Growth Metrics

QuidelOrtho (QDEL) Tax Rate (2021 - 2024)

QuidelOrtho's Tax Rate history spans 3 years, with the latest figure at 2.63% for Q4 2023.

  • For Q4 2023, Tax Rate fell 3298.0% year-over-year to 2.63%; the TTM value through Dec 2023 reached 9.25%, down 3702.0%, while the annual FY2024 figure was 3.73%, 6156.0% down from the prior year.
  • Tax Rate for Q4 2023 was 2.63% at QuidelOrtho, down from 17.39% in the prior quarter.
  • Across five years, Tax Rate topped out at 55.01% in Q3 2022 and bottomed at 2.63% in Q4 2023.
  • The 3-year median for Tax Rate is 23.02% (2021), against an average of 26.75%.
  • The largest annual shift saw Tax Rate surged 1528bps in 2022 before it tumbled -3762bps in 2023.
  • A 3-year view of Tax Rate shows it stood at 23.37% in 2021, then surged by 65bps to 38.66% in 2022, then tumbled by -93bps to 2.63% in 2023.
  • Per Business Quant, the three most recent readings for QDEL's Tax Rate are 2.63% (Q4 2023), 17.39% (Q3 2023), and 18.67% (Q2 2023).