Connecticut Light & Power (CNLPL) Tax Rate (2009 - 2026)
Connecticut Light & Power (CNLPL) posted Tax Rate of 25.04% for Q1 2026, up 97.47% on a QoQ basis from 12.68% in Q4 2025, and up 202.0% year-over-year from 8.29% in Q1 2025.
Analysis
Connecticut Light & Power (CNLPL) Tax Rate (2009 - 2026) Analysis & Trends
Connecticut Light & Power has reported Tax Rate for 18 years, with the latest figure at 25.04% in Q1 2026.
- On a quarterly basis, Tax Rate rose 202.0% year-over-year to 25.04% in Q1 2026; TTM through Mar 2026 was 9.22%, a 2927.0% decrease from a year earlier, with the FY2025 full-year figure at 7.62%, down 2652.0% from the prior year.
- Tax Rate was 25.04% for Q1 2026 at Connecticut Light & Power, up from 12.68% in the prior quarter.
- The five-year high for Tax Rate was 92.87% in Q4 2024, with the low at 193.08% in Q3 2024.
- Average Tax Rate over 5 years is 7.02%, with a median of 23.68% recorded in 2024.
- The largest YoY upside for Tax Rate was 8791 bps in 2024 against a maximum downside of 20492 bps in 2024.
- Over 5 years, Tax Rate stood at 24.46% in 2022, then tumbled by 80 bps to 4.95% in 2023, then jumped by 1775 bps to 92.87% in 2024, then sank by 86 bps to 12.68% in 2025, then soared by 97 bps to 25.04% in 2026.
- The last three Tax Rate figures came in at 25.04% (Q1 2026), 12.68% (Q4 2025), and 114.24% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 307.79 Bn | 307.79 Bn | 890.00 Mn | -25.06% |
| 2 | Dominion Energy | 57.93 Bn | 61.83 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 47.28 Bn | 45.27 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 34.52 Bn | 34.88 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 29.47 Bn | 29.59 Bn | - | 14.13% |
| 6 | Firstenergy | 27.06 Bn | 28.36 Bn | 2.51 Bn | 20.72% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 15.58% |
| 8 | Edison International | 21.84 Bn | 21.60 Bn | 3.29 Bn | 16.89% |
| 9 | Cms Energy | 21.46 Bn | 21.85 Bn | 3.65 Bn | 24.03% |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 25.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 25.04% |
| Dec 31, 2025 | 12.68% |
| Sep 30, 2025 | -114.24% |
| Jun 30, 2025 | 23.78% |
| Mar 31, 2025 | 23.01% |
| Dec 31, 2024 | 92.87% |
| Sep 30, 2024 | -193.08% |
| Jun 30, 2024 | 24.47% |
| Mar 31, 2024 | 23.68% |
| Dec 31, 2023 | 4.95% |
| Sep 30, 2023 | 11.84% |
| Jun 30, 2023 | 63.36% |
| Mar 31, 2023 | 23.44% |
| Dec 31, 2022 | 24.46% |
| Sep 30, 2022 | 25.09% |
| Jun 30, 2022 | 24.55% |
| Mar 31, 2022 | 23.40% |
| Dec 31, 2021 | 13.89% |
| Sep 30, 2021 | 24.82% |
| Jun 30, 2021 | 24.49% |