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 26.00% is 47% above its 5-year average of 17.63%, around the middle of its 5-year range (8.02%–66.14%).
As of the fiscal period ended Sunday, May 31, 2026.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-05-31): 26.00%.
TAX RATE
26.00%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
26.29%
TAX RATE AVG 5Y
17.63%
TAX RATE AVG 10Y
13.08%
TAX RATE AVG 15Y
13.93%
TAX RATE AVG 20Y
13.11%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-1.11%
CURRENT VS 5Y AVG
+47.41%
CURRENT VS 10Y AVG
+98.73%
CURRENT VS 15Y AVG
+86.64%
CURRENT VS 20Y AVG
+98.34%
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 | 26.00% |
| 2024-11-30 | 21.43% |
| 2024-08-31 | 21.98% |
| 2024-05-31 | 66.14% |
| 2024-02-28 | 21.92% |
| 2023-11-30 | 19.47% |
| 2023-08-31 | 17.87% |
| 2023-05-31 | 15.51% |
| 2023-02-28 | 8.90% |
| 2022-11-30 | 19.08% |
| 2022-08-31 | 19.06% |
| 2022-05-31 | 17.00% |
| 2022-02-28 | 15.55% |
| 2021-11-30 | 12.89% |
| 2021-08-31 | 19.84% |
| 2021-05-31 | 8.02% |
| 2021-02-28 | -2.67% |
| 2020-11-30 | 14.02% |
| 2020-08-31 | 9.58% |
| 2020-05-31 | -12.96% |
| 2019-11-30 | 10.31% |
| 2019-08-31 | 10.31% |
| 2019-05-31 | 7.58% |
| 2019-02-28 | 7.91% |
| 2018-11-30 | 6.89% |
| 2018-08-31 | 8.28% |
| 2018-05-31 | 6.24% |
| 2018-02-28 | 70.62% |
| 2017-11-30 | 17.57% |
| 2017-08-31 | 20.50% |
| 2017-05-31 | -47.27% |
| 2017-02-28 | 3.01% |
| 2016-11-30 | 3.66% |
| 2016-08-31 | 15.88% |
| 2016-05-31 | 1.91% |
| 2016-02-28 | 26.88% |
| 2015-11-30 | 11.80% |
| 2015-08-31 | 18.17% |
| 2015-05-31 | 14.20% |
| 2015-02-28 | 11.46% |
| 2014-11-30 | 9.15% |
| 2014-08-31 | 9.00% |
| 2014-05-31 | 17.00% |
| 2014-02-28 | 22.72% |
| 2013-11-30 | 19.98% |
| 2013-08-31 | 17.37% |
| 2013-05-31 | 19.00% |
| 2013-02-28 | 12.74% |
| 2012-11-30 | 13.89% |
| 2012-08-31 | 17.21% |
| 2012-05-31 | 15.75% |
| 2012-02-28 | 11.86% |
| 2011-11-30 | 15.82% |
| 2011-08-31 | 10.72% |
| 2011-05-31 | 10.10% |
| 2011-02-28 | 8.30% |
| 2010-11-30 | 8.62% |
| 2010-08-31 | 8.60% |
| 2010-05-31 | 11.35% |
| 2010-02-28 | 10.29% |
| 2009-11-30 | 11.17% |
| 2009-08-31 | 9.17% |
| 2009-05-31 | 10.27% |
| 2008-11-30 | 12.25% |
| 2008-08-31 | 12.59% |
| 2008-05-31 | 22.03% |
| 2008-02-28 | 10.36% |
| 2007-11-30 | 13.62% |
| 2007-08-31 | -53.40% |
| 2007-05-31 | 11.58% |
| 2007-02-28 | 5.05% |
| 2006-11-30 | 10.46% |
| 2006-08-31 | 11.09% |
| 2006-05-31 | 7.24% |
| 2006-02-28 | 28.71% |
| 2005-11-30 | 4.63% |
| 2005-08-31 | 11.98% |
| 2005-05-31 | 11.94% |
| 2005-02-28 | -3.47% |
| 2004-11-30 | 16.72% |
| 2004-08-31 | 16.61% |
| 2004-05-31 | 18.35% |
| 2004-02-28 | 21.45% |
| 2003-11-30 | 16.24% |
| 2003-08-31 | 9.15% |
| 2003-05-31 | 17.88% |
| 2003-02-28 | 25.24% |
| 2002-11-30 | 20.48% |
| 2002-08-31 | 24.37% |