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 19.56% is 20% above its 5-year average of 16.31%, around the middle of its 5-year range (-4.73%–33.65%).
As of the fiscal period ended Sunday, May 31, 2026. 15.00% below its 12-month average of 23.02%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
19.56%
TAX RATE AVG TTM
23.02%
TAX RATE AVG 3Y
17.79%
TAX RATE AVG 5Y
16.51%
TAX RATE AVG 10Y
14.81%
TAX RATE AVG 15Y
18.03%
TAX RATE AVG 20Y
20.33%
CURRENT VS TTM AVG
-15.00%
CURRENT VS 3Y AVG
+9.98%
CURRENT VS 5Y AVG
+18.52%
CURRENT VS 10Y AVG
+32.11%
CURRENT VS 15Y AVG
+8.53%
CURRENT VS 20Y AVG
-3.76%
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 | 19.56% |
| 2026-02-28 | 20.00% |
| 2025-11-30 | 20.72% |
| 2025-08-31 | 21.15% |
| 2025-05-31 | 33.65% |
| 2025-02-28 | 5.92% |
| 2024-11-30 | 17.87% |
| 2024-08-31 | 19.59% |
| 2024-05-31 | 13.09% |
| 2024-02-29 | 16.52% |
| 2023-11-30 | 17.90% |
| 2023-08-31 | 12.01% |
| 2023-05-31 | 17.26% |
| 2023-02-28 | 16.05% |
| 2022-11-30 | 19.33% |
| 2022-08-31 | 19.69% |
| 2022-05-31 | -4.73% |
| 2022-02-28 | 16.41% |
| 2021-11-30 | 10.93% |
| 2021-08-31 | 11.02% |
| 2021-05-31 | 18.61% |
| 2021-02-28 | 11.43% |
| 2020-11-30 | 14.08% |
| 2020-08-31 | 11.49% |
| 2020-02-29 | 3.86% |
| 2019-11-30 | 10.73% |
| 2019-08-31 | 12.43% |
| 2019-05-31 | 20.43% |
| 2019-02-28 | 14.72% |
| 2018-11-30 | 15.05% |
| 2018-08-31 | 14.02% |
| 2018-05-31 | 6.42% |
| 2018-02-28 | 179.47% |
| 2017-11-30 | 12.74% |
| 2017-08-31 | 11.38% |
| 2017-05-31 | 13.70% |
| 2017-02-28 | 13.76% |
| 2016-11-30 | 24.42% |
| 2016-08-31 | 2.50% |
| 2016-05-31 | 21.16% |
| 2016-02-29 | 16.30% |
| 2015-11-30 | 19.07% |
| 2015-08-31 | 18.41% |
| 2015-05-31 | 17.78% |
| 2015-02-28 | 24.38% |
| 2014-11-30 | 25.40% |
| 2014-08-31 | 21.72% |
| 2014-05-31 | 23.56% |
| 2014-02-28 | 22.50% |
| 2013-11-30 | 25.21% |
| 2013-08-31 | 24.95% |
| 2013-05-31 | 22.84% |
| 2013-02-28 | 22.84% |
| 2012-11-30 | 26.83% |
| 2012-08-31 | 26.88% |
| 2012-05-31 | 26.11% |
| 2012-02-29 | 27.70% |
| 2011-11-30 | 24.05% |
| 2011-08-31 | 24.30% |
| 2011-05-31 | 23.16% |
| 2011-02-28 | 26.03% |
| 2010-11-30 | 24.96% |
| 2010-08-31 | 25.96% |
| 2010-05-31 | 23.56% |
| 2010-02-28 | 24.92% |
| 2009-11-30 | 23.63% |
| 2009-08-31 | 24.67% |
| 2009-05-31 | 29.80% |
| 2009-02-28 | -3.57% |
| 2008-11-30 | 24.89% |
| 2008-09-30 | 28.52% |
| 2008-05-31 | 24.34% |
| 2008-02-29 | 30.64% |
| 2007-11-30 | 30.29% |
| 2007-08-31 | 15.01% |
| 2007-05-31 | 33.53% |
| 2007-02-28 | 32.28% |
| 2006-11-30 | 27.21% |
| 2006-08-31 | 34.49% |
| 2006-05-31 | 34.90% |
| 2006-02-28 | 35.69% |
| 2005-11-30 | 35.08% |
| 2005-08-31 | 34.50% |
| 2005-05-31 | 35.03% |
| 2005-02-28 | 33.87% |
| 2004-11-30 | 35.01% |
| 2004-08-31 | 35.35% |
| 2004-05-31 | 34.76% |
| 2004-02-29 | 34.80% |
| 2003-11-30 | 34.80% |
| 2003-08-31 | 34.80% |
| 2003-05-31 | 33.80% |
| 2003-02-28 | 33.46% |
| 2002-11-30 | 33.80% |
| 2002-08-31 | 34.99% |
