Connecticut Light & Power (CNTHP) Tax Rate (2009 - 2026)
Connecticut Light & Power's Tax Rate came in at 28.60% for Q1 2026, up 2.19 percentage points from 26.41% a year earlier and up 12.40 percentage points from the prior quarter.
Connecticut Light & Power (CNTHP) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Connecticut Light & Power reported Tax Rate of 9.74%, down 22.45 percentage points year-over-year; for FY2025, it was 8.04%, down 24.70 percentage points from FY2024.
- Tax Rate carries a five-year change of -15.83 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 32.74% in FY2024 (+22.39 pp), 10.34% in FY2023 (-19.50 pp), 29.84% in FY2022 (+5.45 pp) and 24.40% in FY2021 (+0.52 pp).
- The five-year range for quarterly Tax Rate is -53.16% (Q3 2025) to 129.23% (Q4 2024).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -1.07 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 149.72 percentage points), and the weakest in Q4 2025 (a drop of 113.03 percentage points).
- Business Quant data shows CNTHP's Tax Rate at 16.20% (Q4 2025), -53.16% (Q3 2025) and 29.91% (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 16.49% |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 8.23% |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 14.13% |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 14.18% |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 19.98% |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 22.22% |
| 10 | Connecticut Light & Power | 19.55 Bn | 19.71 Bn | - | 28.60% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 28.60% |
| Dec 31, 2025 | 16.20% |
| Jun 30, 2025 | 29.91% |
| Mar 31, 2025 | 26.41% |
| Dec 31, 2024 | 129.23% |
| Sep 30, 2024 | 24.55% |
| Jun 30, 2024 | 32.99% |
| Mar 31, 2024 | 27.30% |
| Sep 30, 2023 | 14.87% |
| Jun 30, 2023 | 8.47% |
| Mar 31, 2023 | 27.20% |
| Dec 31, 2022 | 31.09% |
| Sep 30, 2022 | 31.04% |
| Jun 30, 2022 | 32.35% |
| Mar 31, 2022 | 26.68% |
| Dec 31, 2021 | 15.47% |
| Sep 30, 2021 | 28.06% |
| Jun 30, 2021 | 28.22% |
| Mar 31, 2021 | 25.45% |
| Dec 31, 2020 | 22.10% |
Connecticut Light & Power 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=CNTHP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CNTHP", "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=CNTHP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();