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 17.17% is 27% above its 5-year average of 13.57%, around the middle of its 5-year range (-79.56%–100.30%).
As of the fiscal period ended Friday, July 31, 2026. 217.12% above its 12-month average of 5.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.17%
TAX RATE AVG TTM
5.41%
TAX RATE AVG 3Y
12.97%
TAX RATE AVG 5Y
13.57%
TAX RATE AVG 10Y
14.76%
TAX RATE AVG 15Y
18.16%
TAX RATE AVG 20Y
19.83%
CURRENT VS TTM AVG
+217.12%
CURRENT VS 3Y AVG
+32.40%
CURRENT VS 5Y AVG
+26.54%
CURRENT VS 10Y AVG
+16.32%
CURRENT VS 15Y AVG
-5.46%
CURRENT VS 20Y AVG
-13.41%
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 | 17.17% |
| 2026-04-30 | 8.72% |
| 2026-01-31 | 18.78% |
| 2025-10-31 | 4.68% |
| 2025-07-31 | -22.28% |
| 2025-04-30 | 19.76% |
| 2025-01-31 | 19.74% |
| 2024-10-31 | -5.10% |
| 2024-07-31 | 22.61% |
| 2024-04-30 | 23.84% |
| 2024-01-31 | 21.56% |
| 2023-10-31 | -14.32% |
| 2023-07-31 | 18.16% |
| 2023-04-30 | -79.56% |
| 2023-01-31 | 16.55% |
| 2022-10-31 | 100.30% |
| 2022-07-31 | 5.40% |
| 2022-04-30 | 19.29% |
| 2022-01-31 | 18.16% |
| 2021-10-31 | 12.78% |
| 2021-07-31 | 16.44% |
| 2021-04-30 | 8.08% |
| 2021-01-31 | 17.59% |
| 2020-10-31 | 13.92% |
| 2020-07-31 | 2.26% |
| 2020-04-30 | 7.51% |
| 2020-01-31 | 22.78% |
| 2019-10-31 | 21.14% |
| 2019-07-31 | -375.40% |
| 2019-04-30 | 11.44% |
| 2019-01-31 | 10.78% |
| 2018-10-31 | -44.09% |
| 2018-07-31 | 13.56% |
| 2018-01-31 | -114.14% |
| 2017-10-31 | 22.17% |
| 2017-07-31 | 22.58% |
| 2017-04-30 | 25.86% |
| 2017-01-31 | 21.16% |
| 2016-10-31 | 49.21% |
| 2016-07-31 | 22.02% |
| 2016-04-30 | 21.05% |
| 2016-01-31 | 22.06% |
| 2015-10-31 | -124.24% |
| 2015-07-31 | 23.66% |
| 2015-04-30 | 20.24% |
| 2015-01-31 | 22.77% |
| 2014-10-31 | 24.52% |
| 2014-07-31 | 24.98% |
| 2014-04-30 | 22.75% |
| 2014-01-31 | 22.30% |
| 2013-10-31 | 22.31% |
| 2013-07-31 | 18.67% |
| 2013-04-30 | 23.51% |
| 2013-01-31 | 21.68% |
| 2012-04-30 | 19.50% |
| 2012-01-31 | 19.38% |
| 2011-10-31 | 39.34% |
| 2011-07-31 | 19.72% |
| 2011-04-30 | 20.33% |
| 2011-01-31 | 20.99% |
| 2010-10-31 | 21.03% |
| 2010-07-31 | 19.00% |
| 2010-04-30 | 20.49% |
| 2010-01-31 | 19.76% |
| 2009-10-31 | 19.71% |
| 2009-07-31 | 17.93% |
| 2009-04-30 | 18.55% |
| 2009-01-31 | 18.06% |
| 2008-10-31 | 20.09% |
| 2008-07-31 | 20.57% |
| 2008-04-30 | 20.67% |
| 2008-01-31 | 20.56% |
| 2007-10-31 | 19.82% |
| 2007-07-31 | 22.22% |
| 2007-04-30 | 20.33% |
| 2007-01-31 | 21.23% |
| 2006-10-31 | 19.38% |
| 2006-07-31 | 20.89% |
| 2006-04-30 | -4.34% |
| 2006-01-31 | 19.70% |
| 2005-10-31 | -9.19% |
| 2005-07-31 | 92.93% |
| 2005-04-30 | 10.47% |
| 2005-01-31 | 10.19% |
| 2004-10-31 | 15.43% |
| 2004-07-31 | 13.57% |
| 2004-04-30 | 17.00% |
| 2004-01-31 | 19.52% |
| 2003-10-31 | 19.06% |
| 2003-07-31 | -3.48% |
| 2003-04-30 | -7.86% |
| 2003-01-31 | 22.05% |
| 2002-10-31 | 14.29% |