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 -12.71% is 72% above its 5-year average of -45.30%, near the high end of its 5-year range (-111.29%–0.00%).
As of the fiscal period ended Wednesday, December 31, 2025. 49.46% above its 12-month average of -25.15%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
-12.71%
TAX RATE AVG TTM
-25.15%
TAX RATE AVG 3Y
-67.43%
TAX RATE AVG 5Y
-45.30%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+49.46%
CURRENT VS 3Y AVG
+81.15%
CURRENT VS 5Y AVG
+71.94%
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 | -12.71% |
| 2024-12-31 | -37.59% |
| 2023-12-31 | -111.29% |
| 2022-12-31 | -108.13% |
| 2021-12-31 | -2.08% |
| 2020-12-31 | 0.00% |
