Nortech Systems (NSYS) Tax Rate (2010 - 2026)
Nortech Systems (NSYS) posted Tax Rate of 83.73% for Q1 2026, up 219.54% sequentially from 70.04% in Q4 2025, and up 5576.0% YoY from 1.48% in Q1 2025.
Nortech Systems (NSYS) Tax Rate (2010 - 2026) Analysis & Trends
Nortech Systems has reported Tax Rate for 17 years, with the latest figure at 83.73% in Q1 2026.
- Quarterly Tax Rate rose 5576.0% year-over-year to 83.73% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.75% (up 178.0% YoY) and the FY2025 annual result came in at 18.18%, up 2052.0% from the prior year.
- Tax Rate advanced to 83.73% in Q1 2026 per NSYS's latest filing, from 70.04% in the prior quarter.
- Over five years, Tax Rate peaked at 121.73% in Q3 2025 and troughed at 94.37% in Q1 2022.
- A 5-year average of 8.91% and a median of 19.61% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate tumbled 12564 bps in 2022, then jumped 12993 bps in 2025.
- Over 5 years, Tax Rate stood at 65.04% in 2022, then surged by 81 bps to 12.13% in 2023, then jumped by 262 bps to 19.61% in 2024, then plunged by 457 bps to 70.04% in 2025, then jumped by 220 bps to 83.73% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 83.73%, 70.04%, 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 26.51% |
| 10 | Nortech Systems | 32.58 Mn | 30.91 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.73% |
| Mar 31, 2026 | 83.73% |
| Mar 31, 2026 | 83.73% |
| Dec 31, 2025 | -70.04% |
| Dec 31, 2025 | -70.04% |
| Dec 31, 2025 | -70.04% |
| Sep 30, 2025 | 121.73% |
| Sep 30, 2025 | 121.73% |
| Sep 30, 2025 | 121.73% |
| Jun 30, 2025 | 35.46% |
| Jun 30, 2025 | 35.46% |
| Jun 30, 2025 | 35.46% |
| Mar 31, 2025 | 27.97% |
| Mar 31, 2025 | 27.97% |
| Mar 31, 2025 | 27.97% |
| Dec 31, 2024 | 19.61% |
| Dec 31, 2024 | 19.61% |
| Dec 31, 2024 | 19.61% |
| Sep 30, 2024 | -8.20% |
| Sep 30, 2024 | -8.20% |