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QuidelOrtho (QDEL) Tax Rate (2021 - 2024)

QuidelOrtho's Tax Rate history spans 4 years, with the latest figure at 5.16% for Q1 2024.

  • On a quarterly basis, Tax Rate fell 1350.0% to 5.16% in Q1 2024 year-over-year; TTM through Mar 2024 was 11.61%, a 2374.0% decrease, with the full-year FY2024 number at 3.73%, down 6156.0% from a year prior.
  • Tax Rate hit 5.16% in Q1 2024 for QuidelOrtho, down from 26.99% in the prior quarter.
  • Over the last five years, Tax Rate for QDEL hit a ceiling of 55.01% in Q3 2022 and a floor of 5.16% in Q1 2024.
  • Historically, Tax Rate has averaged 24.87% across 4 years, with a median of 22.67% in 2022.
  • Biggest five-year swings in Tax Rate: skyrocketed 4303bps in 2022 and later crashed -3762bps in 2023.
  • Tracing QDEL's Tax Rate over 4 years: stood at 23.37% in 2021, then surged by 65bps to 38.66% in 2022, then tumbled by -30bps to 26.99% in 2023, then crashed by -81bps to 5.16% in 2024.
  • Business Quant data shows Tax Rate for QDEL at 5.16% in Q1 2024, 26.99% in Q4 2023, and 18.06% in Q4 2023.