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 -33.90% is 59% below its 5-year average of -21.37%, around the middle of its 5-year range (-93.20%–15.07%).
As of the fiscal period ended Wednesday, December 31, 2025. 12.89% above its 12-month average of -38.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-33.90%
TAX RATE AVG TTM
-38.92%
TAX RATE AVG 3Y
-39.05%
TAX RATE AVG 5Y
-9.41%
TAX RATE AVG 10Y
-8.26%
TAX RATE AVG 15Y
-0.28%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+12.89%
CURRENT VS 3Y AVG
+13.18%
CURRENT VS 5Y AVG
-260.12%
CURRENT VS 10Y AVG
-310.51%
CURRENT VS 15Y AVG
-12066.79%
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 | -33.90% |
| 2025-09-30 | -20.25% |
| 2025-06-30 | -22.98% |
| 2024-12-31 | -78.53% |
| 2024-09-30 | -24.28% |
| 2024-06-30 | 0.00% |
| 2023-12-31 | -83.75% |
| 2023-09-30 | -93.20% |
| 2023-06-30 | 0.06% |
| 2023-03-31 | -47.72% |
| 2022-12-31 | -24.98% |
| 2022-09-30 | 11.65% |
| 2022-06-30 | 13.05% |
| 2022-03-31 | 10.68% |
| 2021-12-31 | -4.09% |
| 2021-09-30 | -6.24% |
| 2021-06-30 | -11.86% |
| 2021-03-31 | 15.07% |
| 2020-12-31 | -4.81% |
| 2020-09-30 | 14.91% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | -60.56% |
| 2019-12-31 | -38.72% |
| 2019-09-30 | 10.13% |
| 2019-06-30 | 8.63% |
| 2019-03-31 | 8.22% |
| 2018-12-31 | 21.57% |
| 2018-09-30 | 23.85% |
| 2018-06-30 | 13.06% |
| 2018-03-31 | -58.81% |
| 2017-12-31 | -79.61% |
| 2017-09-30 | 30.63% |
| 2017-06-30 | 15.10% |
| 2016-12-31 | 30.69% |
| 2016-09-30 | 24.30% |
| 2016-06-30 | 26.73% |
| 2016-03-31 | 25.50% |
| 2015-09-30 | 44.45% |
| 2015-06-30 | 46.72% |
| 2014-12-31 | -70.89% |
| 2014-09-30 | -7.87% |
| 2014-06-30 | 8.94% |
| 2013-12-31 | 5.80% |
| 2013-09-30 | 24.15% |
| 2012-12-31 | 16.26% |
| 2012-09-30 | 28.39% |
| 2012-06-30 | 28.17% |
| 2012-03-31 | 27.88% |
| 2011-12-31 | 22.73% |
| 2011-09-30 | 17.88% |
| 2011-06-30 | 28.59% |
| 2011-03-31 | 28.57% |
| 2010-12-31 | 33.07% |
| 2010-09-30 | 28.77% |
| 2010-06-30 | 28.61% |
| 2010-03-31 | 25.15% |
| 2009-12-31 | 15.50% |
| 2009-09-30 | 34.45% |
| 2009-06-30 | 27.79% |
| 2009-03-31 | 35.00% |
