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 -0.60% is 112% below its 5-year average of -0.28%, near the low end of its 5-year range (-1.01%–0.45%).
As of the fiscal period ended Wednesday, December 31, 2025. 103.39% below its 12-month average of -0.29%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
-0.60%
TAX RATE AVG TTM
-0.29%
TAX RATE AVG 3Y
-0.29%
TAX RATE AVG 5Y
-0.28%
TAX RATE AVG 10Y
-0.11%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-103.39%
CURRENT VS 3Y AVG
-108.70%
CURRENT VS 5Y AVG
-111.76%
CURRENT VS 10Y AVG
-436.59%
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 | -0.60% |
| 2024-12-31 | 0.01% |
| 2023-12-31 | 0.45% |
| 2022-12-31 | -1.01% |
| 2021-12-31 | -0.34% |
| 2020-12-31 | -0.21% |
| 2019-12-31 | -0.98% |
| 2018-12-31 | -1.12% |
| 2017-12-31 | -0.40% |
| 2016-12-31 | -0.09% |
| 2015-12-31 | 3.06% |
| 2014-12-31 | -3.30% |
| 2013-12-31 | -1.47% |
| 2012-12-31 | -1.76% |