T1 Energy (TE-WT) Tax Rate (2023 - 2026)
T1 Energy (TE-WT) reported Tax Rate of 6.03% for Q1 2026, down 3467.0% on a YoY basis from 0.18% in Q1 2025, and down 685.19% quarter-over-quarter from 0.77% in Q4 2025.
T1 Energy (TE-WT) Tax Rate (2023 - 2026) Analysis & Trends
T1 Energy has reported Tax Rate for 4 years, with the latest figure at 6.03% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 3467.0% year-over-year to 6.03%; the trailing twelve-month figure through Mar 2026 stood at 5.17% (down 1766.0% YoY), and the FY2025 full-year result was 5.69%, down 1340.0% from the prior year.
- Tax Rate for Q1 2026 stood at 6.03%, down from 0.77% in the prior quarter.
- The five-year high for Tax Rate was 33.74% in Q4 2024, with the low at 6.03% in Q1 2026.
- Historically, Tax Rate has averaged 7.81% across 4 years, with a median of 0.12% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 3340 bps — and 2026, when it tumbled 3467 bps.
- T1 Energy's Tax Rate stood at 0.34% in 2023, then soared by 9746 bps to 33.74% in 2024, then sank by 102 bps to 0.77% in 2025, then tumbled by 685 bps to 6.03% in 2026.
- The last three Tax Rate figures came in at 6.03% (Q1 2026), 0.77% (Q4 2025), and 8.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 11.00% |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 0.54% |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 20.63% |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 22.59% |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 3.86% |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | -0.15% |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 25.73% |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 21.24% |
| 10 | T1 Energy | - | - | 29.08 Mn | -6.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.03% |
| Mar 31, 2026 | -6.03% |
| Dec 31, 2025 | -0.77% |
| Dec 31, 2025 | -0.77% |
| Sep 30, 2025 | 8.65% |
| Sep 30, 2025 | 8.65% |
| Jun 30, 2025 | 15.81% |
| Jun 30, 2025 | 15.81% |
| Mar 31, 2025 | 28.64% |
| Mar 31, 2025 | 28.64% |
| Dec 31, 2024 | 33.74% |
| Dec 31, 2024 | 33.74% |
| Jun 30, 2024 | -0.11% |
| Jun 30, 2024 | -0.11% |
| Dec 31, 2023 | 0.34% |
| Dec 31, 2023 | 0.34% |
| Jun 30, 2023 | -0.55% |
| Jun 30, 2023 | -0.55% |
| Mar 31, 2023 | -1.60% |
| Mar 31, 2023 | -1.60% |