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 -0.34% is 248% below its 5-year average of 0.23%, near the low end of its 5-year range (-0.44%–2.52%).
As of the fiscal period ended Wednesday, December 31, 2025. 12.82% above its 12-month average of -0.39%.
Reported annual effective tax rate; no daily interpolation.
TAX RATE
-0.34%
TAX RATE AVG TTM
-0.39%
TAX RATE AVG 3Y
-0.30%
TAX RATE AVG 5Y
0.23%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+12.82%
CURRENT VS 3Y AVG
-13.33%
CURRENT VS 5Y AVG
-247.83%
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 | -0.34% |
| 2024-12-31 | -0.44% |
| 2023-12-31 | -0.04% |
| 2022-12-31 | -0.38% |
| 2021-12-31 | 0.06% |
| 2020-12-31 | 2.52% |
| 2019-12-31 | -0.01% |
| 2018-12-31 | 0.00% |