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 23.87% is 14% below its 5-year average of 27.70%, near the low end of its 5-year range (22.53%–38.19%).
As of the fiscal period ended Sunday, May 31, 2026. 5.84% below its 12-month average of 25.35%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-05-31): 23.87%.
TAX RATE
23.87%
TAX RATE AVG TTM
25.35%
TAX RATE AVG 3Y
26.43%
TAX RATE AVG 5Y
27.70%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-5.84%
CURRENT VS 3Y AVG
-9.66%
CURRENT VS 5Y AVG
-13.81%
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 |
|---|---|
| 2026-05-31 | 23.87% |
| 2026-02-28 | 29.75% |
| 2025-11-30 | 24.26% |
| 2025-08-31 | 26.36% |
| 2025-05-31 | 22.53% |
| 2025-02-28 | 23.86% |
| 2024-11-30 | 24.21% |
| 2024-08-31 | 25.24% |
| 2024-05-31 | 26.22% |
| 2024-02-28 | 28.56% |
| 2023-11-30 | 28.47% |
| 2023-08-31 | 29.70% |
| 2023-05-31 | 30.52% |
| 2023-02-28 | 38.19% |
| 2022-11-30 | 31.65% |
| 2022-08-31 | 29.23% |
| 2022-05-31 | 27.86% |
| 2022-02-28 | 33.71% |
| 2021-11-30 | 26.75% |
| 2021-08-31 | 30.14% |
| 2021-05-31 | 31.11% |
| 2021-02-28 | 21.75% |
| 2020-11-30 | 32.92% |
| 2020-08-31 | 30.11% |
| 2020-05-31 | 27.06% |
| 2020-02-28 | 29.10% |
| 2019-11-30 | 27.29% |
