NTICNasdaqCoating, Engraving & Allied ServicesFiscal year ends August 31
NORTHERN TECHNOLOGIES INTERNATIONAL CORP
Financials through Q3 FY2026, quarter ended May 31, 2026Last filing: 10-Q on Jul 9, 2026
$7.72+0.01 (+0.13%)
Close on Oct 19, 2026
- Market cap
- $73.31M
- P/E (TTM)
- –
- Dividend yield
- 2.07%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
37.6%+4.0 pts over 5 years
Operating margin
3.1%−0.3 pts over 5 years
Net margin
0.0%+2.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.0% | +4.3% | +12.1% | +10.8% | |
| Gross profit | -6.2% | +11.1% | +14.6% | +12.5% | |
| Operating income | -67.3% | -20.7% | +10.1% | -2.0% | |
| Net income | -99.7% | -85.9% | – | -37.0% | |
| Free cash flow | -76.9% | – | -26.2% | – | |
| Dividend per share | -42.9% | -17.0% | +4.2% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -1.9% | -2.4% | 0.0% | |
| Return on assets | -1.7% | -2.0% | 0.0% | |
| Current ratio | 5.24 | 5.45 | 1.86 | |
| Interest coverage | 96.7× | 99.1× | 4.3× | |
| Inventory turnover | 2.9× | 2.9× | 3.4× | |
| Capex to revenue | 2.0% | 1.5% | 1.8% | |
| Diluted shares | 9M | 9M | 10M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Northern Technologies International generated $17.91M from operations and spent $24.87M on capital expenditure, dividends and share buybacks. 55% of that went back into the business.
Generated
$17.91M
Used
$24.87M
Capital expenditure$13.72M55%Dividends$11.14M45%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.0%
×Asset turnover0.85×
×Equity multiplier1.38×
=Return on equity, FY20250.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.0% | 0.85× | 1.38× | 0.0% |
| FY2024 | 6.4% | 0.92× | 1.34× | 7.9% |
| FY2023 | 3.6% | 0.91× | 1.35× | 4.5% |
| FY2022 | 8.5% | 0.92× | 1.27× | 10.0% |
| FY2021 | 11.1% | 0.80× | 1.18× | 10.6% |
| FY2020 | -2.8% | 0.71× | 1.18× | -2.4% |
| FY2019 | 9.3% | 0.85× | 1.20× | 9.5% |
| FY2018 | 47.5% | 0.23× | 1.18× | 13.1% |
| FY2017 | 8.6% | 0.73× | 1.15× | 7.3% |
| FY2016 | -2.6% | 0.64× | 1.15× | -1.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$17.62K
- Cash generatingOperating cash flow above zero$2.44M
- Return on assets improvedROA up on the prior year6.1% → 0.0%
- Earnings backed by cashOperating cash flow above net income$2.44M vs $17.62K
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.32 → 1.86
- No dilutionShare count did not rise10M → 10M
- Gross margin improvedGross margin up on the prior year39.72% → 37.61%
- More efficientAsset turnover rose0.95 → 0.89