Growth Metrics

Tecogen (TGEN) Tax Rate (2018 - 2023)

Tecogen's Tax Rate history spans 6 years, with the latest figure at 0.01% for Q4 2023.

  • For Q4 2023, Tax Rate changed N/A year-over-year to 0.01%; the TTM value through Dec 2023 reached 0.72%, down 4.0%, while the annual FY2025 figure was 0.25%, 23.0% up from the prior year.
  • Tax Rate reached 0.01% in Q4 2023 per TGEN's latest filing, up from 1.26% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 3.8% in Q1 2022 to a low of 4.81% in Q2 2019.
  • Average Tax Rate over 5 years is 0.67%, with a median of 0.25% recorded in 2020.
  • Peak YoY movement for Tax Rate: soared 463bps in 2021, then tumbled -536bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 0.1% in 2019, then crashed by -158bps to 0.06% in 2020, then skyrocketed by 1420bps to 0.76% in 2021, then plummeted by -450bps to 2.65% in 2022, then surged by 100bps to 0.01% in 2023.
  • Per Business Quant, the three most recent readings for TGEN's Tax Rate are 0.01% (Q4 2023), 1.26% (Q2 2023), and 1.56% (Q1 2023).