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 22.68% is in line with its 5-year average of 21.17%, near the high end of its 5-year range (-254.17%–64.27%).
As of the fiscal period ended Friday, July 31, 2026. 5.57% above its 12-month average of 21.49%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.68%
TAX RATE AVG TTM
21.49%
TAX RATE AVG 3Y
22.23%
TAX RATE AVG 5Y
21.17%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+5.57%
CURRENT VS 3Y AVG
+2.02%
CURRENT VS 5Y AVG
+7.17%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 | 22.68% |
| 2026-04-30 | 19.93% |
| 2026-01-31 | 21.95% |
| 2025-10-31 | 22.88% |
| 2025-07-31 | 19.99% |
| 2025-04-30 | 19.37% |
| 2025-01-31 | 18.31% |
| 2024-10-31 | 26.16% |
| 2024-07-31 | 25.22% |
| 2024-04-30 | 25.91% |
| 2024-01-31 | 15.32% |
| 2023-10-31 | 24.01% |
| 2023-07-31 | 27.32% |
| 2023-04-30 | 64.27% |
| 2022-10-31 | 11.68% |
| 2022-07-31 | 49.39% |
| 2022-04-30 | 20.89% |
| 2022-01-31 | -254.17% |
| 2021-10-31 | 17.04% |
| 2021-07-31 | 2.10% |
| 2021-04-30 | 0.61% |
| 2021-01-31 | 1.53% |
| 2020-10-31 | -2.38% |
| 2020-07-31 | 2.21% |
| 2020-04-30 | 7.20% |
| 2020-01-31 | -5.46% |
| 2019-10-31 | 12.61% |
| 2019-07-31 | 18.00% |
| 2019-04-30 | 12.49% |
| 2019-01-31 | 6.36% |
| 2018-07-31 | 3.56% |
