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 25.07%, around the middle of its 5-year range (10.51%–58.11%).
As of the fiscal period ended Sunday, May 31, 2026. 4.23% below its 12-month average of 25.96%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.86%
TAX RATE AVG TTM
25.96%
TAX RATE AVG 3Y
27.46%
TAX RATE AVG 5Y
25.07%
TAX RATE AVG 10Y
34.02%
TAX RATE AVG 15Y
30.82%
TAX RATE AVG 20Y
29.71%
CURRENT VS TTM AVG
-4.23%
CURRENT VS 3Y AVG
-9.47%
CURRENT VS 5Y AVG
-0.82%
CURRENT VS 10Y AVG
-26.91%
CURRENT VS 15Y AVG
-19.32%
CURRENT VS 20Y AVG
-16.33%
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 | 24.86% |
| 2026-02-28 | 26.00% |
| 2025-11-30 | 33.64% |
| 2025-08-31 | 21.86% |
| 2025-05-31 | 23.45% |
| 2025-02-28 | 36.41% |
| 2024-11-30 | 28.06% |
| 2024-08-31 | 45.45% |
| 2024-05-31 | 35.82% |
| 2024-02-29 | 12.71% |
| 2023-11-30 | 17.45% |
| 2023-08-31 | 58.11% |
| 2023-05-31 | 23.86% |
| 2023-02-28 | 27.87% |
| 2022-11-30 | 25.42% |
| 2022-08-31 | 10.51% |
| 2022-05-31 | 21.58% |
| 2022-02-28 | 21.83% |
| 2021-11-30 | 23.97% |
| 2021-08-31 | 26.25% |
| 2021-05-31 | 20.19% |
| 2021-02-28 | 27.27% |
| 2020-11-30 | 29.47% |
| 2020-08-31 | 40.21% |
| 2020-05-31 | 464.94% |
| 2020-02-29 | 108.88% |
| 2019-11-30 | 60.33% |
| 2019-08-31 | 47.25% |
| 2019-05-31 | 47.00% |
| 2019-02-28 | 32.95% |
| 2018-11-30 | 24.75% |
| 2018-08-31 | 152.15% |
| 2018-05-31 | 39.99% |
| 2018-02-28 | 56.50% |
| 2017-11-30 | 40.51% |
| 2017-08-31 | 43.59% |
| 2017-02-28 | 58.34% |
| 2016-11-30 | 33.58% |
| 2016-08-31 | 35.72% |
| 2016-05-31 | 75.94% |
| 2016-02-29 | 35.07% |
| 2015-11-30 | 27.43% |
| 2015-08-31 | 24.96% |
| 2015-05-31 | 30.78% |
| 2015-02-28 | 37.90% |
| 2014-11-30 | 35.23% |
| 2014-08-31 | 227.69% |
| 2013-11-30 | 16.18% |
| 2013-08-31 | -127.13% |
| 2013-05-31 | 36.05% |
| 2013-02-28 | 26.69% |
| 2012-11-30 | 24.38% |
| 2012-08-31 | 27.96% |
| 2012-05-31 | 21.23% |
| 2012-02-29 | 19.65% |
| 2011-11-30 | 20.54% |
| 2011-08-31 | 18.08% |
| 2011-05-31 | 17.57% |
| 2011-02-28 | 29.25% |
| 2010-11-30 | 20.37% |
| 2010-08-31 | 28.71% |
| 2010-05-31 | 31.30% |
| 2010-02-28 | 27.74% |
| 2009-11-30 | 37.24% |
| 2009-08-31 | 40.20% |
| 2008-08-31 | 11.96% |
| 2008-05-31 | -10.85% |
| 2007-11-30 | 13.40% |
| 2007-08-31 | 52.37% |
| 2007-05-31 | -9.46% |
| 2007-02-28 | 9.98% |
| 2006-11-30 | 14.61% |
| 2006-05-31 | 11.91% |
| 2006-02-28 | 14.63% |
| 2005-11-30 | 12.14% |
| 2005-08-31 | 16.12% |
| 2005-05-31 | 15.79% |
| 2005-02-28 | 16.31% |
| 2004-11-30 | 16.27% |
| 2004-08-31 | 18.51% |
| 2004-05-31 | 12.81% |
| 2004-02-29 | 15.30% |
| 2003-11-30 | 14.89% |
| 2003-08-31 | 15.94% |
| 2003-02-28 | -9.08% |
| 2002-11-30 | -128.46% |
| 2002-08-31 | -1.50% |
