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 22.37% is in line with its 5-year average of 22.96%, near the high end of its 5-year range (-5.55%–29.48%).
As of the fiscal period ended Friday, July 31, 2026. 4.36% below its 12-month average of 23.39%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2027 (2026-07-31): 22.37%.
TAX RATE
22.37%
TAX RATE AVG TTM
23.39%
TAX RATE AVG 3Y
23.14%
TAX RATE AVG 5Y
22.96%
TAX RATE AVG 10Y
13.32%
TAX RATE AVG 15Y
12.91%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-4.36%
CURRENT VS 3Y AVG
-3.36%
CURRENT VS 5Y AVG
-2.59%
CURRENT VS 10Y AVG
+67.89%
CURRENT VS 15Y AVG
+73.30%
CURRENT VS 20Y AVG
N/A
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 | 22.37% |
| 2026-04-30 | 21.91% |
| 2026-01-31 | 24.67% |
| 2025-10-31 | 25.62% |
| 2025-07-31 | 22.37% |
| 2025-04-30 | 18.46% |
| 2025-01-31 | 15.21% |
| 2024-10-31 | 23.79% |
| 2024-07-31 | 25.89% |
| 2024-04-30 | 24.45% |
| 2024-01-31 | 25.66% |
| 2023-10-31 | 22.04% |
| 2023-07-31 | 20.50% |
| 2023-04-30 | 29.48% |
| 2023-01-31 | -5.55% |
| 2022-10-31 | 20.66% |
| 2022-04-30 | 22.08% |
| 2021-07-31 | 25.19% |
| 2021-04-30 | 28.19% |
| 2021-01-31 | -79.07% |
| 2020-10-31 | 0.00% |
| 2020-07-31 | 0.00% |
| 2020-04-30 | 0.00% |
| 2020-01-31 | 0.00% |
| 2019-10-31 | 0.00% |
| 2019-07-31 | 0.00% |
| 2019-04-30 | 0.00% |
| 2018-10-31 | 0.00% |
| 2018-04-30 | 0.00% |
| 2017-10-31 | 0.00% |
| 2017-07-31 | 111.80% |
| 2017-01-31 | 0.00% |
| 2016-10-31 | 0.00% |
| 2012-09-30 | 0.00% |