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 16.90% is 16% below its 5-year average of 20.11%, near the low end of its 5-year range (16.90%–21.49%).
As of the fiscal period ended Thursday, April 30, 2026. 9.01% below its 12-month average of 18.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.90%
TAX RATE AVG TTM
18.57%
TAX RATE AVG 3Y
19.63%
TAX RATE AVG 5Y
20.11%
TAX RATE AVG 10Y
20.18%
TAX RATE AVG 15Y
24.23%
TAX RATE AVG 20Y
25.77%
CURRENT VS TTM AVG
-9.01%
CURRENT VS 3Y AVG
-13.92%
CURRENT VS 5Y AVG
-15.96%
CURRENT VS 10Y AVG
-16.27%
CURRENT VS 15Y AVG
-30.25%
CURRENT VS 20Y AVG
-34.43%
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 |
|---|---|
| 2026-04-30 | 16.90% |
| 2026-01-31 | 18.92% |
| 2025-10-31 | 17.09% |
| 2025-07-31 | 20.95% |
| 2025-04-30 | 19.00% |
| 2025-01-31 | 19.00% |
| 2024-10-31 | 17.49% |
| 2024-07-31 | 21.49% |
| 2024-04-30 | 20.81% |
| 2024-01-31 | 21.00% |
| 2023-10-31 | 20.43% |
| 2023-07-31 | 21.08% |
| 2023-04-30 | 21.08% |
| 2023-01-31 | 20.46% |
| 2022-10-31 | 20.44% |
| 2022-07-31 | 21.44% |
| 2022-04-30 | 21.28% |
| 2022-01-31 | 20.77% |
| 2021-10-31 | 21.16% |
| 2021-07-31 | 21.18% |
| 2021-04-30 | 20.35% |
| 2021-01-31 | 20.68% |
| 2020-10-31 | 29.76% |
| 2020-07-31 | 8.93% |
| 2020-04-30 | 21.02% |
| 2020-01-31 | 17.58% |
| 2019-10-31 | 19.33% |
| 2019-07-31 | 21.40% |
| 2019-04-30 | 20.95% |
| 2019-01-31 | 28.62% |
| 2018-10-31 | 16.78% |
| 2018-07-31 | 22.67% |
| 2018-04-30 | 22.76% |
| 2018-01-31 | -1.00% |
| 2017-10-31 | 29.27% |
| 2017-07-31 | 28.78% |
| 2017-04-30 | 31.77% |
| 2017-01-31 | 28.99% |
| 2016-10-31 | 27.99% |
| 2016-07-31 | 28.17% |
| 2016-04-30 | 28.56% |
| 2016-01-31 | 12.56% |
| 2015-10-31 | 31.20% |
| 2015-07-31 | 29.53% |
| 2015-04-30 | 31.23% |
| 2015-01-31 | 26.96% |
| 2014-10-31 | 29.79% |
| 2014-07-31 | 29.55% |
| 2014-04-30 | 30.50% |
| 2014-01-31 | 30.50% |
| 2013-10-31 | 28.79% |
| 2013-07-31 | 29.40% |
| 2013-04-30 | 30.10% |
| 2013-01-31 | 25.49% |
| 2012-10-31 | 32.66% |
| 2012-07-31 | 29.90% |
| 2012-04-30 | 30.50% |
| 2012-01-31 | 31.08% |
| 2011-10-31 | 30.07% |
| 2011-07-31 | 27.67% |
| 2011-04-30 | 29.84% |
| 2011-01-31 | 29.60% |
| 2010-10-31 | 26.71% |
| 2010-07-31 | 16.75% |
| 2010-04-30 | 42.47% |
| 2010-01-31 | 24.50% |
| 2009-07-31 | 32.67% |
| 2009-04-30 | 20.99% |
| 2009-01-31 | 35.00% |
| 2008-10-31 | 32.28% |
| 2008-07-31 | 36.14% |
| 2008-04-30 | 35.47% |
| 2008-01-31 | 34.31% |
| 2007-10-31 | 33.04% |
| 2007-07-31 | 31.76% |
| 2007-04-30 | 34.75% |
| 2007-01-31 | 33.47% |
| 2006-10-31 | 25.26% |
| 2006-07-31 | 23.73% |
| 2006-04-30 | 33.64% |
| 2006-01-31 | 33.64% |
| 2005-10-31 | 28.43% |
| 2005-07-31 | 25.96% |
| 2005-05-01 | 32.50% |
| 2005-01-30 | 32.50% |
| 2004-10-31 | 31.37% |
| 2004-08-01 | 33.00% |
| 2004-05-02 | 33.00% |
| 2004-02-01 | 33.00% |
| 2003-10-31 | 33.00% |
| 2003-08-03 | 33.00% |
| 2003-05-04 | 32.99% |
| 2003-02-02 | 33.01% |
| 2002-10-31 | 33.02% |
| 2002-07-28 | 33.00% |
