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 26.69% is 12% above its 5-year average of 23.85%, near the high end of its 5-year range (-2.96%–28.59%).
As of the fiscal period ended Sunday, November 30, 2025.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2025-11-30): 26.69%.
TAX RATE
26.69%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
26.37%
TAX RATE AVG 5Y
23.85%
TAX RATE AVG 10Y
30.11%
TAX RATE AVG 15Y
32.74%
TAX RATE AVG 20Y
34.28%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+1.23%
CURRENT VS 5Y AVG
+11.92%
CURRENT VS 10Y AVG
-11.35%
CURRENT VS 15Y AVG
-18.49%
CURRENT VS 20Y AVG
-22.13%
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 |
|---|---|
| 2025-11-30 | 26.69% |
| 2023-11-30 | 26.85% |
| 2023-08-31 | 26.93% |
| 2022-11-30 | 25.00% |
| 2022-05-31 | 24.36% |
| 2022-02-28 | -2.96% |
| 2021-11-30 | 26.54% |
| 2021-08-31 | 28.59% |
| 2021-05-31 | 26.23% |
| 2021-02-28 | 28.04% |
| 2020-11-30 | 26.06% |
| 2020-08-31 | 26.63% |
| 2020-05-31 | 26.96% |
| 2020-02-28 | 23.46% |
| 2019-11-30 | 28.68% |
| 2019-08-31 | 26.27% |
| 2019-05-31 | 26.15% |
| 2019-02-28 | 34.28% |
| 2018-11-30 | 25.99% |
| 2018-08-31 | 26.77% |
| 2018-05-31 | 27.21% |
| 2018-02-28 | -12.12% |
| 2017-11-30 | 38.00% |
| 2017-08-31 | 38.38% |
| 2017-05-31 | 38.18% |
| 2017-02-28 | 38.09% |
| 2016-11-30 | 37.54% |
| 2016-08-31 | 38.83% |
| 2016-05-31 | 38.26% |
| 2015-11-30 | 38.10% |
| 2015-08-31 | 37.98% |
| 2015-05-31 | 38.95% |
| 2015-02-28 | 34.64% |
| 2014-11-30 | 38.66% |
| 2014-08-31 | 146.99% |
| 2014-05-31 | 38.16% |
| 2013-11-30 | 40.93% |
| 2013-08-31 | 34.57% |
| 2013-05-31 | 36.45% |
| 2012-11-30 | 37.74% |
| 2012-08-31 | 36.95% |
| 2012-05-31 | 37.68% |
| 2012-02-28 | 37.30% |
| 2011-11-30 | 37.88% |
| 2011-08-31 | 36.93% |
| 2011-05-31 | 37.55% |
| 2011-02-28 | 30.27% |
| 2010-11-30 | 37.76% |
| 2010-08-31 | 37.25% |
| 2010-05-31 | 37.33% |
| 2010-02-28 | 36.08% |
| 2009-11-30 | 37.63% |
| 2009-08-31 | 37.25% |
| 2009-05-31 | 37.63% |
| 2009-02-28 | 42.84% |
| 2008-11-30 | 37.83% |
| 2008-08-31 | 37.96% |
| 2008-05-31 | 37.54% |
| 2008-02-28 | 38.22% |
| 2007-11-30 | 37.66% |
| 2007-08-31 | 37.41% |
| 2007-05-31 | 37.59% |
| 2007-02-28 | 37.61% |
| 2006-11-30 | 38.79% |
| 2006-08-31 | 39.51% |
| 2006-05-31 | 36.12% |
| 2006-02-28 | 35.60% |
| 2005-11-30 | 36.67% |
| 2005-08-31 | 38.16% |
| 2005-05-31 | 38.03% |
| 2005-02-28 | 39.17% |
| 2004-11-30 | 37.65% |
| 2004-08-31 | 37.63% |
| 2004-05-31 | 38.28% |
| 2004-02-28 | 38.08% |
| 2003-11-30 | 38.46% |
| 2003-08-31 | 37.96% |
| 2003-05-31 | 37.56% |
| 2003-02-28 | 35.19% |
| 2002-11-30 | 37.96% |
| 2002-08-31 | 37.78% |
