Tax Rate: 5.66%
Is the tax rate high or low?
The tax rate of 5.66% is 72% below its 5-year average of 20.41%, near the low end of its 5-year range (4.68%–31.28%).
68.85% below its 12-month average of 18.17%.
NXT Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
NXT Average Tax Rate Chart
NXT Current vs Average Tax Rate Chart
NXT Tax Rate Metrics
TAX RATE
5.66%
TAX RATE AVG TTM
18.17%
TAX RATE AVG 3Y
18.68%
TAX RATE AVG 5Y
21.20%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-68.85%
CURRENT VS 3Y AVG
-69.71%
CURRENT VS 5Y AVG
-73.31%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Nextpower Inc. (NXT)?
- The tax rate for NXT stock is 5.66%.
- Is Nextpower Inc.'s tax rate high or low?
- The tax rate of 5.66% is 72% below its 5-year average of 20.41%, near the low end of its 5-year range (4.68%–31.28%).
- What is the TTM average tax rate for Nextpower Inc. (NXT)?
- The TTM average tax rate for NXT stock is 18.17%.
- What is the 3Y average tax rate for Nextpower Inc. (NXT)?
- The 3Y average tax rate for NXT stock is 18.68%.
- What is the 5Y average tax rate for Nextpower Inc. (NXT)?
- The 5Y average tax rate for NXT stock is 21.20%.
NXT Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 5.66% |
| 2025-12-31 | 27.29% |
| 2025-09-26 | 19.63% |
| 2025-06-27 | 17.69% |
| 2025-03-31 | 20.56% |
| 2024-12-31 | 26.74% |
| 2024-09-27 | 14.53% |
| 2024-06-28 | 17.87% |
| 2024-03-31 | 21.15% |
| 2023-12-31 | 23.28% |
| 2023-09-29 | 4.68% |
| 2023-06-30 | 12.51% |
| 2023-03-31 | 31.28% |
| 2022-12-31 | 30.22% |
| 2022-09-30 | 29.02% |
| 2022-06-30 | 19.11% |
| 2022-03-31 | 18.95% |
| 2021-12-31 | 26.27% |
| 2021-10-01 | 19.99% |
| 2021-07-02 | 20.87% |
| 2021-03-31 | 21.31% |
| 2020-12-31 | 21.31% |
| 2020-09-25 | 21.31% |
| 2020-06-26 | 21.31% |
Related Metrics
About Nextpower Inc.
Nextpower Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. It also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor, a solar tracker foundation system to facilitate solar project development in challenging soil conditions; NX Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company serves engineering, procurement, and construction firms, as well as solar project developers and owners. Nextpower Inc. was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
- Sector
- Technology
- Industry
- Consumer Electronics
- CEO
- Daniel S. Shugar