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 16.34% is in line with its 5-year average of 17.45%, near the low end of its 5-year range (6.67%–68.75%).
As of the fiscal period ended Friday, July 31, 2026. 17.54% below its 12-month average of 19.81%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
16.34%
TAX RATE AVG TTM
19.81%
TAX RATE AVG 3Y
16.62%
TAX RATE AVG 5Y
17.45%
TAX RATE AVG 10Y
13.38%
TAX RATE AVG 15Y
14.51%
TAX RATE AVG 20Y
15.92%
CURRENT VS TTM AVG
-17.54%
CURRENT VS 3Y AVG
-1.71%
CURRENT VS 5Y AVG
-6.40%
CURRENT VS 10Y AVG
+22.13%
CURRENT VS 15Y AVG
+12.61%
CURRENT VS 20Y AVG
+2.61%
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 |
|---|---|
| 2026-07-31 | 16.34% |
| 2026-04-24 | 31.35% |
| 2026-01-23 | 18.09% |
| 2025-10-24 | 13.47% |
| 2025-07-25 | 19.59% |
| 2025-04-25 | 15.78% |
| 2025-01-24 | 15.39% |
| 2024-10-25 | 18.02% |
| 2024-07-26 | 17.35% |
| 2024-04-26 | 23.01% |
| 2024-01-26 | 9.17% |
| 2023-10-27 | 30.62% |
| 2023-07-28 | 33.44% |
| 2023-04-28 | 23.34% |
| 2023-01-27 | 10.62% |
| 2022-10-28 | 68.75% |
| 2022-07-29 | 10.73% |
| 2022-04-29 | 6.87% |
| 2022-01-28 | 6.67% |
| 2021-10-29 | 11.79% |
| 2021-07-30 | 7.68% |
| 2021-04-30 | 12.77% |
| 2021-01-29 | -4.84% |
| 2020-10-30 | 5.90% |
| 2020-07-31 | 15.92% |
| 2020-04-24 | -211.71% |
| 2020-01-24 | -21.53% |
| 2019-10-25 | -5.95% |
| 2019-07-26 | 10.24% |
| 2019-04-26 | 8.51% |
| 2019-01-25 | 7.23% |
| 2018-10-26 | 17.34% |
| 2018-07-27 | 8.73% |
| 2018-04-27 | 15.07% |
| 2018-01-26 | 235.54% |
| 2017-10-27 | -16.49% |
| 2017-07-28 | 15.56% |
| 2017-04-28 | 18.89% |
| 2017-01-27 | 15.20% |
| 2016-10-28 | 8.33% |
| 2016-07-29 | 5.97% |
| 2016-04-29 | 2.73% |
| 2016-01-29 | 7.12% |
| 2015-10-30 | 51.99% |
| 2015-07-31 | 12.77% |
| 2015-04-24 | 100.53% |
| 2015-01-23 | 18.17% |
| 2014-10-31 | 18.98% |
| 2014-07-31 | 19.58% |
| 2014-04-30 | 6.86% |
| 2014-01-31 | 20.21% |
| 2013-10-31 | 19.18% |
| 2013-07-31 | 17.35% |
| 2013-04-30 | 16.03% |
| 2013-01-31 | 14.46% |
| 2012-10-31 | 24.36% |
| 2012-07-31 | 20.59% |
| 2012-04-30 | 13.87% |
| 2012-01-31 | 19.75% |
| 2011-10-31 | 17.45% |
| 2011-07-31 | 19.74% |
| 2011-04-30 | 15.47% |
| 2011-01-31 | 8.93% |
| 2010-10-31 | 24.73% |
| 2010-07-31 | 20.19% |
| 2010-04-30 | 22.69% |
| 2010-01-31 | 21.83% |
| 2009-10-31 | 21.80% |
| 2009-07-31 | 20.68% |
| 2009-04-30 | -166.67% |
| 2009-01-31 | 23.40% |
| 2008-10-31 | 14.45% |
| 2008-07-31 | 22.51% |
| 2008-04-30 | 19.02% |
| 2008-01-31 | 42.96% |
| 2007-10-31 | 23.27% |
| 2007-07-31 | 23.21% |
| 2007-04-30 | 5.03% |
| 2007-01-31 | 23.98% |
| 2006-10-31 | 25.25% |
| 2006-07-31 | 26.50% |
| 2006-04-30 | 25.99% |
| 2006-01-31 | 26.00% |
| 2005-10-31 | -6.75% |
| 2005-07-31 | 34.76% |
| 2005-04-30 | 30.30% |
| 2005-01-31 | 28.78% |
| 2004-10-31 | 29.00% |
| 2004-07-31 | 29.00% |
| 2004-04-30 | 30.13% |
| 2004-01-31 | 29.48% |
| 2003-10-31 | 30.14% |
| 2003-07-31 | 30.00% |
| 2003-04-30 | 29.99% |
| 2003-01-31 | 30.01% |
| 2002-10-31 | 38.18% |
