Unitil (UTL) Tax Rate (2010 - 2026)
Unitil (UTL) recorded Tax Rate of 18.97% in Q2 2026, up 4.07 percentage points from 14.89% a year earlier but down 7.42 percentage points from the prior quarter.
Unitil (UTL) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Unitil's Tax Rate came in at 24.23% as of Jun 30, 2026, up 1.07 percentage points year-over-year; for FY2025, it was 23.36%, up 0.45 percentage points from FY2024.
- Annual Tax Rate has increased for three straight years, though with a five-year change of -0.70 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 22.91% in FY2024 (+0.31 pp), 22.60% in FY2023 (+1.31 pp), 21.29% in FY2022 (-2.87 pp) and 24.16% in FY2021 (+0.10 pp).
- Quarterly Tax Rate has ranged from -40.00% in Q3 2023 to 100.00% in Q3 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +16.37 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 140.00 percentage points in Q3 2024, against a drop of 18.75 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.39% (Q1 2026), 25.20% (Q4 2025) and 81.25% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 16.49% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | - |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 8.23% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 14.13% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 14.18% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 19.98% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 22.22% |
| 10 | Unitil | 917.68 Mn | 861.38 Mn | - | 18.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.97% |
| Mar 31, 2026 | 26.39% |
| Dec 31, 2025 | 25.20% |
| Jun 30, 2025 | 14.89% |
| Mar 31, 2025 | 25.68% |
| Dec 31, 2024 | 25.36% |
| Jun 30, 2024 | 12.24% |
| Mar 31, 2024 | 25.68% |
| Dec 31, 2023 | 22.89% |
| Jun 30, 2023 | 14.29% |
| Mar 31, 2023 | 25.62% |
| Dec 31, 2022 | 22.46% |
| Jun 30, 2022 | 2.00% |
| Mar 31, 2022 | 25.61% |
| Dec 31, 2021 | 24.08% |
| Jun 30, 2021 | 20.59% |
| Mar 31, 2021 | 25.59% |
| Dec 31, 2020 | 24.44% |
| Sep 30, 2020 | 57.14% |
| Jun 30, 2020 | 18.42% |
Unitil Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=UTL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "UTL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=UTL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();