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| Date | Value |
|---|---|
| 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% |