Tecogen (TGEN) Tax Rate (2018 - 2023)

Tecogen (TGEN) has 6 years of Tax Rate data on file, last reported at 0.01% in Q4 2023.

• For the quarter ending Q4 2023, Tax Rate changed N/A year-over-year to 0.01%; the trailing twelve-month figure through Dec 2023 stood at 0.72% (down 4.0% YoY), and the FY2025 full-year result was 0.25%, up 23.0% from the prior year.
• Tax Rate for Q4 2023 stood at 0.01%, up from 1.26% in the prior quarter.
• Across five years, Tax Rate topped out at 3.8% in Q1 2022 and bottomed at 4.81% in Q2 2019.
• The 5-year median for Tax Rate is 0.25% (2020), against an average of 0.67%.
• The widest annual swing landed in 2021, when Tax Rate surged 463 bps; it then slumped 536 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 0.1% in 2019, then sank by 158 bps to 0.06% in 2020, then soared by 1420 bps to 0.76% in 2021, then plunged by 450 bps to 2.65% in 2022, then jumped by 100 bps to 0.01% in 2023.
• The last three Tax Rate figures came in at 0.01% (Q4 2023), 1.26% (Q2 2023), and 1.56% (Q1 2023), per Business Quant data.

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