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 22.99% is in line with its 5-year average of 22.74%, around the middle of its 5-year range (-21.04%–47.37%).
As of the fiscal period ended Sunday, May 31, 2026. 4.47% below its 12-month average of 24.07%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.99%
TAX RATE AVG TTM
24.07%
TAX RATE AVG 3Y
23.54%
TAX RATE AVG 5Y
24.32%
TAX RATE AVG 10Y
21.41%
TAX RATE AVG 15Y
18.15%
TAX RATE AVG 20Y
20.86%
CURRENT VS TTM AVG
-4.47%
CURRENT VS 3Y AVG
-2.33%
CURRENT VS 5Y AVG
-5.49%
CURRENT VS 10Y AVG
+7.39%
CURRENT VS 15Y AVG
+26.65%
CURRENT VS 20Y AVG
+10.18%
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 |
|---|---|
| 2026-05-31 | 22.99% |
| 2026-02-28 | 26.26% |
| 2025-11-30 | 25.14% |
| 2025-08-31 | 23.72% |
| 2025-05-31 | 22.21% |
| 2025-02-28 | 24.54% |
| 2024-11-30 | 22.07% |
| 2024-08-31 | 12.80% |
| 2024-05-31 | 23.15% |
| 2024-02-29 | 29.27% |
| 2023-11-30 | 23.65% |
| 2023-08-31 | 18.34% |
| 2023-05-31 | 21.64% |
| 2023-02-28 | 29.45% |
| 2022-11-30 | 27.10% |
| 2022-08-31 | -0.93% |
| 2022-05-31 | 25.32% |
| 2022-02-28 | 38.66% |
| 2021-11-30 | 35.86% |
| 2021-08-31 | 47.37% |
| 2021-05-31 | -21.04% |
| 2021-02-28 | 0.03% |
| 2020-11-30 | 31.89% |
| 2020-08-31 | 82.72% |
| 2020-02-29 | 17.06% |
| 2019-11-30 | 12.97% |
| 2019-08-31 | 153.11% |
| 2019-05-31 | 15.59% |
| 2019-02-28 | 67.78% |
| 2018-05-31 | -15.97% |
| 2017-11-30 | 23.48% |
| 2017-05-31 | -21.80% |
| 2017-02-28 | 3.79% |
| 2016-11-30 | -152.41% |
| 2016-08-31 | -59.68% |
| 2016-05-31 | -4.07% |
| 2015-11-30 | 12.40% |
| 2015-08-31 | -6.08% |
| 2015-05-31 | -8.54% |
| 2014-11-30 | 24.00% |
| 2014-08-31 | 34.88% |
| 2014-05-31 | 3.20% |
| 2014-02-28 | 28.95% |
| 2013-11-30 | 7.69% |
| 2013-08-31 | 1.69% |
| 2013-05-31 | 7.67% |
| 2013-02-28 | 20.39% |
| 2012-11-30 | 18.54% |
| 2012-05-31 | 16.08% |
| 2012-02-29 | 23.04% |
| 2011-11-30 | 23.20% |
| 2011-08-31 | 21.41% |
| 2011-05-31 | 23.00% |
| 2011-02-28 | 21.79% |
| 2010-11-30 | 20.59% |
| 2010-08-31 | 10.55% |
| 2010-05-31 | 27.57% |
| 2010-02-28 | 27.07% |
| 2009-11-30 | 27.07% |
| 2009-08-31 | 25.85% |
| 2009-02-28 | -51.90% |
| 2008-11-30 | 10.57% |
| 2008-08-31 | 29.89% |
| 2008-05-31 | 25.83% |
| 2008-02-29 | 35.35% |
| 2007-11-30 | 35.59% |
| 2007-08-31 | 29.82% |
| 2007-05-31 | 30.76% |
| 2007-02-28 | 32.13% |
| 2006-11-30 | 31.20% |
| 2006-08-31 | 17.57% |
| 2006-05-31 | 24.40% |
| 2006-02-28 | 32.20% |
| 2005-11-30 | 32.50% |
| 2005-08-31 | 32.88% |
| 2005-05-31 | 30.84% |
| 2005-02-28 | 34.90% |
| 2004-11-30 | 34.30% |
| 2004-08-31 | 41.46% |
| 2004-05-31 | 37.42% |
| 2004-02-29 | 34.80% |
| 2003-11-30 | 34.98% |
| 2003-08-31 | 35.63% |
| 2003-05-31 | 35.30% |
| 2003-02-28 | 35.50% |
| 2002-11-30 | 35.50% |
| 2002-08-31 | 35.00% |
