Stocks · Industrials · Coating, Engraving & Allied Services

NORTHERN TECHNOLOGIES INTERNATIONAL CORP

NTIC Clue Score41
United States Fiscal year ends August CIK 0000875582
$7.69 +0.39% Close, 9 Oct 2026
Price $7.69 −55.00% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue39.6Operating income4.6Net income3.4EPS, diluted0.75Fiscal year 2018Revenue51.4 +30.0%Operating income8.0Net income6.7 +95.8%EPS, diluted0.72Fiscal year 2019Revenue55.8 +8.4%Operating income6.6Net income5.2 −22.3%EPS, diluted0.55Fiscal year 2020Revenue47.6 −14.5%Operating income1.6Net income−1.3 −125.7%EPS, diluted−0.15Fiscal year 2021Revenue56.5 +18.6%Operating income8.3Net income6.3EPS, diluted0.64Fiscal year 2022Revenue74.2 +31.3%Operating income5.1Net income6.3 +0.7%EPS, diluted0.66Fiscal year 2023Revenue79.9 +7.7%Operating income6.0Net income2.9 −54.0%EPS, diluted0.30Fiscal year 2024Revenue85.1 +6.5%Operating income7.9Net income5.4 +85.7%EPS, diluted0.55Fiscal year 2025Revenue84.2 −1.0%Operating income2.6Net income0.0 −99.7%EPS, diluted0.00
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 39.6 51.4 55.8 47.6 56.5 74.2 79.9 85.1 84.2
Growth +30.0% +8.4% −14.5% +18.6% +31.3% +7.7% +6.5% −1.0%
Operating income 4.6 8.0 6.6 1.6 8.3 5.1 6.0 7.9 2.6
Net income 3.4 6.7 5.2 −1.3 6.3 6.3 2.9 5.4 0.0
Growth +95.8% −22.3% −125.7% +0.7% −54.0% +85.7% −99.7%
EPS, diluted 0.75 0.72 0.55 −0.15 0.64 0.66 0.30 0.55 0.00

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin33.5%Operating margin11.6%Net margin8.6%Free cash flow margin12.2%Fiscal year 2018Gross margin33.6%Operating margin15.6%Net margin13.0%Free cash flow margin−0.1%Fiscal year 2019Gross margin31.9%Operating margin11.8%Net margin9.3%Free cash flow margin8.1%Fiscal year 2020Gross margin33.6%Operating margin3.3%Net margin−2.8%Free cash flow margin8.8%Fiscal year 2021Gross margin34.6%Operating margin14.7%Net margin11.1%Free cash flow margin−4.7%Fiscal year 2022Gross margin31.1%Operating margin6.9%Net margin8.5%Free cash flow margin−0.5%Fiscal year 2023Gross margin34.8%Operating margin7.5%Net margin3.6%Free cash flow margin2.9%Fiscal year 2024Gross margin39.7%Operating margin9.3%Net margin6.4%Free cash flow margin4.7%Fiscal year 2025Gross margin37.6%Operating margin3.1%Net margin0.0%Free cash flow margin1.1%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 33.5% 33.6% 31.9% 33.6% 34.6% 31.1% 34.8% 39.7% 37.6%
Operating margin 11.6% 15.6% 11.8% 3.3% 14.7% 6.9% 7.5% 9.3% 3.1%
Net margin 8.6% 13.0% 9.3% −2.8% 11.1% 8.5% 3.6% 6.4% 0.0%
Free cash flow margin 12.2% −0.1% 8.1% 8.8% −4.7% −0.5% 2.9% 4.7% 1.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow5.7Capital expenditure−0.9Free cash flow4.8Buybacks−0.2Fiscal year 2018Operating cash flow0.6Capital expenditure−0.7Free cash flow−0.1 −101.5%Dividends paid−1.8Fiscal year 2019Operating cash flow5.5Capital expenditure−1.0Free cash flow4.5Dividends paid−2.2Fiscal year 2020Operating cash flow4.9Capital expenditure−0.7Free cash flow4.2 −7.0%Dividends paid−1.2Fiscal year 2021Operating cash flow2.9Capital expenditure−5.5Free cash flow−2.6 −162.8%Dividends paid−1.8Fiscal year 2022Operating cash flow1.1Capital expenditure−1.5Free cash flow−0.4Dividends paid−2.6Fiscal year 2023Operating cash flow5.5Capital expenditure−3.2Free cash flow2.3Dividends paid−2.6Fiscal year 2024Operating cash flow5.9Capital expenditure−1.9Free cash flow4.0 +72.9%Dividends paid−2.6Fiscal year 2025Operating cash flow2.4Capital expenditure−1.5Free cash flow0.9 −76.9%Dividends paid−1.5
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 5.7 0.6 5.5 4.9 2.9 1.1 5.5 5.9 2.4
Capital expenditure −0.9 −0.7 −1.0 −0.7 −5.5 −1.5 −3.2 −1.9 −1.5
Free cash flow 4.8 −0.1 4.5 4.2 −2.6 −0.4 2.3 4.0 0.9
Growth −101.5% −7.0% −162.8% +72.9% −76.9%
Buybacks −0.2 n/a n/a n/a n/a n/a n/a n/a n/a
Dividends paid n/a −1.8 −2.2 −1.2 −1.8 −2.6 −2.6 −2.6 −1.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash6.4Shareholders’ equity48.9Fiscal year 2018Cash4.2Shareholders’ equity53.1Fiscal year 2019Cash5.9Shareholders’ equity56.6Fiscal year 2020Cash6.4Shareholders’ equity56.7Fiscal year 2021Cash7.7Shareholders’ equity62.4Fiscal year 2022Cash5.3Shareholders’ equity63.6Fiscal year 2023Cash5.4Shareholders’ equity66.4Fiscal year 2024Cash5.0Shareholders’ equity71.2Fiscal year 2025Cash7.3Shareholders’ equity72.1
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 6.4 4.2 5.9 6.4 7.7 5.3 5.4 5.0 7.3
Shareholders’ equity 48.9 53.1 56.6 56.7 62.4 63.6 66.4 71.2 72.1

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending August, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Aug 2017 FY2018† 31 Aug 2018 FY2019 31 Aug 2019 FY2020 31 Aug 2020 FY2021 31 Aug 2021 FY2022 31 Aug 2022 FY2023 31 Aug 2023 FY2024 31 Aug 2024 FY2025 31 Aug 2025
Assets
6.4 4.2 5.9 6.4 7.7 5.3 5.4 5.0 7.3
7.5 9.1 10.5 11.0 11.1 16.3 13.1 14.4 15.5
7.4 7.2 7.4 7.1 11.8 12.2 14.1 16.3 15.2
n/a n/a n/a n/a 0.0 4.8 4.8 4.8 4.8
56.6 63.5 67.5 66.1 74.4 86.2 89.3 94.7 102.7
Growth +12.3% +6.2% −2.1% +12.6% +15.9% +3.7% +6.0% +8.5%
Equity
37.1 42.0 45.0 42.5 47.0 50.7 51.0 53.8 52.3
48.9 53.1 56.6 56.7 62.4 63.6 66.4 71.2 72.1
Growth +8.6% +6.6% +0.1% +10.1% +2.0% +4.3% +7.3% +1.3%
Per share and net cash
4.5 9.1 9.1 9.1 9.2 9.2 9.4 9.5 9.5
calc 10.77 5.84 6.23 6.23 6.79 6.89 7.04 7.52 7.61

† The diluted share count jumps at 2018, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.