Nortech Systems (NSYS) Tax Rate (2010 - 2026)
Nortech Systems recorded quarterly Tax Rate of 83.73% in Q1 2026, up 1608.34% quarter-over-quarter from 5.55% in Q4 2025, and up 5576.0% year-over-year from 1.48% in Q1 2025.
Nortech Systems' Tax Rate history runs 17 years deep, the most recent figure standing at 83.73% for Q1 2026.
- In Q1 2026, Tax Rate rose 5576.0% year-over-year to 83.73%; the TTM figure through Mar 2026 stood at 12.38% (down 1482.0% YoY), while the FY2025 annual figure was 8.17%, down 2240.0% from the prior year.
- Tax Rate came in at 83.73% for Q1 2026 at Nortech Systems, up from 5.55% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 156.44% in Q4 2022 to a low of 94.37% in Q1 2022.
- A 5-year average of 27.0% and a median of 22.57% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 16040 bps in 2022 and tumbled 16873 bps in 2023, its largest moves.
- Nortech Systems' Tax Rate stood at 156.44% in 2022, then plunged by 108 bps to 12.29% in 2023, then soared by 436 bps to 41.32% in 2024, then sank by 113 bps to 5.55% in 2025, then soared by 1608 bps to 83.73% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 83.73%, 5.55%, and 121.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | Nortech Systems | 48.92 Mn | 46.72 Mn | 4.70 Mn | 83.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.73 |
| Mar 31, 2026 | 83.73 |
| Dec 31, 2025 | -5.55 |
| Dec 31, 2025 | -5.55 |
| Sep 30, 2025 | 121.73 |
| Sep 30, 2025 | 121.73 |
| Jun 30, 2025 | 35.46 |
| Jun 30, 2025 | 35.46 |
| Mar 31, 2025 | 27.97 |
| Mar 31, 2025 | 27.97 |
| Dec 31, 2024 | 41.32 |
| Dec 31, 2024 | 41.32 |
| Sep 30, 2024 | -8.20 |
| Sep 30, 2024 | -8.20 |
| Jun 30, 2024 | 12.29 |
| Jun 30, 2024 | 12.29 |
| Mar 31, 2024 | 22.57 |
| Mar 31, 2024 | 22.57 |
| Dec 31, 2023 | -12.29 |
| Dec 31, 2023 | -12.29 |
| Sep 30, 2023 | -21.43 |
| Sep 30, 2023 | -21.43 |
| Jun 30, 2023 | 34.91 |
| Jun 30, 2023 | 34.91 |
| Mar 31, 2023 | 27.78 |
| Mar 31, 2023 | 27.78 |
| Dec 31, 2022 | 156.44 |
| Dec 31, 2022 | 156.44 |
| Sep 30, 2022 | 15.85 |
| Sep 30, 2022 | 15.85 |
| Jun 30, 2022 | 20.81 |
| Jun 30, 2022 | 20.81 |
| Mar 31, 2022 | -94.37 |
| Mar 31, 2022 | -94.37 |
| Dec 31, 2021 | -3.96 |
| Dec 31, 2021 | -3.96 |
| Sep 30, 2021 | 25.96 |
| Sep 30, 2021 | 25.96 |
| Jun 30, 2021 | 38.28 |
| Jun 30, 2021 | 38.28 |
| Mar 31, 2021 | 31.27 |
| Mar 31, 2021 | 31.27 |
| Dec 31, 2020 | 35.09 |
| Dec 31, 2020 | 35.09 |
| Sep 30, 2020 | 23.69 |
| Sep 30, 2020 | 23.69 |
| Jun 30, 2020 | 3.15 |
| Jun 30, 2020 | 3.15 |
| Mar 31, 2020 | 17.96 |
| Mar 31, 2020 | 17.96 |
| Dec 31, 2019 | 1.35 |
| Dec 31, 2019 | 1.35 |
| Sep 30, 2019 | 9.63 |
| Sep 30, 2019 | 9.63 |
| Jun 30, 2019 | -4.30 |
| Jun 30, 2019 | -4.30 |
| Mar 31, 2019 | -4.01 |
| Mar 31, 2019 | -4.01 |
| Dec 31, 2018 | -1.84 |
| Dec 31, 2018 | -1.84 |
| Sep 30, 2018 | 24.01 |
| Sep 30, 2018 | 24.01 |
| Jun 30, 2018 | 25.71 |
| Jun 30, 2018 | 25.71 |
| Mar 31, 2018 | -33.90 |
| Mar 31, 2018 | -33.90 |
| Dec 31, 2017 | -9.78 |
| Dec 31, 2017 | -9.78 |
| Sep 30, 2017 | 61.61 |
| Sep 30, 2017 | 61.61 |
| Jun 30, 2017 | 92.79 |
| Jun 30, 2017 | 92.79 |
| Mar 31, 2017 | 21.05 |
| Mar 31, 2017 | 21.05 |
| Dec 31, 2016 | 34.97 |
| Dec 31, 2016 | 34.97 |
| Sep 30, 2016 | -25.84 |
| Sep 30, 2016 | -25.84 |
| Jun 30, 2016 | 27.69 |
| Jun 30, 2016 | 27.69 |
| Mar 31, 2016 | 29.24 |
| Mar 31, 2016 | 29.24 |
| Dec 31, 2015 | 346.45 |
| Dec 31, 2015 | 346.45 |
| Sep 30, 2015 | 38.08 |
| Sep 30, 2015 | 38.08 |
| Jun 30, 2015 | 36.45 |
| Jun 30, 2015 | 36.45 |
| Mar 31, 2015 | 35.04 |
| Mar 31, 2015 | 35.04 |
| Dec 31, 2014 | -9.89 |
| Dec 31, 2014 | -9.89 |
| Sep 30, 2014 | 10.25 |
| Sep 30, 2014 | 10.25 |
| Jun 30, 2014 | -6.47 |
| Jun 30, 2014 | -6.47 |
| Mar 31, 2014 | 36.72 |
| Mar 31, 2014 | 36.72 |
| Dec 31, 2013 | 20.65 |
| Dec 31, 2013 | 20.65 |
| Sep 30, 2013 | 28.53 |
| Sep 30, 2013 | 28.53 |
| Jun 30, 2013 | 34.36 |
| Jun 30, 2013 | 34.36 |
| Mar 31, 2013 | -17.49 |
| Mar 31, 2013 | -17.49 |
| Dec 31, 2012 | 27.78 |
| Dec 31, 2012 | 27.78 |
| Sep 30, 2012 | 35.15 |
| Sep 30, 2012 | 35.15 |
| Jun 30, 2012 | 37.64 |
| Jun 30, 2012 | 37.64 |
| Mar 31, 2012 | 32.45 |
| Mar 31, 2012 | 32.45 |
| Dec 31, 2011 | 34.32 |
| Dec 31, 2011 | 34.32 |
| Sep 30, 2011 | 34.89 |
| Sep 30, 2011 | 34.89 |
| Jun 30, 2011 | 14.11 |
| Jun 30, 2011 | 14.11 |
| Mar 31, 2011 | 33.33 |
| Mar 31, 2011 | 33.33 |
| Dec 31, 2010 | -20.17 |
| Dec 31, 2010 | -20.17 |
| Sep 30, 2010 | 42.21 |
| Sep 30, 2010 | 42.21 |
| Jun 30, 2010 | 62.48 |
| Jun 30, 2010 | 62.48 |