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 17.03% is 23% below its 5-year average of 22.11%, around the middle of its 5-year range (-5.78%–35.04%).
As of the fiscal period ended Friday, July 31, 2026. 30.27% below its 12-month average of 24.42%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2027 (2026-07-31): 17.03%.
TAX RATE
17.03%
TAX RATE AVG TTM
24.42%
TAX RATE AVG 3Y
22.36%
TAX RATE AVG 5Y
22.11%
TAX RATE AVG 10Y
23.13%
TAX RATE AVG 15Y
21.47%
TAX RATE AVG 20Y
21.14%
CURRENT VS TTM AVG
-30.27%
CURRENT VS 3Y AVG
-23.82%
CURRENT VS 5Y AVG
-22.96%
CURRENT VS 10Y AVG
-26.36%
CURRENT VS 15Y AVG
-20.67%
CURRENT VS 20Y AVG
-19.42%
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 | 17.03% |
| 2026-04-30 | 18.03% |
| 2026-01-31 | 28.99% |
| 2025-10-31 | 26.71% |
| 2025-07-31 | 31.36% |
| 2025-04-30 | 35.04% |
| 2025-01-31 | 18.55% |
| 2024-10-31 | 21.65% |
| 2024-07-31 | 19.89% |
| 2024-04-30 | 18.45% |
| 2024-01-31 | 16.32% |
| 2023-10-31 | 24.69% |
| 2023-07-31 | 13.95% |
| 2023-04-30 | 27.15% |
| 2023-01-31 | -5.78% |
| 2022-10-31 | 18.18% |
| 2022-07-31 | 19.83% |
| 2022-04-30 | 25.13% |
| 2022-01-31 | 16.81% |
| 2021-10-31 | 27.13% |
| 2021-07-31 | 17.27% |
| 2021-04-30 | -19.08% |
| 2021-01-31 | -432.61% |
| 2020-10-31 | 15.31% |
| 2020-07-31 | 23.88% |
| 2020-04-30 | 26.52% |
| 2020-01-31 | -6.89% |
| 2019-10-31 | 30.81% |
| 2019-07-31 | 39.55% |
| 2019-04-30 | 381.40% |
| 2019-01-31 | -96.06% |
| 2018-10-31 | 306.09% |
| 2015-04-30 | 12.39% |
| 2014-10-31 | 7.76% |
| 2014-07-31 | 27.04% |
| 2014-04-30 | 20.51% |
| 2014-01-31 | 4.26% |
| 2013-10-31 | 16.76% |
| 2013-07-31 | 24.57% |
| 2013-04-30 | 23.42% |
| 2013-01-31 | 13.47% |
| 2012-10-31 | 14.29% |
| 2012-07-31 | 29.86% |
| 2012-04-30 | 19.08% |
| 2012-01-31 | 22.50% |
| 2011-10-31 | 20.26% |
| 2011-07-31 | 24.42% |
| 2011-04-30 | 17.99% |
| 2011-01-31 | 15.62% |
| 2010-10-31 | 25.24% |
| 2010-07-31 | 25.03% |
| 2010-04-30 | 22.15% |
| 2010-01-31 | 14.65% |
| 2009-10-31 | 7.81% |
| 2009-07-31 | 21.64% |
| 2008-10-31 | 23.27% |
| 2008-07-31 | 28.22% |
| 2008-04-30 | 25.39% |
| 2008-01-31 | 26.28% |
| 2007-10-31 | 22.91% |
| 2007-07-31 | 22.31% |
| 2007-04-30 | 25.09% |
| 2007-01-31 | 22.38% |
| 2006-10-31 | 22.25% |
| 2006-07-31 | 17.25% |
| 2006-04-30 | 22.77% |
| 2006-01-31 | 18.19% |
| 2005-10-31 | 2.74% |
| 2005-07-31 | 18.58% |
| 2005-04-30 | 18.75% |
| 2005-01-31 | 20.00% |
| 2004-10-31 | -30.73% |
| 2004-07-31 | 23.99% |
| 2004-04-30 | 24.01% |
| 2004-01-31 | 13.46% |
| 2003-10-31 | 24.00% |
| 2003-07-31 | -91.65% |
| 2003-04-30 | 24.00% |
| 2003-01-31 | -80.80% |
