Tecogen (TGEN) Tax Rate (2018 - 2023)
Historic Tax Rate for Tecogen (TGEN) over the last 6 years, with Q4 2023 value amounting to 0.01%.
- Tecogen's Tax Rate changed N/A to 0.01% in Q4 2023 from the same period last year, while for Dec 2023 it was 0.72%, marking a year-over-year decrease of 400.0%. This contributed to the annual value of 0.49% for FY2024, which is 2400.0% up from last year.
- Per Tecogen's latest filing, its Tax Rate stood at 0.01% for Q4 2023.
- Tecogen's Tax Rate's 5-year high stood at 3.8% during Q1 2022, with a 5-year trough of 4.81% in Q2 2019.
- In the last 5 years, Tecogen's Tax Rate had a median value of 0.25% in 2020 and averaged 0.67%.
- Per our database at Business Quant, Tecogen's Tax Rate surged by 46300bps in 2021 and then tumbled by -53600bps in 2023.
- Tecogen's Tax Rate (Quarter) stood at 0.1% in 2019, then plummeted by -158bps to 0.06% in 2020, then soared by 1420bps to 0.76% in 2021, then tumbled by -450bps to 2.65% in 2022, then skyrocketed by 100bps to 0.01% in 2023.
- Its Tax Rate was 0.01% in Q4 2023, compared to 1.26% in Q2 2023 and 1.56% in Q1 2023.