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 -0.25% is in line with its 5-year average of -0.27%, near the high end of its 5-year range (-0.52%–-0.18%).
As of the fiscal period ended Wednesday, December 31, 2025. 16.28% below its 12-month average of -0.21%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
-0.25%
TAX RATE AVG TTM
-0.21%
TAX RATE AVG 3Y
-0.30%
TAX RATE AVG 5Y
-0.27%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-16.28%
CURRENT VS 3Y AVG
+17.36%
CURRENT VS 5Y AVG
+7.98%
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 | -0.25% |
| 2024-12-31 | -0.18% |
| 2023-12-31 | -0.52% |
| 2022-12-31 | -0.26% |
| 2021-12-31 | -0.19% |
| 2020-12-31 | -0.23% |
| 2019-12-31 | -0.01% |
| 2018-12-31 | -0.06% |
