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 21.20% is in line with its 5-year average of 19.63%, near the high end of its 5-year range (11.05%–22.81%).
As of the fiscal period ended Sunday, May 31, 2026. 3.28% above its 12-month average of 20.52%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.20%
TAX RATE AVG TTM
20.52%
TAX RATE AVG 3Y
20.95%
TAX RATE AVG 5Y
20.06%
TAX RATE AVG 10Y
19.81%
TAX RATE AVG 15Y
26.54%
TAX RATE AVG 20Y
29.39%
CURRENT VS TTM AVG
+3.28%
CURRENT VS 3Y AVG
+1.16%
CURRENT VS 5Y AVG
+5.67%
CURRENT VS 10Y AVG
+6.97%
CURRENT VS 15Y AVG
-20.14%
CURRENT VS 20Y AVG
-27.88%
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 |
|---|---|
| 2026-05-31 | 21.20% |
| 2026-02-28 | 20.55% |
| 2025-11-30 | 21.19% |
| 2025-08-31 | 17.58% |
| 2025-05-31 | 22.10% |
| 2025-02-28 | 20.96% |
| 2024-11-30 | 20.72% |
| 2024-08-31 | 15.77% |
| 2024-05-31 | 21.40% |
| 2024-02-29 | 19.88% |
| 2023-11-30 | 20.94% |
| 2023-08-31 | 19.17% |
| 2023-05-31 | 22.35% |
| 2023-02-28 | 22.12% |
| 2022-11-30 | 22.11% |
| 2022-08-31 | 14.75% |
| 2022-05-31 | 22.81% |
| 2022-02-28 | 18.20% |
| 2021-11-30 | 18.01% |
| 2021-08-31 | 11.05% |
| 2021-05-31 | 19.36% |
| 2021-02-28 | 14.44% |
| 2020-11-30 | 13.29% |
| 2020-08-31 | 7.75% |
| 2020-05-31 | 20.42% |
| 2020-02-29 | 18.87% |
| 2019-11-30 | 20.13% |
| 2019-08-31 | 10.10% |
| 2019-05-31 | 21.71% |
| 2019-02-28 | 20.13% |
| 2018-11-30 | 24.19% |
| 2018-08-31 | 11.96% |
| 2018-05-31 | 21.47% |
| 2018-02-28 | -69.50% |
| 2017-11-30 | 33.26% |
| 2017-08-31 | 26.46% |
| 2017-05-31 | 37.77% |
| 2017-02-28 | 34.45% |
| 2016-11-30 | 34.89% |
| 2016-08-31 | 28.40% |
| 2016-05-31 | 37.06% |
| 2016-02-29 | 33.79% |
| 2015-11-30 | 37.35% |
| 2015-08-31 | 37.24% |
| 2015-05-31 | 37.61% |
| 2015-02-28 | 36.23% |
| 2014-11-30 | 37.41% |
| 2014-08-31 | 37.38% |
| 2014-05-31 | 40.52% |
| 2014-02-28 | 36.76% |
| 2013-11-30 | 37.86% |
| 2013-08-31 | 37.10% |
| 2013-05-31 | 37.43% |
| 2013-02-28 | 36.07% |
| 2012-11-30 | 36.50% |
| 2012-08-31 | 37.50% |
| 2012-05-31 | 36.24% |
| 2012-02-29 | 37.00% |
| 2011-11-30 | 35.55% |
| 2011-08-31 | 38.50% |
| 2011-05-31 | 39.46% |
| 2011-02-28 | 38.87% |
| 2010-11-30 | 38.32% |
| 2010-08-31 | 30.80% |
| 2010-05-31 | 38.15% |
| 2010-02-28 | 32.77% |
| 2009-11-30 | 39.25% |
| 2009-08-31 | 38.10% |
| 2009-05-31 | 58.77% |
| 2009-02-28 | 33.16% |
| 2008-11-30 | 39.35% |
| 2008-08-31 | 37.50% |
| 2008-05-31 | 36.52% |
| 2008-02-29 | 35.02% |
| 2007-11-30 | 38.28% |
| 2007-08-31 | 37.30% |
| 2007-05-31 | 37.31% |
| 2007-02-28 | 37.34% |
| 2006-11-30 | 37.28% |
| 2006-08-31 | 37.27% |
| 2006-05-31 | 37.30% |
| 2006-02-28 | 37.50% |
| 2005-11-30 | 37.32% |
| 2005-08-31 | 37.09% |
| 2005-05-31 | 36.99% |
| 2005-02-28 | 36.98% |
| 2004-11-30 | 37.03% |
| 2004-08-31 | 36.99% |
| 2004-05-31 | 37.01% |
| 2004-02-29 | 37.00% |
| 2003-11-30 | 37.00% |
| 2003-08-31 | 36.99% |
| 2003-05-31 | 37.10% |
| 2003-02-28 | 36.92% |
| 2002-11-30 | 37.02% |
| 2002-08-31 | 37.03% |
