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 28.01% is in line with its 5-year average of 30.81%, near the low end of its 5-year range (26.39%–49.87%).
As of the fiscal period ended Sunday, May 31, 2026. 1.78% below its 12-month average of 28.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-05-31): 28.01%.
TAX RATE
28.01%
TAX RATE AVG TTM
28.52%
TAX RATE AVG 3Y
29.11%
TAX RATE AVG 5Y
30.81%
TAX RATE AVG 10Y
31.58%
TAX RATE AVG 15Y
31.94%
TAX RATE AVG 20Y
31.69%
CURRENT VS TTM AVG
-1.78%
CURRENT VS 3Y AVG
-3.78%
CURRENT VS 5Y AVG
-9.07%
CURRENT VS 10Y AVG
-11.29%
CURRENT VS 15Y AVG
-12.29%
CURRENT VS 20Y AVG
-11.61%
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 | 28.01% |
| 2026-02-28 | 26.39% |
| 2025-11-30 | 27.88% |
| 2025-08-31 | 31.97% |
| 2025-05-31 | 28.36% |
| 2025-02-28 | 27.24% |
| 2024-11-30 | 26.50% |
| 2024-08-31 | 30.44% |
| 2024-05-31 | 30.83% |
| 2024-02-29 | 30.53% |
| 2023-11-30 | 32.30% |
| 2023-08-31 | 49.87% |
| 2023-05-31 | 28.90% |
| 2023-02-28 | 34.07% |
| 2022-11-30 | 33.30% |
| 2022-08-31 | 34.23% |
| 2022-05-31 | 33.67% |
| 2022-02-28 | 31.01% |
| 2021-11-30 | 34.12% |
| 2021-08-31 | 35.52% |
| 2021-05-31 | 30.87% |
| 2021-02-28 | 33.96% |
| 2020-11-30 | 32.87% |
| 2020-08-31 | 28.22% |
| 2020-05-31 | 38.00% |
| 2020-02-29 | 33.07% |
| 2019-11-30 | 32.30% |
| 2019-08-31 | 34.14% |
| 2019-05-31 | 34.71% |
| 2019-02-28 | 32.91% |
| 2018-11-30 | 33.99% |
| 2018-08-31 | 27.50% |
| 2018-05-31 | 30.28% |
| 2018-02-28 | 61.61% |
| 2017-11-30 | 31.02% |
| 2017-08-31 | 33.85% |
| 2017-05-31 | 30.99% |
| 2017-02-28 | 30.57% |
| 2016-11-30 | 31.51% |
| 2016-08-31 | 30.39% |
| 2016-05-31 | 35.24% |
| 2016-02-29 | 31.65% |
| 2015-11-30 | 33.83% |
| 2015-08-31 | 33.26% |
| 2015-05-31 | 33.73% |
| 2015-02-28 | 35.27% |
| 2014-11-30 | 36.96% |
| 2014-08-31 | 32.11% |
| 2014-05-31 | 30.90% |
| 2014-02-28 | 28.22% |
| 2013-11-30 | 32.64% |
| 2013-08-31 | 33.90% |
| 2013-05-31 | 32.89% |
| 2013-02-28 | 29.46% |
| 2012-11-30 | 30.50% |
| 2012-08-31 | 34.16% |
| 2012-05-31 | 33.93% |
| 2012-02-29 | 32.75% |
| 2011-11-30 | 36.19% |
| 2011-08-31 | 29.87% |
| 2011-05-31 | 30.55% |
| 2011-02-28 | 30.84% |
| 2010-11-30 | 31.55% |
| 2010-08-31 | 30.76% |
| 2010-05-31 | 30.58% |
| 2010-02-28 | 31.08% |
| 2009-11-30 | 34.13% |
| 2009-08-31 | 11.75% |
| 2009-05-31 | 31.29% |
| 2009-02-28 | 24.16% |
| 2008-11-30 | 25.26% |
| 2008-08-31 | 7.02% |
| 2008-05-31 | 25.65% |
| 2008-02-29 | 8.44% |
| 2007-11-30 | 35.31% |
| 2007-08-31 | 111.13% |
| 2007-05-31 | 41.52% |
| 2007-02-28 | 32.31% |
| 2006-11-30 | 41.03% |
| 2006-08-31 | 87.38% |
| 2006-05-31 | 26.99% |
| 2006-02-28 | 37.70% |
| 2005-11-30 | 49.69% |
| 2005-08-31 | 318.49% |
| 2003-02-28 | 32.90% |
| 2002-11-30 | 34.42% |
| 2002-08-31 | -350.78% |
