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 24.86% is in line with its 5-year average of 23.96%, near the high end of its 5-year range (22.04%–25.54%).
As of the fiscal period ended Sunday, May 3, 2026. 3.72% above its 12-month average of 23.97%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.86%
TAX RATE AVG TTM
23.97%
TAX RATE AVG 3Y
23.83%
TAX RATE AVG 5Y
24.16%
TAX RATE AVG 10Y
24.26%
TAX RATE AVG 15Y
29.54%
TAX RATE AVG 20Y
31.10%
CURRENT VS TTM AVG
+3.72%
CURRENT VS 3Y AVG
+4.33%
CURRENT VS 5Y AVG
+2.90%
CURRENT VS 10Y AVG
+2.48%
CURRENT VS 15Y AVG
-15.86%
CURRENT VS 20Y AVG
-20.07%
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 |
|---|---|
| 2026-05-03 | 24.86% |
| 2026-02-01 | 22.04% |
| 2025-11-02 | 24.30% |
| 2025-08-03 | 24.21% |
| 2025-05-04 | 24.42% |
| 2025-02-02 | 22.90% |
| 2024-10-27 | 24.36% |
| 2024-07-28 | 24.55% |
| 2024-04-28 | 22.60% |
| 2024-01-31 | 23.99% |
| 2023-10-29 | 23.31% |
| 2023-07-30 | 24.38% |
| 2023-04-30 | 24.21% |
| 2023-01-31 | 22.61% |
| 2022-10-30 | 24.43% |
| 2022-07-31 | 24.27% |
| 2022-05-01 | 23.90% |
| 2022-01-31 | 25.54% |
| 2021-10-31 | 24.50% |
| 2021-08-01 | 23.92% |
| 2021-05-02 | 23.92% |
| 2021-01-31 | 23.94% |
| 2020-11-01 | 24.12% |
| 2020-08-02 | 24.40% |
| 2020-05-03 | 24.39% |
| 2020-01-31 | 20.25% |
| 2019-11-03 | 24.49% |
| 2019-08-04 | 24.58% |
| 2019-05-05 | 24.40% |
| 2019-01-31 | 24.70% |
| 2018-10-28 | 21.37% |
| 2018-07-29 | 24.68% |
| 2018-04-29 | 23.49% |
| 2018-01-31 | 39.55% |
| 2017-10-29 | 36.94% |
| 2017-07-30 | 36.59% |
| 2017-04-30 | 35.20% |
| 2017-01-31 | 35.22% |
| 2016-10-30 | 36.15% |
| 2016-07-31 | 37.01% |
| 2016-05-01 | 36.51% |
| 2016-01-31 | 36.40% |
| 2015-11-01 | 37.07% |
| 2015-08-02 | 37.30% |
| 2015-05-03 | 34.32% |
| 2015-01-31 | 34.11% |
| 2014-11-02 | 37.01% |
| 2014-08-03 | 37.06% |
| 2014-05-04 | 36.92% |
| 2014-01-31 | 36.01% |
| 2013-11-03 | 35.82% |
| 2013-08-04 | 36.93% |
| 2013-05-05 | 36.58% |
| 2013-01-31 | 35.79% |
| 2012-10-28 | 40.18% |
| 2012-07-29 | 36.64% |
| 2012-04-29 | 36.50% |
| 2012-01-31 | 34.41% |
| 2011-10-30 | 35.90% |
| 2011-07-31 | 36.55% |
| 2011-05-01 | 36.71% |
| 2011-01-31 | 38.21% |
| 2010-10-31 | 36.14% |
| 2010-08-01 | 37.30% |
| 2010-05-02 | 35.04% |
| 2010-01-31 | 25.86% |
| 2009-11-01 | 37.31% |
| 2009-08-02 | 33.25% |
| 2009-05-03 | 36.15% |
| 2008-11-02 | 35.49% |
| 2008-08-03 | 36.23% |
| 2008-05-04 | 36.88% |
| 2008-01-31 | 36.52% |
| 2007-10-28 | 34.66% |
| 2007-07-29 | 36.94% |
| 2007-04-29 | 37.37% |
| 2007-01-31 | 37.46% |
| 2006-10-29 | 37.04% |
| 2006-07-30 | 39.62% |
| 2006-04-30 | 37.38% |
| 2006-01-31 | 36.42% |
| 2005-10-30 | 37.28% |
| 2005-07-31 | 37.37% |
| 2005-05-01 | 37.21% |
| 2005-01-31 | 37.14% |
| 2004-10-31 | 36.07% |
| 2004-08-01 | 37.04% |
| 2004-05-02 | 36.97% |
| 2004-01-31 | 37.14% |
| 2003-11-02 | 37.08% |
| 2003-08-03 | 37.09% |
| 2003-05-04 | 37.10% |
| 2003-01-31 | 37.58% |
| 2002-11-03 | 37.62% |
| 2002-08-04 | 37.59% |