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 23.50% is 22% above its 5-year average of 19.25%, around the middle of its 5-year range (14.53%–35.95%).
As of the fiscal period ended Friday, May 29, 2026. 15.19% above its 12-month average of 20.40%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.50%
TAX RATE AVG TTM
20.40%
TAX RATE AVG 3Y
19.13%
TAX RATE AVG 5Y
19.25%
TAX RATE AVG 10Y
16.50%
TAX RATE AVG 15Y
18.81%
TAX RATE AVG 20Y
19.43%
CURRENT VS TTM AVG
+15.19%
CURRENT VS 3Y AVG
+22.88%
CURRENT VS 5Y AVG
+22.11%
CURRENT VS 10Y AVG
+42.47%
CURRENT VS 15Y AVG
+24.93%
CURRENT VS 20Y AVG
+20.97%
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 |
|---|---|
| 2026-05-29 | 23.50% |
| 2026-02-27 | 22.01% |
| 2025-11-28 | 18.02% |
| 2025-08-29 | 18.98% |
| 2025-05-30 | 19.51% |
| 2025-02-28 | 17.00% |
| 2024-11-29 | 15.47% |
| 2024-08-30 | 17.53% |
| 2024-05-31 | 18.50% |
| 2024-03-01 | 35.95% |
| 2023-12-01 | 17.98% |
| 2023-09-01 | 19.51% |
| 2023-06-02 | 21.52% |
| 2023-03-03 | 21.96% |
| 2022-12-02 | 22.48% |
| 2022-09-02 | 21.98% |
| 2022-06-03 | 21.05% |
| 2022-03-04 | 17.95% |
| 2021-12-03 | 16.01% |
| 2021-09-03 | 14.53% |
| 2021-06-04 | 19.48% |
| 2021-03-05 | 12.00% |
| 2020-11-27 | -87.97% |
| 2020-08-28 | 9.91% |
| 2020-05-29 | -10.00% |
| 2020-02-28 | -3.92% |
| 2019-11-29 | 11.00% |
| 2019-08-30 | 5.00% |
| 2019-05-31 | 11.00% |
| 2019-03-01 | 4.00% |
| 2018-11-30 | 3.00% |
| 2018-08-31 | 5.00% |
| 2018-06-01 | 4.00% |
| 2018-03-02 | 17.00% |
| 2017-12-01 | 22.00% |
| 2017-09-01 | 22.50% |
| 2017-06-02 | 24.00% |
| 2017-03-03 | 13.50% |
| 2016-12-02 | 12.50% |
| 2016-09-02 | 24.00% |
| 2016-06-03 | 26.00% |
| 2016-03-04 | 13.00% |
| 2015-11-27 | 25.00% |
| 2015-08-28 | 25.00% |
| 2015-05-29 | 18.50% |
| 2015-02-27 | 48.00% |
| 2014-11-28 | 21.50% |
| 2014-08-29 | 29.00% |
| 2014-05-30 | 27.00% |
| 2014-02-28 | 27.50% |
| 2013-11-29 | 26.00% |
| 2013-08-30 | 11.00% |
| 2013-05-31 | 16.00% |
| 2013-03-01 | 22.00% |
| 2012-11-30 | 23.50% |
| 2012-08-31 | 23.50% |
| 2012-06-01 | 24.00% |
| 2012-03-02 | 31.50% |
| 2011-12-02 | 25.50% |
| 2011-09-02 | 24.00% |
| 2011-06-03 | 11.50% |
| 2011-03-04 | 18.00% |
| 2010-12-03 | 6.00% |
| 2010-09-03 | 22.47% |
| 2010-06-04 | 23.46% |
| 2010-03-05 | 23.50% |
| 2009-11-27 | 120.00% |
| 2009-08-28 | 22.00% |
| 2009-05-29 | 23.00% |
| 2009-02-27 | 23.00% |
| 2008-11-28 | 11.01% |
| 2008-08-29 | 16.15% |
| 2008-05-08 | 22.70% |
| 2008-02-29 | 25.80% |
| 2007-11-30 | 23.56% |
| 2007-08-31 | 25.90% |
| 2007-06-01 | 25.65% |
| 2007-03-02 | 17.52% |
| 2006-12-01 | 26.10% |
| 2006-09-01 | 23.26% |
| 2006-06-02 | 25.17% |
| 2006-03-03 | 27.16% |
| 2005-12-02 | 24.60% |
| 2005-09-02 | 25.29% |
| 2005-06-03 | 20.25% |
| 2005-03-04 | 14.08% |
| 2004-12-03 | 26.00% |
| 2004-09-03 | 26.00% |
| 2004-06-04 | 26.00% |
| 2004-03-05 | 26.00% |
| 2003-11-28 | 30.00% |
| 2003-08-29 | 30.00% |
| 2003-05-30 | 30.00% |
| 2003-02-28 | 30.00% |
| 2002-11-29 | 35.52% |
| 2002-08-30 | 32.00% |
