Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of -64.16% is 398% below its 5-year average of 21.52%, near the low end of its 5-year range (-73.68%–103.50%).
As of the fiscal period ended Wednesday, December 31, 2025.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-64.16%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
-2.08%
TAX RATE AVG 5Y
21.52%
TAX RATE AVG 10Y
21.89%
TAX RATE AVG 15Y
11.26%
TAX RATE AVG 20Y
12.23%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-2989.95%
CURRENT VS 5Y AVG
-398.16%
CURRENT VS 10Y AVG
-393.11%
CURRENT VS 15Y AVG
-669.69%
CURRENT VS 20Y AVG
-624.76%
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 | -64.16% |
| 2023-12-31 | -73.68% |
| 2023-09-30 | 47.73% |
| 2023-06-30 | 11.18% |
| 2023-03-31 | 11.94% |
| 2022-12-31 | 54.55% |
| 2022-06-30 | 33.70% |
| 2022-03-31 | 32.65% |
| 2021-12-31 | 77.55% |
| 2021-06-30 | 1.79% |
| 2020-12-31 | 103.50% |
| 2020-03-31 | 32.58% |
| 2019-12-31 | -38.44% |
| 2019-06-30 | 21.01% |
| 2019-03-31 | 22.34% |
| 2018-12-31 | -45.00% |
| 2018-09-30 | -41.67% |
| 2018-08-03 | 19.64% |
| 2018-03-31 | 16.67% |
| 2017-12-31 | 293.33% |
| 2017-06-30 | 12.37% |
| 2017-03-31 | 43.75% |
| 2016-03-31 | 34.71% |
| 2015-09-30 | -237.50% |
| 2015-06-30 | -2.94% |
| 2015-03-31 | -2.00% |
| 2014-12-31 | -244.44% |
| 2014-06-30 | 24.21% |
| 2014-03-31 | 7.41% |
| 2013-12-31 | -166.67% |
| 2013-09-30 | -27.27% |
| 2013-06-30 | 18.75% |
| 2013-03-31 | 4.49% |
| 2012-03-31 | 38.00% |
| 2010-12-31 | -26.18% |
| 2010-06-30 | -871.44% |
| 2010-03-31 | -20.11% |
| 2009-06-30 | -0.23% |
| 2009-03-31 | 81.16% |
| 2008-09-30 | 10.16% |
| 2008-06-30 | 4.86% |
| 2007-09-30 | 45.29% |
| 2007-06-30 | 309.68% |
| 2007-03-31 | 11.25% |
| 2006-12-31 | 18.96% |
| 2006-09-30 | 7.50% |
| 2006-06-30 | -6.84% |
| 2006-03-31 | 10.88% |
| 2005-12-31 | 19.08% |
| 2005-09-30 | 0.11% |
| 2005-06-30 | 24.86% |
| 2005-03-31 | 9.01% |
| 2004-12-31 | -52.16% |
| 2004-09-30 | 8.40% |
| 2004-06-30 | 4.19% |
| 2004-03-31 | 9.99% |
| 2003-12-31 | 9.56% |
| 2003-09-30 | -0.93% |
| 2003-06-30 | -0.87% |
| 2003-03-31 | -9.20% |
| 2002-12-31 | 2.00% |
| 2002-09-30 | 0.04% |
| 2002-06-30 | 3.51% |
