Nocopi Technologies (NNUP) Tax Rate (2020 - 2023)
Nocopi Technologies (NNUP) has disclosed Tax Rate for 4 consecutive years, with 26.16% as the latest value for Q3 2023.
- Quarterly Tax Rate changed N/A to 26.16% in Q3 2023 from the year-ago period, while the trailing twelve-month figure was 4.76% through Sep 2024, down 412.0% year-over-year, with the annual reading at 7.87% for FY2023, 610.0% down from the prior year.
- Tax Rate hit 26.16% in Q3 2023 for 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.
- Historically, Tax Rate has averaged 52.84% across 4 years, with a median of 8.18% in 2021.
- Biggest YoY gain for Tax Rate was 86234bps in 2021; the steepest drop was 317bps in 2021.
- Year by year, Tax Rate stood at 14.11% in 2020, then skyrocketed by 145bps to 6.36% in 2021, then skyrocketed by 93bps to 12.26% in 2022, then surged by 113bps to 26.16% in 2023.
- Business Quant data shows Tax Rate for NNUP at 26.16% in Q3 2023, 25.73% in Q2 2023, and 25.74% in Q1 2023.