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 25.43% is in line with its 5-year average of 23.91%, near the high end of its 5-year range (19.27%–27.10%).
As of the fiscal period ended Sunday, May 31, 2026. 2.16% above its 12-month average of 24.89%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
25.43%
TAX RATE AVG TTM
24.89%
TAX RATE AVG 3Y
23.93%
TAX RATE AVG 5Y
23.91%
TAX RATE AVG 10Y
23.96%
TAX RATE AVG 15Y
26.94%
TAX RATE AVG 20Y
27.14%
CURRENT VS TTM AVG
+2.16%
CURRENT VS 3Y AVG
+6.23%
CURRENT VS 5Y AVG
+6.34%
CURRENT VS 10Y AVG
+6.13%
CURRENT VS 15Y AVG
-5.62%
CURRENT VS 20Y AVG
-6.31%
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 | 25.43% |
| 2026-02-28 | 22.84% |
| 2025-11-30 | 27.10% |
| 2025-08-31 | 24.14% |
| 2025-05-31 | 24.94% |
| 2025-02-28 | 24.28% |
| 2024-11-30 | 24.56% |
| 2024-08-31 | 22.66% |
| 2024-05-31 | 23.83% |
| 2024-02-29 | 22.65% |
| 2023-11-30 | 23.36% |
| 2023-08-31 | 24.28% |
| 2023-05-31 | 24.24% |
| 2023-02-28 | 23.60% |
| 2022-11-30 | 23.58% |
| 2022-08-31 | 19.27% |
| 2022-05-31 | 24.63% |
| 2022-02-28 | 24.74% |
| 2021-11-30 | 24.49% |
| 2021-08-31 | 22.33% |
| 2021-05-31 | 23.71% |
| 2021-02-28 | 23.37% |
| 2020-11-30 | 23.50% |
| 2020-08-31 | 22.08% |
| 2020-05-31 | 23.72% |
| 2020-02-29 | 7.63% |
| 2019-11-30 | 24.47% |
| 2019-08-31 | 23.15% |
| 2019-05-31 | 25.12% |
| 2019-02-28 | 24.97% |
| 2018-11-30 | 22.99% |
| 2018-08-31 | 17.37% |
| 2018-05-31 | 19.44% |
| 2018-02-28 | 49.22% |
| 2017-11-30 | 35.54% |
| 2017-08-31 | 33.88% |
| 2017-05-31 | 35.17% |
| 2017-02-28 | 40.23% |
| 2016-11-30 | 32.71% |
| 2016-08-31 | 31.34% |
| 2016-05-31 | 31.66% |
| 2016-02-29 | 27.88% |
| 2015-11-30 | 32.33% |
| 2015-08-31 | 29.82% |
| 2015-05-31 | 34.03% |
| 2015-02-28 | 33.81% |
| 2014-11-30 | 33.15% |
| 2014-08-31 | 33.89% |
| 2014-05-31 | 39.78% |
| 2014-02-28 | 36.47% |
| 2013-11-30 | 33.92% |
| 2013-08-31 | 35.49% |
| 2013-05-31 | 12.01% |
| 2013-02-28 | -6.82% |
| 2012-11-30 | -17.72% |
| 2012-08-31 | -21.79% |
| 2012-05-31 | -772.16% |
| 2012-02-29 | -23.62% |
| 2011-11-30 | -116.33% |
| 2011-08-31 | 2.40% |
| 2011-05-31 | 3.69% |
| 2011-02-28 | -6.62% |
| 2010-11-30 | -9.64% |
| 2010-08-31 | 1.53% |
| 2010-05-31 | -31.02% |
| 2007-02-28 | 37.00% |
| 2006-08-31 | 37.00% |
| 2006-05-31 | 37.00% |
| 2006-02-28 | 37.00% |
| 2005-11-30 | 37.75% |
| 2005-08-31 | 37.75% |
| 2005-05-31 | 37.75% |
| 2005-01-30 | 37.75% |
| 2004-08-31 | 37.75% |
| 2004-05-31 | 37.75% |
| 2004-02-29 | 37.75% |
| 2003-11-30 | 37.75% |
| 2003-08-31 | 37.75% |
| 2003-05-31 | 37.75% |
| 2003-02-28 | 37.75% |
| 2002-11-30 | 37.75% |
| 2002-08-31 | 37.75% |
| 2002-05-31 | 37.75% |
