NET Power (NPWR) Tax Rate (2023 - 2025)
NET Power (NPWR) reported Tax Rate of 3.18% for Q4 2025, up 375.0% year-over-year from 0.67% in Q4 2024, and up 3037.55% quarter-over-quarter from 0.1% in Q3 2025.
NET Power (NPWR) Tax Rate (2023 - 2025) Analysis & Trends
NET Power (NPWR) has 3 years of Tax Rate data on file, last reported at 3.18% in Q4 2025.
- Tax Rate for Q4 2025 came in at 3.18%, up 375.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.35% (down 87.0% YoY), and the FY2025 annual result was 0.26%, down 578.0% from the prior year.
- Tax Rate climbed to 3.18% in Q4 2025 per NPWR's latest filing, from 0.1% in the prior quarter.
- Over five years, Tax Rate peaked at 41.06% in Q3 2024 and troughed at 0.57% in Q4 2024.
- A 3-year average of 6.78% and a median of 1.34% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 4031 bps in 2024, then slumped 4095 bps in 2025.
- A 3-year view of Tax Rate shows it stood at 0.74% in 2023, then plunged by 176 bps to 0.57% in 2024, then jumped by 662 bps to 3.18% in 2025.
- Business Quant data shows NPWR's Tax Rate at 3.18% in Q4 2025, 0.1% in Q3 2025, and 1.94% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | NET Power | 141.73 Mn | 454.29 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.18% |
| Dec 31, 2025 | 3.18% |
| Sep 30, 2025 | 0.10% |
| Sep 30, 2025 | 0.10% |
| Jun 30, 2025 | 1.94% |
| Jun 30, 2025 | 1.94% |
| Mar 31, 2025 | -0.11% |
| Mar 31, 2025 | -0.11% |
| Dec 31, 2024 | -0.57% |
| Dec 31, 2024 | -0.57% |
| Sep 30, 2024 | 41.06% |
| Sep 30, 2024 | 41.06% |
| Jun 30, 2024 | 12.02% |
| Jun 30, 2024 | 12.02% |
| Mar 31, 2024 | 8.84% |
| Mar 31, 2024 | 8.84% |
| Sep 30, 2023 | 0.74% |
| Sep 30, 2023 | 0.74% |
| Jun 30, 2023 | 0.60% |
| Jun 30, 2023 | 0.60% |