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 23.77% is in line with its 5-year average of 23.65%, near the high end of its 5-year range (21.05%–24.56%).
As of the fiscal period ended Saturday, August 1, 2026. 0.36% above its 12-month average of 23.69%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-08-01): 23.77%.
TAX RATE
23.77%
TAX RATE AVG TTM
23.69%
TAX RATE AVG 3Y
23.65%
TAX RATE AVG 5Y
23.65%
TAX RATE AVG 10Y
23.64%
TAX RATE AVG 15Y
27.45%
TAX RATE AVG 20Y
29.54%
CURRENT VS TTM AVG
+0.36%
CURRENT VS 3Y AVG
+0.50%
CURRENT VS 5Y AVG
+0.54%
CURRENT VS 10Y AVG
+0.57%
CURRENT VS 15Y AVG
-13.40%
CURRENT VS 20Y AVG
-19.51%
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 | 23.77% |
| 2026-05-02 | 23.81% |
| 2026-01-31 | 23.60% |
| 2025-11-01 | 23.62% |
| 2025-08-02 | 23.63% |
| 2025-04-30 | 24.30% |
| 2025-01-25 | 23.73% |
| 2024-10-26 | 23.42% |
| 2024-07-27 | 23.13% |
| 2024-04-30 | 23.99% |
| 2024-01-27 | 21.05% |
| 2023-10-28 | 23.20% |
| 2023-07-29 | 23.84% |
| 2023-04-30 | 24.56% |
| 2023-01-28 | 23.50% |
| 2022-10-29 | 23.32% |
| 2022-07-30 | 23.58% |
| 2022-04-30 | 23.87% |
| 2022-01-29 | 23.51% |
| 2021-10-30 | 23.80% |
| 2021-07-31 | 23.46% |
| 2021-04-30 | 23.74% |
| 2021-01-30 | 23.93% |
| 2020-10-31 | 23.50% |
| 2020-08-01 | 23.58% |
| 2020-04-30 | 23.42% |
| 2020-01-25 | 22.32% |
| 2019-10-26 | 23.47% |
| 2019-07-27 | 23.76% |
| 2019-04-30 | 24.40% |
| 2019-01-26 | 22.96% |
| 2018-10-27 | 22.92% |
| 2018-07-28 | 23.47% |
| 2018-04-30 | 27.71% |
| 2018-01-27 | 10.94% |
| 2017-10-28 | 33.26% |
| 2017-07-29 | 34.06% |
| 2017-04-30 | 34.41% |
| 2017-01-28 | 34.20% |
| 2016-10-29 | 34.20% |
| 2016-07-30 | 34.20% |
| 2016-04-30 | 33.45% |
| 2016-01-30 | 34.20% |
| 2015-10-31 | 34.20% |
| 2015-08-01 | 34.20% |
| 2015-04-30 | 34.00% |
| 2015-01-31 | 34.00% |
| 2014-11-01 | 34.00% |
| 2014-08-02 | 34.00% |
| 2014-04-30 | 22.70% |
| 2014-01-25 | 30.60% |
| 2013-10-26 | 34.10% |
| 2013-07-27 | 34.50% |
| 2013-04-30 | 32.22% |
| 2013-01-26 | 31.50% |
| 2012-10-27 | 34.50% |
| 2012-07-28 | 34.50% |
| 2012-04-30 | 33.49% |
| 2012-01-28 | 32.89% |
| 2011-10-29 | 35.00% |
| 2011-07-30 | 35.00% |
| 2011-04-30 | 33.15% |
| 2011-01-29 | 35.60% |
| 2010-10-30 | 35.60% |
| 2010-07-31 | 35.60% |
| 2010-04-30 | 37.23% |
| 2010-01-30 | 35.60% |
| 2009-10-31 | 35.60% |
| 2009-08-01 | 35.60% |
| 2009-04-30 | 36.30% |
| 2009-01-31 | 37.35% |
| 2008-11-01 | 35.90% |
| 2008-08-02 | 35.90% |
| 2008-04-30 | 37.14% |
| 2008-01-26 | 35.49% |
| 2007-10-27 | 35.51% |
| 2007-07-28 | 35.50% |
| 2007-04-30 | 35.91% |
| 2007-01-27 | 35.90% |
| 2006-10-28 | 35.90% |
| 2006-07-29 | 35.90% |
| 2006-04-30 | 32.84% |
| 2006-01-28 | 37.45% |
| 2005-10-29 | 36.31% |
| 2005-07-30 | 37.90% |
| 2005-04-30 | 27.47% |
| 2005-01-29 | 37.86% |
| 2004-10-30 | 37.91% |
| 2004-07-31 | 37.90% |
| 2004-04-30 | 37.91% |
| 2004-01-31 | 36.93% |
| 2003-11-01 | 38.08% |
| 2003-08-02 | 37.96% |
| 2003-04-30 | 38.20% |
| 2003-01-25 | 38.20% |
| 2002-10-26 | 38.21% |
