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 19.57% is 1634% above its 5-year average of -1.28%, near the high end of its 5-year range (-330.19%–21.66%).
As of the fiscal period ended Friday, July 31, 2026. 1723.54% above its 12-month average of -1.21%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-07-31): 19.57%.
TAX RATE
19.57%
TAX RATE AVG TTM
-1.21%
TAX RATE AVG 3Y
0.47%
TAX RATE AVG 5Y
-1.28%
TAX RATE AVG 10Y
1.87%
TAX RATE AVG 15Y
15.77%
TAX RATE AVG 20Y
20.79%
CURRENT VS TTM AVG
+1723.54%
CURRENT VS 3Y AVG
+4090.04%
CURRENT VS 5Y AVG
+1634.18%
CURRENT VS 10Y AVG
+945.66%
CURRENT VS 15Y AVG
+24.14%
CURRENT VS 20Y AVG
-5.84%
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 |
|---|---|
| 2026-07-31 | 19.57% |
| 2026-01-31 | -8.82% |
| 2025-10-31 | -1.75% |
| 2025-07-31 | -13.82% |
| 2025-04-30 | 0.31% |
| 2025-01-31 | -330.19% |
| 2024-10-31 | 4.98% |
| 2024-07-31 | 5.19% |
| 2024-04-30 | -6.02% |
| 2024-01-31 | 4.41% |
| 2023-10-31 | 0.75% |
| 2023-07-31 | 0.34% |
| 2023-04-30 | 21.66% |
| 2021-10-31 | 0.40% |
| 2021-04-30 | -20.58% |
| 2020-10-31 | 4.91% |
| 2018-10-31 | -32.61% |
| 2018-07-31 | 18.42% |
| 2017-07-31 | 36.88% |
| 2016-04-30 | 239.44% |
| 2016-01-31 | 6.62% |
| 2015-10-31 | 162.16% |
| 2015-07-31 | 44.00% |
| 2015-04-30 | 129.35% |
| 2015-01-31 | 18.55% |
| 2014-10-31 | 33.86% |
| 2014-07-31 | 45.07% |
| 2014-04-30 | 47.75% |
| 2014-01-31 | 25.64% |
| 2013-10-31 | 35.63% |
| 2013-07-31 | 35.98% |
| 2013-01-31 | 16.48% |
| 2012-10-31 | 31.74% |
| 2012-07-31 | 35.89% |
| 2012-04-30 | -125.95% |
| 2012-01-31 | 31.77% |
| 2011-10-31 | 44.81% |
| 2011-07-31 | 32.26% |
| 2011-04-30 | -327.84% |
| 2011-01-31 | 40.09% |
| 2010-10-31 | 58.90% |
| 2010-07-31 | 40.84% |
| 2010-04-30 | 72.00% |
| 2009-07-31 | 0.00% |
| 2009-01-31 | -23.75% |
| 2008-01-31 | 45.51% |
| 2007-10-31 | 45.68% |
| 2007-07-31 | 38.39% |
| 2006-10-31 | 49.18% |
| 2006-07-31 | 27.46% |
| 2006-04-30 | -4.57% |
| 2006-01-31 | 31.73% |
| 2005-10-31 | 38.02% |
| 2005-07-31 | 29.55% |
| 2005-04-30 | 26.66% |
| 2004-10-31 | 29.19% |
| 2004-07-31 | 39.88% |
| 2004-04-30 | 1.35% |
| 2004-01-31 | 34.83% |
| 2003-01-31 | 30.92% |
| 2002-10-31 | 28.27% |