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
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%