NET Power (NPWR-WT) Tax Rate (2023 - 2025)
NET Power's (NPWR-WT) quarterly Tax Rate came in at 3.18% in Q4 2025, up 374.0% year-on-year from 0.67% in Q4 2024, and up 2972.56% on a QoQ basis from 0.1% in Q3 2025.
NET Power (NPWR-WT) Tax Rate (2023 - 2025) Analysis & Trends
NET Power (NPWR-WT) has 3 years of Tax Rate data on file, last reported at 3.18% in Q4 2025.
- On a quarterly basis, Tax Rate rose 374.0% year-over-year to 3.18% in Q4 2025; TTM through Mar 2026 was 0.35%, a 87.0% decrease from a year earlier, with the FY2025 full-year figure at 0.26%, down 578.0% from the prior year.
- Tax Rate for Q4 2025 stood at 3.18%, up from 0.1% in the prior quarter.
- Over the last five years, Tax Rate for NPWR-WT reached as high as 41.06% in Q3 2024 and fell as low as 0.57% in Q4 2024.
- Historically, Tax Rate has averaged 6.7% across 3 years, with a median of 1.26% in 2023.
- Across the five-year window, Tax Rate jumped 4105 bps in 2024 and plunged 4095 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 0.0% in 2023, then sank by 11601 bps to 0.57% in 2024, then soared by 661 bps to 3.18% in 2025.
- Per Business Quant data, the three most recent Tax Rate figures were 3.18% in Q4 2025, 0.1% in Q3 2025, and 1.91% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 29.84 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 21.68 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 19.21 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 27.19 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 22.07 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 20.58 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 18.99 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.23 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.70 |
| 10 | NET Power | 15.48 Mn | 15.48 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.18 |
| Dec 31, 2025 | 3.18 |
| Dec 31, 2025 | 3.18 |
| Sep 30, 2025 | 0.10 |
| Sep 30, 2025 | 0.10 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 1.91 |
| Jun 30, 2025 | 1.91 |
| Jun 30, 2025 | 1.91 |
| Mar 31, 2025 | -0.11 |
| Mar 31, 2025 | -0.11 |
| Mar 31, 2025 | -0.11 |
| Dec 31, 2024 | -0.57 |
| Dec 31, 2024 | -0.57 |
| Dec 31, 2024 | -0.57 |
| Sep 30, 2024 | 41.06 |
| Sep 30, 2024 | 41.06 |
| Sep 30, 2024 | 41.06 |
| Jun 30, 2024 | 12.02 |
| Jun 30, 2024 | 12.02 |