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 21.16% is in line with its 5-year average of 19.27%, near the high end of its 5-year range (4.07%–26.98%).
As of the fiscal period ended Thursday, April 30, 2026. 16.79% above its 12-month average of 18.12%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.16%
TAX RATE AVG TTM
18.12%
TAX RATE AVG 3Y
19.86%
TAX RATE AVG 5Y
19.27%
TAX RATE AVG 10Y
21.77%
TAX RATE AVG 15Y
23.79%
TAX RATE AVG 20Y
26.38%
CURRENT VS TTM AVG
+16.79%
CURRENT VS 3Y AVG
+6.57%
CURRENT VS 5Y AVG
+9.83%
CURRENT VS 10Y AVG
-2.80%
CURRENT VS 15Y AVG
-11.03%
CURRENT VS 20Y AVG
-19.76%
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 |
|---|---|
| 2026-04-30 | 21.16% |
| 2026-01-31 | 11.54% |
| 2025-10-31 | 18.03% |
| 2025-07-31 | 18.85% |
| 2025-04-30 | 21.03% |
| 2025-01-31 | 7.02% |
| 2024-10-31 | 17.95% |
| 2024-07-31 | 18.02% |
| 2024-04-30 | 21.16% |
| 2024-01-31 | 11.81% |
| 2023-10-31 | 22.78% |
| 2023-07-31 | 18.39% |
| 2023-04-30 | 21.22% |
| 2023-01-31 | 16.93% |
| 2022-10-31 | 23.05% |
| 2022-07-31 | 26.98% |
| 2022-04-30 | 23.75% |
| 2022-01-31 | 4.07% |
| 2021-10-31 | 18.29% |
| 2021-07-31 | 15.71% |
| 2021-04-30 | 19.48% |
| 2021-01-31 | 2.93% |
| 2020-10-31 | 22.30% |
| 2020-07-31 | 13.39% |
| 2020-04-30 | 22.58% |
| 2020-01-31 | -21.42% |
| 2019-10-31 | 19.76% |
| 2019-07-31 | 21.99% |
| 2019-04-30 | 22.46% |
| 2019-01-31 | 4.45% |
| 2018-10-31 | 24.85% |
| 2018-07-31 | 23.10% |
| 2018-04-30 | 23.61% |
| 2018-01-31 | 4.65% |
| 2017-10-31 | 31.52% |
| 2017-07-31 | 30.32% |
| 2017-04-30 | 31.98% |
| 2017-01-31 | 26.64% |
| 2016-10-31 | 32.92% |
| 2016-07-31 | 30.48% |
| 2016-04-30 | 32.75% |
| 2016-01-31 | 29.04% |
| 2015-10-31 | 34.51% |
| 2015-07-31 | 31.97% |
| 2015-04-30 | 30.00% |
| 2015-01-31 | 29.46% |
| 2014-10-31 | 31.25% |
| 2014-07-31 | 23.38% |
| 2014-04-30 | 31.82% |
| 2014-01-31 | 33.90% |
| 2013-10-31 | 34.69% |
| 2013-07-31 | 26.60% |
| 2013-04-30 | 34.06% |
| 2013-01-31 | 27.76% |
| 2012-10-31 | 35.02% |
| 2012-07-31 | 31.36% |
| 2012-04-30 | 34.75% |
| 2012-01-31 | 34.17% |
| 2011-10-31 | 34.57% |
| 2011-07-31 | 25.95% |
| 2011-04-30 | 33.00% |
| 2011-01-31 | 30.43% |
| 2010-10-31 | 32.78% |
| 2010-07-31 | 32.26% |
| 2010-04-30 | 35.11% |
| 2010-01-31 | 34.78% |
| 2009-10-31 | 36.20% |
| 2009-07-31 | 30.38% |
| 2009-04-30 | 32.74% |
| 2009-01-31 | 27.63% |
| 2008-10-31 | 33.69% |
| 2008-07-31 | 35.31% |
| 2008-04-30 | 34.79% |
| 2008-01-31 | 34.06% |
| 2007-10-31 | 34.14% |
| 2007-07-31 | 33.84% |
| 2007-04-30 | 33.95% |
| 2007-01-31 | 30.28% |
| 2006-10-31 | 27.77% |
| 2006-07-31 | 33.02% |
| 2006-04-30 | 36.19% |
| 2006-01-31 | 34.08% |
| 2005-10-31 | 37.18% |
| 2005-07-31 | 36.27% |
| 2005-04-30 | 37.69% |
| 2005-01-31 | 34.53% |
| 2004-10-31 | 35.99% |
| 2004-07-31 | 20.38% |
| 2004-04-30 | 34.30% |
| 2004-01-31 | 34.54% |
| 2003-10-31 | 35.54% |
| 2003-07-31 | 36.26% |
| 2003-04-30 | 35.26% |
| 2003-01-31 | 35.27% |
| 2002-10-31 | -14.38% |
| 2002-07-31 | 32.76% |
