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 -0.18% is 87% below its 4-year average of -0.10%, around the middle of its 4-year range (-0.34%–0.04%).
As of the fiscal period ended Wednesday, December 31, 2025. 30.77% above its 12-month average of -0.26%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
-0.18%
TAX RATE AVG TTM
-0.26%
TAX RATE AVG 3Y
-0.12%
TAX RATE AVG 5Y
-0.10%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+30.77%
CURRENT VS 3Y AVG
-50.00%
CURRENT VS 5Y AVG
-87.50%
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 | -0.18% |
| 2024-12-31 | -0.34% |
| 2023-12-31 | 0.04% |
| 2022-12-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2019-12-31 | 1.00% |
