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
DateValue
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%