Quest Patent Research (QPRC) Gross Margin (2011 - 2024)
Quest Patent Research (QPRC) posted Gross Margin of 27.61% for Q3 2024, down 49.35% sequentially from 54.51% in Q2 2024, and up 5871.0% YoY from 0.46% in Q4 2023.
Quest Patent Research (QPRC) Gross Margin (2011 - 2024) Analysis & Trends
Quest Patent Research has reported Gross Margin for 13 years, with the latest figure at 27.61% in Q3 2024.
- Quarterly Gross Margin rose 5871.0% year-over-year to 27.61% in Q3 2024, while the trailing twelve-month figure through Dec 2024 was 37.68% (down 982.0% YoY) and the FY2024 annual result came in at 34.02%, down 1347.0% from the prior year.
- Gross Margin declined to 27.61% in Q3 2024 per QPRC's latest filing, from 54.51% in the prior quarter.
- Over five years, Gross Margin peaked at 54.51% in Q2 2024 and troughed at 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.
- The widest YoY moves for Gross Margin: up 7258 bps in 2023, down 7751 bps in 2023.
- Over 4 years, Gross Margin stood at 4.6% in 2020, then plunged by 381 bps to 22.12% in 2022, then surged by 328 bps to 50.45% in 2023, then sank by 45 bps to 27.61% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 27.61%, 54.51%, and 46.26% for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 50.95% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 59.24% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 61.04% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 71.03% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 51.10% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 86.78% |
| 10 | Quest Patent Research | 1.33 Mn | 852,615.25 | -348,206.00 | -17.41% |
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% |