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 -0.05% is 51% above its 5-year average of -0.10%, near the high end of its 5-year range (-0.56%–0.00%).
As of the fiscal period ended Wednesday, December 31, 2025. 83.61% above its 12-month average of -0.31%.
Reported annual effective tax rate; no daily interpolation.
TAX RATE
-0.05%
TAX RATE AVG TTM
-0.31%
TAX RATE AVG 3Y
-0.15%
TAX RATE AVG 5Y
-0.10%
TAX RATE AVG 10Y
-0.09%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+83.61%
CURRENT VS 3Y AVG
+67.21%
CURRENT VS 5Y AVG
+50.82%
CURRENT VS 10Y AVG
+42.62%
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 | -0.05% |
| 2024-12-31 | -0.56% |
| 2023-12-31 | 0.00% |
| 2022-12-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2019-12-31 | 0.00% |
| 2014-12-31 | 0.00% |
