Fuelcell Energy (FCEL) Tax Rate (2010 - 2025)
Fuelcell Energy recorded quarterly Tax Rate of 0.06% in Q4 2025, up 246.52% quarter-over-quarter from 0.04% in Q3 2025, and up 4.0% year-over-year from 0.06% in Q4 2024.
Fuelcell Energy's Tax Rate history runs 16 years deep, the most recent figure standing at 0.06% for Q4 2025.
- In Q4 2025, Tax Rate rose 4.0% year-over-year to 0.06%; the TTM figure through Oct 2025 stood at 0.06% (up 24.0% YoY), while the FY2025 annual figure was 0.05%, up 14.0% from the prior year.
- Tax Rate came in at 0.06% for Q4 2025 at Fuelcell Energy, up from 0.04% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.06% in Q4 2025 to a low of 2.82% in Q1 2023.
- A 5-year average of 0.42% and a median of 0.01% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 168 bps in 2022 and jumped 76 bps in 2023, its largest moves.
- Fuelcell Energy's Tax Rate stood at 0.0% in 2021, then tumbled by 14846 bps to 0.73% in 2022, then jumped by 104 bps to 0.03% in 2023, then declined by 3 bps to 0.03% in 2024, then jumped by 130 bps to 0.06% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 0.06%, 0.04%, and 0.22% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 11.00 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 0.54 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 20.63 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 22.59 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 3.86 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 25.73 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 21.24 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 22.01 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -0.02 |
| 10 | Fuelcell Energy | 1.21 Bn | 903.11 Mn | -5.86 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2025 | 0.06 |
| Oct 31, 2025 | 0.06 |
| Jul 31, 2025 | -0.04 |
| Jul 31, 2025 | -0.04 |
| Apr 30, 2025 | -0.22 |
| Apr 30, 2025 | -0.22 |
| Oct 31, 2024 | 0.03 |
| Oct 31, 2024 | 0.03 |
| Jul 31, 2024 | -0.01 |
| Jul 31, 2024 | -0.01 |
| Oct 31, 2023 | 0.03 |
| Oct 31, 2023 | 0.03 |
| Apr 30, 2023 | -0.01 |
| Apr 30, 2023 | -0.01 |
| Jan 31, 2023 | -2.82 |
| Jan 31, 2023 | -2.82 |
| Oct 31, 2022 | -0.73 |
| Oct 31, 2022 | -0.73 |
| Jul 31, 2022 | -1.73 |
| Jul 31, 2022 | -1.73 |
| Oct 31, 2021 | 0.00 |
| Oct 31, 2021 | 0.00 |
| Jul 31, 2021 | -0.06 |
| Jul 31, 2021 | -0.06 |
| Apr 30, 2021 | 0.02 |
| Apr 30, 2021 | 0.02 |
| Oct 31, 2020 | 0.22 |
| Oct 31, 2020 | 0.22 |
| Jul 31, 2020 | -0.07 |
| Jul 31, 2020 | -0.07 |
| Apr 30, 2020 | -0.07 |
| Apr 30, 2020 | -0.07 |
| Jan 31, 2020 | -0.05 |
| Jan 31, 2020 | -0.05 |
| Oct 31, 2019 | -0.06 |
| Oct 31, 2019 | -0.06 |
| Jul 31, 2019 | -0.38 |
| Jul 31, 2019 | -0.38 |
| Apr 30, 2019 | -0.35 |
| Apr 30, 2019 | -0.35 |
| Oct 31, 2018 | -0.14 |
| Oct 31, 2018 | -0.14 |
| Jul 31, 2018 | -0.09 |
| Jul 31, 2018 | -0.09 |
| Jan 31, 2018 | 42.05 |
| Jan 31, 2018 | 42.05 |
| Jul 31, 2017 | 0.01 |
| Jul 31, 2017 | 0.01 |
| Apr 30, 2017 | 0.27 |
| Apr 30, 2017 | 0.27 |
| Jan 31, 2017 | -0.60 |
| Jan 31, 2017 | -0.60 |
| Oct 31, 2016 | -0.91 |
| Oct 31, 2016 | -0.91 |
| Jul 31, 2016 | -1.10 |
| Jul 31, 2016 | -1.10 |
| Apr 30, 2016 | -1.16 |
| Apr 30, 2016 | -1.16 |
| Jan 31, 2016 | -0.90 |
| Jan 31, 2016 | -0.90 |
| Oct 31, 2015 | 0.54 |
| Oct 31, 2015 | 0.54 |
| Jul 31, 2015 | -1.28 |
| Jul 31, 2015 | -1.28 |
| Apr 30, 2015 | -0.55 |
| Apr 30, 2015 | -0.55 |
| Jan 31, 2015 | -0.97 |
| Jan 31, 2015 | -0.97 |
| Oct 31, 2014 | -4.69 |
| Oct 31, 2014 | -4.69 |
| Jul 31, 2014 | -1.29 |
| Jul 31, 2014 | -1.29 |
| Apr 30, 2014 | -0.43 |
| Apr 30, 2014 | -0.43 |
| Jan 31, 2014 | -1.03 |
| Jan 31, 2014 | -1.03 |
| Oct 31, 2013 | -3.62 |
| Oct 31, 2013 | -3.62 |
| Jul 31, 2013 | 0.34 |
| Jul 31, 2013 | 0.34 |
| Apr 30, 2013 | -0.46 |
| Apr 30, 2013 | -0.46 |
| Jan 31, 2013 | -0.06 |
| Jan 31, 2013 | -0.06 |
| Jul 31, 2012 | 0.09 |
| Jul 31, 2012 | 0.09 |
| Apr 30, 2012 | 1.43 |
| Apr 30, 2012 | 1.43 |
| Jan 31, 2012 | -3.42 |
| Jan 31, 2012 | -3.42 |
| Oct 31, 2011 | -0.11 |
| Oct 31, 2011 | -0.11 |
| Apr 30, 2011 | -0.05 |
| Apr 30, 2011 | -0.05 |
| Jan 31, 2011 | -0.16 |
| Jan 31, 2011 | -0.16 |
| Oct 31, 2010 | -0.18 |
| Oct 31, 2010 | -0.18 |
| Jul 31, 2010 | -0.42 |
| Jul 31, 2010 | -0.42 |