Nocopi Technologies (NNUP) Tax Rate (2020 - 2023)
Nocopi Technologies' (NNUP) quarterly Tax Rate came in at 26.16% in Q3 2023, up 1.68% quarter-over-quarter from 25.73% in Q2 2023.
Nocopi Technologies (NNUP) Tax Rate (2020 - 2023) Analysis & Trends
Nocopi Technologies has disclosed Tax Rate across 4 years of filings, most recently posting 26.16% for Q3 2023.
- Tax Rate for Q3 2023 came in at 26.16%, changed N/A year-over-year; the trailing twelve-month figure through Jun 2024 was 4.29% (down 777.0% YoY), and the FY2023 annual result was 7.87%, down 610.0% from the prior year.
- Tax Rate came in at 26.16% for Q3 2023 at Nocopi Technologies, up from 25.73% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 112.09% in Q3 2021 to a low of 856.36% in Q1 2020.
- The 4-year median for Tax Rate is 8.18% (2021), against an average of 52.84%.
- Peak annual rise in Tax Rate reached 86234 bps in 2021, while the deepest fall reached 317 bps in 2021.
- Nocopi Technologies' Tax Rate stood at 14.11% in 2020, then surged by 145 bps to 6.36% in 2021, then surged by 93 bps to 12.26% in 2022, then soared by 113 bps to 26.16% in 2023.
- The last three Tax Rate figures came in at 26.16% (Q3 2023), 25.73% (Q2 2023), and 25.74% (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 23.49 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -41.34 |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 25.53 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 18.66 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 17.13 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -1.46 |
| 10 | Nocopi Technologies | - | - | 190,600.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 26.16% |
| Sep 30, 2023 | 26.16% |
| Jun 30, 2023 | 25.73% |
| Jun 30, 2023 | 25.73% |
| Mar 31, 2023 | 25.74% |
| Mar 31, 2023 | 25.74% |
| Dec 31, 2022 | 12.26% |
| Dec 31, 2022 | 12.26% |
| Dec 31, 2021 | 6.36% |
| Dec 31, 2021 | 6.36% |
| Sep 30, 2021 | 112.09% |
| Sep 30, 2021 | 112.09% |
| Jun 30, 2021 | 9.77% |
| Jun 30, 2021 | 9.77% |
| Mar 31, 2021 | 5.98% |
| Mar 31, 2021 | 5.98% |
| Dec 31, 2020 | -14.11% |
| Dec 31, 2020 | -14.11% |
| Sep 30, 2020 | 5.72% |
| Sep 30, 2020 | 5.72% |