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