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 11.59% is 52% below its 5-year average of 23.96%, near the low end of its 5-year range (3.04%–91.69%).
As of the fiscal period ended Sunday, May 31, 2026. 50.57% below its 12-month average of 23.45%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
11.59%
TAX RATE AVG TTM
23.45%
TAX RATE AVG 3Y
20.16%
TAX RATE AVG 5Y
18.41%
TAX RATE AVG 10Y
17.75%
TAX RATE AVG 15Y
22.51%
TAX RATE AVG 20Y
26.69%
CURRENT VS TTM AVG
-50.57%
CURRENT VS 3Y AVG
-42.49%
CURRENT VS 5Y AVG
-37.03%
CURRENT VS 10Y AVG
-34.69%
CURRENT VS 15Y AVG
-48.51%
CURRENT VS 20Y AVG
-56.57%
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 | 11.59% |
| 2026-02-28 | 36.02% |
| 2025-11-30 | 17.41% |
| 2025-08-31 | 37.91% |
| 2025-05-31 | 14.33% |
| 2024-11-30 | 6.61% |
| 2024-05-31 | 3.04% |
| 2024-02-29 | 17.90% |
| 2023-11-30 | 19.97% |
| 2023-08-31 | 17.36% |
| 2023-05-31 | 39.58% |
| 2023-02-28 | 12.95% |
| 2022-11-30 | 21.46% |
| 2022-05-31 | 23.90% |
| 2022-02-28 | 18.54% |
| 2021-11-30 | 17.12% |
| 2021-08-31 | 91.69% |
| 2021-02-28 | 19.51% |
| 2020-11-30 | 12.03% |
| 2020-08-31 | 20.60% |
| 2020-02-29 | 16.34% |
| 2019-02-28 | 18.35% |
| 2018-11-30 | 10.16% |
| 2018-08-31 | 15.68% |
| 2018-05-31 | 17.26% |
| 2018-02-28 | -56.34% |
| 2017-11-30 | 23.38% |
| 2017-08-31 | 20.50% |
| 2017-05-31 | 15.11% |
| 2017-02-28 | 25.97% |
| 2016-11-30 | 16.31% |
| 2016-08-31 | 31.66% |
| 2016-05-31 | 31.93% |
| 2016-02-29 | 29.95% |
| 2015-11-30 | 32.08% |
| 2015-08-31 | 24.20% |
| 2015-05-31 | 31.53% |
| 2015-02-28 | 22.75% |
| 2014-11-30 | 28.51% |
| 2014-08-31 | 32.18% |
| 2014-05-31 | 32.52% |
| 2014-02-28 | 34.61% |
| 2013-11-30 | 27.79% |
| 2013-08-31 | 4.12% |
| 2013-05-31 | 35.72% |
| 2013-02-28 | 23.50% |
| 2012-11-30 | 26.95% |
| 2012-08-31 | 14.95% |
| 2012-05-31 | 36.40% |
| 2012-02-29 | -27.95% |
| 2011-11-30 | 37.36% |
| 2011-08-31 | 2.34% |
| 2011-05-31 | 37.71% |
| 2011-02-28 | -161.50% |
| 2010-11-30 | 27.60% |
| 2010-08-31 | 38.85% |
| 2010-05-31 | 52.00% |
| 2009-11-30 | 58.08% |
| 2009-08-31 | 31.34% |
| 2009-05-31 | 91.78% |
| 2008-11-30 | 57.31% |
| 2008-08-31 | 308.26% |
| 2008-05-31 | 41.47% |
| 2007-11-30 | 37.09% |
| 2007-08-31 | 34.81% |
| 2007-05-31 | 53.65% |
| 2007-02-28 | 32.30% |
| 2006-11-30 | 37.72% |
| 2006-08-31 | 38.71% |
| 2006-05-31 | 41.80% |
| 2006-02-28 | 25.82% |
| 2005-11-30 | 39.39% |
| 2005-08-31 | 35.13% |
| 2005-05-31 | 17.71% |
| 2005-02-28 | 36.00% |
| 2004-11-30 | 36.00% |
| 2004-08-31 | 36.00% |
| 2004-05-31 | 36.00% |
| 2004-02-29 | 36.00% |
| 2003-11-30 | 36.00% |
| 2003-08-31 | 36.00% |
| 2003-05-31 | 36.00% |
| 2003-02-28 | 39.30% |
| 2002-11-30 | 39.30% |
| 2002-08-31 | 39.30% |
