Northern Technologies International (NTIC) Tax Rate (2010 - 2026)
Northern Technologies International (NTIC) posted Tax Rate of 104.59% for fiscal Q3 2026 (quarter ended May 31, 2026), up 49.34 percentage points from 55.25% a year earlier and up 74.60 percentage points from the prior quarter.
Northern Technologies International (NTIC) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through May 31, 2026, Tax Rate at Northern Technologies International was 104.34%, up 78.40 percentage points year-over-year; for FY2025 (ended Aug 31, 2025), it was 67.46%, up 50.12 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -86.26 percentage points (FY2020 to FY2025).
- In prior fiscal years, Northern Technologies International's Tax Rate was 17.34% in FY2024 (-6.82 pp), 24.15% in FY2023 (+3.47 pp), 20.68% in FY2022 (+3.40 pp) and 17.28% in FY2021 (-136.44 pp).
- Quarterly Tax Rate has run from a low of 9.65% in fiscal Q1 2022 to a high of 286.34% in fiscal Q4 2025 over five years.
- On a year-over-year basis, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +47.56 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q4 2025, with a gain of 268.59 percentage points; the weakest was fiscal Q4 2021, with a drop of 1111.32 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 29.99% (Q2 2026), 34.38% (Q1 2026) and 286.34% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.92 Bn | 214.50 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 114.46 Bn | 107.03 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 80.97 Bn | 80.01 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 66.60 Bn | 61.78 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 41.19 Bn | 30.70 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 33.79 Bn | 30.61 Bn | 3.25 Bn | 21.50% |
| 7 | Ati | 25.83 Bn | 23.86 Bn | 309.80 Mn | 20.01% |
| 8 | Qnity Electronics | 24.96 Bn | 22.09 Bn | 666.00 Mn | 31.66% |
| 9 | Ppg Industries | 23.98 Bn | 16.63 Bn | 1.81 Bn | 22.32% |
| 10 | Northern Technologies International | 73.12 Mn | 45.74 Mn | 8.14 Mn | 104.59% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 104.59% |
| Feb 28, 2026 | 29.99% |
| Nov 30, 2025 | 34.38% |
| Aug 31, 2025 | 286.34% |
| May 31, 2025 | 55.25% |
| Feb 28, 2025 | 31.35% |
| Nov 30, 2024 | 21.53% |
| Aug 31, 2024 | 17.75% |
| May 31, 2024 | 22.34% |
| Feb 29, 2024 | 13.40% |
| Nov 30, 2023 | 17.29% |
| Aug 31, 2023 | 21.80% |
| May 31, 2023 | 30.48% |
| Feb 28, 2023 | 25.90% |
| Nov 30, 2022 | 14.88% |
| Aug 31, 2022 | 39.05% |
| May 31, 2022 | 33.29% |
| Feb 28, 2022 | 33.89% |
| Nov 30, 2021 | 9.65% |
| Aug 31, 2021 | 23.04% |
Northern Technologies International Tax Rate 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=tax-rate&ticker=NTIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NTIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();