Northann (NCL) Tax Rate (2022 - 2025)
Northann (NCL) recorded quarterly Tax Rate of 0.42% in Q4 2025, up 1468.25% quarter-over-quarter from 0.03% in Q4 2024, and up 40.0% on a YoY basis from 0.3% in Q4 2024.
Northann (NCL) Tax Rate (2022 - 2025) Analysis & Trends
Northann's Tax Rate history runs 4 years deep, the most recent figure standing at 0.42% for Q4 2025.
- In Q4 2025, Tax Rate rose 40.0% year-over-year to 0.42%; the TTM figure through Mar 2026 stood at 0.07% (down 5.0% YoY), while the FY2025 annual figure was 0.07%, down 3.0% from the prior year.
- Tax Rate was 0.42% for Q4 2025 at Northann, up from 0.03% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 8.56% in Q4 2022 to a low of 15.2% in Q3 2022.
- Historically, Tax Rate has averaged 0.44% across 4 years, with a median of 0.0% in 2024.
- The sharpest annual moves came in 2023 and 2025: Tax Rate tumbled 879 bps in 2023, then jumped 40 bps in 2025.
- A 4-year view of Tax Rate shows it stood at 8.56% in 2022, then slumped by 103 bps to 0.23% in 2023, then surged by 112 bps to 0.03% in 2024, then jumped by 1468 bps to 0.42% in 2025.
- The last three Tax Rate figures came in at 0.42% (Q4 2025), 0.03% (Q4 2024), and 0.0% (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.88 Bn | 18.88 Bn | 694.97 Mn | 17.69% |
| 2 | Somnigroup International | 15.17 Bn | 15.07 Bn | 776.90 Mn | 24.33% |
| 3 | Mohawk Industries | 6.64 Bn | 5.77 Bn | 641.90 Mn | -8.23% |
| 4 | Alliance Laundry Holdings | 5.06 Bn | 4.90 Bn | 157.19 Mn | 21.37% |
| 5 | Whirlpool | 2.56 Bn | 1.92 Bn | 415.00 Mn | -27.45% |
| 6 | Hni | 2.43 Bn | 2.35 Bn | 499.90 Mn | 30.22% |
| 7 | Interface | 1.85 Bn | 1.79 Bn | 126.72 Mn | 18.34% |
| 8 | La-Z-Boy | 1.58 Bn | 1.29 Bn | 233.51 Mn | 31.34% |
| 9 | Leggett & Platt | 1.48 Bn | 969.37 Mn | 170.70 Mn | 37.30% |
| 10 | Northann | - | - | -494,653.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.42% |
| Dec 31, 2025 | 0.42% |
| Dec 31, 2024 | 0.03% |
| Dec 31, 2024 | 0.03% |
| Sep 30, 2024 | 0.00% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | -0.28% |
| Jun 30, 2024 | -0.28% |
| Dec 31, 2023 | -0.23% |
| Dec 31, 2023 | -0.23% |
| Jun 30, 2023 | -0.06% |
| Jun 30, 2023 | -0.06% |
| Mar 31, 2023 | 2.82% |
| Mar 31, 2023 | 2.82% |
| Dec 31, 2022 | 8.56% |
| Dec 31, 2022 | 8.56% |
| Sep 30, 2022 | -15.20% |
| Sep 30, 2022 | -15.20% |