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 24.21% is in line with its 5-year average of 23.45%, near the low end of its 5-year range (-18.47%–136.68%).
As of the fiscal period ended Friday, July 31, 2026. 142.45% above its 12-month average of 9.99%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.21%
TAX RATE AVG TTM
9.99%
TAX RATE AVG 3Y
32.93%
TAX RATE AVG 5Y
23.45%
TAX RATE AVG 10Y
26.79%
TAX RATE AVG 15Y
29.34%
TAX RATE AVG 20Y
30.44%
CURRENT VS TTM AVG
+142.45%
CURRENT VS 3Y AVG
-26.48%
CURRENT VS 5Y AVG
+3.25%
CURRENT VS 10Y AVG
-9.63%
CURRENT VS 15Y AVG
-17.47%
CURRENT VS 20Y AVG
-20.45%
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 | 24.21% |
| 2026-04-30 | -18.47% |
| 2025-10-31 | 24.21% |
| 2024-10-31 | 136.68% |
| 2024-07-31 | 24.80% |
| 2024-04-30 | 21.72% |
| 2024-01-31 | 38.41% |
| 2023-10-31 | 21.85% |
| 2023-07-31 | 22.99% |
| 2023-01-31 | 24.29% |
| 2022-10-31 | 24.44% |
| 2022-07-31 | 22.18% |
| 2022-04-30 | 22.33% |
| 2022-01-31 | 36.41% |
| 2021-10-31 | 23.36% |
| 2021-07-31 | 25.00% |
| 2021-04-30 | 23.95% |
| 2021-01-31 | 27.66% |
| 2020-10-31 | 23.95% |
| 2020-07-31 | 24.43% |
| 2020-04-30 | 24.16% |
| 2020-01-31 | 22.72% |
| 2019-10-31 | 24.33% |
| 2019-07-31 | 25.21% |
| 2019-04-30 | 29.83% |
| 2019-01-31 | 22.77% |
| 2018-10-31 | 30.03% |
| 2018-07-31 | 23.17% |
| 2018-04-30 | 29.64% |
| 2018-01-31 | -616.64% |
| 2017-10-31 | 33.31% |
| 2017-07-31 | 32.91% |
| 2017-04-30 | 31.81% |
| 2017-01-31 | 31.88% |
| 2016-10-31 | 33.22% |
| 2016-07-31 | 32.91% |
| 2016-04-30 | 9.13% |
| 2016-01-31 | 32.69% |
| 2015-10-31 | 34.72% |
| 2015-07-31 | 38.78% |
| 2015-01-31 | 32.51% |
| 2014-10-31 | 33.74% |
| 2014-07-31 | 33.90% |
| 2014-04-30 | 35.49% |
| 2014-01-31 | 32.37% |
| 2013-10-31 | 33.30% |
| 2013-07-31 | 33.19% |
| 2013-04-30 | 32.06% |
| 2013-01-31 | 34.10% |
| 2012-10-31 | 33.63% |
| 2012-07-31 | 33.71% |
| 2012-04-30 | 36.47% |
| 2012-01-31 | 34.07% |
| 2011-10-31 | 34.14% |
| 2011-07-31 | 33.15% |
| 2011-04-30 | 36.71% |
| 2011-01-31 | 32.58% |
| 2010-10-31 | 32.47% |
| 2010-07-31 | 31.30% |
| 2010-04-30 | 27.93% |
| 2010-01-31 | 31.29% |
| 2009-10-31 | 34.89% |
| 2009-07-31 | 35.16% |
| 2009-04-30 | 33.16% |
| 2009-01-31 | 31.84% |
| 2008-10-31 | 33.37% |
| 2008-07-31 | 33.34% |
| 2008-04-30 | 30.00% |
| 2008-01-31 | 31.79% |
| 2007-10-31 | 33.88% |
| 2007-07-31 | 36.13% |
| 2007-04-30 | 35.34% |
| 2007-01-31 | 33.12% |
| 2006-10-31 | 35.49% |
| 2006-07-31 | 35.00% |
| 2006-04-30 | 25.41% |
| 2006-01-31 | 36.84% |
| 2005-10-31 | 35.99% |
| 2005-07-31 | 34.41% |
| 2005-04-30 | 35.62% |
| 2005-01-31 | 36.01% |
| 2004-10-31 | 36.60% |
| 2004-07-31 | 36.60% |
| 2004-04-30 | 38.64% |
| 2004-01-31 | 36.95% |
| 2003-10-31 | 36.95% |
| 2003-07-31 | 37.50% |
| 2003-04-30 | 38.00% |
| 2003-01-31 | 38.00% |
| 2002-10-31 | 38.00% |
