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 78.47% is 151% above its 5-year average of 31.23%, near the low end of its 5-year range (-7.02%–453.99%).
As of the fiscal period ended Thursday, April 30, 2026.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2027 (2026-04-30): 78.47%.
TAX RATE
78.47%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
100.39%
TAX RATE AVG 5Y
31.23%
TAX RATE AVG 10Y
30.45%
TAX RATE AVG 15Y
28.66%
TAX RATE AVG 20Y
26.89%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-21.83%
CURRENT VS 5Y AVG
+151.27%
CURRENT VS 10Y AVG
+157.71%
CURRENT VS 15Y AVG
+173.78%
CURRENT VS 20Y AVG
+191.84%
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 |
|---|---|
| 2026-04-30 | 78.47% |
| 2024-10-31 | 63.09% |
| 2024-04-30 | 19.01% |
| 2024-01-31 | 453.99% |
| 2023-10-31 | 26.36% |
| 2023-07-31 | 32.72% |
| 2023-04-30 | 29.07% |
| 2023-01-31 | -7.02% |
| 2022-10-31 | 33.32% |
| 2022-07-31 | 150.00% |
| 2022-04-30 | 20.16% |
| 2022-01-31 | 28.07% |
| 2021-10-31 | 31.42% |
| 2021-07-31 | 26.91% |
| 2021-04-30 | 24.41% |
| 2021-01-31 | 14.99% |
| 2020-10-31 | 25.89% |
| 2020-07-31 | 4.34% |
| 2020-04-30 | 30.14% |
| 2020-01-31 | 30.23% |
| 2019-10-31 | 36.30% |
| 2019-07-31 | 46.41% |
| 2018-10-31 | 49.65% |
| 2018-07-31 | 37.95% |
| 2018-04-30 | 21.69% |
| 2018-01-31 | 525.06% |
| 2017-10-31 | 31.51% |
| 2017-07-31 | 14.33% |
| 2017-04-30 | 28.68% |
| 2017-01-31 | 46.77% |
| 2016-10-31 | 27.81% |
| 2016-07-31 | 40.89% |
| 2015-10-31 | 29.38% |
| 2015-07-31 | 34.64% |
| 2015-04-30 | 29.23% |
| 2015-01-31 | -474.00% |
| 2014-07-31 | 232.71% |
| 2014-04-30 | 100.27% |
| 2013-07-31 | -643.96% |
| 2012-07-31 | -1.69% |
| 2011-10-31 | -166.55% |
| 2011-07-31 | 10.61% |
| 2011-04-30 | 21.54% |
| 2011-01-31 | 24.73% |
| 2010-10-31 | 15.14% |
| 2010-07-31 | 25.70% |
| 2010-01-31 | 13.40% |
| 2009-07-31 | -814.77% |
| 2009-04-30 | 81.47% |
| 2009-01-31 | 24.21% |
| 2008-10-31 | 24.55% |
| 2008-07-31 | 18.59% |
| 2008-04-30 | 35.22% |
| 2008-01-31 | 38.98% |
| 2007-10-31 | 28.76% |
| 2007-07-31 | 18.37% |
| 2007-04-30 | 42.21% |
| 2007-01-31 | 24.63% |
| 2006-10-31 | 10.98% |
| 2006-07-31 | 31.69% |
| 2006-04-30 | 30.75% |
| 2006-01-31 | 42.77% |
| 2005-10-31 | 35.59% |
| 2005-07-31 | 27.34% |
| 2005-04-30 | 33.32% |
| 2005-01-31 | 15.10% |
| 2004-10-31 | 34.64% |
| 2004-07-31 | 26.89% |
| 2004-04-30 | 31.83% |
| 2004-01-31 | 24.78% |
| 2003-10-31 | 36.12% |
| 2003-07-31 | 27.73% |
| 2003-04-30 | 35.99% |
| 2003-01-31 | 21.63% |
| 2002-10-31 | 42.63% |