Quest Patent Research (QPRC) Gross Margin (2011 - 2024)
Quest Patent Research (QPRC) reported Gross Margin of 27.61% for Q3 2024, up 5871.0% on a YoY basis from 0.46% in Q4 2023, and down 49.35% sequentially from 54.51% in Q2 2024.
Quest Patent Research (QPRC) Gross Margin (2011 - 2024) Analysis & Trends
Quest Patent Research (QPRC) has 13 years of Gross Margin data on file, last reported at 27.61% in Q3 2024.
- For the quarter ending Q3 2024, Gross Margin rose 5871.0% year-over-year to 27.61%; the trailing twelve-month figure through Dec 2024 stood at 37.68% (down 982.0% YoY), and the FY2024 full-year result was 34.02%, down 1347.0% from the prior year.
- Gross Margin declined to 27.61% in Q3 2024, from 54.51% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 54.51% in Q2 2024 to a low of 31.1% in Q3 2023.
- A 4-year average of 18.43% and a median of 18.68% in 2022 frame the typical range for Gross Margin.
- Peak annual rise in Gross Margin reached 7258 bps in 2023, while the deepest fall reached 7751 bps in 2023.
- Tracing QPRC's Gross Margin over 4 years: stood at 4.6% in 2020, then sank by 381 bps to 22.12% in 2022, then surged by 328 bps to 50.45% in 2023, then slumped by 45 bps to 27.61% in 2024.
- Business Quant data shows QPRC's Gross Margin at 27.61% in Q3 2024, 54.51% in Q2 2024, and 46.26% in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 50.98% |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 59.24% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 57.11% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 75.16% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 50.26% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 8.69% |
| 10 | Quest Patent Research | 2.35 Mn | 1.73 Mn | -1.71 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 27.61% |
| Jun 30, 2024 | 54.51% |
| Mar 31, 2024 | 46.26% |
| Dec 31, 2023 | 50.45% |
| Sep 30, 2023 | -31.10% |
| Mar 31, 2023 | 7.17% |
| Dec 31, 2022 | -22.12% |
| Sep 30, 2022 | 46.40% |
| Mar 31, 2022 | 9.75% |
| Mar 31, 2020 | -4.60% |
| Dec 31, 2019 | 6.22% |
| Sep 30, 2019 | 13.21% |
| Jun 30, 2019 | 41.61% |
| Mar 31, 2019 | 29.30% |
| Dec 31, 2018 | 99.57% |
| Sep 30, 2018 | -436.53% |
| Jun 30, 2018 | 16.04% |
| Mar 31, 2018 | 5.88% |
| Dec 31, 2017 | 100.00% |
| Sep 30, 2017 | -35,037.03% |