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
DateValue
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