Quest Patent Research (QPRC) Tax Rate (2014 - 2024)
Quest Patent Research's (QPRC) quarterly Tax Rate came in at 0.84% in Q3 2024, up 102.75% quarter-over-quarter from 30.7% in Q2 2024.
Quest Patent Research (QPRC) Tax Rate (2014 - 2024) Analysis & Trends
Quest Patent Research has disclosed Tax Rate across 11 years of filings, most recently posting 0.84% for Q3 2024.
- Tax Rate for Q3 2024 came in at 0.84%, changed N/A year-over-year; the trailing twelve-month figure through Dec 2024 was 4.22% (down 552.0% YoY), and the FY2024 annual result was 4.22%, down 552.0% from the prior year.
- Tax Rate came in at 0.84% for Q3 2024 at Quest Patent Research, up from 30.7% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 21.13% in Q4 2020 to a low of 30.7% in Q2 2024.
- The 5-year median for Tax Rate is 0.13% (2021), against an average of 3.92%.
- Across the five-year window, Tax Rate surged 2531 bps in 2020 and tumbled 860 bps in 2022, its largest moves.
- Quest Patent Research's Tax Rate stood at 21.13% in 2020, then slumped by 101 bps to 0.23% in 2021, then jumped by 1364 bps to 2.89% in 2022, then plunged by 214 bps to 3.3% in 2023, then surged by 126 bps to 0.84% in 2024.
- The last three Tax Rate figures came in at 0.84% (Q3 2024), 30.7% (Q2 2024), and 3.3% (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 20.55% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 20.06% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 21.71% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 24.81% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 5.27% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 25.72% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 30.77% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 20.22% |
| 10 | Quest Patent Research | - | - | -1.71 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.84% |
| Sep 30, 2024 | 0.84% |
| Jun 30, 2024 | -30.70% |
| Jun 30, 2024 | -30.70% |
| Mar 31, 2023 | -3.30% |
| Mar 31, 2023 | -3.30% |
| Dec 31, 2022 | 2.89% |
| Dec 31, 2022 | 2.89% |
| Mar 31, 2022 | -8.60% |
| Mar 31, 2022 | -8.60% |
| Jun 30, 2021 | -0.23% |
| Jun 30, 2021 | -0.23% |
| Mar 31, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 21.13% |
| Dec 31, 2020 | 21.13% |
| Jun 30, 2020 | -21.24% |
| Jun 30, 2020 | -21.24% |
| Mar 31, 2020 | -0.03% |
| Mar 31, 2020 | -0.03% |