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 22.39% is in line with its 5-year average of 24.05%, near the low end of its 5-year range (22.39%–25.22%).
As of the fiscal period ended Saturday, May 2, 2026. 7.25% below its 12-month average of 24.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.39%
TAX RATE AVG TTM
24.14%
TAX RATE AVG 3Y
24.20%
TAX RATE AVG 5Y
24.05%
TAX RATE AVG 10Y
23.90%
TAX RATE AVG 15Y
29.74%
TAX RATE AVG 20Y
32.01%
CURRENT VS TTM AVG
-7.25%
CURRENT VS 3Y AVG
-7.47%
CURRENT VS 5Y AVG
-6.92%
CURRENT VS 10Y AVG
-6.30%
CURRENT VS 15Y AVG
-24.71%
CURRENT VS 20Y AVG
-30.04%
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 |
|---|---|
| 2026-05-02 | 22.39% |
| 2026-01-31 | 23.86% |
| 2025-11-01 | 24.98% |
| 2025-08-02 | 24.25% |
| 2025-05-03 | 25.22% |
| 2025-01-31 | 23.87% |
| 2024-11-02 | 24.42% |
| 2024-08-03 | 24.97% |
| 2024-05-04 | 23.40% |
| 2024-01-31 | 23.43% |
| 2023-10-28 | 24.62% |
| 2023-07-29 | 24.97% |
| 2023-04-29 | 23.82% |
| 2023-01-31 | 23.11% |
| 2022-10-29 | 24.14% |
| 2022-07-30 | 23.97% |
| 2022-04-30 | 24.70% |
| 2022-01-31 | 22.50% |
| 2021-10-30 | 23.61% |
| 2021-07-31 | 24.84% |
| 2021-05-01 | 23.59% |
| 2021-01-31 | 37.84% |
| 2020-10-31 | 3.88% |
| 2020-08-01 | 60.80% |
| 2020-01-31 | 22.77% |
| 2019-11-02 | 23.12% |
| 2019-08-03 | 24.80% |
| 2019-05-04 | 22.35% |
| 2019-01-31 | 19.25% |
| 2018-11-03 | 23.79% |
| 2018-08-04 | 24.79% |
| 2018-05-05 | 22.90% |
| 2018-01-31 | 23.80% |
| 2017-10-28 | 37.72% |
| 2017-07-29 | 37.94% |
| 2017-04-29 | 35.60% |
| 2017-01-31 | 36.46% |
| 2016-10-29 | 36.69% |
| 2016-07-30 | 38.09% |
| 2016-04-30 | 38.36% |
| 2016-01-31 | 35.37% |
| 2015-10-31 | 34.99% |
| 2015-08-01 | 37.21% |
| 2015-05-02 | 38.57% |
| 2015-01-31 | 37.30% |
| 2014-11-01 | 36.99% |
| 2014-08-02 | 38.64% |
| 2014-05-03 | 37.89% |
| 2014-01-31 | 37.32% |
| 2013-11-02 | 36.48% |
| 2013-08-03 | 38.49% |
| 2013-05-04 | 38.09% |
| 2013-01-31 | 37.08% |
| 2012-10-27 | 37.22% |
| 2012-07-28 | 38.72% |
| 2012-04-28 | 38.22% |
| 2012-01-31 | 37.75% |
| 2011-10-29 | 34.98% |
| 2011-07-30 | 38.64% |
| 2011-04-30 | 38.60% |
| 2011-01-31 | 37.95% |
| 2010-10-30 | 37.53% |
| 2010-07-31 | 38.48% |
| 2010-05-01 | 38.60% |
| 2010-01-31 | 37.48% |
| 2009-10-31 | 38.49% |
| 2009-08-01 | 39.16% |
| 2009-05-02 | 38.75% |
| 2009-01-31 | 37.14% |
| 2008-11-01 | 39.28% |
| 2008-08-02 | 39.27% |
| 2008-05-03 | 38.25% |
| 2008-01-31 | 37.84% |
| 2007-11-03 | 38.18% |
| 2007-08-04 | 39.42% |
| 2007-05-05 | 39.30% |
| 2007-01-31 | 39.33% |
| 2006-10-28 | 39.33% |
| 2006-07-29 | 39.37% |
| 2006-04-29 | 39.30% |
| 2006-01-31 | 39.24% |
| 2005-10-29 | 39.18% |
| 2005-07-30 | 39.28% |
| 2005-04-30 | 39.10% |
| 2005-01-31 | 39.10% |
| 2004-10-30 | 39.10% |
| 2004-07-31 | 39.10% |
| 2004-05-01 | 39.10% |
| 2004-01-31 | 39.10% |
| 2003-11-01 | 39.10% |
| 2003-08-02 | 39.10% |
| 2003-05-03 | 39.10% |
| 2003-01-31 | 39.10% |
| 2002-11-02 | 39.10% |
| 2002-08-03 | 39.10% |