Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 0.46% is 126% above its 5-year average of -1.74%, near the high end of its 5-year range (-15.75%–5.39%).
As of the fiscal period ended Wednesday, December 31, 2025. 2400.00% above its 12-month average of -0.02%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
0.46%
TAX RATE AVG TTM
-0.02%
TAX RATE AVG 3Y
-2.60%
TAX RATE AVG 5Y
-1.74%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+2400.00%
CURRENT VS 3Y AVG
+117.69%
CURRENT VS 5Y AVG
+126.46%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
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 |
|---|---|
| 2025-12-31 | 0.46% |
| 2024-12-31 | -0.50% |
| 2023-12-31 | 5.39% |
| 2022-12-31 | -15.75% |
| 2021-12-31 | -0.47% |
| 2020-12-31 | 0.44% |
| 2019-12-31 | -14.11% |