Ballard Power Systems (BLDP) Tax Rate (2015 - 2025)
Ballard Power Systems' Tax Rate came in at 0.11% for the quarter ended Jun 30, 2026, up 0.01 percentage points from 0.10% a year earlier.
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Analysis
Ballard Power Systems (BLDP) Tax Rate (2015 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ballard Power Systems reported Tax Rate of 0.16%, up 0.13 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 0.06%, up 0.02 percentage points from the prior year.
- Tax Rate carries a five-year change of -0.21 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was 0.04% in the year ended Dec 31, 2024 (-0.07 pp), 0.11% in the year ended Dec 31, 2023 (+0.08 pp), 0.03% in the year ended Dec 31, 2022 (+0.21 pp) and -0.19% in the year ended Dec 31, 2021 (-0.45 pp).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Tax Rate since the quarter ended Jun 30, 2024.
- Year-over-year, Tax Rate increased in three of the last six quarters, with an average year-over-year change of -0.03 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2023 (a gain of 7.40 percentage points), and the weakest in the quarter ended Dec 31, 2022 (a drop of 8.41 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 8.01% |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 21.56% |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 16.88% |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 24.61% |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 28.32% |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.11% |
| Dec 31, 2019 | 0.37% |
| Dec 31, 2018 | 12.92% |
| Dec 31, 2017 | 140.56% |
| Dec 31, 2016 | 35.28% |
| Dec 31, 2015 | 14.59% |
API Access
Ballard Power Systems Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();