Growth Metrics

QuidelOrtho (QDEL) Tax Rate (2021 - 2024)

QuidelOrtho (QDEL) has disclosed Tax Rate for 4 consecutive years, with 5.16% as the latest value for Q1 2024.

  • Quarterly Tax Rate fell 1350.0% to 5.16% in Q1 2024 from the year-ago period, while the trailing twelve-month figure was 11.61% through Mar 2024, down 2374.0% year-over-year, with the annual reading at 3.73% for FY2024, 6156.0% down from the prior year.
  • Tax Rate hit 5.16% in Q1 2024 for QuidelOrtho, down 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.
  • 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.
  • Year by year, Tax Rate stood at 23.37% in 2021, then soared by 65bps to 38.66% in 2022, then crashed by -30bps to 26.99% in 2023, then plummeted 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.