NXT Energy Solutions (NSFDF) Tax Rate (2009 - 2017)

NXT Energy Solutions (NSFDF) reported Tax Rate of 0.0% for Q4 2017, down 562.0% on a YoY basis from 0.0% in Q4 2016, and up 100.0% quarter-over-quarter from 3.75% in Q3 2017.

NXT Energy Solutions (NSFDF) Tax Rate (2009 - 2017) Analysis & Trends

NXT Energy Solutions has reported Tax Rate for 6 years, with the latest figure at 0.0% in Q4 2017.

  • For the quarter ending Q4 2017, Tax Rate fell 562.0% year-over-year to 0.0%; the trailing twelve-month figure through Dec 2017 stood at 0.0% (up 258235353.0% YoY), and the FY2025 full-year result was 27.3%, changed N/A from the prior year.
  • Tax Rate for Q4 2017 stood at 0.0%, up from 3.75% in the prior quarter.
  • The five-year high for Tax Rate was 109.78% in Q1 2013, with the low at 34724168.02% in Q2 2013.
  • Historically, Tax Rate has averaged 3314563.1% across 4 years, with a median of 1.17% in 2016.
  • Annual changes were most pronounced in 2013 — Tax Rate slumped 2000000000 bps — and 2017, when it surged 1499435835 bps.
  • NXT Energy Solutions' Tax Rate stood at 12.08% in 2013, then tumbled by 298 bps to 48.0% in 2015, then jumped by 112 bps to 5.62% in 2016, then tumbled by 100 bps to 0.0% in 2017.
  • The last three Tax Rate figures came in at 0.0% (Q4 2017), 3.75% (Q3 2017), and 3.69% (Q2 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 20.40%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 26.37%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 18.45%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 26.95%
5 Enerflex 8.62 Bn 8.57 Bn - -27.76%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 42.86%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -3.81%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 23.96%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 13.39%
10 NXT Energy Solutions - - -221,195.80 -

Historic Data

Download Data
DateValue
Dec 31, 2017 0.00%
Dec 31, 2017 0.00%
Sep 30, 2017 -3.75%
Sep 30, 2017 -3.75%
Jun 30, 2017 3.69%
Jun 30, 2017 3.69%
Mar 31, 2017 0.39%
Mar 31, 2017 0.39%
Dec 31, 2016 5.62%
Dec 31, 2016 5.62%
Sep 30, 2016 -14,994,362.10%
Sep 30, 2016 -14,994,362.10%
Jun 30, 2016 -1.17%
Jun 30, 2016 -1.17%
Mar 31, 2016 -16.43%
Mar 31, 2016 -16.43%
Dec 31, 2015 -48.00%
Dec 31, 2015 -48.00%
Sep 30, 2015 34.89%
Sep 30, 2015 34.89%