Nocera (NCRA) Tax Rate (2018 - 2021)
Nocera's Tax Rate was -84.25% in Q4 2025, down 81.14 percentage points from -3.11% a year earlier and down 84.06 percentage points from the prior quarter.
Analysis
Nocera (NCRA) Tax Rate (2018 - 2021) Analysis & Trends
For FY2025, Tax Rate at Nocera came in at -11.16%, down 5.38 percentage points from FY2024.
- Tax Rate has now declined for three consecutive years, with a five-year change of -17.43 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -5.78% in FY2024 (-5.23 pp), -0.55% in FY2023 (-1.68 pp), 1.13% in FY2022 (+1.23 pp) and -0.10% in FY2021 (-6.37 pp).
- The Q4 2025 figure marks the lowest quarterly Tax Rate since Q2 2020.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -39.08 percentage points over the last four quarters.
- The best year-over-year quarter for Tax Rate over five years was Q2 2021 (a gain of 1821.14 percentage points); the worst was Q4 2025 (a drop of 81.14 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.28 Bn | 34.57 Bn | 1.94 Bn | 16.18% |
| 2 | Bunge Global | 20.79 Bn | 18.30 Bn | 1.68 Bn | 25.03% |
| 3 | Tyson Foods | 17.93 Bn | 14.29 Bn | 921.00 Mn | 30.08% |
| 4 | Jbs | 12.60 Bn | -20.51 Bn | 2.59 Bn | - |
| 5 | Darling Ingredients | 9.52 Bn | 9.12 Bn | 503.37 Mn | 22.13% |
| 6 | Smithfield Foods | 7.49 Bn | 2.44 Bn | 478.00 Mn | 21.40% |
| 7 | Pilgrims Pride | 6.49 Bn | 4.32 Bn | 339.75 Mn | 39.34% |
| 8 | Ingredion | 6.09 Bn | 2.26 Bn | 426.00 Mn | 33.71% |
| 9 | Seaboard | 3.89 Bn | -931.52 Mn | 221.00 Mn | 25.24% |
| 10 | Nocera | 2.75 Mn | -17.40 Mn | 17,998.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 55.67% |
| Mar 31, 2020 | 4.30% |
| Dec 31, 2018 | 25.75% |
API Access
Nocera 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=NCRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NCRA", "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=NCRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();