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 28.42% is 23% above its 5-year average of 23.05%, near the high end of its 5-year range (11.68%–30.80%).
As of the fiscal period ended Thursday, April 30, 2026. 25.81% above its 12-month average of 22.59%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.42%
TAX RATE AVG TTM
22.59%
TAX RATE AVG 3Y
23.81%
TAX RATE AVG 5Y
23.69%
TAX RATE AVG 10Y
25.31%
TAX RATE AVG 15Y
27.50%
TAX RATE AVG 20Y
28.94%
CURRENT VS TTM AVG
+25.81%
CURRENT VS 3Y AVG
+19.39%
CURRENT VS 5Y AVG
+19.99%
CURRENT VS 10Y AVG
+12.31%
CURRENT VS 15Y AVG
+3.36%
CURRENT VS 20Y AVG
-1.79%
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 | 28.42% |
| 2026-01-31 | 30.25% |
| 2025-10-31 | 28.68% |
| 2025-07-31 | 11.68% |
| 2025-04-30 | 13.92% |
| 2024-07-31 | 27.99% |
| 2024-04-30 | 20.21% |
| 2024-01-31 | 22.74% |
| 2023-10-31 | 24.18% |
| 2023-07-31 | 30.80% |
| 2023-04-30 | 22.98% |
| 2023-01-31 | 21.13% |
| 2022-10-31 | 23.34% |
| 2022-07-31 | 16.72% |
| 2022-04-30 | 25.17% |
| 2022-01-31 | 23.28% |
| 2021-10-31 | 21.75% |
| 2021-07-31 | 23.31% |
| 2021-04-30 | 21.47% |
| 2021-01-31 | 19.99% |
| 2020-10-31 | 20.97% |
| 2020-07-31 | 19.19% |
| 2020-04-30 | -7.32% |
| 2020-01-31 | 22.48% |
| 2019-10-31 | 24.46% |
| 2019-07-31 | 15.73% |
| 2019-04-30 | 24.29% |
| 2019-01-31 | 389.22% |
| 2018-10-31 | 55.73% |
| 2018-07-31 | 29.07% |
| 2018-04-30 | 25.89% |
| 2018-01-31 | 43.46% |
| 2017-10-31 | 31.37% |
| 2017-07-31 | 32.12% |
| 2017-04-30 | 33.07% |
| 2017-01-31 | 34.14% |
| 2016-10-31 | 32.00% |
| 2016-07-31 | 32.89% |
| 2016-04-30 | 31.90% |
| 2016-01-31 | 31.33% |
| 2015-10-31 | 34.70% |
| 2015-07-31 | 29.24% |
| 2015-04-30 | 32.79% |
| 2015-01-31 | 31.42% |
| 2014-10-31 | 30.87% |
| 2014-07-31 | 27.20% |
| 2014-04-30 | 33.38% |
| 2014-01-31 | 27.96% |
| 2013-10-31 | 33.15% |
| 2013-07-31 | 33.33% |
| 2013-04-30 | 30.13% |
| 2013-01-31 | 22.07% |
| 2012-10-31 | 34.91% |
| 2012-07-31 | 29.95% |
| 2012-04-30 | 32.47% |
| 2012-01-31 | 36.36% |
| 2011-10-31 | 35.47% |
| 2011-07-31 | 31.87% |
| 2011-04-30 | 30.20% |
| 2011-01-31 | 22.94% |
| 2010-10-31 | 29.89% |
| 2010-07-31 | 35.23% |
| 2010-04-30 | 34.66% |
| 2010-01-31 | 38.07% |
| 2009-10-31 | 37.11% |
| 2009-07-31 | 26.08% |
| 2009-04-30 | 54.02% |
| 2008-10-31 | 37.94% |
| 2008-07-31 | 59.28% |
| 2008-04-30 | 37.18% |
| 2008-01-31 | 38.64% |
| 2007-10-31 | 36.82% |
| 2007-07-31 | 25.66% |
| 2007-04-30 | 34.08% |
| 2007-01-31 | 30.45% |
| 2006-10-31 | 37.55% |
| 2006-07-31 | 34.33% |
| 2006-04-30 | 36.19% |
| 2006-01-31 | 37.09% |
| 2005-10-31 | 37.55% |
| 2005-07-31 | 36.98% |
| 2005-04-30 | 36.82% |
| 2005-01-31 | 37.29% |
| 2004-10-31 | 37.39% |
| 2004-07-31 | 33.13% |
| 2004-04-30 | 39.00% |
| 2004-01-31 | 36.12% |
| 2003-10-31 | 39.35% |
| 2003-07-31 | 35.92% |
| 2003-04-30 | 39.50% |
| 2003-01-31 | 35.24% |
| 2002-10-31 | 39.50% |
| 2002-07-31 | 38.28% |
