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 0.00% is 100% below its 5-year average of 5.42%, near the low end of its 5-year range (0.00%–14.39%).
As of the fiscal period ended Wednesday, December 31, 2025.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2025 (2025-12-31): 0.00%.
TAX RATE
0.00%
TAX RATE AVG TTM
0.00%
TAX RATE AVG 3Y
0.00%
TAX RATE AVG 5Y
5.42%
TAX RATE AVG 10Y
6.28%
TAX RATE AVG 15Y
9.38%
TAX RATE AVG 20Y
14.85%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
-100.00%
CURRENT VS 15Y AVG
-100.00%
CURRENT VS 20Y AVG
-100.00%
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 | 0.00% |
| 2025-09-30 | 0.00% |
| 2021-09-30 | 6.71% |
| 2021-06-30 | 4.66% |
| 2021-03-31 | 6.73% |
| 2020-12-31 | 14.39% |
| 2020-09-30 | 8.03% |
| 2020-06-30 | 228.54% |
| 2019-12-31 | 14.41% |
| 2019-09-30 | 7.06% |
| 2019-06-30 | 8.41% |
| 2019-03-31 | 8.20% |
| 2018-12-31 | 0.98% |
| 2018-09-30 | 5.34% |
| 2018-06-30 | 3.58% |
| 2018-03-31 | 4.00% |
| 2017-12-31 | -72.85% |
| 2017-09-30 | -0.58% |
| 2017-06-30 | -0.34% |
| 2017-03-31 | 11.62% |
| 2016-12-31 | 51.73% |
| 2016-06-30 | 8.76% |
| 2016-03-31 | 13.60% |
| 2015-09-30 | 8.90% |
| 2015-06-30 | 7.56% |
| 2015-03-31 | 9.00% |
| 2014-12-31 | 12.57% |
| 2014-09-30 | 8.27% |
| 2014-06-30 | 12.73% |
| 2014-03-31 | 9.00% |
| 2013-12-31 | 8.52% |
| 2013-09-30 | 7.92% |
| 2013-06-30 | 10.37% |
| 2013-03-31 | 12.39% |
| 2012-12-31 | 13.92% |
| 2012-09-30 | 11.14% |
| 2012-06-30 | 13.28% |
| 2012-03-31 | 14.77% |
| 2011-12-31 | 17.01% |
| 2011-09-30 | 20.62% |
| 2011-06-30 | 17.18% |
| 2011-03-31 | 16.40% |
| 2010-12-31 | 18.09% |
| 2010-09-30 | -5.97% |
| 2010-06-30 | 14.56% |
| 2010-03-31 | 21.60% |
| 2009-12-31 | 12.47% |
| 2009-09-30 | 19.28% |
| 2009-06-30 | 25.24% |
| 2009-03-31 | 28.71% |
| 2008-09-30 | 35.07% |
| 2008-06-30 | 33.88% |
| 2008-03-31 | 32.02% |
| 2007-12-31 | 35.72% |
| 2007-09-30 | 36.59% |
| 2007-06-30 | 36.86% |
| 2007-03-31 | 37.76% |
| 2006-09-30 | 36.11% |
| 2006-06-30 | 36.10% |
| 2006-03-31 | 35.29% |