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 24.19% is in line with its 5-year average of 24.31%, around the middle of its 5-year range (16.39%–28.51%).
As of the fiscal period ended Sunday, May 31, 2026. 1.13% above its 12-month average of 23.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.19%
TAX RATE AVG TTM
23.92%
TAX RATE AVG 3Y
25.47%
TAX RATE AVG 5Y
25.18%
TAX RATE AVG 10Y
23.95%
TAX RATE AVG 15Y
28.83%
TAX RATE AVG 20Y
30.89%
CURRENT VS TTM AVG
+1.13%
CURRENT VS 3Y AVG
-5.01%
CURRENT VS 5Y AVG
-3.90%
CURRENT VS 10Y AVG
+1.01%
CURRENT VS 15Y AVG
-16.09%
CURRENT VS 20Y AVG
-21.68%
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 | 24.19% |
| 2026-02-28 | 16.39% |
| 2025-11-30 | 25.83% |
| 2025-08-31 | 27.34% |
| 2025-05-31 | 25.87% |
| 2025-02-28 | 23.03% |
| 2024-11-30 | 24.46% |
| 2024-08-31 | 24.81% |
| 2024-05-31 | 27.32% |
| 2024-02-29 | 25.70% |
| 2023-11-30 | 25.12% |
| 2023-08-31 | 24.24% |
| 2023-05-31 | 27.73% |
| 2023-02-28 | 24.56% |
| 2022-11-30 | 25.59% |
| 2022-08-31 | 24.18% |
| 2022-05-31 | 18.42% |
| 2022-02-28 | 19.13% |
| 2021-11-30 | 24.35% |
| 2021-08-31 | 23.68% |
| 2021-05-31 | 28.51% |
| 2021-02-28 | 14.97% |
| 2020-11-30 | 12.80% |
| 2020-08-31 | 22.48% |
| 2020-02-29 | 25.00% |
| 2019-11-30 | 2.10% |
| 2019-08-31 | 25.20% |
| 2019-02-28 | 20.62% |
| 2018-11-30 | 20.56% |
| 2018-08-31 | 24.16% |
| 2018-05-31 | 17.01% |
| 2018-02-28 | -137.30% |
| 2017-11-30 | 31.96% |
| 2017-08-31 | 39.31% |
| 2017-05-31 | 30.14% |
| 2017-02-28 | 37.49% |
| 2016-11-30 | 35.06% |
| 2016-08-31 | 37.39% |
| 2016-02-29 | 35.17% |
| 2015-11-30 | 34.50% |
| 2015-08-31 | 36.16% |
| 2015-02-28 | 36.19% |
| 2014-11-30 | 36.56% |
| 2014-08-31 | 35.33% |
| 2014-05-31 | 35.80% |
| 2014-02-28 | 36.36% |
| 2013-11-30 | 36.87% |
| 2013-08-31 | 36.16% |
| 2013-05-31 | 35.81% |
| 2013-02-28 | 35.99% |
| 2012-11-30 | 36.71% |
| 2012-08-31 | 36.86% |
| 2012-05-31 | 35.14% |
| 2012-02-29 | 34.22% |
| 2011-11-30 | 36.04% |
| 2011-08-31 | 35.91% |
| 2011-05-31 | 35.49% |
| 2011-02-28 | 35.83% |
| 2010-11-30 | 35.24% |
| 2010-08-31 | 36.98% |
| 2010-05-31 | 37.65% |
| 2010-02-28 | 37.27% |
| 2009-11-30 | 36.93% |
| 2009-08-31 | 38.44% |
| 2009-02-28 | 38.99% |
| 2008-11-30 | 36.30% |
| 2008-08-31 | 37.86% |
| 2008-02-29 | 37.42% |
| 2007-11-30 | 37.63% |
| 2007-08-31 | 37.23% |
| 2007-05-31 | 38.57% |
| 2007-02-28 | 33.23% |
| 2006-11-30 | 37.91% |
| 2006-08-31 | 38.31% |
| 2006-05-31 | 37.38% |
| 2006-02-28 | 37.34% |
| 2005-11-30 | 38.03% |
| 2005-08-31 | 38.25% |
| 2005-05-31 | 36.99% |
| 2005-02-28 | 38.33% |
| 2004-11-30 | 36.10% |
| 2004-08-31 | 38.20% |
| 2004-05-31 | 35.93% |
| 2004-02-29 | 38.02% |
| 2003-11-30 | 37.67% |
| 2003-08-31 | 34.69% |
| 2003-05-31 | 37.92% |
| 2003-02-28 | 37.97% |
| 2002-11-30 | 37.97% |
| 2002-08-31 | 38.04% |
