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 21.12% is in line with its 5-year average of 20.43%, around the middle of its 5-year range (17.40%–22.98%).
As of the fiscal period ended Saturday, May 9, 2026. 2.47% above its 12-month average of 20.61%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.12%
TAX RATE AVG TTM
20.61%
TAX RATE AVG 3Y
20.60%
TAX RATE AVG 5Y
20.43%
TAX RATE AVG 10Y
20.97%
TAX RATE AVG 15Y
27.29%
TAX RATE AVG 20Y
29.59%
CURRENT VS TTM AVG
+2.47%
CURRENT VS 3Y AVG
+2.52%
CURRENT VS 5Y AVG
+3.38%
CURRENT VS 10Y AVG
+0.72%
CURRENT VS 15Y AVG
-22.61%
CURRENT VS 20Y AVG
-28.62%
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 |
|---|---|
| 2026-05-09 | 21.12% |
| 2026-02-14 | 20.70% |
| 2025-11-22 | 21.70% |
| 2025-08-30 | 20.14% |
| 2025-05-10 | 19.40% |
| 2025-02-15 | 18.40% |
| 2024-11-23 | 22.98% |
| 2024-08-31 | 21.10% |
| 2024-05-04 | 18.10% |
| 2024-02-10 | 19.60% |
| 2023-11-18 | 21.63% |
| 2023-08-26 | 22.35% |
| 2023-05-06 | 17.40% |
| 2023-02-11 | 21.15% |
| 2022-11-19 | 18.94% |
| 2022-08-27 | 22.10% |
| 2022-05-07 | 20.33% |
| 2022-02-12 | 19.26% |
| 2021-11-20 | 21.93% |
| 2021-08-28 | 20.30% |
| 2021-05-08 | 21.40% |
| 2021-02-13 | 20.61% |
| 2020-11-21 | 22.25% |
| 2020-08-29 | 22.25% |
| 2020-05-09 | 22.81% |
| 2020-02-15 | 17.69% |
| 2019-11-23 | 23.22% |
| 2019-08-31 | 21.45% |
| 2019-05-04 | 19.50% |
| 2019-02-09 | 17.85% |
| 2018-11-17 | 21.70% |
| 2018-08-25 | 25.45% |
| 2018-05-05 | 27.21% |
| 2018-02-10 | -74.67% |
| 2017-11-18 | 34.63% |
| 2017-08-26 | 33.88% |
| 2017-05-06 | 32.84% |
| 2017-02-11 | 32.20% |
| 2016-11-19 | 34.65% |
| 2016-08-27 | 35.10% |
| 2016-05-07 | 34.80% |
| 2016-02-13 | 34.65% |
| 2015-11-21 | 35.95% |
| 2015-08-29 | 35.53% |
| 2015-05-09 | 35.90% |
| 2015-02-14 | 35.20% |
| 2014-11-22 | 35.85% |
| 2014-08-30 | 35.66% |
| 2014-05-10 | 35.60% |
| 2014-02-15 | 35.26% |
| 2013-11-23 | 36.10% |
| 2013-08-31 | 35.48% |
| 2013-05-04 | 35.84% |
| 2013-02-09 | 36.20% |
| 2012-11-17 | 36.85% |
| 2012-08-25 | 35.50% |
| 2012-05-05 | 35.85% |
| 2012-02-11 | 36.22% |
| 2011-11-19 | 36.68% |
| 2011-08-27 | 35.88% |
| 2011-05-07 | 35.59% |
| 2011-02-12 | 36.23% |
| 2010-11-20 | 36.00% |
| 2010-08-28 | 36.47% |
| 2010-05-08 | 36.45% |
| 2010-02-13 | 36.45% |
| 2009-11-21 | 36.05% |
| 2009-08-29 | 36.15% |
| 2009-05-09 | 36.55% |
| 2009-02-14 | 36.61% |
| 2008-11-22 | 36.65% |
| 2008-08-30 | 36.20% |
| 2008-05-03 | 35.96% |
| 2008-02-09 | 36.60% |
| 2007-11-17 | 36.69% |
| 2007-08-25 | 36.18% |
| 2007-05-05 | 36.27% |
| 2007-02-10 | 36.45% |
| 2006-11-18 | 36.76% |
| 2006-08-26 | 36.89% |
| 2006-05-06 | 36.72% |
| 2006-02-11 | 37.00% |
| 2005-11-19 | 37.00% |
| 2005-08-27 | 35.11% |
| 2005-05-07 | 37.17% |
| 2005-02-12 | 24.77% |
| 2004-11-20 | 37.01% |
| 2004-08-28 | 37.50% |
| 2004-05-08 | 37.49% |
| 2004-02-14 | 37.48% |
| 2003-11-22 | 37.52% |
| 2003-08-30 | 37.78% |
| 2003-05-10 | 37.80% |
| 2003-02-15 | 38.00% |
| 2002-11-23 | 38.00% |
| 2002-08-31 | 38.02% |