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 -1.86% is in line with its 5-year average of -1.71%, near the high end of its 5-year range (-7.75%–0.00%).
As of the fiscal period ended Friday, October 31, 2025. 61.29% above its 12-month average of -4.80%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-10-31.
TAX RATE
-1.86%
TAX RATE AVG TTM
-4.80%
TAX RATE AVG 3Y
-2.56%
TAX RATE AVG 5Y
-1.71%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+61.29%
CURRENT VS 3Y AVG
+27.34%
CURRENT VS 5Y AVG
-8.98%
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 |
|---|---|
| 2025-10-31 | -1.86% |
| 2024-10-31 | -7.75% |
| 2023-10-31 | -0.20% |
| 2022-10-31 | -0.43% |
| 2021-10-31 | 0.00% |
| 2020-10-31 | 0.00% |
| 2019-10-31 | 0.00% |
| 2018-10-31 | 0.00% |
| 2017-10-31 | 0.00% |
