Income Taxes

3 Months Ended

Jan. 31, 2025

Income Tax Disclosure [Abstract]

Income Taxes

Note 6. Income Taxes

The effective tax rates for the three months ended January 31, 2025, and January 31, 2024, were 32.0% and 32.4%, respectively. The decrease was primarily due to changes in unrecognized tax benefits and changes in the geographic composition of pre-tax earnings, partially offset by a decrease in excess tax benefits from share-based compensation.