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 22.60% is in line with its 5-year average of 24.86%, near the low end of its 5-year range (21.78%–31.10%).
As of the fiscal period ended Saturday, May 2, 2026. 6.38% below its 12-month average of 24.14%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
22.60%
TAX RATE AVG TTM
24.14%
TAX RATE AVG 3Y
24.55%
TAX RATE AVG 5Y
24.53%
TAX RATE AVG 10Y
24.91%
TAX RATE AVG 15Y
30.67%
TAX RATE AVG 20Y
32.45%
CURRENT VS TTM AVG
-6.38%
CURRENT VS 3Y AVG
-7.91%
CURRENT VS 5Y AVG
-7.86%
CURRENT VS 10Y AVG
-9.25%
CURRENT VS 15Y AVG
-26.30%
CURRENT VS 20Y AVG
-30.35%
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 | 22.60% |
| 2026-01-31 | 25.82% |
| 2025-11-01 | 24.74% |
| 2025-08-02 | 24.53% |
| 2025-05-03 | 23.03% |
| 2025-01-31 | 25.99% |
| 2024-11-02 | 25.29% |
| 2024-08-03 | 25.14% |
| 2024-05-04 | 23.02% |
| 2024-01-31 | 23.87% |
| 2023-10-28 | 25.05% |
| 2023-07-29 | 25.47% |
| 2023-04-29 | 26.24% |
| 2023-01-31 | 22.45% |
| 2022-10-29 | 21.78% |
| 2022-07-30 | 25.41% |
| 2022-04-30 | 31.10% |
| 2022-01-31 | 24.35% |
| 2021-10-30 | 25.82% |
| 2021-07-31 | 25.48% |
| 2021-05-01 | 25.98% |
| 2021-01-31 | 35.94% |
| 2020-10-31 | 14.70% |
| 2020-01-31 | 25.75% |
| 2019-11-02 | 26.19% |
| 2019-08-03 | 25.69% |
| 2019-05-04 | 25.23% |
| 2019-01-31 | 28.60% |
| 2018-11-03 | 27.16% |
| 2018-08-04 | 25.48% |
| 2018-05-05 | 25.03% |
| 2018-01-31 | 21.14% |
| 2017-10-28 | 37.11% |
| 2017-07-29 | 37.99% |
| 2017-04-29 | 35.58% |
| 2017-01-31 | 38.01% |
| 2016-10-29 | 38.21% |
| 2016-07-30 | 38.53% |
| 2016-04-30 | 38.38% |
| 2016-01-31 | 37.47% |
| 2015-10-31 | 37.60% |
| 2015-08-01 | 38.01% |
| 2015-05-02 | 37.97% |
| 2015-01-31 | 37.04% |
| 2014-11-01 | 37.97% |
| 2014-08-02 | 37.68% |
| 2014-05-03 | 37.81% |
| 2014-01-31 | 37.78% |
| 2013-11-02 | 29.19% |
| 2013-08-03 | 37.92% |
| 2013-05-04 | 38.12% |
| 2013-01-31 | 37.30% |
| 2012-10-27 | 38.33% |
| 2012-07-28 | 38.33% |
| 2012-04-28 | 38.48% |
| 2012-01-31 | 37.34% |
| 2011-10-29 | 38.76% |
| 2011-07-30 | 37.73% |
| 2011-04-30 | 38.10% |
| 2011-01-31 | 38.09% |
| 2010-10-30 | 37.65% |
| 2010-07-31 | 38.55% |
| 2010-05-01 | 38.20% |
| 2010-01-31 | 37.62% |
| 2009-10-31 | 38.55% |
| 2009-08-01 | 36.68% |
| 2009-05-02 | 38.32% |
| 2009-01-31 | 37.13% |
| 2008-10-25 | 39.24% |
| 2008-07-26 | 36.95% |
| 2008-04-26 | 33.07% |
| 2008-01-31 | 38.11% |
| 2007-10-27 | 37.70% |
| 2007-07-28 | 35.86% |
| 2007-04-28 | 38.52% |
| 2007-01-31 | 35.99% |
| 2006-10-28 | 38.57% |
| 2006-07-29 | 39.81% |
| 2006-04-29 | 37.09% |
| 2006-01-31 | 13.95% |
| 2005-10-29 | 39.64% |
| 2005-07-30 | 38.42% |
| 2005-04-30 | 38.31% |
| 2005-01-31 | 37.90% |
| 2004-10-30 | 38.60% |
| 2004-07-31 | 38.84% |
| 2004-05-01 | 38.72% |
| 2004-01-31 | 37.50% |
| 2003-10-25 | 39.06% |
| 2003-07-26 | 38.70% |
| 2003-04-26 | 38.70% |
| 2003-01-31 | 38.29% |
| 2002-10-26 | 38.39% |
| 2002-07-27 | 38.53% |
