Northann (NCL) Tax Rate (2022 - 2025)

Northann's Tax Rate history runs 4 years deep, the most recent figure standing at 0.42% for Q4 2025.

• On a quarterly basis, Tax Rate rose 40.0% year-over-year to 0.42% in Q4 2025; TTM through Mar 2026 was 0.07%, a 5.0% decrease from a year earlier, with the FY2025 full-year figure at 0.07%, down 3.0% from the prior year.
• Tax Rate improved to 0.42% in Q4 2025 per NCL's latest filing, from 0.03% in the prior quarter.
• Across five years, Tax Rate topped out at 8.56% in Q4 2022 and bottomed at 15.2% in Q3 2022.
• The 4-year median for Tax Rate is 0.0% (2024), against an average of 0.44%.
• Across the five-year window, Tax Rate tumbled 879 bps in 2023 and soared 40 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 8.56% in 2022, then plunged 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.
• Per Business Quant, the three latest NCL Tax Rate figures stand at 0.42% (Q4 2025), 0.03% (Q4 2024), and 0.0% (Q3 2024).