QuidelOrtho (QDEL) Tax Rate (2021 - 2024)

QuidelOrtho's Tax Rate history runs 4 years deep, the most recent figure standing at 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 11.61% (down 2374.0% 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 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 soared 4303 bps in 2022 and slumped 3762 bps in 2023, its largest moves.
• QuidelOrtho's Tax Rate stood at 23.37% in 2021, then surged by 65 bps to 38.66% in 2022, then tumbled by 30 bps to 26.99% in 2023, then slumped by 81 bps to 5.16% in 2024.
• According to Business Quant data, Tax Rate over the past three periods registered 5.16%, 26.99%, and 18.06% for Q1 2024, Q4 2023, and Q4 2023 respectively.

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