QuidelOrtho (QDEL) Tax Rate (2021 - 2024)

QuidelOrtho (QDEL) has 4 years of Tax Rate data on file, last reported at 5.16% in Q1 2024.

• For the quarter ending Q1 2024, Tax Rate fell 1350.0% year-over-year to 5.16%; the trailing twelve-month figure through Mar 2024 stood at 11.61% (down 2374.0% YoY), and the FY2024 full-year result was 3.73%, down 6156.0% from the prior year.
• Tax Rate fell to 5.16% in Q1 2024, from 26.99% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 55.01% in Q3 2022 to a low of 5.16% in Q1 2024.
• A 4-year average of 24.87% and a median of 22.67% in 2022 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate surged 4303 bps in 2022 and sank 3762 bps in 2023, its largest moves.
• Tracing QDEL's Tax Rate over 4 years: stood at 23.37% in 2021, then soared by 65 bps to 38.66% in 2022, then sank by 30 bps to 26.99% in 2023, then plunged by 81 bps to 5.16% in 2024.
• Business Quant data shows QDEL's Tax Rate at 5.16% in Q1 2024, 26.99% in Q4 2023, and 18.06% in Q4 2023.