Tecogen (TGEN) Tax Rate (2018 - 2023)

Tecogen (TGEN) has reported Tax Rate for 6 consecutive years, with 0.01% the latest figure, recorded 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 rose to 0.01% in Q4 2023 per TGEN's latest filing, 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.
• Historically, Tax Rate has averaged 0.67% across 5 years, with a median of 0.25% in 2020.
• The sharpest annual moves came in 2021 and 2023: Tax Rate soared 463 bps in 2021, then sank 536 bps in 2023.
• Over 5 years, Tax Rate stood at 0.1% in 2019, then plunged by 158 bps to 0.06% in 2020, then jumped by 1420 bps to 0.76% in 2021, then tumbled by 450 bps to 2.65% in 2022, then surged by 100 bps to 0.01% in 2023.
• According to Business Quant data, Tax Rate over the past three periods registered 0.01%, 1.26%, and 1.56% for Q4 2023, Q2 2023, and Q1 2023 respectively.