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 23.19% is in line with its 5-year average of 21.34%, around the middle of its 5-year range (13.70%–27.61%).
As of the fiscal period ended Saturday, May 23, 2026. 5.03% above its 12-month average of 22.08%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.19%
TAX RATE AVG TTM
22.08%
TAX RATE AVG 3Y
21.42%
TAX RATE AVG 5Y
21.93%
TAX RATE AVG 10Y
22.22%
TAX RATE AVG 15Y
27.28%
TAX RATE AVG 20Y
29.37%
CURRENT VS TTM AVG
+5.03%
CURRENT VS 3Y AVG
+8.30%
CURRENT VS 5Y AVG
+5.76%
CURRENT VS 10Y AVG
+4.39%
CURRENT VS 15Y AVG
-14.99%
CURRENT VS 20Y AVG
-21.03%
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 |
|---|---|
| 2026-05-23 | 23.19% |
| 2026-01-31 | 22.85% |
| 2025-08-16 | 20.98% |
| 2025-05-24 | 21.31% |
| 2025-02-01 | 13.86% |
| 2024-11-09 | 23.26% |
| 2024-08-17 | 24.14% |
| 2024-05-25 | 19.73% |
| 2024-02-03 | 20.88% |
| 2023-11-04 | 23.97% |
| 2023-05-20 | 22.92% |
| 2023-01-28 | 27.61% |
| 2022-11-05 | 23.95% |
| 2022-08-13 | 22.21% |
| 2022-05-21 | 17.98% |
| 2022-01-29 | 20.42% |
| 2021-11-06 | 13.70% |
| 2021-08-14 | 21.18% |
| 2021-04-28 | 20.11% |
| 2020-11-07 | 24.22% |
| 2020-08-15 | 22.71% |
| 2020-05-23 | 23.53% |
| 2020-02-01 | 18.21% |
| 2019-11-09 | 35.59% |
| 2019-08-17 | 24.47% |
| 2019-05-25 | 22.85% |
| 2019-02-02 | 20.82% |
| 2018-11-10 | 22.81% |
| 2018-08-18 | 20.22% |
| 2018-05-26 | 23.39% |
| 2017-11-04 | 35.60% |
| 2017-08-12 | 35.00% |
| 2017-05-20 | 33.26% |
| 2017-01-28 | 31.42% |
| 2016-11-05 | 34.97% |
| 2016-08-13 | 31.15% |
| 2016-05-21 | 33.49% |
| 2016-01-30 | 30.67% |
| 2015-11-07 | 35.79% |
| 2015-08-15 | 34.39% |
| 2015-05-23 | 34.59% |
| 2015-01-31 | 34.38% |
| 2014-11-08 | 32.03% |
| 2014-08-16 | 34.21% |
| 2014-05-24 | 34.99% |
| 2014-02-01 | 30.11% |
| 2013-11-09 | 29.34% |
| 2013-08-17 | 35.48% |
| 2013-05-25 | 35.47% |
| 2013-02-02 | 33.76% |
| 2012-11-03 | 35.50% |
| 2012-08-11 | 34.50% |
| 2012-05-19 | 34.47% |
| 2011-11-05 | 35.29% |
| 2011-08-13 | 27.62% |
| 2011-05-21 | 37.44% |
| 2011-01-29 | 36.83% |
| 2010-11-06 | 31.68% |
| 2010-08-14 | 31.63% |
| 2010-05-22 | 36.55% |
| 2010-01-30 | 35.14% |
| 2009-08-15 | 34.64% |
| 2009-05-23 | 36.71% |
| 2009-01-31 | 35.85% |
| 2008-11-08 | 36.46% |
| 2008-08-16 | 36.55% |
| 2008-05-24 | 36.79% |
| 2008-02-02 | 37.28% |
| 2007-11-10 | 24.18% |
| 2007-08-18 | 38.34% |
| 2007-05-26 | 38.05% |
| 2007-02-03 | 33.39% |
| 2006-11-04 | 37.13% |
| 2006-08-12 | 38.17% |
| 2006-05-20 | 37.42% |
| 2006-01-28 | 37.61% |
| 2005-11-05 | 38.54% |
| 2005-08-13 | 37.38% |
| 2005-05-21 | 35.95% |
| 2004-11-06 | 35.00% |
| 2004-08-14 | 37.99% |
| 2004-05-22 | 36.93% |
| 2003-11-08 | 37.50% |
| 2003-08-16 | 37.50% |
| 2003-05-24 | 37.48% |
| 2003-02-01 | 37.57% |
| 2002-11-09 | 37.50% |
| 2002-08-17 | 37.53% |
