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 -0.51% is 139% below its 5-year average of 1.31%, near the low end of its 5-year range (-2.05%–13.72%).
As of the fiscal period ended Wednesday, December 31, 2025. 60.16% above its 12-month average of -1.28%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
-0.51%
TAX RATE AVG TTM
-1.28%
TAX RATE AVG 3Y
-1.00%
TAX RATE AVG 5Y
1.31%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+60.16%
CURRENT VS 3Y AVG
+49.13%
CURRENT VS 5Y AVG
-138.78%
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 | -0.51% |
| 2024-12-31 | -2.05% |
| 2023-12-31 | -0.22% |
| 2022-12-31 | -1.23% |
| 2021-12-31 | -1.82% |
| 2020-12-31 | 13.72% |
| 2019-12-31 | -33.86% |