Northern Technologies International (NTIC) Gross Margin (2010 - 2026)
Northern Technologies International (NTIC) reported Gross Margin of 33.63% for fiscal Q3 2026 (quarter ended May 31, 2026), down 4.77 percentage points from 38.40% a year earlier and down 2.10 percentage points from the prior quarter.
Northern Technologies International (NTIC) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended May 31, 2026, Northern Technologies International's Gross Margin came in at 35.76%, down 3.45 percentage points year-over-year; for FY2025 (ended Aug 31, 2025), it was 37.61%, down 2.12 percentage points from FY2024.
- Gross Margin has a five-year change of +3.96 percentage points (FY2020 to FY2025).
- By fiscal year, Gross Margin came in at 39.72% in FY2024 (+4.92 pp), 34.80% in FY2023 (+3.69 pp), 31.11% in FY2022 (-3.54 pp) and 34.65% in FY2021 (+1.00 pp).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Gross Margin since fiscal Q1 2023.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -0.98 percentage points.
- The high point for year-over-year Gross Margin in five years was fiscal Q4 2024 (a gain of 7.23 percentage points); the low point was fiscal Q4 2025 (a drop of 5.87 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 35.72% (Q2 2026), 35.97% (Q1 2026) and 37.90% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 32.77% |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 22.21% |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | 30.07% |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 24.57% |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 46.61% |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 40.22% |
| 10 | Northern Technologies International | 73.12 Mn | 45.74 Mn | 8.14 Mn | 33.63% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 33.63% |
| Feb 28, 2026 | 35.72% |
| Nov 30, 2025 | 35.97% |
| Aug 31, 2025 | 37.90% |
| May 31, 2025 | 38.40% |
| Feb 28, 2025 | 35.63% |
| Nov 30, 2024 | 38.25% |
| Aug 31, 2024 | 43.77% |
| May 31, 2024 | 38.16% |
| Feb 29, 2024 | 40.01% |
| Nov 30, 2023 | 36.34% |
| Aug 31, 2023 | 36.54% |
| May 31, 2023 | 36.15% |
| Feb 28, 2023 | 34.50% |
| Nov 30, 2022 | 31.84% |
| Aug 31, 2022 | 30.31% |
| May 31, 2022 | 32.91% |
| Feb 28, 2022 | 29.76% |
| Nov 30, 2021 | 31.35% |
| Aug 31, 2021 | 36.03% |
Northern Technologies International Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NTIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NTIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NTIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();