Growth Metrics

Connecticut Light & Power (CNPWP) Tax Rate (2016 - 2025)

Connecticut Light & Power (CNPWP) has 15 years of Tax Rate data on record, last reported at 23.68% in Q1 2024.

  • For Q1 2024, Tax Rate rose 24.0% year-over-year to 23.68%; the TTM value through Mar 2024 reached 214.52%, down 24564.0%, while the annual FY2021 figure was 21.89%, 31.0% down from the prior year.
  • Tax Rate reached 23.68% in Q1 2024 per CNPWP's latest filing, up from 23.44% in the prior quarter.
  • Across five years, Tax Rate topped out at 24.82% in Q3 2021 and bottomed at 13.89% in Q4 2021.
  • Average Tax Rate over 4 years is 22.25%, with a median of 23.54% recorded in 2021.
  • The widest YoY moves for Tax Rate: up 371bps in 2020, down -2513bps in 2020.
  • A 4-year view of Tax Rate shows it stood at 20.49% in 2020, then crashed by -32bps to 13.89% in 2021, then surged by 69bps to 23.44% in 2023, then grew by 1bps to 23.68% in 2024.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 23.68% in Q1 2024, 23.44% in Q1 2023, and 13.89% in Q4 2021.