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 24.44% is in line with its 5-year average of 24.25%, near the low end of its 5-year range (23.10%–75.52%).
As of the fiscal period ended Friday, July 31, 2026. 1.45% above its 12-month average of 24.09%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.44%
TAX RATE AVG TTM
24.09%
TAX RATE AVG 3Y
24.14%
TAX RATE AVG 5Y
24.25%
TAX RATE AVG 10Y
24.18%
TAX RATE AVG 15Y
30.40%
TAX RATE AVG 20Y
32.28%
CURRENT VS TTM AVG
+1.45%
CURRENT VS 3Y AVG
+1.27%
CURRENT VS 5Y AVG
+0.78%
CURRENT VS 10Y AVG
+1.09%
CURRENT VS 15Y AVG
-19.61%
CURRENT VS 20Y AVG
-24.28%
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 | 24.44% |
| 2026-05-01 | 24.45% |
| 2026-01-30 | 23.45% |
| 2025-10-31 | 24.10% |
| 2025-08-01 | 24.02% |
| 2025-05-02 | 23.92% |
| 2025-01-31 | 25.17% |
| 2024-11-01 | 23.61% |
| 2024-08-02 | 23.87% |
| 2024-05-03 | 23.73% |
| 2024-01-31 | 23.82% |
| 2023-11-03 | 24.59% |
| 2023-08-04 | 24.60% |
| 2023-05-05 | 23.10% |
| 2023-01-31 | 30.75% |
| 2022-10-28 | 75.52% |
| 2022-07-29 | 24.54% |
| 2022-04-29 | 23.73% |
| 2022-01-31 | 25.28% |
| 2021-10-29 | 26.11% |
| 2021-07-30 | 24.44% |
| 2021-04-30 | 23.50% |
| 2021-01-31 | 25.91% |
| 2020-10-30 | 22.60% |
| 2020-07-31 | 24.34% |
| 2020-05-01 | 25.14% |
| 2020-01-31 | 34.32% |
| 2019-11-01 | 24.04% |
| 2019-08-02 | 24.23% |
| 2019-05-03 | 16.65% |
| 2018-11-02 | 21.77% |
| 2018-08-03 | 24.38% |
| 2018-05-04 | 24.29% |
| 2018-01-31 | 41.31% |
| 2017-11-03 | 37.13% |
| 2017-08-04 | 36.17% |
| 2017-05-05 | 35.55% |
| 2017-01-31 | 40.27% |
| 2016-10-28 | 51.16% |
| 2016-07-29 | 38.09% |
| 2016-04-29 | 38.18% |
| 2016-01-31 | 96.27% |
| 2015-10-30 | 37.99% |
| 2015-07-31 | 38.77% |
| 2015-05-01 | 38.71% |
| 2015-01-31 | 34.50% |
| 2014-10-31 | 38.68% |
| 2014-08-01 | 38.63% |
| 2014-05-02 | 33.76% |
| 2014-01-31 | 38.68% |
| 2013-11-01 | 37.55% |
| 2013-08-02 | 37.52% |
| 2013-05-03 | 37.79% |
| 2013-01-31 | 36.70% |
| 2012-11-02 | 37.64% |
| 2012-08-03 | 37.59% |
| 2012-05-04 | 38.00% |
| 2012-01-31 | 33.61% |
| 2011-10-28 | 36.08% |
| 2011-07-29 | 37.55% |
| 2011-04-29 | 37.70% |
| 2011-01-31 | 37.50% |
| 2010-10-29 | 37.94% |
| 2010-07-30 | 37.68% |
| 2010-04-30 | 37.79% |
| 2010-01-31 | 36.14% |
| 2009-10-30 | 34.85% |
| 2009-07-31 | 37.58% |
| 2009-05-01 | 37.37% |
| 2009-01-31 | 37.45% |
| 2008-10-31 | 37.28% |
| 2008-08-01 | 37.34% |
| 2008-05-02 | 37.55% |
| 2008-01-31 | 37.52% |
| 2007-11-02 | 37.57% |
| 2007-08-03 | 37.71% |
| 2007-05-04 | 38.00% |
| 2007-01-31 | 35.61% |
| 2006-11-03 | 38.22% |
| 2006-08-04 | 38.49% |
| 2006-05-05 | 38.52% |
| 2006-01-31 | 38.53% |
| 2005-10-28 | 38.48% |
| 2005-07-29 | 38.52% |
| 2005-04-29 | 38.48% |
| 2005-01-31 | 38.43% |
| 2004-10-29 | 38.64% |
| 2004-07-30 | 38.41% |
| 2004-04-30 | 38.43% |
| 2004-01-31 | 14.85% |
| 2003-10-31 | 37.74% |
| 2003-08-01 | 37.75% |
| 2003-05-02 | 37.81% |
| 2003-01-31 | 38.51% |
| 2002-11-01 | 37.40% |
