Growth Metrics

Nocopi Technologies (NNUP) Tax Rate (2020 - 2023)

Nocopi Technologies recorded quarterly Tax Rate of 26.16% in Q3 2023, up 1.68% quarter-over-quarter from 25.73% in Q2 2023.

Nocopi Technologies' Tax Rate history runs 4 years deep, the most recent figure standing at 26.16% for Q3 2023.

  • In Q3 2023, Tax Rate changed N/A year-over-year to 26.16%; the TTM figure through Jun 2024 stood at 4.29% (down 777.0% YoY), while the FY2023 annual figure 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.
  • A 4-year average of 52.84% and a median of 8.18% in 2021 frame the typical range for Tax Rate.
  • On a YoY basis, Tax Rate climbed as much as 86234 bps in 2021 and fell as far as 317 bps in 2021.
  • Nocopi Technologies' Tax Rate stood at 14.11% in 2020, then soared by 145 bps to 6.36% in 2021, then soared by 93 bps to 12.26% in 2022, then jumped by 113 bps to 26.16% in 2023.
  • According to Business Quant data, Tax Rate over the past three periods registered 26.16%, 25.73%, and 25.74% for Q3 2023, Q2 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Linde 230.79 Bn 226.84 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 72.51 Bn 72.30 Bn 2.78 Bn 21.34
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 13.89
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 17.96
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 25.53
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn -1.46
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn -
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 17.13
10 Nocopi Technologies - - 190,600.00 -

Historic Data

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DateValue
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
Jun 30, 2020 6.60
Jun 30, 2020 6.60
Mar 31, 2020 -856.36
Mar 31, 2020 -856.36