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 28.45% is 11% above its 5-year average of 25.60%, around the middle of its 5-year range (-1.89%–50.26%).
As of the fiscal period ended Friday, July 31, 2026. 11.26% below its 12-month average of 32.06%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-07-31): 28.45%.
TAX RATE
28.45%
TAX RATE AVG TTM
32.06%
TAX RATE AVG 3Y
30.94%
TAX RATE AVG 5Y
25.60%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-11.26%
CURRENT VS 3Y AVG
-8.05%
CURRENT VS 5Y AVG
+11.16%
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 | 28.45% |
| 2026-04-30 | 34.41% |
| 2025-10-31 | 38.89% |
| 2025-07-31 | 26.49% |
| 2024-10-31 | 29.02% |
| 2024-07-31 | 28.95% |
| 2024-04-30 | 41.71% |
| 2023-10-31 | 26.26% |
| 2023-07-31 | 24.30% |
| 2023-04-30 | 20.77% |
| 2023-01-31 | 9.05% |
| 2022-10-31 | 26.37% |
| 2022-07-31 | 13.53% |
| 2022-04-30 | 8.09% |
| 2022-01-31 | -1.89% |
| 2021-10-31 | 50.26% |
| 2021-07-31 | 26.26% |
| 2019-07-31 | -228.81% |
| 2018-10-31 | 37.91% |
| 2018-09-30 | 26.06% |
| 2018-06-30 | 20.79% |
| 2018-03-31 | 337.42% |
| 2017-12-31 | 45.49% |
| 2017-09-30 | 34.78% |
