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 0.02% is 92% below its 5-year average of 0.25%, near the low end of its 5-year range (0.00%–1.22%).
As of the fiscal period ended Wednesday, December 31, 2025. 84.62% below its 12-month average of 0.13%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
0.02%
TAX RATE AVG TTM
0.13%
TAX RATE AVG 3Y
0.37%
TAX RATE AVG 5Y
0.25%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-84.62%
CURRENT VS 3Y AVG
-94.59%
CURRENT VS 5Y AVG
-91.89%
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 | 0.02% |
| 2024-12-31 | 0.24% |
| 2023-12-31 | 1.22% |
| 2022-12-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2019-12-31 | 0.00% |