QuidelOrtho (QDEL) Tax Rate (2021 - 2024)

QuidelOrtho has disclosed Tax Rate across 4 years of filings, most recently posting 5.16% for Q1 2024.

• In Q1 2024, Tax Rate fell 1350.0% year-over-year to 5.16%; the TTM figure through Mar 2024 stood at 6.52% (down 2883.0% YoY), while the FY2024 annual figure was 3.73%, down 6156.0% from the prior year.
• Tax Rate came in at 5.16% for Q1 2024 at QuidelOrtho, down from 176.09% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 176.09% in Q4 2023 to a low of 5.16% in Q1 2024.
• Average Tax Rate over 4 years is 38.43%, with a median of 22.67% recorded in 2022.
• The largest YoY upside for Tax Rate was 14048 bps in 2023 against a maximum downside of 3762 bps in 2023.
• Over 4 years, Tax Rate stood at 23.37% in 2021, then jumped by 65 bps to 38.66% in 2022, then jumped by 355 bps to 176.09% in 2023, then tumbled by 97 bps to 5.16% in 2024.
• Per Business Quant data, the three most recent Tax Rate figures were 5.16% in Q1 2024, 176.09% in Q4 2023, and 18.06% in Q4 2023.