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 6.56% is 47% below its 5-year average of 12.34%, near the low end of its 5-year range (-5.60%–41.14%).
As of the fiscal period ended Thursday, July 31, 2025. 1278.01% above its 12-month average of 0.48%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2025 (2025-07-31): 6.56%.
TAX RATE
6.56%
TAX RATE AVG TTM
0.48%
TAX RATE AVG 3Y
0.48%
TAX RATE AVG 5Y
12.34%
TAX RATE AVG 10Y
23.57%
TAX RATE AVG 15Y
30.05%
TAX RATE AVG 20Y
32.85%
CURRENT VS TTM AVG
+1278.01%
CURRENT VS 3Y AVG
+1278.01%
CURRENT VS 5Y AVG
-46.88%
CURRENT VS 10Y AVG
-72.19%
CURRENT VS 15Y AVG
-78.18%
CURRENT VS 20Y AVG
-80.04%
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 |
|---|---|
| 2025-07-31 | 6.56% |
| 2025-04-30 | -5.60% |
| 2021-07-31 | 7.28% |
| 2021-04-30 | 28.52% |
| 2021-01-31 | -3.83% |
| 2020-07-31 | 41.14% |
| 2020-01-31 | 24.22% |
| 2019-10-31 | 15.20% |
| 2019-07-31 | 25.30% |
| 2019-04-30 | 16.89% |
| 2019-01-31 | 23.25% |
| 2018-10-31 | -158.61% |
| 2018-07-31 | 44.08% |
| 2018-04-30 | 27.22% |
| 2018-01-31 | -553.44% |
| 2017-07-31 | 39.85% |
| 2017-04-30 | 39.50% |
| 2017-01-31 | 34.61% |
| 2016-07-31 | 16.66% |
| 2016-01-31 | 23.25% |
| 2015-10-31 | 34.74% |
| 2015-07-31 | 32.62% |
| 2015-04-30 | 31.06% |
| 2015-01-31 | 28.74% |
| 2014-10-31 | 35.00% |
| 2014-07-31 | 32.99% |
| 2014-04-30 | 33.47% |
| 2014-01-31 | 36.36% |
| 2013-10-31 | 36.50% |
| 2013-07-31 | 36.07% |
| 2013-04-30 | 22.27% |
| 2013-01-31 | 44.12% |
| 2012-10-31 | 35.50% |
| 2012-07-31 | 35.45% |
| 2012-04-30 | 30.63% |
| 2012-01-31 | 34.63% |
| 2011-10-31 | 10.69% |
| 2011-07-31 | 37.27% |
| 2011-04-30 | 29.92% |
| 2011-01-31 | 32.37% |
| 2010-11-02 | 33.73% |
| 2010-07-31 | 44.11% |
| 2010-04-30 | 36.57% |
| 2010-01-31 | 36.22% |
| 2009-10-31 | 31.76% |
| 2009-07-31 | 33.63% |
| 2009-04-30 | 28.91% |
| 2009-01-31 | 32.51% |
| 2008-10-31 | 38.70% |
| 2008-07-31 | 36.33% |
| 2008-04-30 | 36.13% |
| 2008-01-31 | 34.48% |
| 2007-10-31 | 34.49% |
| 2007-07-31 | 34.45% |
| 2007-04-30 | 28.97% |
| 2007-01-31 | 29.95% |
| 2006-10-31 | 38.00% |
| 2006-07-31 | 36.50% |
| 2006-04-30 | 37.04% |
| 2006-01-31 | 34.05% |
| 2005-10-31 | 36.00% |
| 2005-07-31 | 34.59% |
| 2005-04-30 | 25.40% |
| 2005-01-31 | 32.00% |
| 2004-10-31 | 32.00% |
| 2004-07-31 | 31.99% |
| 2004-04-30 | 32.01% |
| 2004-01-31 | 31.99% |
| 2003-10-31 | 32.00% |
| 2003-07-31 | 32.00% |
| 2003-04-30 | 32.00% |
| 2003-01-31 | 32.00% |
| 2002-10-31 | 32.00% |