Quest Patent Research (QPRC) Tax Rate (2016 - 2024)
On a quarterly basis, Tax Rate changed N/A to 0.84% in Q3 2024 year-over-year; TTM through Dec 2024 was 4.22%, a 552.0% decrease, with the full-year FY2024 number at 4.22%, down 552.0% from a year prior.
Quest Patent Research's Tax Rate history spans 11 years, with the latest figure at 0.84% for Q3 2024.
- Tax Rate came in at 0.84% for Q3 2024, up from 30.7% in the prior quarter.
- The five-year high for Tax Rate was 21.13% in Q4 2020, with the low at 30.7% in Q2 2024.
- Historically, Tax Rate has averaged 3.92% across 5 years, with a median of 0.13% in 2021.
- Biggest five-year swings in Tax Rate: skyrocketed 2531bps in 2020 and later plummeted -860bps in 2022.
- Year by year, Tax Rate stood at 21.13% in 2020, then plummeted by -101bps to 0.23% in 2021, then skyrocketed by 1364bps to 2.89% in 2022, then plummeted by -214bps to 3.3% in 2023, then surged by 126bps to 0.84% in 2024.
- Business Quant data shows Tax Rate for QPRC 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 | 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 | 20.55 |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 20.65 |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 24.81 |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 5.27 |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 21.71 |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 25.72 |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 30.77 |
| 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% |
| Dec 31, 2019 | -4.17% |
| Dec 31, 2019 | -4.17% |
| Mar 31, 2019 | -0.04% |
| Mar 31, 2019 | -0.04% |
| Dec 31, 2018 | 0.03% |
| Dec 31, 2018 | 0.03% |
| Jun 30, 2018 | 160.98% |
| Jun 30, 2018 | 160.98% |
| Mar 31, 2018 | -12.41% |
| Mar 31, 2018 | -12.41% |
| Dec 31, 2017 | 21.98% |
| Dec 31, 2017 | 21.98% |
| Sep 30, 2017 | -0.12% |
| Sep 30, 2017 | -0.12% |
| Jun 30, 2017 | -49.60% |
| Jun 30, 2017 | -49.60% |
| Mar 31, 2017 | -1.42% |
| Mar 31, 2017 | -1.42% |
| Dec 31, 2016 | -0.01% |
| Dec 31, 2016 | -0.01% |
| Jun 30, 2016 | 0.00% |
| Jun 30, 2016 | 0.00% |