Ocean Power Technologies (OPTT) Tax Rate (2017 - 2024)
Historic Tax Rate for Ocean Power Technologies (OPTT) over the last 13 years, with Q1 2024 value amounting to 16.15%.
- Ocean Power Technologies' Tax Rate rose 117900.0% to 16.15% in Q1 2024 from the same period last year, while for Apr 2024 it was 5.33%, marking a year-over-year increase of 42900.0%. This contributed to the annual value of 4.59% for FY2025, which is 2200.0% up from last year.
- According to the latest figures from Q1 2024, Ocean Power Technologies' Tax Rate is 16.15%, which was up 117900.0% from 4.37% recorded in Q1 2023.
- Over the past 5 years, Ocean Power Technologies' Tax Rate peaked at 25.27% during Q3 2021, and registered a low of 4.37% during Q1 2023.
- Over the past 4 years, Ocean Power Technologies' median Tax Rate value was 14.66% (recorded in 2022), while the average stood at 14.74%.
- Examining YoY changes over the last 5 years, Ocean Power Technologies' Tax Rate showed a top increase of 117900bps in 2024 and a maximum decrease of 117900bps in 2024.
- Ocean Power Technologies' Tax Rate (Quarter) stood at 25.27% in 2021, then tumbled by -48bps to 13.18% in 2022, then tumbled by -67bps to 4.37% in 2023, then surged by 270bps to 16.15% in 2024.
- Its Tax Rate stands at 16.15% for Q1 2024, versus 4.37% for Q1 2023 and 13.18% for Q2 2022.