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 24.17%, near the high end of its 5-year range (-27.75%–35.89%).
As of the fiscal period ended Sunday, May 31, 2026. 15.49% above its 12-month average of 21.21%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
24.50%
TAX RATE AVG TTM
21.21%
TAX RATE AVG 3Y
24.66%
TAX RATE AVG 5Y
24.17%
TAX RATE AVG 10Y
24.69%
TAX RATE AVG 15Y
26.71%
TAX RATE AVG 20Y
27.79%
CURRENT VS TTM AVG
+15.49%
CURRENT VS 3Y AVG
-0.65%
CURRENT VS 5Y AVG
+1.37%
CURRENT VS 10Y AVG
-0.79%
CURRENT VS 15Y AVG
-8.28%
CURRENT VS 20Y AVG
-11.84%
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 | 24.50% |
| 2026-02-28 | 25.53% |
| 2025-11-30 | 23.47% |
| 2025-08-31 | 23.56% |
| 2025-05-31 | 9.01% |
| 2025-02-28 | -27.75% |
| 2024-11-30 | 13.87% |
| 2024-08-31 | 21.31% |
| 2024-05-31 | 24.42% |
| 2024-02-29 | 26.45% |
| 2023-11-30 | 25.54% |
| 2023-08-31 | 25.21% |
| 2023-05-31 | 26.60% |
| 2023-02-28 | 35.89% |
| 2022-11-30 | 24.89% |
| 2022-08-31 | 24.81% |
| 2022-05-31 | 10.09% |
| 2022-02-28 | 17.90% |
| 2021-11-30 | 23.31% |
| 2021-08-31 | 25.72% |
| 2021-05-31 | 23.45% |
| 2021-02-28 | 31.14% |
| 2020-11-30 | 23.40% |
| 2020-08-31 | 25.10% |
| 2020-05-31 | 25.66% |
| 2020-02-29 | 25.86% |
| 2019-11-30 | 24.01% |
| 2019-08-31 | 25.45% |
| 2019-05-31 | 24.32% |
| 2019-02-28 | -224.73% |
| 2018-11-30 | 26.16% |
| 2018-08-31 | 23.66% |
| 2018-05-31 | 27.13% |
| 2018-02-28 | -16.98% |
| 2017-11-30 | 12.20% |
| 2017-08-31 | 24.72% |
| 2017-05-31 | 30.62% |
| 2017-02-28 | 25.38% |
| 2016-08-31 | 23.63% |
| 2016-05-31 | 22.82% |
| 2016-02-29 | 11.93% |
| 2015-11-30 | 30.03% |
| 2015-08-31 | 29.42% |
| 2015-05-31 | 28.16% |
| 2015-02-28 | -33.52% |
| 2014-11-30 | 30.16% |
| 2014-08-31 | 29.20% |
| 2014-05-31 | 26.36% |
| 2014-02-28 | 32.85% |
| 2013-11-30 | 29.89% |
| 2013-08-31 | 27.39% |
| 2013-05-31 | 29.52% |
| 2012-11-30 | 35.13% |
| 2012-08-31 | 47.45% |
| 2012-05-31 | 27.38% |
| 2012-02-29 | 30.71% |
| 2011-11-30 | 29.21% |
| 2011-08-31 | 29.79% |
| 2011-05-31 | 31.87% |
| 2011-02-28 | 40.02% |
| 2010-11-30 | 30.76% |
| 2010-08-31 | 30.52% |
| 2010-05-31 | 32.02% |
| 2009-11-30 | 30.35% |
| 2009-08-31 | 32.96% |
| 2009-05-31 | 39.23% |
| 2008-11-30 | 30.86% |
| 2008-08-31 | 30.70% |
| 2008-02-29 | 22.23% |
| 2007-11-30 | 32.20% |
| 2007-08-31 | 31.83% |
| 2007-05-31 | 31.09% |
| 2007-02-28 | 11.63% |
| 2006-11-30 | 33.86% |
| 2006-08-31 | 34.94% |
| 2005-11-30 | 32.87% |
| 2005-08-31 | 35.69% |
| 2005-05-31 | 37.79% |
| 2004-11-30 | 28.47% |
| 2004-08-31 | 35.50% |
| 2004-05-31 | 33.59% |
| 2004-02-29 | 35.51% |
| 2003-11-30 | 35.50% |
| 2003-08-31 | 35.50% |
| 2003-02-28 | 35.00% |
| 2002-11-30 | 35.09% |
| 2002-08-31 | 34.94% |
