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 24.50% is in line with its 5-year average of 24.65%, near the low end of its 5-year range (23.00%–29.14%).
As of the fiscal period ended Saturday, May 30, 2026. 1.31% below its 12-month average of 24.83%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.50%
TAX RATE AVG TTM
24.83%
TAX RATE AVG 3Y
24.54%
TAX RATE AVG 5Y
24.65%
TAX RATE AVG 10Y
24.57%
TAX RATE AVG 15Y
30.57%
TAX RATE AVG 20Y
32.38%
CURRENT VS TTM AVG
-1.31%
CURRENT VS 3Y AVG
-0.17%
CURRENT VS 5Y AVG
-0.60%
CURRENT VS 10Y AVG
-0.30%
CURRENT VS 15Y AVG
-19.85%
CURRENT VS 20Y AVG
-24.34%
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 |
|---|---|
| 2026-05-30 | 24.50% |
| 2026-02-28 | 24.74% |
| 2025-11-29 | 24.30% |
| 2025-08-30 | 26.28% |
| 2025-05-31 | 24.30% |
| 2025-03-01 | 24.30% |
| 2024-11-30 | 24.60% |
| 2024-08-31 | 29.14% |
| 2024-06-01 | 25.20% |
| 2024-03-02 | 23.00% |
| 2023-12-02 | 24.30% |
| 2023-08-31 | 24.44% |
| 2023-06-03 | 24.73% |
| 2023-03-04 | 25.30% |
| 2022-12-03 | 24.70% |
| 2022-08-31 | 24.23% |
| 2022-05-28 | 25.10% |
| 2022-02-26 | 25.10% |
| 2021-11-27 | 23.50% |
| 2021-08-31 | 24.00% |
| 2021-05-29 | 24.70% |
| 2021-02-27 | 24.80% |
| 2020-11-28 | 24.30% |
| 2020-08-31 | 23.50% |
| 2020-05-30 | 24.90% |
| 2020-02-29 | 25.10% |
| 2019-11-30 | 24.99% |
| 2019-08-31 | 23.10% |
| 2019-06-01 | 25.00% |
| 2019-03-02 | 25.11% |
| 2018-12-01 | 25.10% |
| 2018-08-31 | 29.61% |
| 2018-06-02 | 29.29% |
| 2018-03-03 | -23.94% |
| 2017-12-02 | 37.80% |
| 2017-08-31 | 38.05% |
| 2017-06-03 | 36.26% |
| 2017-03-04 | 36.09% |
| 2016-12-03 | 38.20% |
| 2016-08-31 | 36.68% |
| 2016-05-28 | 38.18% |
| 2016-02-27 | 38.21% |
| 2015-11-28 | 38.21% |
| 2015-08-31 | 36.94% |
| 2015-05-30 | 38.27% |
| 2015-02-28 | 38.45% |
| 2014-11-29 | 38.40% |
| 2014-08-31 | 36.66% |
| 2014-05-31 | 37.89% |
| 2014-03-01 | 38.49% |
| 2013-11-30 | 38.30% |
| 2013-08-31 | 38.28% |
| 2013-06-01 | 37.10% |
| 2013-03-02 | 38.12% |
| 2012-12-01 | 38.25% |
| 2012-08-31 | 36.16% |
| 2012-05-26 | 36.66% |
| 2012-02-25 | 37.76% |
| 2011-11-26 | 38.20% |
| 2011-08-31 | 36.58% |
| 2011-05-28 | 36.63% |
| 2011-02-26 | 38.33% |
| 2010-11-27 | 38.27% |
| 2010-08-31 | 37.37% |
| 2010-05-29 | 36.98% |
| 2010-02-27 | 38.20% |
| 2009-11-28 | 38.00% |
| 2009-08-31 | 37.34% |
| 2009-05-30 | 38.22% |
| 2009-02-28 | 38.42% |
| 2008-11-29 | 38.10% |
| 2008-08-31 | 35.37% |
| 2008-05-31 | 38.13% |
| 2008-03-01 | 39.21% |
| 2007-12-01 | 38.16% |
| 2007-08-31 | 36.05% |
| 2007-05-26 | 37.13% |
| 2007-02-24 | 38.98% |
| 2006-11-25 | 39.18% |
| 2006-08-31 | 36.56% |
| 2006-05-27 | 38.64% |
| 2006-02-25 | 39.64% |
| 2005-11-26 | 39.13% |
| 2005-08-31 | 35.81% |
| 2005-05-28 | 39.00% |
| 2005-02-26 | 39.00% |
| 2004-11-27 | 39.00% |
| 2004-08-31 | 39.00% |
| 2004-05-29 | 38.25% |
| 2004-02-28 | 39.50% |
| 2003-11-29 | 39.50% |
| 2003-08-31 | 38.30% |
| 2003-05-31 | 38.30% |
| 2003-03-01 | 37.03% |
| 2002-11-30 | 39.50% |
| 2002-08-31 | 39.50% |
