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 -1.37% is 55% below its 5-year average of -0.89%, near the low end of its 5-year range (-1.37%–-0.40%).
As of the fiscal period ended Wednesday, December 31, 2025. 11.38% below its 12-month average of -1.23%.
Reported annual effective tax rate; no daily interpolation. Historical series through 2025-12-31.
TAX RATE
-1.37%
TAX RATE AVG TTM
-1.23%
TAX RATE AVG 3Y
-1.04%
TAX RATE AVG 5Y
-0.89%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-11.38%
CURRENT VS 3Y AVG
-31.10%
CURRENT VS 5Y AVG
-54.51%
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 | -1.37% |
| 2024-12-31 | -1.09% |
| 2023-12-31 | -0.99% |
| 2022-12-31 | -0.73% |
| 2021-12-31 | -0.74% |
| 2020-12-31 | -0.40% |
| 2019-12-31 | -0.14% |
| 2018-12-31 | -0.11% |
| 2017-12-31 | -0.53% |
