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 17.78% is in line with its 5-year average of 16.69%, near the low end of its 5-year range (9.85%–39.32%).
As of the fiscal period ended Sunday, May 31, 2026. 2.40% below its 12-month average of 18.22%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
17.78%
TAX RATE AVG TTM
18.22%
TAX RATE AVG 3Y
17.19%
TAX RATE AVG 5Y
15.56%
TAX RATE AVG 10Y
16.22%
TAX RATE AVG 15Y
21.65%
TAX RATE AVG 20Y
24.23%
CURRENT VS TTM AVG
-2.40%
CURRENT VS 3Y AVG
+3.44%
CURRENT VS 5Y AVG
+14.26%
CURRENT VS 10Y AVG
+9.64%
CURRENT VS 15Y AVG
-17.86%
CURRENT VS 20Y AVG
-26.62%
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 |
|---|---|
| 2026-05-31 | 17.78% |
| 2026-02-28 | 17.41% |
| 2025-11-30 | 19.74% |
| 2025-08-31 | 18.70% |
| 2025-05-31 | 17.45% |
| 2025-02-28 | 15.94% |
| 2024-11-30 | 16.53% |
| 2024-08-31 | 23.59% |
| 2024-05-31 | 17.00% |
| 2024-02-29 | 16.43% |
| 2023-11-30 | 15.21% |
| 2023-08-31 | 39.32% |
| 2023-05-31 | 16.87% |
| 2023-02-28 | 16.06% |
| 2022-11-30 | 13.36% |
| 2022-08-31 | 10.31% |
| 2022-05-31 | 12.16% |
| 2022-02-28 | 9.85% |
| 2021-11-30 | 10.24% |
| 2021-08-31 | 14.67% |
| 2021-05-31 | 11.90% |
| 2021-02-28 | 15.72% |
| 2020-11-30 | 15.82% |
| 2020-08-31 | 7.35% |
| 2020-05-31 | 15.04% |
| 2020-02-29 | 13.99% |
| 2019-11-30 | 13.60% |
| 2019-08-31 | 15.48% |
| 2019-05-31 | 18.63% |
| 2019-02-28 | 18.83% |
| 2018-11-30 | 12.14% |
| 2018-08-31 | 18.00% |
| 2018-05-31 | 16.50% |
| 2018-02-28 | 42.38% |
| 2017-11-30 | 18.33% |
| 2017-08-31 | 25.35% |
| 2017-05-31 | 23.25% |
| 2017-02-28 | 25.46% |
| 2016-11-30 | 25.87% |
| 2016-08-31 | 27.78% |
| 2016-05-31 | 24.84% |
| 2016-02-29 | 20.20% |
| 2015-11-30 | 31.39% |
| 2015-08-31 | 27.73% |
| 2015-05-31 | 28.46% |
| 2015-02-28 | 24.12% |
| 2014-11-30 | 30.77% |
| 2014-08-31 | 30.40% |
| 2014-05-31 | 29.77% |
| 2014-02-28 | 30.47% |
| 2013-11-30 | 30.50% |
| 2013-08-31 | 28.10% |
| 2013-05-31 | 25.88% |
| 2013-02-28 | 21.20% |
| 2012-11-30 | 30.41% |
| 2012-08-31 | 31.72% |
| 2012-05-31 | 30.44% |
| 2012-02-29 | 30.86% |
| 2011-11-30 | 32.05% |
| 2011-08-31 | 30.93% |
| 2011-05-31 | 30.14% |
| 2011-02-28 | 22.28% |
| 2010-11-30 | 30.15% |
| 2010-08-31 | 31.67% |
| 2010-05-31 | 30.68% |
| 2010-02-28 | 33.88% |
| 2009-11-30 | 33.42% |
| 2009-08-31 | 33.39% |
| 2009-05-31 | 27.95% |
| 2009-02-28 | 33.84% |
| 2008-11-30 | 31.50% |
| 2008-08-31 | 34.23% |
| 2008-05-31 | 33.28% |
| 2008-02-29 | 33.98% |
| 2007-11-30 | 33.99% |
| 2007-08-31 | 31.78% |
| 2007-05-31 | 30.91% |
| 2007-02-28 | 33.10% |
| 2006-11-30 | 35.53% |
| 2006-08-31 | 32.46% |
| 2006-05-31 | 34.29% |
| 2006-02-28 | 36.30% |
| 2005-11-30 | 34.05% |
| 2005-08-31 | 36.18% |
| 2005-05-31 | 29.38% |
| 2005-02-28 | 36.99% |
| 2004-11-30 | 36.97% |
| 2004-08-31 | 37.13% |
| 2004-05-31 | 33.40% |
| 2004-02-29 | 33.58% |
| 2003-11-30 | 36.13% |
| 2003-08-31 | 36.11% |
| 2003-05-31 | 28.70% |
| 2003-02-28 | 37.49% |
| 2002-11-30 | 37.51% |
| 2002-08-31 | 37.80% |
