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 15.42% is 24% below its 5-year average of 20.35%, near the low end of its 5-year range (8.13%–187.71%).
As of the fiscal period ended Thursday, April 30, 2026. 11.12% below its 12-month average of 17.35%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
15.42%
TAX RATE AVG TTM
17.35%
TAX RATE AVG 3Y
20.25%
TAX RATE AVG 5Y
20.35%
TAX RATE AVG 10Y
20.18%
TAX RATE AVG 15Y
18.51%
TAX RATE AVG 20Y
18.61%
CURRENT VS TTM AVG
-11.12%
CURRENT VS 3Y AVG
-23.86%
CURRENT VS 5Y AVG
-24.21%
CURRENT VS 10Y AVG
-23.60%
CURRENT VS 15Y AVG
-16.71%
CURRENT VS 20Y AVG
-17.13%
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 | 15.42% |
| 2026-01-31 | 21.81% |
| 2025-10-31 | 20.04% |
| 2025-07-31 | 21.34% |
| 2025-04-30 | 8.13% |
| 2025-01-31 | 19.99% |
| 2024-10-31 | 12.81% |
| 2024-07-31 | 187.71% |
| 2024-04-30 | 23.52% |
| 2024-01-31 | 19.11% |
| 2023-10-31 | 18.70% |
| 2023-07-31 | 20.69% |
| 2023-04-30 | 21.89% |
| 2023-01-31 | 42.01% |
| 2022-10-31 | 16.89% |
| 2022-07-31 | 19.27% |
| 2022-04-30 | 21.73% |
| 2022-01-31 | 21.93% |
| 2021-10-31 | 20.37% |
| 2021-07-31 | 21.46% |
| 2021-04-30 | 21.69% |
| 2021-01-31 | 21.02% |
| 2020-10-31 | -4.40% |
| 2020-07-31 | 18.82% |
| 2020-04-30 | 16.47% |
| 2020-01-31 | 19.14% |
| 2019-10-31 | 20.18% |
| 2019-07-31 | 21.63% |
| 2019-04-30 | 21.01% |
| 2019-01-31 | 19.41% |
| 2018-10-31 | 20.23% |
| 2018-07-31 | 19.69% |
| 2018-04-30 | 21.13% |
| 2018-01-31 | 32.04% |
| 2017-10-31 | 19.70% |
| 2017-07-31 | 22.31% |
| 2017-04-30 | 9.70% |
| 2017-01-31 | 19.76% |
| 2016-10-31 | 20.08% |
| 2016-07-31 | 20.48% |
| 2016-04-30 | 19.34% |
| 2016-01-31 | 20.53% |
| 2015-10-31 | 13.02% |
| 2015-07-31 | 18.75% |
| 2015-04-30 | 16.26% |
| 2015-01-31 | 17.50% |
| 2014-10-31 | 18.23% |
| 2014-07-31 | 13.98% |
| 2014-04-30 | 18.98% |
| 2014-01-31 | 15.67% |
| 2013-10-31 | 13.48% |
| 2013-07-31 | 14.67% |
| 2013-04-30 | 14.83% |
| 2013-01-31 | 17.23% |
| 2012-10-31 | 10.36% |
| 2012-07-31 | 15.06% |
| 2012-04-30 | 17.64% |
| 2012-01-31 | 16.10% |
| 2011-10-31 | 17.36% |
| 2011-07-31 | 19.71% |
| 2011-04-30 | 18.61% |
| 2011-01-31 | 18.56% |
| 2010-10-31 | 27.70% |
| 2010-07-31 | 21.54% |
| 2010-04-30 | 21.26% |
| 2010-01-31 | 17.54% |
| 2009-10-31 | 11.98% |
| 2009-07-31 | 19.62% |
| 2009-04-30 | -1.59% |
| 2009-01-31 | -18.40% |
| 2008-10-31 | 0.87% |
| 2008-07-31 | 10.90% |
| 2008-04-30 | 15.79% |
| 2008-01-31 | 19.50% |
| 2007-10-31 | 12.32% |
| 2007-07-31 | 18.36% |
| 2007-04-30 | 21.04% |
| 2007-01-31 | 19.11% |
| 2006-10-31 | 18.65% |
| 2006-07-31 | 22.81% |
| 2006-04-30 | 24.89% |
| 2006-01-31 | 8.69% |
| 2005-10-31 | 30.05% |
| 2005-07-31 | 2.89% |
| 2005-04-30 | 26.20% |
| 2005-01-31 | 25.95% |
| 2004-10-31 | 17.23% |
| 2004-07-31 | 23.97% |
| 2004-04-30 | 23.41% |
| 2004-01-31 | 36.13% |
| 2003-10-31 | 12.47% |
| 2003-07-31 | 20.54% |
| 2003-01-31 | 25.73% |
