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 28.84% is 43% above its 5-year average of 20.15%, near the high end of its 5-year range (12.45%–28.84%).
As of the fiscal period ended Sunday, May 31, 2026. 26.00% above its 12-month average of 22.89%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.84%
TAX RATE AVG TTM
22.89%
TAX RATE AVG 3Y
22.18%
TAX RATE AVG 5Y
20.15%
TAX RATE AVG 10Y
20.41%
TAX RATE AVG 15Y
22.19%
TAX RATE AVG 20Y
23.68%
CURRENT VS TTM AVG
+26.00%
CURRENT VS 3Y AVG
+30.01%
CURRENT VS 5Y AVG
+43.08%
CURRENT VS 10Y AVG
+41.26%
CURRENT VS 15Y AVG
+29.96%
CURRENT VS 20Y AVG
+21.78%
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 | 28.84% |
| 2026-02-28 | 26.32% |
| 2025-11-30 | 22.45% |
| 2025-08-31 | 14.84% |
| 2025-05-31 | 21.98% |
| 2025-02-28 | 20.40% |
| 2024-11-30 | 23.80% |
| 2024-08-31 | 15.52% |
| 2024-05-31 | 12.45% |
| 2024-02-29 | 23.01% |
| 2023-11-30 | 20.66% |
| 2023-08-31 | 20.07% |
| 2023-05-31 | 20.95% |
| 2023-02-28 | 19.83% |
| 2022-11-30 | 22.27% |
| 2022-08-31 | 21.01% |
| 2022-05-31 | 15.48% |
| 2022-02-28 | 18.17% |
| 2021-11-30 | 22.47% |
| 2021-08-31 | 12.92% |
| 2021-05-31 | 19.82% |
| 2021-02-28 | 26.59% |
| 2020-11-30 | 22.27% |
| 2020-08-31 | 18.54% |
| 2020-05-31 | 17.10% |
| 2020-02-29 | 17.22% |
| 2019-11-30 | 23.73% |
| 2019-08-31 | 16.09% |
| 2019-05-31 | 17.69% |
| 2019-02-28 | 12.99% |
| 2018-11-30 | 20.68% |
| 2018-08-31 | 12.55% |
| 2018-05-31 | 21.16% |
| 2018-02-28 | -178.94% |
| 2017-11-30 | 24.72% |
| 2017-08-31 | 23.37% |
| 2017-05-31 | 21.45% |
| 2017-02-28 | 26.26% |
| 2016-11-30 | 28.10% |
| 2016-08-31 | 21.17% |
| 2016-05-31 | 21.64% |
| 2016-02-29 | 25.10% |
| 2015-11-30 | 28.48% |
| 2015-08-31 | 27.70% |
| 2015-05-31 | 14.68% |
| 2015-02-28 | 22.10% |
| 2014-11-30 | 24.72% |
| 2014-08-31 | 20.19% |
| 2014-05-31 | 26.97% |
| 2014-02-28 | 29.79% |
| 2013-11-30 | 23.35% |
| 2013-08-31 | 25.27% |
| 2013-05-31 | 28.02% |
| 2013-02-28 | 26.99% |
| 2012-11-30 | 24.60% |
| 2012-08-31 | 24.02% |
| 2012-05-31 | 27.70% |
| 2012-02-29 | 28.71% |
| 2011-11-30 | 28.56% |
| 2011-08-31 | 26.80% |
| 2011-05-31 | 31.05% |
| 2011-02-28 | 30.33% |
| 2010-11-30 | 26.74% |
| 2010-08-31 | 16.04% |
| 2010-05-31 | 30.16% |
| 2010-02-28 | 30.86% |
| 2009-11-30 | 33.63% |
| 2009-08-31 | 30.84% |
| 2009-05-31 | 33.66% |
| 2009-02-28 | 28.19% |
| 2008-11-30 | 33.47% |
| 2008-08-31 | 28.09% |
| 2008-05-31 | 29.03% |
| 2008-02-29 | 27.81% |
| 2007-11-30 | 29.27% |
| 2007-08-31 | 28.98% |
| 2007-05-31 | 28.80% |
| 2007-02-28 | 26.55% |
| 2006-11-30 | 29.01% |
| 2006-08-31 | 24.06% |
| 2006-05-31 | 17.49% |
| 2006-02-28 | 21.86% |
| 2005-11-30 | 31.31% |
| 2005-08-31 | 32.03% |
| 2005-05-31 | 30.65% |
| 2005-02-28 | 29.42% |
| 2004-11-30 | 28.29% |
| 2004-08-31 | 29.97% |
| 2004-05-31 | 30.40% |
| 2004-02-29 | 29.64% |
| 2003-11-30 | 29.46% |
| 2003-08-31 | 29.90% |
| 2003-05-31 | 28.95% |
| 2003-02-28 | 29.82% |
| 2002-11-30 | 29.23% |
| 2002-08-31 | 29.57% |
