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 23.67% is in line with its 5-year average of 22.15%, near the high end of its 5-year range (15.67%–25.04%).
As of the fiscal period ended Saturday, August 1, 2026. 6.43% above its 12-month average of 22.24%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.67%
TAX RATE AVG TTM
22.24%
TAX RATE AVG 3Y
22.42%
TAX RATE AVG 5Y
22.15%
TAX RATE AVG 10Y
22.01%
TAX RATE AVG 15Y
26.33%
TAX RATE AVG 20Y
28.99%
CURRENT VS TTM AVG
+6.43%
CURRENT VS 3Y AVG
+5.55%
CURRENT VS 5Y AVG
+6.84%
CURRENT VS 10Y AVG
+7.55%
CURRENT VS 15Y AVG
-10.13%
CURRENT VS 20Y AVG
-18.36%
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 |
|---|---|
| 2026-08-01 | 23.67% |
| 2026-05-02 | 24.39% |
| 2026-01-31 | 20.11% |
| 2025-11-01 | 19.79% |
| 2025-08-02 | 23.23% |
| 2025-05-03 | 25.04% |
| 2025-02-01 | 21.55% |
| 2024-11-02 | 21.72% |
| 2024-08-03 | 22.85% |
| 2024-05-04 | 22.72% |
| 2024-02-03 | 22.62% |
| 2023-10-28 | 21.38% |
| 2023-07-29 | 22.11% |
| 2023-04-29 | 21.10% |
| 2023-01-28 | 16.01% |
| 2022-10-29 | 21.67% |
| 2022-07-30 | 15.67% |
| 2022-04-30 | 19.22% |
| 2022-01-29 | 23.45% |
| 2021-10-30 | 22.14% |
| 2021-07-31 | 23.33% |
| 2021-05-01 | 19.62% |
| 2021-01-30 | 20.23% |
| 2020-10-31 | 21.88% |
| 2020-08-01 | 22.80% |
| 2020-05-02 | 13.68% |
| 2020-02-01 | 20.74% |
| 2019-11-02 | 21.64% |
| 2019-08-03 | 22.93% |
| 2019-05-04 | 22.43% |
| 2019-02-02 | 21.30% |
| 2018-11-03 | 13.60% |
| 2018-08-04 | 21.82% |
| 2018-05-05 | 22.65% |
| 2018-02-03 | -8.25% |
| 2017-10-28 | 22.09% |
| 2017-07-29 | 31.42% |
| 2017-04-29 | 34.47% |
| 2017-01-28 | 31.95% |
| 2016-10-29 | 33.84% |
| 2016-07-30 | 33.58% |
| 2016-04-30 | 31.55% |
| 2016-01-30 | 29.55% |
| 2015-10-31 | 34.34% |
| 2015-08-01 | 34.60% |
| 2015-05-02 | 34.83% |
| 2015-01-31 | 32.29% |
| 2014-11-01 | 30.61% |
| 2014-08-02 | 33.73% |
| 2014-05-03 | 34.37% |
| 2014-02-01 | 36.97% |
| 2013-11-02 | 36.62% |
| 2013-08-03 | 36.42% |
| 2013-05-04 | 36.07% |
| 2013-02-02 | 34.36% |
| 2012-10-27 | 34.47% |
| 2012-07-28 | 34.27% |
| 2012-04-28 | 36.69% |
| 2012-01-28 | 30.33% |
| 2011-10-29 | 35.24% |
| 2011-07-30 | 36.52% |
| 2011-04-30 | 36.26% |
| 2011-01-29 | 34.78% |
| 2010-10-30 | 30.79% |
| 2010-07-31 | 37.19% |
| 2010-05-01 | 36.40% |
| 2010-01-30 | 33.57% |
| 2009-10-31 | 36.16% |
| 2009-08-01 | 37.93% |
| 2009-05-02 | 36.65% |
| 2009-01-31 | 35.42% |
| 2008-11-01 | 41.71% |
| 2008-08-02 | 36.79% |
| 2008-05-03 | 37.10% |
| 2008-02-02 | 38.30% |
| 2007-11-03 | 38.16% |
| 2007-08-04 | 38.36% |
| 2007-05-05 | 38.82% |
| 2007-02-03 | 38.18% |
| 2006-10-28 | 37.38% |
| 2006-07-29 | 38.73% |
| 2006-04-29 | 37.47% |
| 2006-01-28 | 36.64% |
| 2005-10-29 | 38.99% |
| 2005-07-30 | 37.86% |
| 2005-04-30 | 37.94% |
| 2005-01-29 | 37.81% |
| 2004-10-30 | 37.69% |
| 2004-07-31 | 37.82% |
| 2004-05-01 | 37.78% |
| 2004-01-31 | 37.82% |
| 2003-11-01 | 37.27% |
| 2003-08-02 | 38.04% |
| 2003-05-03 | 38.01% |
| 2003-02-01 | 38.19% |
| 2002-11-02 | 38.17% |
