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 -12.69% is 347% below its 4-year average of 5.14%, near the low end of its 4-year range (-12.69%–26.15%).
As of the fiscal period ended Tuesday, December 31, 2024. 248.16% below its 12-month average of 8.57%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-12.69%
TAX RATE AVG TTM
8.57%
TAX RATE AVG 3Y
6.42%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-248.16%
CURRENT VS 3Y AVG
-297.54%
CURRENT VS 5Y AVG
N/A
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 |
|---|---|
| 2024-12-31 | -12.69% |
| 2024-03-31 | 12.24% |
| 2023-12-31 | 26.15% |
| 2022-09-30 | 0.00% |
| 2020-12-31 | 0.00% |
