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 15.11% is 23% above its 5-year average of 12.26%, near the high end of its 5-year range (-6.75%–19.85%).
As of the fiscal period ended Monday, August 31, 2026. 10.49% above its 12-month average of 13.67%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-08-31): 15.11%.
TAX RATE
15.11%
TAX RATE AVG TTM
13.67%
TAX RATE AVG 3Y
11.88%
TAX RATE AVG 5Y
12.26%
TAX RATE AVG 10Y
13.61%
TAX RATE AVG 15Y
16.83%
TAX RATE AVG 20Y
19.63%
CURRENT VS TTM AVG
+10.49%
CURRENT VS 3Y AVG
+27.15%
CURRENT VS 5Y AVG
+23.19%
CURRENT VS 10Y AVG
+10.96%
CURRENT VS 15Y AVG
-10.22%
CURRENT VS 20Y AVG
-23.06%
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 |
|---|---|
| 2026-08-31 | 15.11% |
| 2026-05-31 | 19.85% |
| 2026-02-28 | 15.55% |
| 2025-11-30 | 3.26% |
| 2025-08-31 | 14.59% |
| 2025-05-31 | 17.44% |
| 2025-02-28 | 14.85% |
| 2024-11-30 | 7.05% |
| 2024-08-31 | 7.57% |
| 2024-05-31 | 16.90% |
| 2024-02-29 | 16.20% |
| 2023-11-30 | 7.98% |
| 2023-08-31 | -1.89% |
| 2023-05-31 | -6.75% |
| 2023-02-28 | 14.52% |
| 2022-11-30 | 18.80% |
| 2022-08-31 | 6.52% |
| 2022-05-31 | 12.00% |
| 2022-02-28 | 18.35% |
| 2021-08-31 | 8.36% |
| 2021-05-31 | 2.98% |
| 2021-02-28 | -53.27% |
| 2020-11-30 | 17.83% |
| 2020-08-31 | 13.26% |
| 2020-05-31 | 15.69% |
| 2020-02-29 | 16.42% |
| 2019-11-30 | 17.76% |
| 2019-08-31 | 13.90% |
| 2019-05-31 | 3.26% |
| 2019-02-28 | 11.11% |
| 2018-11-30 | 15.90% |
| 2018-08-31 | 10.83% |
| 2018-05-31 | 17.71% |
| 2018-02-28 | 226.83% |
| 2017-11-30 | 21.66% |
| 2017-08-31 | 14.24% |
| 2017-05-31 | 14.07% |
| 2017-02-28 | 17.01% |
| 2016-11-30 | 24.32% |
| 2016-08-31 | 22.80% |
| 2016-05-31 | 24.60% |
| 2016-02-29 | 21.60% |
| 2015-11-30 | 17.65% |
| 2015-08-31 | 24.37% |
| 2015-05-31 | 25.43% |
| 2015-02-28 | 20.79% |
| 2014-11-30 | 23.46% |
| 2014-08-31 | 19.65% |
| 2014-05-31 | 20.53% |
| 2014-01-31 | 21.05% |
| 2013-11-30 | 20.29% |
| 2013-08-31 | 17.72% |
| 2013-05-31 | 21.14% |
| 2013-02-28 | 18.96% |
| 2012-11-30 | 21.31% |
| 2012-08-31 | 24.72% |
| 2012-05-31 | 21.24% |
| 2012-02-29 | 20.65% |
| 2011-11-30 | 25.95% |
| 2011-08-31 | 25.54% |
| 2011-05-31 | 23.05% |
| 2011-02-28 | 24.40% |
| 2010-11-30 | 29.33% |
| 2010-08-31 | 24.68% |
| 2010-05-31 | 23.15% |
| 2010-02-28 | 24.84% |
| 2009-11-30 | 27.93% |
| 2009-08-31 | 28.04% |
| 2009-05-31 | 31.36% |
| 2009-02-28 | 26.57% |
| 2008-11-30 | 29.03% |
| 2008-08-31 | 25.42% |
| 2008-05-31 | 30.74% |
| 2008-02-29 | 28.61% |
| 2007-11-30 | 28.21% |
| 2007-08-31 | 30.00% |
| 2007-05-31 | 29.15% |
| 2007-02-28 | 26.53% |
| 2006-11-30 | 28.58% |
| 2006-08-31 | 30.35% |
| 2006-05-31 | 30.81% |
| 2006-02-28 | 29.04% |
| 2005-11-30 | 28.88% |
| 2005-08-31 | 29.20% |
| 2005-05-31 | 26.37% |
| 2005-02-28 | 29.96% |
| 2004-11-30 | 29.38% |
| 2004-08-31 | 31.03% |
| 2004-05-31 | 30.23% |
| 2004-02-29 | 32.95% |
| 2003-11-30 | 32.64% |
| 2003-08-31 | 33.73% |
| 2003-05-31 | 32.65% |
| 2003-02-28 | 31.12% |
| 2002-11-30 | 33.13% |
