Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateWages, Salaries and Other
Others
Ratios

Ocean Power Technologies (OPTT) Tax Rate (2017 - 2024)

Ocean Power Technologies' Tax Rate history spans 12 years, with the latest figure at 16.15% for Q1 2024.

  • For Q1 2024, Tax Rate rose 1179.0% year-over-year to 16.15%; the TTM value through Apr 2024 reached 5.33%, down 106390.0%, while the annual FY2025 figure was 4.59%, 22.0% up from the prior year.
  • Tax Rate for Q1 2024 was 16.15% at Ocean Power Technologies, up from 4.37% in the prior quarter.
  • Across five years, Tax Rate topped out at 25.27% in Q3 2021 and bottomed at 5.31% in Q2 2022.
  • The 4-year median for Tax Rate is 10.26% (2023), against an average of 10.12%.
  • The largest YoY upside for Tax Rate was 1179bps in 2024 against a maximum downside of 1179bps in 2024.
  • A 4-year view of Tax Rate shows it stood at 25.27% in 2021, then crashed by -121bps to 5.31% in 2022, then soared by 182bps to 4.37% in 2023, then soared by 270bps to 16.15% in 2024.
  • Per Business Quant, the three most recent readings for OPTT's Tax Rate are 16.15% (Q1 2024), 4.37% (Q1 2023), and 5.31% (Q2 2022).