Quest Patent Research (QPRC) Tax Rate (2014 - 2024)
Quest Patent Research (QPRC) reported Tax Rate of 0.84% for Q3 2024, up 102.75% sequentially from 30.7% in Q2 2024.
Quest Patent Research (QPRC) Tax Rate (2014 - 2024) Analysis & Trends
Quest Patent Research (QPRC) has 11 years of Tax Rate data on file, last reported at 0.84% in Q3 2024.
- For the quarter ending Q3 2024, Tax Rate changed N/A year-over-year to 0.84%; the trailing twelve-month figure through Dec 2024 stood at 4.22% (down 552.0% YoY), and the FY2025 full-year result was 21.0%, up 2522.0% from the prior year.
- Tax Rate climbed to 0.84% in Q3 2024, from 30.7% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 200.51% in Q4 2021 to a low of 30.7% in Q2 2024.
- A 5-year average of 14.66% and a median of 0.03% in 2020 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 17937 bps in 2021 and tumbled 19762 bps in 2022, its largest moves.
- Tracing QPRC's Tax Rate over 5 years: stood at 21.13% in 2020, then surged by 849 bps to 200.51% in 2021, then plunged by 99 bps to 2.89% in 2022, then sank by 214 bps to 3.3% in 2023, then jumped by 126 bps to 0.84% in 2024.
- Business Quant data shows QPRC's Tax Rate at 0.84% in Q3 2024, 30.7% in Q2 2024, and 3.3% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 20.55% |
| 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 | - | -19.56% |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 20.06% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 5.27% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 21.71% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 24.81% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 25.72% |
| 10 | Quest Patent Research | 2.35 Mn | 1.73 Mn | -1.71 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.84% |
| Sep 30, 2024 | 0.84% |
| Sep 30, 2024 | 0.84% |
| Jun 30, 2024 | -30.70% |
| Jun 30, 2024 | -30.70% |
| Jun 30, 2024 | -30.70% |
| Mar 31, 2023 | -3.30% |
| Mar 31, 2023 | -3.30% |
| Mar 31, 2023 | -3.30% |
| Dec 31, 2022 | 2.89% |
| Dec 31, 2022 | 2.89% |
| Dec 31, 2022 | 2.89% |
| Mar 31, 2022 | -8.60% |
| Mar 31, 2022 | -8.60% |
| Mar 31, 2022 | -8.60% |
| Dec 31, 2021 | 200.51% |
| Dec 31, 2021 | 200.51% |
| Dec 31, 2021 | 200.51% |
| Jun 30, 2021 | -0.23% |
| Jun 30, 2021 | -0.23% |