2010-05-01 | 40.67% |
| 2010-01-31 | 40.14% |
| 2009-10-31 | 40.30% |
| 2009-08-01 | 38.93% |
| 2009-05-02 | 33.31% |
| 2008-11-01 | 38.08% |
| 2008-08-02 | 43.68% |
| 2008-05-03 | 42.90% |
| 2008-01-31 | 39.98% |
| 2007-11-03 | 38.70% |
| 2007-08-04 | 39.76% |
| 2007-05-05 | 39.86% |
| 2007-01-31 | 40.00% |
| 2006-10-28 | 40.00% |
| 2006-07-29 | 40.00% |
| 2006-04-29 | 40.00% |
| 2006-01-31 | 40.00% |
| 2005-10-29 | 40.00% |
| 2005-07-30 | 40.00% |
| 2005-01-31 | 40.00% |
| 2004-07-31 | 40.00% |
| 2004-05-01 | 40.00% |
| 2004-01-31 | 40.00% |
| 2003-11-01 | 40.00% |
| 2003-08-02 | 40.00% |
| 2003-05-03 | 40.00% |
| 2003-01-31 | 40.00% |
| 2002-11-02 | 39.99% |