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 28.21% is 13% above its 5-year average of 24.96%, near the high end of its 5-year range (16.48%–28.21%).
As of the fiscal period ended Sunday, May 31, 2026. 7.77% above its 12-month average of 26.17%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.21%
TAX RATE AVG TTM
26.17%
TAX RATE AVG 3Y
25.34%
TAX RATE AVG 5Y
24.96%
TAX RATE AVG 10Y
24.43%
TAX RATE AVG 15Y
30.67%
TAX RATE AVG 20Y
32.51%
CURRENT VS TTM AVG
+7.77%
CURRENT VS 3Y AVG
+11.33%
CURRENT VS 5Y AVG
+12.99%
CURRENT VS 10Y AVG
+15.45%
CURRENT VS 15Y AVG
-8.04%
CURRENT VS 20Y AVG
-13.24%
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 | 28.21% |
| 2025-11-30 | 25.83% |
| 2025-08-31 | 24.96% |
| 2025-05-31 | 25.69% |
| 2025-02-28 | 24.10% |
| 2024-11-30 | 24.65% |
| 2024-08-31 | 25.32% |
| 2024-05-31 | 26.23% |
| 2024-02-29 | 23.27% |
| 2023-11-30 | 25.83% |
| 2023-08-31 | 25.05% |
| 2023-05-31 | 25.69% |
| 2023-02-28 | 16.48% |
| 2022-11-30 | 24.83% |
| 2022-08-31 | 24.87% |
| 2022-05-31 | 25.06% |
| 2022-02-28 | 20.58% |
| 2021-11-30 | 24.31% |
| 2021-08-31 | 22.44% |
| 2021-05-31 | 23.01% |
| 2021-02-28 | 19.94% |
| 2020-11-30 | 24.22% |
| 2020-08-31 | 23.60% |
| 2020-05-31 | -19.55% |
| 2020-02-29 | 22.30% |
| 2019-11-30 | 23.91% |
| 2019-08-31 | 23.54% |
| 2019-05-31 | 24.06% |
| 2019-02-28 | 24.73% |
| 2018-11-30 | 23.20% |
| 2018-08-31 | 23.70% |
| 2018-05-31 | 25.35% |
| 2018-02-28 | 41.87% |
| 2017-11-30 | 33.91% |
| 2017-08-31 | 37.49% |
| 2017-05-31 | 37.38% |
| 2017-02-28 | 37.02% |
| 2016-11-30 | 37.79% |
| 2016-08-31 | 37.97% |
| 2016-05-31 | 37.97% |
| 2016-02-29 | 37.65% |
| 2015-11-30 | 38.35% |
| 2015-08-31 | 38.45% |
| 2015-05-31 | 38.52% |
| 2015-02-28 | 38.52% |
| 2014-11-30 | 38.32% |
| 2014-08-31 | 38.35% |
| 2014-05-31 | 38.31% |
| 2014-02-28 | 37.88% |
| 2013-11-30 | 38.54% |
| 2013-08-31 | 38.24% |
| 2013-05-31 | 38.20% |
| 2013-02-28 | 37.72% |
| 2012-11-30 | 37.90% |
| 2012-08-31 | 38.36% |
| 2012-05-31 | 38.28% |
| 2012-02-29 | 37.87% |
| 2011-11-30 | 37.62% |
| 2011-08-31 | 38.20% |
| 2011-05-31 | 38.07% |
| 2011-02-28 | 36.34% |
| 2010-12-27 | 38.23% |
| 2010-09-10 | 38.41% |
| 2010-05-31 | 38.48% |
| 2010-02-28 | 38.08% |
| 2009-11-30 | 35.64% |
| 2009-08-31 | 38.49% |
| 2009-05-31 | 39.47% |
| 2009-04-09 | 38.42% |
| 2008-08-31 | 37.75% |
| 2008-05-31 | 38.10% |
| 2008-02-29 | 37.32% |
| 2007-11-30 | 39.04% |
| 2007-08-31 | 39.51% |
| 2007-05-31 | 38.25% |
| 2007-02-28 | 39.84% |
| 2006-11-30 | 38.21% |
| 2006-08-31 | 38.19% |
| 2006-05-31 | 38.29% |
| 2006-02-28 | 38.08% |
| 2005-11-30 | 39.05% |
| 2005-08-31 | 38.12% |
| 2005-05-31 | 38.37% |
| 2005-02-28 | 38.23% |
| 2004-11-30 | 39.00% |
| 2004-10-08 | 39.00% |
| 2004-05-31 | 39.00% |
| 2004-02-29 | 38.50% |
| 2003-11-30 | 38.50% |
| 2003-09-15 | 38.50% |
| 2003-05-31 | 38.50% |
| 2003-02-28 | 39.50% |
| 2002-11-30 | 39.50% |
| 2002-08-31 | 39.50% |
