Electrovaya ELVA
NASDAQ ELVA
$6.61 -0.07 (-1.05%)
As of: Aug 21, 2026 · 12:35 PM EDT

Electrovaya (ELVA) Tax Rate (2023 - 2025)

Electrovaya (ELVA) posted quarterly Tax Rate of 9.29% for Q4 2025, up 117.38% quarter-over-quarter from 53.42% in Q4 2024.

Electrovaya (ELVA) Tax Rate (2023 - 2025) Analysis & Trends

Electrovaya (ELVA) has reported Tax Rate for 3 consecutive years, with 9.29% the latest figure, recorded in Q4 2025.

  • In Q4 2025, Tax Rate changed N/A year-over-year to 9.29%; the TTM figure through Mar 2026 stood at 22.18% (changed N/A YoY), while the FY2023 annual figure was 31.46%, changed N/A from the prior year.
  • Tax Rate improved to 9.29% in Q4 2025 per ELVA's latest filing, from 53.42% in the prior quarter.
  • Across five years, Tax Rate topped out at 9.29% in Q4 2025 and bottomed at 72.23% in Q2 2024.
  • Historically, Tax Rate has averaged 38.81% across 3 years, with a median of 46.14% in 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertiv Holdings 99.65 Bn 96.54 Bn 1.23 Bn 19.71%
2 Bloom Energy 57.00 Bn 54.33 Bn 355.57 Mn 0.75%
3 Hubbell 24.88 Bn 24.49 Bn 613.00 Mn 20.25%
4 nVent Electric 24.71 Bn 24.46 Bn 558.00 Mn 23.48%
5 Advanced Energy Industries 11.05 Bn 9.63 Bn 236.10 Mn 18.17%
6 Acuity Inc. (De) 10.33 Bn 9.92 Bn 606.40 Mn 23.87%
7 Powell Industries 7.18 Bn 6.55 Bn 95.30 Mn 24.54%
8 EnerSys 6.91 Bn 6.38 Bn 313.36 Mn 13.75%
9 Plug Power 3.22 Bn 2.90 Bn -1.68 Mn -0.11%
10 Electrovaya 324.20 Mn 300.66 Mn 6.04 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 9.29%
Dec 31, 2025 9.29%
Dec 31, 2025 9.29%
Dec 13, 2024 -53.42%
Dec 13, 2024 -53.42%
Dec 13, 2024 -53.42%
Jun 30, 2024 -72.23%
Jun 30, 2024 -72.23%
Jun 30, 2024 -72.23%
Mar 31, 2023 -38.87%
Mar 31, 2023 -38.87%
Mar 31, 2023 -38.87%