Quest Patent Research (QPRC) Gross Margin (2016 - 2024)
On a quarterly basis, Gross Margin rose 5871.0% to 27.61% in Q3 2024 year-over-year; TTM through Dec 2024 was 37.68%, a 982.0% decrease, with the full-year FY2024 number at 34.02%, down 1347.0% from a year prior.
Quest Patent Research's Gross Margin history spans 13 years, with the latest figure at 27.61% for Q3 2024.
- Gross Margin came in at 27.61% for Q3 2024, down from 54.51% in the prior quarter.
- The five-year high for Gross Margin was 54.51% in Q2 2024, with the low at 31.1% in Q3 2023.
- Historically, Gross Margin has averaged 18.43% across 4 years, with a median of 18.68% in 2022.
- Biggest five-year swings in Gross Margin: soared 534338bps in 2020 and later crashed -7751bps in 2023.
- Year by year, Gross Margin stood at 4.6% in 2020, then tumbled by -381bps to 22.12% in 2022, then soared by 328bps to 50.45% in 2023, then plummeted by -45bps to 27.61% in 2024.
- Business Quant data shows Gross Margin for QPRC at 27.61% in Q3 2024, 54.51% in Q2 2024, and 46.26% in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 50.98% |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 86.59% |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 50.26% |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 57.11% |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 70.43% |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 8.69% |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 9.92% |
| 10 | Quest Patent Research | - | - | -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% |
| Sep 30, 2019 | 13.21% |
| Jun 30, 2019 | 41.61% |
| Mar 31, 2019 | 28.37% |
| Dec 31, 2018 | 99.57% |
| Sep 30, 2018 | -436.53% |
| Jun 30, 2018 | 15.97% |
| Mar 31, 2018 | 6.79% |
| Dec 31, 2017 | 100.00% |
| Sep 30, 2017 | -73.91% |
| Jun 30, 2017 | -18,331.24% |
| Mar 31, 2017 | 97.22% |
| Dec 31, 2016 | 72.88% |
| Sep 30, 2016 | -41.69% |
| Jun 30, 2016 | 96.91% |