Tecogen (TGEN) Tax Rate (2018 - 2023)

Tecogen has reported Tax Rate for 6 years, with the latest figure 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.
• The five-year high for Tax Rate was 3.8% in Q1 2022, with the low at 4.81% in Q2 2019.
• Historically, Tax Rate has averaged 0.67% across 5 years, with a median of 0.25% in 2020.
• Annual changes were most pronounced in 2021 — Tax Rate surged 463 bps — and 2023, when it plunged 536 bps.
• Tecogen's Tax Rate stood at 0.1% in 2019, then slumped by 158 bps to 0.06% in 2020, then surged by 1420 bps to 0.76% in 2021, then sank by 450 bps to 2.65% in 2022, then soared 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.