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 -0.70% is 468% below its 5-year average of -0.12%, near the low end of its 5-year range (-0.70%–0.00%).
As of the fiscal period ended Wednesday, December 31, 2025. 100.00% below its 12-month average of -0.35%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
-0.70%
TAX RATE AVG TTM
-0.35%
TAX RATE AVG 3Y
-0.18%
TAX RATE AVG 5Y
-0.12%
TAX RATE AVG 10Y
1.03%
TAX RATE AVG 15Y
0.00%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-100.00%
CURRENT VS 3Y AVG
-278.38%
CURRENT VS 5Y AVG
-467.57%
CURRENT VS 10Y AVG
-168.26%
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 | -0.70% |
| 2024-12-31 | 0.00% |
| 2023-12-31 | 0.00% |
| 2022-12-31 | -0.04% |
| 2021-12-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2019-12-31 | 12.02% |
| 2018-12-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2007-12-31 | 0.00% |
