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 5.50% is 60% below its 5-year average of 13.68%, around the middle of its 5-year range (-39.33%–73.47%).
As of the fiscal period ended Friday, July 31, 2026. 78.77% below its 12-month average of 25.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-07-31): 5.50%.
TAX RATE
5.50%
TAX RATE AVG TTM
25.92%
TAX RATE AVG 3Y
25.92%
TAX RATE AVG 5Y
13.68%
TAX RATE AVG 10Y
19.18%
TAX RATE AVG 15Y
25.38%
TAX RATE AVG 20Y
33.30%
CURRENT VS TTM AVG
-78.77%
CURRENT VS 3Y AVG
-78.77%
CURRENT VS 5Y AVG
-59.76%
CURRENT VS 10Y AVG
-71.30%
CURRENT VS 15Y AVG
-78.31%
CURRENT VS 20Y AVG
-83.47%
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 | 5.50% |
| 2026-04-30 | 6.39% |
| 2025-10-31 | 73.47% |
| 2025-07-31 | 18.33% |
| 2023-04-30 | -39.33% |
| 2022-10-31 | -14.47% |
| 2022-07-31 | 15.37% |
| 2022-04-30 | 21.28% |
| 2021-10-31 | 27.54% |
| 2021-07-31 | 22.70% |
| 2021-04-30 | 11.80% |
| 2020-01-31 | -116.67% |
| 2019-10-31 | 26.09% |
| 2019-07-31 | 21.06% |
| 2019-04-30 | 22.89% |
| 2019-01-31 | 20.79% |
| 2018-10-31 | 29.43% |
| 2018-07-31 | 17.90% |
| 2018-04-30 | 19.88% |
| 2018-01-31 | 10.05% |
| 2017-10-31 | 38.68% |
| 2017-07-31 | 9.52% |
| 2017-04-30 | 46.88% |
| 2015-10-31 | 27.07% |
| 2015-07-31 | -31.88% |
| 2015-04-30 | 39.02% |
| 2015-01-31 | -67.74% |
| 2014-10-31 | 53.22% |
| 2014-07-31 | 43.62% |
| 2014-04-30 | 40.26% |
| 2014-01-31 | 23.70% |
| 2013-10-31 | 23.19% |
| 2013-07-31 | 26.06% |
| 2013-04-30 | 28.04% |
| 2013-01-31 | 28.15% |
| 2012-10-31 | 38.48% |
| 2012-07-31 | 33.46% |
| 2012-04-30 | 33.44% |
| 2012-01-31 | 47.44% |
| 2011-04-30 | 35.73% |
| 2011-01-31 | 34.78% |
| 2010-10-31 | 44.40% |
| 2010-07-31 | 33.78% |
| 2010-04-30 | 44.35% |
| 2010-01-31 | 41.38% |
| 2009-10-31 | 46.38% |
| 2009-07-31 | 79.33% |
| 2009-04-30 | 33.85% |
| 2009-01-31 | 27.33% |
| 2008-10-31 | 48.43% |
| 2008-07-31 | 42.61% |
| 2008-04-30 | 38.04% |
| 2008-01-31 | 45.90% |
| 2007-10-31 | 31.65% |
| 2007-07-31 | 51.53% |
| 2007-04-30 | 46.99% |
| 2007-01-31 | 74.65% |
| 2006-10-31 | 46.13% |
| 2006-07-31 | 46.15% |
| 2006-04-30 | 40.61% |
| 2006-01-31 | 42.80% |
| 2005-07-31 | 41.04% |
| 2005-04-30 | 43.41% |
| 2005-01-31 | 38.93% |
| 2004-10-31 | 42.90% |
| 2004-07-31 | 39.12% |
| 2004-04-30 | 41.27% |
| 2004-01-31 | 37.78% |
| 2003-10-31 | 43.31% |
| 2003-07-31 | 38.81% |
| 2003-04-30 | 43.15% |
| 2003-01-31 | 39.77% |
| 2002-10-31 | 67.97% |