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 23.80% is in line with its 5-year average of 24.11%, around the middle of its 5-year range (22.78%–24.62%).
As of the fiscal period ended Saturday, May 2, 2026. 2.07% below its 12-month average of 24.31%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.80%
TAX RATE AVG TTM
24.31%
TAX RATE AVG 3Y
24.29%
TAX RATE AVG 5Y
24.31%
TAX RATE AVG 10Y
23.91%
TAX RATE AVG 15Y
29.67%
TAX RATE AVG 20Y
32.03%
CURRENT VS TTM AVG
-2.07%
CURRENT VS 3Y AVG
-1.98%
CURRENT VS 5Y AVG
-2.09%
CURRENT VS 10Y AVG
-0.43%
CURRENT VS 15Y AVG
-19.77%
CURRENT VS 20Y AVG
-25.67%
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 |
|---|---|
| 2026-05-02 | 23.80% |
| 2026-01-31 | 24.45% |
| 2025-11-01 | 24.13% |
| 2025-08-02 | 24.53% |
| 2025-05-03 | 24.62% |
| 2025-01-31 | 24.13% |
| 2024-11-02 | 24.36% |
| 2024-08-03 | 24.32% |
| 2024-05-04 | 23.23% |
| 2024-01-31 | 24.22% |
| 2023-10-28 | 24.34% |
| 2023-07-29 | 24.23% |
| 2023-04-29 | 22.78% |
| 2023-01-31 | 24.61% |
| 2022-10-29 | 24.30% |
| 2022-07-30 | 24.48% |
| 2022-04-30 | 24.22% |
| 2022-01-31 | 22.87% |
| 2021-10-30 | 24.15% |
| 2021-07-31 | 24.40% |
| 2021-05-01 | 24.49% |
| 2021-01-31 | 23.37% |
| 2020-10-31 | 25.12% |
| 2020-08-01 | 20.58% |
| 2020-01-31 | 22.72% |
| 2019-11-02 | 23.08% |
| 2019-08-03 | 23.10% |
| 2019-05-04 | 19.77% |
| 2019-01-31 | 24.01% |
| 2018-11-03 | 23.08% |
| 2018-08-04 | 23.92% |
| 2018-05-05 | 22.15% |
| 2018-01-31 | 18.29% |
| 2017-10-28 | 35.79% |
| 2017-07-29 | 36.68% |
| 2017-04-29 | 32.06% |
| 2017-01-31 | 37.50% |
| 2016-10-29 | 37.40% |
| 2016-07-30 | 37.50% |
| 2016-04-30 | 37.63% |
| 2016-01-31 | 36.48% |
| 2015-10-31 | 36.00% |
| 2015-08-01 | 37.53% |
| 2015-05-02 | 37.95% |
| 2015-01-31 | 36.63% |
| 2014-11-01 | 37.33% |
| 2014-08-02 | 38.08% |
| 2014-05-03 | 38.39% |
| 2014-01-31 | 38.11% |
| 2013-11-02 | 37.68% |
| 2013-08-03 | 38.38% |
| 2013-05-04 | 38.24% |
| 2013-01-31 | 37.80% |
| 2012-10-27 | 37.73% |
| 2012-07-28 | 38.98% |
| 2012-04-28 | 39.28% |
| 2012-01-31 | 36.72% |
| 2011-10-29 | 39.24% |
| 2011-07-30 | 39.50% |
| 2011-04-30 | 40.09% |
| 2011-01-31 | 38.34% |
| 2010-10-30 | 40.94% |
| 2010-07-31 | 40.74% |
| 2010-05-01 | 41.15% |
| 2010-01-31 | 40.21% |
| 2009-10-31 | 40.63% |
| 2009-08-01 | 40.05% |
| 2009-05-02 | 40.60% |
| 2009-01-31 | 40.11% |
| 2008-11-01 | 40.85% |
| 2008-08-02 | 40.43% |
| 2008-05-03 | 40.37% |
| 2008-01-31 | 40.50% |
| 2007-11-03 | 36.93% |
| 2007-07-31 | 41.45% |
| 2007-04-30 | 40.09% |
