Northern Technologies International (NTIC) Tax Rate (2010 - 2026)
Northern Technologies International's quarterly Tax Rate came in at 29.99% in Q1 2026, down 136.0% year-on-year from 83.31% in Q1 2025, and down 12.76% quarter-over-quarter from 34.38% in Q4 2025.
Northern Technologies International has reported Tax Rate for 17 years, with the latest figure at 29.99% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 136.0% year-over-year to 29.99%; the trailing twelve-month figure through Feb 2026 stood at 80.38% (up 5890.0% YoY), and the FY2025 full-year result was 62.41%, up 4508.0% from the prior year.
- Tax Rate for Q1 2026 stood at 29.99%, down from 34.38% in the prior quarter.
- The five-year high for Tax Rate was 247.96% in Q3 2025, with the low at 13.4% in Q1 2024.
- Average Tax Rate over 5 years is 42.39%, with a median of 30.48% recorded in 2023.
- Year-over-year, Tax Rate slumped 2663 bps in 2024 and jumped 23021 bps in 2025.
- Tracing NTIC's Tax Rate over 5 years: stood at 14.88% in 2022, then advanced by 16 bps to 17.29% in 2023, then advanced by 25 bps to 21.53% in 2024, then jumped by 60 bps to 34.38% in 2025, then retreated by 13 bps to 29.99% in 2026.
- The last three Tax Rate figures came in at 29.99% (Q1 2026), 34.38% (Q4 2025), and 247.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 25.53 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | -1.46 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | - |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 17.13 |
| 10 | Northern Technologies International | 76.05 Mn | 74.02 Mn | 7.86 Mn | 29.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 29.99 |
| Feb 28, 2026 | 29.99 |
| Nov 30, 2025 | 34.38 |
| Nov 30, 2025 | 34.38 |
| Aug 31, 2025 | 247.96 |
| Aug 31, 2025 | 247.96 |
| May 31, 2025 | 55.25 |
| May 31, 2025 | 55.25 |
| Feb 28, 2025 | 31.35 |
| Feb 28, 2025 | 31.35 |
| Nov 30, 2024 | 21.53 |
| Nov 30, 2024 | 21.53 |
| Aug 31, 2024 | 17.75 |
| Aug 31, 2024 | 17.75 |
| May 31, 2024 | 22.34 |
| May 31, 2024 | 22.34 |
| Feb 29, 2024 | 13.40 |
| Feb 29, 2024 | 13.40 |
| Nov 30, 2023 | 17.29 |
| Nov 30, 2023 | 17.29 |
| Aug 31, 2023 | 44.38 |
| Aug 31, 2023 | 44.38 |
| May 31, 2023 | 30.48 |
| May 31, 2023 | 30.48 |
| Feb 28, 2023 | 25.90 |
| Feb 28, 2023 | 25.90 |
| Nov 30, 2022 | 14.88 |
| Nov 30, 2022 | 14.88 |
| Aug 31, 2022 | 46.57 |
| Aug 31, 2022 | 46.57 |
| May 31, 2022 | 33.29 |
| May 31, 2022 | 33.29 |
| Feb 28, 2022 | 33.89 |
| Feb 28, 2022 | 33.89 |
| Nov 30, 2021 | 9.65 |
| Nov 30, 2021 | 9.65 |
| Aug 31, 2021 | 18.02 |
| Aug 31, 2021 | 18.02 |
| May 31, 2021 | 10.68 |
| May 31, 2021 | 10.68 |
| Feb 28, 2021 | 15.45 |
| Feb 28, 2021 | 15.45 |
| Nov 30, 2020 | 21.22 |
| Nov 30, 2020 | 21.22 |
| Aug 31, 2020 | 238.26 |
| Aug 31, 2020 | 238.26 |
| May 31, 2020 | -18.01 |
| May 31, 2020 | -18.01 |
| Feb 29, 2020 | 62.03 |
| Feb 29, 2020 | 62.03 |
| Nov 30, 2019 | 16.26 |
| Nov 30, 2019 | 16.26 |
| Aug 31, 2019 | 25.42 |
| Aug 31, 2019 | 25.42 |
| May 31, 2019 | 8.39 |
| May 31, 2019 | 8.39 |
| Feb 28, 2019 | 13.70 |
| Feb 28, 2019 | 13.70 |
| Nov 30, 2018 | 13.48 |
| Nov 30, 2018 | 13.48 |
| Aug 31, 2018 | -12.34 |
| Aug 31, 2018 | -12.34 |
| May 31, 2018 | 7.31 |
| May 31, 2018 | 7.31 |
| Feb 28, 2018 | 37.19 |
| Feb 28, 2018 | 37.19 |
| Nov 30, 2017 | 8.05 |
| Nov 30, 2017 | 8.05 |
| Aug 31, 2017 | 19.11 |
| Aug 31, 2017 | 19.11 |
| May 31, 2017 | 13.72 |
| May 31, 2017 | 13.72 |
| Feb 28, 2017 | 20.48 |
| Feb 28, 2017 | 20.48 |
| Nov 30, 2016 | 22.45 |
| Nov 30, 2016 | 22.45 |
| Aug 31, 2016 | -23.60 |
| Aug 31, 2016 | -23.60 |
| May 31, 2016 | 18.04 |
| May 31, 2016 | 18.04 |
| Feb 29, 2016 | -132.47 |
| Feb 29, 2016 | -132.47 |
| Nov 30, 2015 | 4.60 |
| Nov 30, 2015 | 4.60 |
| Aug 31, 2015 | 78.19 |
| Aug 31, 2015 | 78.19 |
| May 31, 2015 | 9.65 |
| May 31, 2015 | 9.65 |
| Feb 28, 2015 | 142.02 |
| Feb 28, 2015 | 142.02 |
| Nov 30, 2014 | 11.15 |
| Nov 30, 2014 | 11.15 |
| Aug 31, 2014 | 17.39 |
| Aug 31, 2014 | 17.39 |
| May 31, 2014 | 20.53 |
| May 31, 2014 | 20.53 |
| Feb 28, 2014 | 15.80 |
| Feb 28, 2014 | 15.80 |
| Nov 30, 2013 | 13.18 |
| Nov 30, 2013 | 13.18 |
| Aug 31, 2013 | 14.47 |
| Aug 31, 2013 | 14.47 |
| May 31, 2013 | 10.93 |
| May 31, 2013 | 10.93 |
| Feb 28, 2013 | 24.36 |
| Feb 28, 2013 | 24.36 |
| Nov 30, 2012 | 15.01 |
| Nov 30, 2012 | 15.01 |
| Aug 31, 2012 | -7.68 |
| Aug 31, 2012 | -7.68 |
| May 31, 2012 | 33.16 |
| May 31, 2012 | 33.16 |
| Feb 29, 2012 | 14.20 |
| Feb 29, 2012 | 14.20 |
| Nov 30, 2011 | 10.18 |
| Nov 30, 2011 | 10.18 |
| Aug 31, 2011 | 16.70 |
| Aug 31, 2011 | 16.70 |
| May 31, 2011 | 18.24 |
| May 31, 2011 | 18.24 |
| Feb 28, 2011 | 12.27 |
| Feb 28, 2011 | 12.27 |
| Nov 30, 2010 | 12.00 |
| Nov 30, 2010 | 12.00 |