Nli Holdings (NL) Tax Rate (2010 - 2024)
Nli Holdings' Tax Rate was 10.39% in Q3 2025, down 8.57 percentage points from 18.96% a year earlier but up 14.64 percentage points from the prior quarter.
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Analysis
Nli Holdings (NL) Tax Rate (2010 - 2024) Analysis & Trends
On a trailing twelve-month basis, Nli Holdings' Tax Rate was 16.17% through Sep 30, 2025, up 1.23 percentage points year-over-year; for FY2024, it came in at 16.87%, down 92.20 percentage points from FY2023.
- Tax Rate shows a five-year change of +14.77 percentage points (FY2019 to FY2024).
- In earlier years, Tax Rate was 109.07% in FY2023 (+101.97 pp), 7.10% in FY2022 (-5.20 pp), 12.29% in FY2021 (+30.80 pp) and -18.51% in FY2020 (-20.61 pp).
- Quarterly Tax Rate has moved between -31.45% (Q1 2023) and 324.92% (Q3 2023) over five years.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -44.93 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2023 (a gain of 284.89 percentage points); the worst was Q1 2021 (a drop of 418.34 percentage points).
- Per Business Quant data, NL's Tax Rate in the three quarters before Q3 2025 was -4.25% (Q2 2025), -1.77% (Q1 2025) and 15.99% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | Nli Holdings | 342.53 Mn | -73.46 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 15.99% |
| Sep 30, 2024 | 18.96% |
| Jun 30, 2024 | 13.35% |
| Mar 31, 2024 | 11.90% |
| Jun 30, 2022 | 17.16% |
| Mar 31, 2022 | 12.34% |
| Dec 31, 2021 | 11.41% |
| Sep 30, 2021 | 9.23% |
| Jun 30, 2021 | 12.50% |
| Mar 31, 2021 | 15.30% |
| Dec 31, 2020 | 19.30% |
| Sep 30, 2020 | 22.70% |
| Jun 30, 2019 | 9.23% |
| Mar 31, 2019 | 14.00% |
| Dec 31, 2018 | 0.51% |
| Mar 31, 2018 | 18.43% |
| Sep 30, 2017 | 26.65% |
| Jun 30, 2017 | 32.77% |
| Mar 31, 2017 | 19.92% |
| Jun 30, 2016 | 22.07% |
API Access
Nli Holdings 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=NL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NL", "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=NL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();